Northrop Grumman (NOC) Stock Forecast, Price Target & Predictions
NOC Stock Forecast
Northrop Grumman stock forecast is as follows: an average price target of $503.44 (represents a 2.53% upside from NOC’s last price of $491.02) and a rating consensus of 'Hold', based on 15 wall street analysts offering a 1-year stock forecast.
NOC Price Target
The average price target for Northrop Grumman (NOC) is $503.44 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $592.00 to $375.00. This represents a potential 2.53% upside from NOC's last price of $491.02.
NOC Analyst Ratings
According to 15 Wall Street analysts, Northrop Grumman's rating consensus is 'Hold'. The analyst rating breakdown for NOC stock is 0 'Strong Buy' (0.00%), 6 'Buy' (40.00%), 8 'Hold' (53.33%), 1 'Sell' (6.67%), and 0 'Strong Sell' (0.00%).
Northrop Grumman Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Sheila Kahyaoglu | Jefferies | $550.00 | $504.05 | 9.12% | 12.01% |
| Oct 29, 2024 | David Strauss | Barclays | $550.00 | $512.15 | 7.39% | 12.01% |
| Oct 11, 2024 | Douglas Harned | Bernstein | $565.00 | $527.09 | 7.19% | 15.07% |
| Oct 10, 2024 | Jason Gursky | Citigroup | $587.00 | $532.23 | 10.29% | 19.55% |
| Sep 26, 2024 | Kristine Liwag | Morgan Stanley | $592.00 | $528.11 | 12.10% | 20.57% |
| Jul 26, 2024 | Peter Arment | Robert W. Baird | $470.57 | $470.57 | - | -4.16% |
| Jul 26, 2024 | Ken Herbert | RBC Capital | $500.00 | $483.43 | 3.43% | 1.83% |
| Jul 26, 2024 | Scott Deuschle | Deutsche Bank | $575.00 | $482.30 | 19.22% | 17.10% |
| Jun 20, 2024 | Scott Deuschle | Deutsche Bank | $474.00 | $425.83 | 11.31% | -3.47% |
| Jun 06, 2024 | Sheila Kahyaoglu | Jefferies | $500.00 | $444.78 | 12.42% | 1.83% |
The latest Northrop Grumman stock forecast, released on Oct 30, 2024 by Sheila Kahyaoglu from Jefferies, set a price target of $550.00, which represents a 9.12% increase from the stock price at the time of the forecast ($504.05), and a 12.01% increase from NOC last price ($491.02).
Northrop Grumman Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 5 | 15 |
| Avg Price Target | $550.00 | $568.80 | $516.30 |
| Last Closing Price | $491.02 | $491.02 | $491.02 |
| Upside/Downside | 12.01% | 15.84% | 5.15% |
In the current month, the average price target of Northrop Grumman stock is $550.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 12.01% increase as opposed to Northrop Grumman's last price of $491.02. This month's average price target is down -3.31% compared to last quarter, and up 6.53% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Jefferies | Hold | Hold | Hold |
| Oct 29, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Oct 11, 2024 | Bernstein | Market Perform | Market Perform | Hold |
| Oct 10, 2024 | Citigroup | Neutral | Neutral | Hold |
| Sep 03, 2024 | Seaport Global | Buy | Buy | Hold |
| Aug 27, 2024 | Alembic Global | Overweight | Neutral | Downgrade |
| Aug 09, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Jul 30, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Jul 29, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 26, 2024 | RBC Capital | Sector Perform | Sector Perform | Hold |
Northrop Grumman's last stock rating was published by Jefferies on Oct 30, 2024. The company gave NOC a "Hold" rating, the same as its previous rate.
Northrop Grumman Financial Forecast
Northrop Grumman Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.78B | $9.58B | $9.30B | $10.03B | $8.97B | $8.80B | $8.80B | $8.64B | $8.72B | $9.15B | $9.16B | $10.21B | $9.08B | $8.88B | $8.62B | $8.72B | $8.47B |
| Avg Forecast | $12.08B | $11.06B | $11.00B | $10.82B | $11.54B | $10.47B | $10.51B | $10.30B | $10.95B | $10.18B | $10.02B | $9.77B | $10.43B | $9.58B | $9.36B | $9.18B | $9.67B | $9.13B | $9.07B | $8.88B | $9.00B | $8.95B | $8.77B | $8.53B | $9.27B | $8.86B | $8.63B | $8.53B | $8.85B | $8.57B |
| High Forecast | $12.26B | $11.22B | $11.16B | $10.97B | $11.71B | $10.62B | $10.66B | $10.48B | $11.04B | $10.19B | $10.02B | $9.77B | $10.54B | $9.81B | $9.49B | $9.31B | $9.81B | $9.13B | $9.07B | $8.88B | $9.00B | $8.95B | $8.77B | $8.53B | $9.27B | $8.86B | $8.63B | $8.53B | $8.85B | $8.57B |
| Low Forecast | $11.90B | $10.90B | $10.83B | $10.66B | $11.37B | $10.32B | $10.36B | $10.18B | $10.74B | $10.18B | $10.02B | $9.77B | $10.34B | $9.37B | $9.22B | $9.04B | $9.52B | $9.13B | $9.07B | $8.88B | $9.00B | $8.95B | $8.77B | $8.53B | $9.27B | $8.86B | $8.63B | $8.53B | $8.85B | $8.57B |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 12 | 6 | 4 | 4 | 5 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 9 | 9 | 9 | 13 | 13 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.02% | 1.01% | 1.04% | 0.98% | 0.97% | 0.99% | 0.96% | 0.97% | 1.04% | 1.07% | 1.10% | 1.02% | 1.03% | 1.01% | 0.99% | 0.99% |
Northrop Grumman's average Quarter revenue forecast for Dec 23 based on 5 analysts is $10.43B, with a low forecast of $10.34B, and a high forecast of $10.54B. NOC's average Quarter revenue forecast represents a 6.73% increase compared to the company's last Quarter revenue of $9.78B (Sep 23).
Northrop Grumman EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 12 | 6 | 4 | 4 | 5 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 9 | 9 | 9 | 13 | 13 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.58B | $967.00M | $1.43B | $2.95B | $1.54B | $1.61B | $1.58B | $3.81B | $1.72B | $1.74B | $3.46B | $810.00M | $1.64B | $1.67B | $1.48B | $-158.00M | $1.44B |
| Avg Forecast | $2.03B | $1.86B | $1.85B | $1.82B | $1.94B | $1.76B | $1.76B | $1.73B | $1.84B | $1.71B | $1.68B | $1.87B | $1.75B | $1.61B | $1.57B | $1.70B | $4.16B | $1.53B | $1.52B | $1.54B | $1.50B | $1.50B | $1.47B | $2.78B | $1.55B | $1.48B | $1.44B | $1.57B | $1.48B | $1.43B |
| High Forecast | $2.06B | $1.88B | $1.87B | $1.84B | $1.97B | $1.78B | $1.79B | $1.76B | $1.85B | $1.71B | $1.68B | $2.24B | $1.77B | $1.65B | $1.59B | $2.04B | $4.99B | $1.53B | $1.52B | $1.85B | $1.50B | $1.50B | $1.47B | $3.33B | $1.55B | $1.48B | $1.44B | $1.89B | $1.48B | $1.43B |
| Low Forecast | $2.00B | $1.83B | $1.82B | $1.79B | $1.91B | $1.73B | $1.74B | $1.71B | $1.80B | $1.71B | $1.68B | $1.49B | $1.74B | $1.57B | $1.55B | $1.36B | $3.33B | $1.53B | $1.52B | $1.23B | $1.50B | $1.50B | $1.47B | $2.22B | $1.55B | $1.48B | $1.44B | $1.26B | $1.48B | $1.43B |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.62% | 0.84% | 0.71% | 1.01% | 1.06% | 1.02% | 2.53% | 1.15% | 1.19% | 1.25% | 0.52% | 1.11% | 1.15% | 0.94% | -0.11% | 1.00% |
5 analysts predict NOC's average Quarter EBITDA for Dec 23 to be $1.75B, with a high of $1.77B and a low of $1.74B. This is 11.14% upper than Northrop Grumman's previous annual EBITDA (Sep 23) of $1.58B.
Northrop Grumman Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 12 | 6 | 4 | 4 | 5 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 9 | 9 | 9 | 13 | 13 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $937.00M | $812.00M | $842.00M | $2.08B | $915.00M | $946.00M | $955.00M | $2.71B | $1.06B | $1.04B | $2.19B | $330.00M | $986.00M | $1.00B | $868.00M | $-409.00M | $933.00M |
| Avg Forecast | $1.19B | $1.07B | $1.04B | $1.03B | $1.13B | $1.02B | $995.06M | $963.41M | $928.10M | $891.22M | $868.36M | $1.13B | $850.23M | $851.54M | $780.29M | $1.03B | $2.96B | $902.75M | $901.39M | $932.57M | $880.31M | $884.88M | $861.89M | $1.76B | $850.57M | $830.57M | $789.36M | $924.71M | $705.00M | $705.05M |
| High Forecast | $1.21B | $1.09B | $1.06B | $1.05B | $1.15B | $1.04B | $1.01B | $981.25M | $954.66M | $893.22M | $868.39M | $1.35B | $869.45M | $880.85M | $795.13M | $1.23B | $3.55B | $902.75M | $901.39M | $1.12B | $880.31M | $884.88M | $861.89M | $2.11B | $850.57M | $830.57M | $789.36M | $1.11B | $705.00M | $705.05M |
| Low Forecast | $1.17B | $1.05B | $1.02B | $1.01B | $1.11B | $997.45M | $975.96M | $954.49M | $894.16M | $889.21M | $868.33M | $902.72M | $835.44M | $809.04M | $765.30M | $820.66M | $2.37B | $902.75M | $901.39M | $746.05M | $880.31M | $884.88M | $861.89M | $1.41B | $850.57M | $830.57M | $789.36M | $739.77M | $705.00M | $705.05M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.04% | 0.82% | 0.70% | 1.01% | 1.05% | 1.02% | 3.08% | 1.20% | 1.20% | 1.25% | 0.39% | 1.19% | 1.27% | 0.94% | -0.58% | 1.32% |
Northrop Grumman's average Quarter net income forecast for Dec 23 is $850.23M, with a range of $835.44M to $869.45M. NOC's average Quarter net income forecast represents a -9.26% decrease compared to the company's last Quarter net income of $937.00M (Sep 23).
Northrop Grumman SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 12 | 6 | 4 | 4 | 5 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 9 | 9 | 9 | 13 | 13 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.02B | $1.07B | $1.04B | $918.00M | $974.00M | $1.00B | $976.00M | $809.00M | $891.00M | $999.00M | $898.00M | $938.00M | $855.00M | $832.00M | $788.00M | $970.00M | $776.00M |
| Avg Forecast | $1.21B | $1.10B | $1.10B | $1.08B | $1.15B | $1.04B | $1.05B | $1.03B | $1.09B | $1.02B | $999.30M | $1.15B | $1.04B | $955.82M | $933.38M | $1.05B | $883.93M | $910.58M | $905.01M | $953.07M | $897.43M | $892.46M | $874.77M | $719.38M | $924.61M | $884.12M | $860.52M | $839.48M | $882.37M | $854.46M |
| High Forecast | $1.22B | $1.12B | $1.11B | $1.09B | $1.17B | $1.06B | $1.06B | $1.05B | $1.10B | $1.02B | $999.30M | $1.38B | $1.05B | $978.53M | $947.03M | $1.26B | $1.06B | $910.58M | $905.01M | $1.14B | $897.43M | $892.46M | $874.77M | $863.26M | $924.61M | $884.12M | $860.52M | $1.01B | $882.37M | $854.46M |
| Low Forecast | $1.19B | $1.09B | $1.08B | $1.06B | $1.13B | $1.03B | $1.03B | $1.02B | $1.07B | $1.02B | $999.30M | $922.58M | $1.03B | $935.04M | $919.59M | $838.70M | $707.14M | $910.58M | $905.01M | $762.46M | $897.43M | $892.46M | $874.77M | $575.51M | $924.61M | $884.12M | $860.52M | $671.59M | $882.37M | $854.46M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.15% | 0.99% | 1.04% | 1.07% | 1.11% | 1.02% | 0.90% | 1.00% | 1.14% | 1.25% | 1.01% | 0.97% | 0.97% | 0.94% | 1.10% | 0.91% |
Northrop Grumman's average Quarter SG&A projection for Dec 23 is $1.04B, based on 5 Wall Street analysts, with a range of $1.03B to $1.05B. The forecast indicates a 1.54% rise compared to NOC last annual SG&A of $1.02B (Sep 23).
Northrop Grumman EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 12 | 6 | 4 | 4 | 5 | 17 | 8 | 8 | 7 | 7 | 12 | 7 | 14 | 8 | 9 | 15 | 10 | 9 | 9 | 9 | 13 | 13 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.20 | $5.35 | $5.52 | $13.37 | $5.92 | $6.09 | $6.12 | $16.96 | $6.65 | $6.44 | $13.46 | $1.98 | $5.91 | $6.02 | $5.18 | $-2.44 | $5.52 |
| Avg Forecast | $8.14 | $7.31 | $7.13 | $7.01 | $7.71 | $6.94 | $6.79 | $6.58 | $6.34 | $6.08 | $5.93 | $5.78 | $5.80 | $5.81 | $5.33 | $5.10 | $6.63 | $6.11 | $6.10 | $5.96 | $5.96 | $5.99 | $5.84 | $5.48 | $5.76 | $5.62 | $5.34 | $5.51 | $4.77 | $4.77 |
| High Forecast | $8.29 | $7.45 | $7.26 | $7.14 | $7.85 | $7.07 | $6.92 | $6.70 | $6.52 | $6.10 | $5.93 | $5.78 | $5.93 | $6.01 | $5.43 | $5.19 | $6.75 | $6.11 | $6.10 | $5.96 | $5.96 | $5.99 | $5.84 | $5.48 | $5.76 | $5.62 | $5.34 | $5.51 | $4.77 | $4.77 |
| Low Forecast | $7.98 | $7.17 | $6.99 | $6.87 | $7.56 | $6.81 | $6.66 | $6.52 | $6.10 | $6.07 | $5.93 | $5.78 | $5.70 | $5.52 | $5.22 | $5.00 | $6.50 | $6.11 | $6.10 | $5.96 | $5.96 | $5.99 | $5.84 | $5.48 | $5.76 | $5.62 | $5.34 | $5.51 | $4.77 | $4.77 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.00% | 1.08% | 2.02% | 0.97% | 1.00% | 1.03% | 2.85% | 1.11% | 1.10% | 2.46% | 0.34% | 1.05% | 1.13% | 0.94% | -0.51% | 1.16% |
According to 5 Wall Street analysts, Northrop Grumman's projected average Quarter EPS for Dec 23 is $5.80, with a low estimate of $5.70 and a high estimate of $5.93. This represents a -6.39% decrease compared to NOC previous annual EPS of $6.20 (Sep 23).
Northrop Grumman Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BA | Boeing Company | $145.60 | $201.42 | 38.34% | Buy |
| HII | Huntington Ingalls Industries | $191.61 | $244.83 | 27.78% | Hold |
| HXL | Hexcel | $58.78 | $67.62 | 15.04% | Hold |
| GD | General Dynamics | $280.96 | $302.14 | 7.54% | Buy |
| LHX | L3Harris | $243.58 | $253.76 | 4.18% | Buy |
| NOC | Northrop Grumman | $491.02 | $503.44 | 2.53% | Hold |
| LMT | Lockheed Martin | $533.26 | $536.06 | 0.53% | Buy |
| RTX | RTX | $118.96 | $118.40 | -0.47% | Hold |
| CW | Curtiss-Wright | $361.84 | $327.20 | -9.57% | Buy |