Northrop Grumman Corporation (NOC)

Northrop Grumman Stock Forecast

Stock Price Forecast

The 17 analysts with 12-month price forecasts for Northrop Grumman stock have an average target of 551.41, with a low estimate of 477 and a high estimate of 625. The average target predicts an increase of 2.59% from the current stock price of 537.51.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$477	$551.41	$558	$625
Change	-11.26%	+2.59%	+3.81%	+16.28%

Analyst Ratings

The average analyst rating for Northrop Grumman stock from 18 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	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25	Apr '25
Strong Buy	4	4	6	6	6	6
Buy	2	2	3	3	4	4
Hold	9	9	7	8	7	8
Sell	1	1	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	16	16	16	17	17	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kristine Liwag Morgan Stanley	Morgan Stanley	Buy Maintains $580 → $625	Buy	Maintains	$580 → $625	+16.28%	Apr 16, 2025
Noah Poponak Goldman Sachs	Goldman Sachs	Strong Sell → Hold Upgrades $424 → $521	Strong Sell → Hold	Upgrades	$424 → $521	-3.07%	Apr 11, 2025
Ken Herbert RBC Capital	RBC Capital	Hold → Buy Upgrades $500 → $575	Hold → Buy	Upgrades	$500 → $575	+6.97%	Mar 27, 2025
Matthew Akers Wells Fargo	Wells Fargo	Buy Maintains $545 → $547	Buy	Maintains	$545 → $547	+1.77%	Mar 7, 2025
Matthew Akers Wells Fargo	Wells Fargo	Buy Maintains $574 → $545	Buy	Maintains	$574 → $545	+1.39%	Feb 26, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

42.75B

Increased by 4.18%

from 41.03B

Revenue Next Year

44.73B

Increased by 4.64%

from 42.75B

EPS This Year

28.38

Increased by 0.13%

from 28.34

EPS Next Year

29.22

Increased by 2.98%

from 28.38

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	42.75B	44.73B	46.97B
Revenue Growth	8.74%	-3.08%	2.62%	7.34%	4.44%	4.18%	4.64%	4.99%
EPS	19.03	43.54	31.47	13.53	28.34	28.38	29.22	31.39
EPS Growth	43.95%	128.80%	-27.72%	-57.01%	109.46%	0.13%	2.98%	7.41%
Forward PE	-	-	-	-	-	18.94	18.39	17.13
No. Analysts	-	-	-	-	-	27	25	17

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	44.6B	47.2B	50.0B
Avg	42.7B	44.7B	47.0B
Low	41.2B	42.8B	44.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	8.8%	10.3%	11.7%
Avg	4.2%	4.6%	5.0%
Low	0.4%	0.2%	-0.4%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	29.82	31.50	34.18
Avg	28.38	29.22	31.39
Low	26.83	27.20	28.19

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	5.2%	11.0%	17.0%
Avg	0.1%	3.0%	7.4%
Low	-5.3%	-4.2%	-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.