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Northrop Grumman (NOC) Stock Forecast, Price Target & Predictions

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NOC Stock Forecast

Northrop Grumman stock forecast is as follows: an average price target of $548.70 (represents a 17.33% upside from NOC’s last price of $467.66) 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 $548.70 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 $470.57. This represents a potential 17.33% upside from NOC's last price of $467.66.

NOC Analyst Ratings

Hold

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 30, 2024Sheila KahyaogluJefferies$550.00$504.059.12%17.61%
Oct 29, 2024David StraussBarclays$550.00$512.157.39%17.61%
Oct 11, 2024Douglas HarnedBernstein$565.00$527.097.19%20.81%
Oct 10, 2024Jason GurskyCitigroup$587.00$532.2310.29%25.52%
Sep 26, 2024Kristine LiwagMorgan Stanley$592.00$528.1112.10%26.59%
Jul 26, 2024Peter ArmentRobert W. Baird$470.57$470.57-0.62%
Jul 26, 2024Ken HerbertRBC Capital$500.00$483.433.43%6.92%
Jul 26, 2024Scott DeuschleDeutsche Bank$575.00$482.3019.22%22.95%
Jun 20, 2024Scott DeuschleDeutsche Bank$474.00$425.8311.31%1.36%
Jun 06, 2024Sheila KahyaogluJefferies$500.00$444.7812.42%6.92%
Apr 30, 2024Matthew AkersWells Fargo$518.00$485.036.80%10.76%
Jan 25, 2024Peter ArmentRobert W. Baird$505.00$463.928.85%7.98%
Jan 25, 2024Seth SeifmanJ.P. Morgan$435.00$463.92-6.23%-6.98%
Jan 25, 2024Scott DeuschleDeutsche Bank$473.00$463.921.96%1.14%
Jan 25, 2024Myles WaltonWolfe Research$450.00$463.92-3.00%-3.78%
Feb 06, 2023Credit Suisse$490.00$440.6411.20%4.78%
Jan 13, 2023Goldman Sachs$375.00$487.98-23.15%-19.81%
Jan 12, 2023Credit Suisse$540.00$489.6010.29%15.47%
Dec 15, 2022Morgan Stanley$626.00$528.4918.45%33.86%
Dec 08, 2022Citigroup$544.00$543.200.15%16.32%
Apr 29, 2022Wells Fargo$482.00$441.749.12%3.07%
Mar 14, 2022Matthew AkersWells Fargo$472.00$441.426.93%0.93%
Sep 23, 2021Noah PoponakGoldman Sachs$350.00$348.000.57%-25.16%
Jul 19, 2021Richard SafranSeaport Global$419.00$350.5519.53%-10.40%
Jun 03, 2021Joseph DeNardiStifel Nicolaus$475.00$361.9131.25%1.57%
Apr 13, 2021Robert SpingarnCredit Suisse$388.00$332.9516.53%-17.03%

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 17.61% increase from NOC last price ($467.66).

Northrop Grumman Price Target by Period

1M3M12M
# Anlaysts-515
Avg Price Target-$568.80$516.30
Last Closing Price$467.66$467.66$467.66
Upside/Downside-100.00%21.63%10.40%

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 $467.66. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 30, 2024JefferiesHoldHoldHold
Oct 29, 2024BarclaysEqual-WeightEqual-WeightHold
Oct 11, 2024BernsteinMarket PerformMarket PerformHold
Oct 10, 2024CitigroupNeutralNeutralHold
Sep 03, 2024Seaport GlobalBuyBuyHold
Aug 27, 2024Alembic GlobalOverweightNeutralDowngrade
Aug 09, 2024Morgan StanleyOverweightOverweightHold
Jul 30, 2024BarclaysEqual-WeightEqual-WeightHold
Jul 29, 2024Cowen & Co.HoldHoldHold
Jul 26, 2024RBC CapitalSector PerformSector PerformHold
Jul 26, 2024UBSBuyBuyHold
Jul 26, 2024Deutsche BankHoldBuyUpgrade
Jun 25, 2024BTIGBuyInitialise
Jun 21, 2024BernsteinMarket PerformDowngrade
Jun 20, 2024Deutsche BankHoldHoldHold
Jun 06, 2024JefferiesHoldHoldHold
Apr 30, 2024Wells FargoEqual-WeightEqual-WeightHold
Apr 22, 2024Alembic GlobalOverweightUpgrade
Jan 26, 2024RBC CapitalSector PerformDowngrade
Jan 25, 2024Wells FargoEqual-WeightEqual-WeightHold
Jan 25, 2024Wolfe ResearchUnderperformDowngrade
Jan 15, 2023Goldman SachsReduceDowngrade
Jan 12, 2023Credit SuisseOutperformOutperformHold
Dec 15, 2022Morgan StanleyOverweightOverweightHold
Dec 08, 2022CitigroupNeutralInitialise
Oct 12, 2022Credit SuisseMixedInitialise
Apr 29, 2022Wells FargoEqual-WeightEqual-WeightHold
Jan 10, 2022Wells FargoEqual-WeightUpgrade

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 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$10.96B$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$12.29B$11.25B$11.19B$11.00B$11.74B$10.65B$10.69B$10.49B$11.01B$10.19B$10.02B$9.77B$10.54B$9.81B$9.52B$9.34B$9.83B$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$11.93B$10.92B$10.85B$10.68B$11.39B$10.33B$10.38B$10.19B$10.89B$10.18B$10.02B$9.77B$10.34B$9.37B$9.24B$9.06B$9.54B$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
# Analysts33454527126445178877127148915109991313
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527126445178877127148915109991313
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$1.89B$1.88B$1.85B$1.97B$1.79B$1.79B$1.76B$1.85B$1.71B$1.68B$2.24B$1.77B$1.65B$1.60B$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$1.83B$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527126445178877127148915109991313
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$997.26M$965.49M$928.39M$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$1.22B$1.09B$1.07B$1.05B$1.15B$1.04B$1.02B$983.37M$958.01M$893.22M$868.39M$1.35B$869.45M$880.85M$797.71M$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$1.03B$1.01B$1.11B$1.00B$980.49M$956.55M$897.30M$889.21M$868.33M$902.72M$835.44M$809.04M$767.17M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527126445178877127148915109991313
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$1.23B$1.12B$1.12B$1.10B$1.17B$1.06B$1.07B$1.05B$1.10B$1.02B$999.30M$1.38B$1.05B$978.53M$949.41M$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$1.14B$1.03B$1.04B$1.02B$1.09B$1.02B$999.30M$922.58M$1.03B$935.04M$921.30M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts33454527126445178877127148915109991313
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$7.69$6.98$6.81$6.59$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$8.32$7.47$7.29$7.17$7.87$7.13$6.96$6.71$6.54$6.10$5.93$5.78$5.93$6.01$5.45$5.21$6.77$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$8.00$7.19$7.01$6.89$7.56$6.86$6.69$6.53$6.12$6.07$5.93$5.78$5.70$5.52$5.24$5.01$6.52$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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
HIIHuntington Ingalls Industries$193.49$244.8326.53%Hold
GDGeneral Dynamics$265.22$334.0025.93%Buy
LHXL3Harris$218.45$274.5725.69%Buy
LMTLockheed Martin$490.61$603.1122.93%Buy
NOCNorthrop Grumman$480.29$548.7014.24%Hold
RTXRTX$117.42$131.6012.08%Hold
BABoeing Company$173.03$191.3110.56%Buy
HXLHexcel$63.60$69.869.84%Hold
CWCurtiss-Wright$364.49$328.67-9.83%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 $548.7 with a range of $470.57 to $592, implying a 17.33% from its last price of $467.66. 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 up by 17.33% (from the last price of $467.66 to the average price target of $548.7), up by 26.59% based on the highest stock price target, and up by 0.62% based on the lowest stock price target.

Can Northrop Grumman stock reach $700?

NOC's average twelve months analyst stock price target of $548.7 does not support the claim that Northrop Grumman can reach $700 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 $42.83B (high $43.57B, low $42.29B), average EBITDA is $7.19B (high $7.32B, low $7.1B), average net income is $4.11B (high $4.2B, low $4.05B), average SG&A $4.27B (high $4.35B, low $4.22B), and average EPS is $28.07 (high $28.67, low $27.65). NOC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $44.96B (high $45.73B, low $44.38B), average EBITDA is $7.55B (high $7.68B, low $7.45B), average net income is $4.33B (high $4.43B, low $4.26B), average SG&A $4.48B (high $4.56B, low $4.43B), and average EPS is $29.58 (high $30.24, low $29.08).

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 $6.63B by -61.72%. The company's net income was $2.06B, missing the average estimation of $3.51B by -41.39%. 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 $1.61B by -2.02%. Northrop Grumman's net income was $937M, beating the average estimation of $851.54M by 10.04%. 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%