Northrop Grumman Corporation (NOC)
NYSE: NOC · Real-Time Price · USD
469.54
+2.41 (0.52%)
At close: Dec 20, 2024, 4:00 PM
471.36
+1.82 (0.39%)
After-hours: Dec 20, 2024, 7:05 PM EST

Northrop Grumman Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Northrop Grumman stock have an average target of 553, with a low estimate of 450 and a high estimate of 643. The average target predicts an increase of 17.77% from the current stock price of 469.54.

Analyst Consensus: Buy
Target Low Average Median High
Price $450 $553 $560 $643
Change -4.16% +17.77% +19.27% +36.94%

Analyst Ratings

The average analyst rating for NOC stock from 16 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 334444
Buy 222222
Hold 899999
Sell 111111
Strong Sell 000000
Total 141516161616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Hold
Maintains
$565$505
Hold Maintains $565$505 +7.55% Dec 11, 2024
Barclays
Barclays
Hold
Maintains
$500$550
Hold Maintains $500$550 +17.14% Oct 29, 2024
UBS
UBS
Strong Buy
Maintains
$614$643
Strong Buy Maintains $614$643 +36.94% Oct 25, 2024
RBC Capital
RBC Capital
Hold
Maintains
$500$540
Hold Maintains $500$540 +15.01% Oct 25, 2024
Susquehanna
Susquehanna
Buy
Maintains
$560$625
Buy Maintains $560$625 +33.11% Oct 25, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
41.72B
from 39.29B
Increased by 6.19%
Revenue Next Year
43.23B
from 41.72B
Increased by 3.62%
EPS This Year
26.27
from 13.53
Increased by 94.17%
EPS Next Year
28.30
from 26.27
Increased by 7.74%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
33.84B36.80B35.67B36.60B39.29B41.72B43.23B45.23B
Revenue Growth
12.45%8.74%-3.08%2.62%7.34%6.19%3.62%4.61%
EPS
13.2219.0343.5431.4713.5326.2728.3029.88
EPS Growth
-28.50%43.95%128.80%-27.72%-57.01%94.17%7.74%5.57%
Forward PE
-----17.8716.5915.71
No. Analysts -----272722
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 43.5B 45.5B 47.6B
Avg 41.7B 43.2B 45.2B
Low 40.3B 41.5B 42.9B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.6%
9.1%
10.0%
Avg
6.2%
3.6%
4.6%
Low
2.6%
-0.5%
-0.7%

EPS Forecast

EPS 20242025202620272028
High 27.55 30.71 32.71
Avg 26.27 28.30 29.88
Low 25.24 26.62 27.51

EPS Growth

EPS Growth 20242025202620272028
High
103.6%
16.9%
15.6%
Avg
94.2%
7.7%
5.6%
Low
86.5%
1.3%
-2.8%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.