Northrop Grumman Corporation (NOC)
| Market Cap | 78.01B -2.9% |
| Revenue (ttm) | 43.59B +6.5% |
| Net Income | 4.52B +12.5% |
| EPS | 31.71 +14.0% |
| Shares Out | 142.06M |
| PE Ratio | 17.32 |
| Forward PE | 18.62 |
| Dividend | $9.88 (1.80%) |
| Ex-Dividend Date | Aug 31, 2026 |
| Volume | 724,080 |
| Open | 555.11 |
| Previous Close | 550.96 |
| Day's Range | 543.86 - 558.00 |
| 52-Week Range | 470.06 - 774.00 |
| Beta | -0.14 |
| Analysts | Buy |
| Price Target | 635.25 (+15.68%) |
| Earnings Date | Oct 20, 2026 |
About NOC
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic, surveillance and reconnaissance systems; and strategic long-ran... [Read more]
Financial Performance
In 2025, Northrop Grumman's revenue was $41.95 billion, an increase of 2.24% compared to the previous year's $41.03 billion. Earnings were $4.18 billion, an increase of 0.19%.
Financial StatementsAnalyst Summary
According to 26 analysts, the average rating for NOC stock is "Buy." The 12-month stock price target is $635.25, which is an increase of 15.68% from the latest price.
News
Northrop Grumman Transcript: Baird 2026 Global Industrial Conference
Record backlog and broad defense demand support accelerating growth, margin expansion and strong cash generation through 2027–28. Munitions, space, strategic programs and commercial microelectronics and quantum are key growth vectors.
Defense firms fall as Democratic victory stokes fears of tighter Pentagon budget
US defense shares fell on Wednesday as the Democrats' resounding midterm election victory stoked concerns about increased pressure on the Pentagon's spending plans.
Northrop Grumman to Participate in the Baird 2026 Global Industrial Conference
FALLS CHURCH, Va., Nov. 04, 2026 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) will participate in the Baird 2026 Global Industrial Conference on Wednesday, November 11.
Tech's Next Big Bet Is Defense. What That Means for Lockheed and Its Peers.
Traditional defense contractors' next big competitor could be Alphabet.
Palantir (PLTR) or Northrop Grumman (NOC): Which Defense Stock Offers More Upside?
Palantir ($PLTR) and Northrop Grumman ($NOC) offer two different ways to invest in defense stocks. However, one offers more analyst upside compared to the other. Defense stocks are no longer…
Meghan Welch's Bull Case in Defense & Aerospace as U.S.-Iran War Lingers
A continuation of defense spending, paired with the U.S.-Iran conflict, is something Meghan Welch of BGL sees accelerating momentum for defense-tied companies. She explains how the evolving military a...
Northrop Grumman price target raised to $590 from $556 at Bernstein
Bernstein raised the firm’s price target on Northrop Grumman (NOC) to $590 from $556 and keeps a Market Perform rating on the shares after its Q3 earnings beat last week.
Northrop Grumman price target raised to $605 from $600 at JPMorgan
JPMorgan analyst Seth Seifman raised the firm’s price target on Northrop Grumman (NOC) to $605 from $600 and keeps a Neutral rating on the shares.
Northrop Grumman price target raised to $585 from $580 at Jefferies
Jefferies raised the firm’s price target on Northrop Grumman (NOC) to $585 from $580 and keeps a Hold rating on the shares following the Q3 earnings report. The company’s growth…
Northrop Grumman price target raised to $430 from $419 at Barclays
Barclays analyst Anthony Valentini raised the firm’s price target on Northrop Grumman (NOC) to $430 from $419 and keeps an Underweight rating on the shares. The company faced a low…
Northrop Grumman price target raised to $550 from $525 at RBC Capital
RBC Capital raised the firm’s price target on Northrop Grumman (NOC) to $550 from $525 and keeps a Sector Perform rating on the shares after its Q3 earnings beat. Total…
Northrop Grumman price target raised to $698 from $694 at UBS
UBS raised the firm’s price target on Northrop Grumman (NOC) to $698 from $694 and keeps a Buy rating on the shares. Northrop Grumman posted a “clean” quarter, with acceleration…
Northrop Grumman price target raised to $765 from $745 at Morgan Stanley
Morgan Stanley analyst Kristine Liwag raised the firm’s price target on Northrop Grumman (NOC) to $765 from $745 and keeps an Overweight rating on the shares.
Northrop Grumman price target raised to $640 from $612 at Guggenheim
Guggenheim raised the firm’s price target on Northrop Grumman (NOC) to $640 from $612 and keeps a Buy rating on the shares. Though management held its 2026 revenue outlook, it…
Northrop Grumman upgraded to Outperform from Neutral at Baird
Baird upgraded Northrop Grumman (NOC) to Outperform from Neutral with a price target of $675, up from $550. The company reported a “beat and raise” in Q3 and offered bullish…
Northrop Grumman Earnings Call Transcript: Q3 2026
Q3 sales rose 7% and backlog reached a record $110B, prompting higher 2026 earnings guidance. 2027 sales growth is projected at 5%–7%, with further acceleration expected in 2028 and beyond.
Northrop Grumman Earnings release: Q3 2026
Northrop Grumman released its Q3 2026 earnings on October 20, 2026, summarizing the period's financial results.
Northrop Grumman Slides: Q3 2026
Northrop Grumman has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on October 20, 2026.
Northrop Grumman Quarterly report: Q3 2026
Northrop Grumman has published its Q3 2026 quarterly earnings report on October 20, 2026.
Defense Stocks RTX and NOC Rise on Q3 Beat, Record Backlogs, and Profit Forecast Raise
Shares of defense companies RTX Corporation ($RTX) and Northrop Grumman ($NOC) rose on Tuesday morning, with NOC jumping 6% to $540. This followed both firms surpassing or matching Wall Street…
Northrop Grumman Raises Outlook on Higher Earnings, Sales
Northrop said the quarter reflected strong demand for its global capabilities as the company had gains across all its units: aeronautics sales rose 14%, while defense sales increased 12% and its missi...
Northrop Grumman's 2027 Earnings Outlook Calls for More Growth
Northrop Grumman reports third-quarter earnings per share of $7.89 from sales of $11.1 billion. Wall Street was looking for earnings per share of $7.19 from sales of $11.2 billion.
Northrop Grumman reports backlog of $110B
Reports book to bill ratio of 1.5x; Net awards of $16B.
Northrop Grumman raises FY26 segment operating income view to $4.94B-$5.04B
Prior view was $4.85B-$5B.
Northrop Grumman reports Q3 EPS $7.89, consensus $7.18
Reports Q3 revenue $11.1B, consensus $11.12B. “In a complex world with the growing need for solutions that scale and perform, our customers continue to turn to Northrop Grumman (NOC), and…