Northrop Grumman Corporation (NOC)

Northrop Grumman Stock Forecast

Stock Price Forecast

The 17 analysts that cover Northrop Grumman stock have a consensus rating of "Buy" and an average price target of $675.29, which forecasts a -4.82% decrease in the stock price over the next year. The lowest target is $521 and the highest is $815.

Price Target: $675.29 (-4.82%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$521	$675.29	$690	$815
Change	-26.57%	-4.82%	-2.75%	+14.87%

* Price targets were last updated on Feb 2, 2026.

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	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	6	6	7	6	6	5
Buy	4	4	5	5	5	5
Hold	6	6	6	7	8	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	18	18	19	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sheila Kahyaoglu Jefferies	Jefferies	Hold Maintains $630 → $690	Hold	Maintains	$630 → $690	-2.75%	Feb 2, 2026
John Godyn Citigroup	Citigroup	Strong Buy Maintains $715 → $781	Strong Buy	Maintains	$715 → $781	+10.07%	Jan 28, 2026
Ken Herbert RBC Capital	RBC Capital	Buy Maintains $715 → $750	Buy	Maintains	$715 → $750	+5.71%	Jan 28, 2026
Gavin Parsons UBS	UBS	Strong Buy Maintains $777 → $778	Strong Buy	Maintains	$777 → $778	+9.65%	Jan 28, 2026
Andre Madrid BTIG	BTIG	Strong Buy Maintains $680 → $815	Strong Buy	Maintains	$680 → $815	+14.87%	Jan 28, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

44.31B

Increased by 5.60%

from 41.95B

Revenue Next Year

46.98B

Increased by 6.04%

from 44.31B

EPS This Year

28.27

Decreased by -2.80%

from 29.08

EPS Next Year

30.24

Increased by 6.98%

from 28.27

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	35.67B	36.60B	39.29B	41.03B	41.95B	44.31B	46.98B
Revenue Growth	-3.08%	2.62%	7.34%	4.44%	2.25%	5.60%	6.04%
EPS	43.54	31.47	13.53	28.34	29.08	28.27	30.24
EPS Growth	128.80%	-27.72%	-57.01%	109.46%	2.61%	-2.80%	6.98%
Forward PE	-	-	-	-	-	25.10	23.46
No. Analysts	-	-	-	-	-	26	25

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	46.4B	49.8B
Avg	44.3B	47.0B
Low	42.6B	44.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	10.7%	12.3%
Avg	5.6%	6.0%
Low	1.6%	0.9%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	30.30	32.71
Avg	28.27	30.24
Low	26.93	27.28

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	4.2%	15.7%
Avg	-2.8%	7.0%
Low	-7.4%	-3.5%

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.