Northrop Grumman Corporation (NOC)

Northrop Grumman Stock Forecast

Stock Price Forecast

The 13 analysts that cover Northrop Grumman stock have a consensus rating of "Buy" and an average price target of $588.85, which forecasts a -6.75% decrease in the stock price over the next year. The lowest target is $521 and the highest is $650.

Price Target: $588.85 (-6.75%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$521	$588.85	$585	$650
Change	-17.50%	-6.75%	-7.36%	+2.93%

* Price targets were last updated on Jul 29, 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	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	6	6	5	5	5	4
Buy	4	4	4	4	4	4
Hold	8	8	8	8	8	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	18	18	17	17	17	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Strauss Barclays	Barclays	Hold Maintains $500 → $580	Hold	Maintains	$500 → $580	-8.15%	Jul 29, 2025
Seth Seifman JP Morgan	JP Morgan	Hold Maintains $480 → $585	Hold	Maintains	$480 → $585	-7.36%	Jul 23, 2025
Michael Ciarmoli Truist Securities	Truist Securities	Strong Buy Reiterates $550 → $625	Strong Buy	Reiterates	$550 → $625	-1.03%	Jul 23, 2025
Ken Herbert RBC Capital	RBC Capital	Buy Maintains $600 → $625	Buy	Maintains	$600 → $625	-1.03%	Jul 23, 2025
Charles Minervino Susquehanna	Susquehanna	Buy Maintains $557 → $650	Buy	Maintains	$557 → $650	+2.93%	Jul 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

42.58B

Increased by 3.77%

from 41.03B

Revenue Next Year

44.75B

Increased by 5.10%

from 42.58B

EPS This Year

25.66

Decreased by -9.46%

from 28.34

EPS Next Year

29.13

Increased by 13.54%

from 25.66

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	36.80B	35.67B	36.60B	39.29B	41.03B	42.58B	44.75B
Revenue Growth	8.74%	-3.08%	2.62%	7.34%	4.44%	3.77%	5.10%
EPS	19.03	43.54	31.47	13.53	28.34	25.66	29.13
EPS Growth	43.95%	128.80%	-27.72%	-57.01%	109.46%	-9.46%	13.54%
Forward PE	-	-	-	-	-	24.61	21.68
No. Analysts	-	-	-	-	-	26	26

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	44.5B	47.3B
Avg	42.6B	44.8B
Low	40.7B	43.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	8.4%	11.1%
Avg	3.8%	5.1%
Low	-0.9%	1.2%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	27.01	31.50
Avg	25.66	29.13
Low	24.73	27.10

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	-4.7%	22.8%
Avg	-9.5%	13.5%
Low	-12.8%	5.6%

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.