Northrop Grumman Corporation (NOC)
| Market Cap | 78.46B -9.0% |
| Revenue (ttm) | 43.59B +6.5% |
| Net Income | 4.52B +12.5% |
| EPS | 31.71 +14.0% |
| Shares Out | 142.06M |
| PE Ratio | 17.42 |
| Forward PE | 18.77 |
| Dividend | $9.88 (1.79%) |
| Ex-Dividend Date | Aug 31, 2026 |
| Volume | 1,050,115 |
| Open | 544.99 |
| Previous Close | 539.31 |
| Day's Range | 543.03 - 556.17 |
| 52-Week Range | 470.06 - 774.00 |
| Beta | -0.11 |
| Analysts | Buy |
| Price Target | 619.08 (+12.09%) |
| 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 $619.08, which is an increase of 12.09% from the latest price.
News
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…
Northrop Grumman raises FY26 adjusted EPS to $29.35-$29.75 from $28.60-$29.10
FY26 consensus $28.98. Backs FY26 revenue view $43.75B-$44.25B, consensus $44.05B.
Northrop Grumman backs FY26 adjusted free cash flow view $3.1B-$3.5B
06:08 EDT Northrop Grumman (NOC) backs FY26 adjusted free cash flow view $3.1B-$3.5B
Northrop lifts 2026 profit forecast on strong defense demand, record backlog
Northrop Grumman raised its annual profit forecast on Tuesday after strong demand for military aircraft, missile and defense programs helped beat Wall Street estimates for third-quarter profit, and ...
Northrop Grumman Releases Third Quarter 2026 Financial Results
FALLS CHURCH, Va., Oct. 20, 2026 (GLOBE NEWSWIRE) -- Northrop Grumman Corporation (NYSE: NOC) has released its third quarter 2026 financial results. A copy of the earnings release has been furnished i...
Defense stocks plummet as investors worry possible Dem midterms win could thwart Trump's spending plans
Defense stocks have plummeted over the past few weeks as investors grow convinced Dems will emerge victorious in the midterm elections – potentially thwarting President Trump's plans for huge military...
Vertical Aerospace announces supplier agreements with ANH Structure, Northrop
Vertical Aerospace (EVTL) announced long-term supplier agreements with ANH Structure Co., a specialist in advanced aircraft seating systems, and Northrop Grumman LITEF GmbH (NOC), to supply key system...
Northrop Grumman participates in a conference call with BTIG
Aerospace & Defense Analyst Madrid holds a post earnings investor conference call on October 21 at 10 am hosted by BTIG.
Northrop Grumman price target lowered to $556 from $620 at Bernstein
Bernstein lowered the firm’s price target on Northrop Grumman (NOC) to $556 from $620 and keeps a Market Perform rating on the shares. The firm believes the Q3 setup for…
Three Defense Stocks That Could Benefit From Modern Warfare
A Redburn analyst sees opportunities for Lockheed Martin, Northrop Grumman, and Kratos as militaries invest in advanced weapons and lower-cost technology.