Northrop Grumman Corporation (NOC)

Northrop Grumman Stock Forecast

Stock Price Forecast

The 15 analysts that cover Northrop Grumman stock have a consensus rating of "Buy" and an average price target of $555.86, which forecasts a 10.18% increase in the stock price over the next year. The lowest target is $500 and the highest is $625.

Price Target: $555.86 (+10.18%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$500	$555.86	$560	$625
Change	-0.89%	+10.18%	+11.01%	+23.89%

* Price targets were last updated on Apr 24, 2025.

Analyst Ratings

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

Recommendation Trends

Rating	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	6	6	6	6	6	5
Buy	3	4	4	4	4	4
Hold	8	7	8	8	8	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	17	17	18	18	18	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Akers Wells Fargo	Wells Fargo	Buy Maintains $547 → $525	Buy	Maintains	$547 → $525	+4.07%	Apr 24, 2025
Ken Herbert RBC Capital	RBC Capital	Buy Maintains $575 → $550	Buy	Maintains	$575 → $550	+9.02%	Apr 23, 2025
Michael Ciarmoli Truist Securities	Truist Securities	Strong Buy Maintains $600 → $550	Strong Buy	Maintains	$600 → $550	+9.02%	Apr 23, 2025
Charles Minervino Susquehanna	Susquehanna	Buy Maintains $557 → $540	Buy	Maintains	$557 → $540	+7.04%	Apr 23, 2025
Gavin Parsons UBS	UBS	Strong Buy Maintains $583 → $571	Strong Buy	Maintains	$583 → $571	+13.19%	Apr 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

42.53B

Increased by 3.65%

from 41.03B

Revenue Next Year

44.57B

Increased by 4.80%

from 42.53B

EPS This Year

25.46

Decreased by -10.17%

from 28.34

EPS Next Year

28.97

Increased by 13.78%

from 25.46

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	36.80B	35.67B	36.60B	39.29B	41.03B	42.53B	44.57B	46.72B
Revenue Growth	8.74%	-3.08%	2.62%	7.34%	4.44%	3.65%	4.80%	4.83%
EPS	19.03	43.54	31.47	13.53	28.34	25.46	28.97	31.27
EPS Growth	43.95%	128.80%	-27.72%	-57.01%	109.46%	-10.17%	13.78%	7.95%
Forward PE	-	-	-	-	-	19.82	17.41	16.13
No. Analysts	-	-	-	-	-	27	27	19

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	44.5B	47.1B	50.0B
Avg	42.5B	44.6B	46.7B
Low	40.8B	42.6B	44.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	8.5%	10.8%	12.1%
Avg	3.6%	4.8%	4.8%
Low	-0.7%	0.1%	-1.2%

EPS Forecast

EPS	2025	2026	2027
High	26.83	31.50	34.13
Avg	25.46	28.97	31.27
Low	24.51	26.95	28.71

EPS Growth

EPS Growth	2025	2026	2027
High	-5.3%	23.7%	17.8%
Avg	-10.2%	13.8%	8.0%
Low	-13.5%	5.9%	-0.9%

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.