Northrop Grumman (NOC) Stock Forecast, Price Target & Predictions
NOC Stock Forecast
Northrop Grumman stock forecast is as follows: an average price target of $490.58 (represents a -5.62% downside from NOC’s last price of $519.78) 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 $490.58 based on 1-year price targets from 15 Wall Street analysts in the past 3 months, with a price target range of $626.00 to $375.00. This represents a potential -5.62% downside from NOC's last price of $519.78.
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 |
|---|---|---|---|---|---|---|
| Jul 26, 2024 | Peter Arment | Robert W. Baird | $470.57 | $470.57 | - | -9.47% |
| Jul 26, 2024 | Ken Herbert | RBC Capital | $500.00 | $483.43 | 3.43% | -3.81% |
| Jul 26, 2024 | Scott Deuschle | Deutsche Bank | $575.00 | $482.30 | 19.22% | 10.62% |
| Jun 20, 2024 | Scott Deuschle | Deutsche Bank | $474.00 | $425.83 | 11.31% | -8.81% |
| Jun 06, 2024 | Sheila Kahyaoglu | Jefferies | $500.00 | $444.78 | 12.42% | -3.81% |
| Apr 30, 2024 | Matthew Akers | Wells Fargo | $518.00 | $485.03 | 6.80% | -0.34% |
| Jan 25, 2024 | Myles Walton | Wolfe Research | $450.00 | $463.92 | -3.00% | -13.42% |
| Jan 25, 2024 | Scott Deuschle | Deutsche Bank | $473.00 | $463.92 | 1.96% | -9.00% |
| Jan 25, 2024 | Peter Arment | Robert W. Baird | $505.00 | $463.92 | 8.85% | -2.84% |
| Jan 25, 2024 | Seth Seifman | J.P. Morgan | $435.00 | $463.92 | -6.23% | -16.31% |
The latest Northrop Grumman stock forecast, released on Jul 26, 2024 by Peter Arment from Robert W. Baird, set a price target of $470.57, which represents a 0.00% decrease from the stock price at the time of the forecast ($470.57), and a -9.47% decrease from NOC last price ($519.78).
Northrop Grumman Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 4 | 10 |
| Avg Price Target | - | $504.89 | $490.06 |
| Last Closing Price | $519.78 | $519.78 | $519.78 |
| Upside/Downside | -100.00% | -2.86% | -5.72% |
In the current month, the average price target of Northrop Grumman stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Northrop Grumman's last price of $519.78. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 |
| Jul 26, 2024 | UBS | Buy | Buy | Hold |
| Jul 26, 2024 | Deutsche Bank | Hold | Buy | Upgrade |
| Jun 25, 2024 | BTIG | - | Buy | Initialise |
| Jun 21, 2024 | Bernstein | - | Market Perform | Downgrade |
Northrop Grumman's last stock rating was published by Seaport Global on Sep 03, 2024. The company gave NOC a "Buy" 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 | Jul 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 | $8.64B | $8.72B | $9.15B | $9.16B | $10.21B | $9.08B | $8.88B | $8.62B | $8.72B | $8.47B |
| Avg Forecast | $12.06B | $11.32B | $11.07B | $10.83B | $11.35B | $10.73B | $10.53B | $10.37B | $10.84B | $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 | $12.36B | $11.60B | $11.34B | $11.10B | $11.63B | $10.99B | $10.79B | $10.62B | $11.10B | $10.26B | $10.26B | $10.00B | $10.54B | $9.81B | $9.59B | $9.40B | $9.90B | $9.35B | $9.07B | $8.98B | $9.10B | $9.05B | $8.87B | $8.63B | $9.38B | $8.97B | $8.73B | $8.62B | $8.95B | $8.67B |
| Low Forecast | $11.76B | $11.03B | $10.79B | $10.56B | $11.07B | $10.46B | $10.27B | $10.11B | $10.56B | $10.06B | $9.76B | $9.52B | $10.34B | $9.37B | $9.12B | $8.95B | $9.42B | $8.90B | $9.07B | $8.78B | $8.90B | $8.85B | $8.68B | $8.44B | $9.17B | $8.77B | $8.54B | $8.44B | $8.75B | $8.48B |
| # Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 5 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.02% | 1.02% | 1.01% | 1.04% | 0.98% | - | 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 5 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.58B | $967.00M | $1.43B | $2.95B | $1.54B | - | $1.58B | $3.81B | $1.72B | $1.74B | $3.46B | $810.00M | $1.64B | $1.67B | $1.48B | $-158.00M | $1.44B |
| Avg Forecast | $2.02B | $1.89B | $1.85B | $1.81B | $1.90B | $1.79B | $1.76B | $1.73B | $1.81B | $1.70B | $1.67B | $1.87B | $1.74B | $1.60B | $1.56B | $1.70B | $1.62B | $1.69B | $1.52B | $1.54B | $3.78B | $1.54B | $1.54B | $2.78B | $693.28M | $1.56B | $1.45B | $1.57B | $-130.18M | $1.22B |
| High Forecast | $2.07B | $1.94B | $1.90B | $1.85B | $1.94B | $1.84B | $1.80B | $1.78B | $1.86B | $1.71B | $1.72B | $2.24B | $1.76B | $1.64B | $1.60B | $2.04B | $1.66B | $2.03B | $1.52B | $1.85B | $4.54B | $1.84B | $1.84B | $3.33B | $831.94M | $1.87B | $1.74B | $1.89B | $-104.14M | $1.46B |
| Low Forecast | $1.97B | $1.84B | $1.80B | $1.76B | $1.85B | $1.75B | $1.72B | $1.69B | $1.77B | $1.68B | $1.63B | $1.49B | $1.73B | $1.57B | $1.52B | $1.36B | $1.57B | $1.35B | $1.52B | $1.23B | $3.03B | $1.23B | $1.23B | $2.22B | $554.63M | $1.25B | $1.16B | $1.26B | $-156.21M | $975.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.62% | 0.84% | 1.83% | 0.91% | - | 1.02% | 1.01% | 1.12% | 1.13% | 1.25% | 1.17% | 1.05% | 1.15% | 0.94% | 1.21% | 1.18% |
5 analysts predict NOC's average Quarter EBITDA for Dec 23 to be $1.74B, with a high of $1.76B and a low of $1.73B. This is 10.66% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 5 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $937.00M | $812.00M | $842.00M | $2.08B | $915.00M | - | $955.00M | $2.71B | $1.06B | $1.04B | $2.19B | $330.00M | $986.00M | $1.00B | $868.00M | $-409.00M | $933.00M |
| Avg Forecast | $1.18B | $1.09B | $1.05B | $1.03B | $1.12B | $1.03B | $992.41M | $971.21M | $955.13M | $896.10M | $875.48M | $1.13B | $857.19M | $858.52M | $786.68M | $1.03B | $978.76M | $1.04B | $911.15M | $932.57M | $2.69B | $949.42M | $916.17M | $1.76B | $282.45M | $938.63M | $874.65M | $924.71M | $-336.97M | $792.17M |
| High Forecast | $1.22B | $1.13B | $1.09B | $1.06B | $1.16B | $1.06B | $1.02B | $1.00B | $985.57M | $924.25M | $903.38M | $1.35B | $876.57M | $888.07M | $811.75M | $1.23B | $1.01B | $1.25B | $911.15M | $1.12B | $3.23B | $1.14B | $1.10B | $2.11B | $338.94M | $1.13B | $1.05B | $1.11B | $-269.58M | $950.60M |
| Low Forecast | $1.14B | $1.06B | $1.02B | $993.44M | $1.08B | $994.92M | $959.80M | $939.30M | $923.74M | $878.33M | $846.71M | $902.72M | $842.29M | $815.66M | $760.83M | $820.66M | $946.60M | $835.49M | $911.15M | $746.05M | $2.15B | $759.54M | $732.93M | $1.41B | $225.96M | $750.90M | $699.72M | $739.77M | $-404.37M | $633.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.09% | 1.03% | 0.82% | 2.13% | 0.88% | - | 1.02% | 1.01% | 1.12% | 1.13% | 1.25% | 1.17% | 1.05% | 1.15% | 0.94% | 1.21% | 1.18% |
Northrop Grumman's average Quarter net income forecast for Dec 23 is $857.19M, with a range of $842.29M to $876.57M. NOC's average Quarter net income forecast represents a -8.52% 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 5 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.02B | $1.07B | $1.04B | $918.00M | $974.00M | - | $976.00M | $809.00M | $891.00M | $999.00M | $898.00M | $938.00M | $855.00M | $832.00M | $788.00M | $970.00M | $776.00M |
| Avg Forecast | $1.20B | $1.13B | $1.10B | $1.08B | $1.13B | $1.07B | $1.05B | $1.03B | $1.08B | $1.02B | $999.30M | $1.15B | $1.04B | $955.82M | $933.38M | $1.05B | $964.21M | $875.38M | $905.01M | $953.07M | $803.57M | $795.80M | $882.59M | $719.38M | $802.84M | $813.92M | $724.09M | $839.48M | $799.18M | $658.87M |
| High Forecast | $1.23B | $1.16B | $1.13B | $1.11B | $1.16B | $1.10B | $1.08B | $1.06B | $1.11B | $1.02B | $1.02B | $1.38B | $1.05B | $978.53M | $956.26M | $1.26B | $987.84M | $1.05B | $905.01M | $1.14B | $964.28M | $954.96M | $1.06B | $863.26M | $963.40M | $976.71M | $868.91M | $1.01B | $959.02M | $790.64M |
| Low Forecast | $1.17B | $1.10B | $1.08B | $1.05B | $1.10B | $1.04B | $1.02B | $1.01B | $1.05B | $1.00B | $974.04M | $922.58M | $1.03B | $935.04M | $909.78M | $838.70M | $939.83M | $700.31M | $905.01M | $762.46M | $642.86M | $636.64M | $706.08M | $575.51M | $642.27M | $651.14M | $579.27M | $671.59M | $639.35M | $527.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.15% | 0.99% | 0.95% | 1.11% | - | 1.02% | 1.01% | 1.12% | 1.13% | 1.25% | 1.17% | 1.05% | 1.15% | 0.94% | 1.21% | 1.18% |
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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 6 | 12 | 6 | 4 | 5 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.20 | $5.35 | $5.52 | $13.37 | $5.92 | - | $6.12 | $16.96 | $6.65 | $6.44 | $13.46 | $1.98 | $5.91 | $6.02 | $5.18 | $-2.44 | $5.52 |
| Avg Forecast | $8.01 | $7.41 | $7.12 | $6.95 | $7.58 | $6.96 | $6.72 | $6.58 | $6.47 | $6.07 | $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 | $8.26 | $7.64 | $7.35 | $7.18 | $7.83 | $7.19 | $6.93 | $6.79 | $6.67 | $6.26 | $6.12 | $5.96 | $5.93 | $6.01 | $5.50 | $5.26 | $6.84 | $6.31 | $6.10 | $6.05 | $6.05 | $6.08 | $5.92 | $5.56 | $5.85 | $5.71 | $5.43 | $5.59 | $4.85 | $4.85 |
| Low Forecast | $7.75 | $7.16 | $6.89 | $6.73 | $7.34 | $6.74 | $6.50 | $6.36 | $6.25 | $5.95 | $5.73 | $5.59 | $5.70 | $5.52 | $5.15 | $4.93 | $6.41 | $5.91 | $6.10 | $5.88 | $5.88 | $5.91 | $5.76 | $5.41 | $5.68 | $5.55 | $5.27 | $5.43 | $4.71 | $4.71 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.00% | 1.08% | 2.02% | 0.97% | - | 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 | $156.77 | $205.35 | 30.99% | Buy |
| HXL | Hexcel | $60.84 | $69.82 | 14.76% | Hold |
| LHX | L3Harris | $229.77 | $245.80 | 6.98% | Buy |
| CW | Curtiss-Wright | $309.95 | $310.00 | 0.02% | Buy |
| GD | General Dynamics | $304.80 | $301.14 | -1.20% | Buy |
| NOC | Northrop Grumman | $519.78 | $490.58 | -5.62% | Hold |
| HII | Huntington Ingalls Industries | $261.55 | $244.83 | -6.39% | Hold |
| RTX | RTX | $119.12 | $108.65 | -8.79% | Buy |
| LMT | Lockheed Martin | $569.91 | $512.22 | -10.12% | Buy |
NOC Forecast FAQ
Is Northrop Grumman a good buy?
No, according to 15 Wall Street analysts, Northrop Grumman (NOC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 40.00% of NOC's total ratings.
What is NOC's price target?
Northrop Grumman (NOC) average price target is $490.58 with a range of $375 to $626, implying a -5.62% from its last price of $519.78. The data is based on 15 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Northrop Grumman stock go up soon?
According to Wall Street analysts' prediction for NOC stock, the company can go down by -5.62% (from the last price of $519.78 to the average price target of $490.58), up by 20.44% based on the highest stock price target, and down by -27.85% based on the lowest stock price target.
Can Northrop Grumman stock reach $800?
NOC's average twelve months analyst stock price target of $490.58 does not support the claim that Northrop Grumman can reach $800 in the near future.
What are Northrop Grumman's analysts' financial forecasts?
Northrop Grumman's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $42.98B (high $44.04B, low $41.9B), average EBITDA is $7.19B (high $7.36B, low $7B), average net income is $4.11B (high $4.24B, low $3.98B), average SG&A $4.29B (high $4.39B, low $4.18B), and average EPS is $27.84 (high $28.73, low $26.93). NOC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $45.29B (high $46.4B, low $44.14B), average EBITDA is $7.57B (high $7.76B, low $7.38B), average net income is $4.36B (high $4.49B, low $4.21B), average SG&A $4.52B (high $4.63B, low $4.4B), and average EPS is $29.49 (high $30.43, low $28.52).
Did the NOC's actual financial results beat the analysts' financial forecasts?
Based on Northrop Grumman's last annual report (Dec 2023), the company's revenue was $39.29B, beating the average analysts forecast of $38.55B by 1.92%. Apple's EBITDA was $2.54B, missing the average prediction of $6.61B by -61.60%. The company's net income was $2.06B, missing the average estimation of $3.53B by -41.73%. Apple's SG&A was $4.01B, beating the average forecast of $3.98B by 0.90%. Lastly, the company's EPS was $13.57, missing the average prediction of $22.04 by -38.42%. In terms of the last quarterly report (Sep 2023), Northrop Grumman's revenue was $9.78B, beating the average analysts' forecast of $9.58B by 2.02%. The company's EBITDA was $1.58B, missing the average prediction of $1.6B by -1.60%. Northrop Grumman's net income was $937M, beating the average estimation of $858.52M by 9.14%. The company's SG&A was $1.02B, beating the average forecast of $955.82M by 7.24%. Lastly, the company's EPS was $6.2, beating the average prediction of $5.81 by 6.67%