Northrop Grumman (NOC) Stock Forecast, Price Target & Predictions
NOC Stock Forecast
Northrop Grumman stock forecast is as follows: an average price target of $482.73 (represents a 2.56% upside from NOC’s last price of $470.69) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
NOC Price Target
The average price target for Northrop Grumman (NOC) is $482.73 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $626.00 to $375.00. This represents a potential 2.56% upside from NOC's last price of $470.69.
NOC Analyst Ratings
According to 6 Wall Street analysts, Northrop Grumman's rating consensus is 'Buy'. The analyst rating breakdown for NOC stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 3 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Northrop Grumman Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 30, 2024 | Matthew Akers | Wells Fargo | $518.00 | $485.03 | 6.80% | 10.05% |
| Jan 25, 2024 | Seth Seifman | J.P. Morgan | $435.00 | $463.92 | -6.23% | -7.58% |
| Jan 25, 2024 | Myles Walton | Wolfe Research | $450.00 | $463.92 | -3.00% | -4.40% |
| Jan 25, 2024 | Scott Deuschle | Deutsche Bank | $473.00 | $463.92 | 1.96% | 0.49% |
| Jan 25, 2024 | Peter Arment | Robert W. Baird | $505.00 | $463.92 | 8.85% | 7.29% |
| Feb 06, 2023 | - | Credit Suisse | $490.00 | $440.64 | 11.20% | 4.10% |
| Jan 13, 2023 | - | Goldman Sachs | $375.00 | $487.98 | -23.15% | -20.33% |
| Jan 12, 2023 | - | Credit Suisse | $540.00 | $489.60 | 10.29% | 14.73% |
| Dec 15, 2022 | - | Morgan Stanley | $626.00 | $528.49 | 18.45% | 33.00% |
| Dec 08, 2022 | - | Citigroup | $544.00 | $543.20 | 0.15% | 15.58% |
The latest Northrop Grumman stock forecast, released on Apr 30, 2024 by Matthew Akers from Wells Fargo, set a price target of $518.00, which represents a 6.80% increase from the stock price at the time of the forecast ($485.03), and a 10.05% increase from NOC last price ($470.69).
Northrop Grumman Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 5 |
| Avg Price Target | $518.00 | $518.00 | $476.20 |
| Last Closing Price | $470.69 | $470.69 | $470.69 |
| Upside/Downside | 10.05% | 10.05% | 1.17% |
In the current month, the average price target of Northrop Grumman stock is $518.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 10.05% increase as opposed to Northrop Grumman's last price of $470.69. This month's average price target is down 0.00% compared to last quarter, and up 8.78% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 30, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Apr 22, 2024 | Alembic Global | - | Overweight | Upgrade |
| Jan 26, 2024 | RBC Capital | - | Sector Perform | Downgrade |
| Jan 25, 2024 | Wells Fargo | Equal-Weight | Equal-Weight | Hold |
| Jan 25, 2024 | Wolfe Research | - | Underperform | Downgrade |
| Jan 15, 2023 | Goldman Sachs | - | Reduce | Downgrade |
| Jan 12, 2023 | Credit Suisse | Outperform | Outperform | Hold |
| Dec 15, 2022 | Morgan Stanley | Overweight | Overweight | Hold |
| Dec 08, 2022 | Citigroup | - | Neutral | Initialise |
| Oct 12, 2022 | Credit Suisse | - | Mixed | Initialise |
Northrop Grumman's last stock rating was published by Wells Fargo on Apr 30, 2024. The company gave NOC a "Equal-Weight" rating, the same as its previous rate.
Northrop Grumman Financial Forecast
Northrop Grumman Revenue Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $9.30B | $10.03B | - | - | $8.80B | $8.64B | $8.72B | $9.15B | $9.16B | $10.21B | $9.08B | $8.88B | $8.62B | $8.72B | $8.47B |
| Avg Forecast | $11.97B | $11.44B | $11.20B | $11.22B | $11.42B | $10.68B | $10.53B | $10.53B | $10.81B | $10.14B | $10.02B | $9.77B | $10.43B | $9.58B | $9.36B | $9.18B | $9.67B | $9.13B | $9.07B | $8.88B | $9.00B | $8.95B | $8.77B | $8.53B | $9.27B | $8.86B | $8.63B | $8.53B | $8.85B | $8.57B |
| High Forecast | $12.12B | $11.59B | $11.34B | $11.36B | $11.57B | $10.82B | $10.67B | $10.67B | $10.95B | $10.26B | $10.11B | $9.83B | $10.54B | $9.81B | $9.48B | $9.30B | $9.79B | $9.24B | $9.19B | $8.98B | $9.10B | $9.05B | $8.87B | $8.63B | $9.38B | $8.97B | $8.73B | $8.62B | $8.95B | $8.67B |
| Low Forecast | $11.81B | $11.29B | $11.06B | $11.07B | $11.28B | $10.54B | $10.40B | $10.40B | $10.68B | $10.02B | $9.92B | $9.69B | $10.34B | $9.37B | $9.24B | $9.06B | $9.54B | $9.01B | $8.95B | $8.78B | $8.90B | $8.85B | $8.68B | $8.44B | $9.17B | $8.77B | $8.54B | $8.44B | $8.75B | $8.48B |
| # Analysts | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 12 | 12 | 11 | 11 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.04% | - | - | 0.99% | 0.96% | 0.97% | 1.04% | 1.07% | 1.10% | 1.02% | 1.03% | 1.01% | 0.99% | 0.99% |
Northrop Grumman's average Quarter revenue forecast for Jul 23 based on 8 analysts is $9.36B, with a low forecast of $9.24B, and a high forecast of $9.48B. NOC's average Quarter revenue forecast represents a 0.60% increase compared to the company's last Quarter revenue of $9.30B (Mar 23).
Northrop Grumman EBITDA Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 12 | 12 | 11 | 11 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.43B | $2.95B | - | - | $1.58B | $3.81B | $1.72B | $1.74B | $3.46B | $810.00M | $1.64B | $1.67B | $1.48B | $-158.00M | $1.44B |
| Avg Forecast | $2.00B | $1.91B | $1.87B | $1.88B | $1.91B | $1.79B | $1.76B | $1.76B | $1.81B | $1.70B | $1.68B | $1.87B | $4.58B | $1.86B | $1.78B | $1.70B | $4.16B | $1.69B | $1.62B | $1.54B | $3.78B | $1.54B | $1.54B | $2.78B | $693.28M | $1.56B | $1.45B | $1.57B | $-130.18M | $1.22B |
| High Forecast | $2.03B | $1.94B | $1.90B | $1.90B | $1.93B | $1.81B | $1.78B | $1.78B | $1.83B | $1.72B | $1.69B | $2.24B | $5.49B | $2.23B | $2.14B | $2.04B | $4.99B | $2.03B | $1.95B | $1.85B | $4.54B | $1.84B | $1.84B | $3.33B | $831.94M | $1.87B | $1.74B | $1.89B | $-104.14M | $1.46B |
| Low Forecast | $1.97B | $1.89B | $1.85B | $1.85B | $1.89B | $1.76B | $1.74B | $1.74B | $1.78B | $1.68B | $1.66B | $1.49B | $3.66B | $1.49B | $1.43B | $1.36B | $3.33B | $1.35B | $1.30B | $1.23B | $3.03B | $1.23B | $1.23B | $2.22B | $554.63M | $1.25B | $1.16B | $1.26B | $-156.21M | $975.40M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 0.71% | - | - | 1.02% | 1.01% | 1.12% | 1.13% | 1.25% | 1.17% | 1.05% | 1.15% | 0.94% | 1.21% | 1.18% |
8 analysts predict NOC's average Quarter EBITDA for Jul 23 to be $1.78B, with a high of $2.14B and a low of $1.43B. This is 25.17% upper than Northrop Grumman's previous annual EBITDA (Mar 23) of $1.43B.
Northrop Grumman Net Income Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 12 | 12 | 11 | 11 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $842.00M | $2.08B | - | - | $955.00M | $2.71B | $1.06B | $1.04B | $2.19B | $330.00M | $986.00M | $1.00B | $868.00M | $-409.00M | $933.00M |
| Avg Forecast | $1.18B | $1.09B | $1.06B | $1.04B | $1.13B | $1.02B | $994.85M | $974.70M | $972.12M | $901.98M | $887.54M | $1.13B | $3.26B | $1.15B | $1.05B | $1.03B | $2.96B | $1.04B | $952.20M | $932.57M | $2.69B | $949.42M | $916.17M | $1.76B | $282.45M | $938.63M | $874.65M | $924.71M | $-336.97M | $792.17M |
| High Forecast | $1.20B | $1.11B | $1.07B | $1.06B | $1.14B | $1.04B | $1.01B | $990.85M | $988.23M | $915.23M | $912.73M | $1.35B | $3.91B | $1.38B | $1.26B | $1.23B | $3.55B | $1.25B | $1.14B | $1.12B | $3.23B | $1.14B | $1.10B | $2.11B | $338.94M | $1.13B | $1.05B | $1.11B | $-269.58M | $950.60M |
| Low Forecast | $1.16B | $1.07B | $1.04B | $1.03B | $1.11B | $1.00B | $978.17M | $958.36M | $955.83M | $888.74M | $869.76M | $902.72M | $2.61B | $919.04M | $837.94M | $820.66M | $2.37B | $835.49M | $761.76M | $746.05M | $2.15B | $759.54M | $732.93M | $1.41B | $225.96M | $750.90M | $699.72M | $739.77M | $-404.37M | $633.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.70% | - | - | 1.02% | 1.01% | 1.12% | 1.13% | 1.25% | 1.17% | 1.05% | 1.15% | 0.94% | 1.21% | 1.18% |
Northrop Grumman's average Quarter net income forecast for Jul 23 is $1.05B, with a range of $837.94M to $1.26B. NOC's average Quarter net income forecast represents a 24.40% increase compared to the company's last Quarter net income of $842.00M (Mar 23).
Northrop Grumman SG&A Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 12 | 12 | 11 | 11 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.04B | $918.00M | - | - | $976.00M | $809.00M | $891.00M | $999.00M | $898.00M | $938.00M | $855.00M | $832.00M | $788.00M | $970.00M | $776.00M |
| Avg Forecast | $1.19B | $1.14B | $1.12B | $1.12B | $1.14B | $1.07B | $1.05B | $1.05B | $1.08B | $1.01B | $999.89M | $1.15B | $972.32M | $962.92M | $1.11B | $1.05B | $883.93M | $875.38M | $1.01B | $953.07M | $803.57M | $795.80M | $882.59M | $719.38M | $802.84M | $813.92M | $724.09M | $839.48M | $799.18M | $658.87M |
| High Forecast | $1.21B | $1.16B | $1.13B | $1.13B | $1.15B | $1.08B | $1.06B | $1.06B | $1.09B | $1.02B | $1.01B | $1.38B | $1.17B | $1.16B | $1.34B | $1.26B | $1.06B | $1.05B | $1.21B | $1.14B | $964.28M | $954.96M | $1.06B | $863.26M | $963.40M | $976.71M | $868.91M | $1.01B | $959.02M | $790.64M |
| Low Forecast | $1.18B | $1.13B | $1.10B | $1.10B | $1.13B | $1.05B | $1.04B | $1.04B | $1.06B | $999.87M | $989.96M | $922.58M | $777.86M | $770.34M | $890.20M | $838.70M | $707.14M | $700.31M | $809.27M | $762.46M | $642.86M | $636.64M | $706.08M | $575.51M | $642.27M | $651.14M | $579.27M | $671.59M | $639.35M | $527.09M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.04% | - | - | 1.02% | 1.01% | 1.12% | 1.13% | 1.25% | 1.17% | 1.05% | 1.15% | 0.94% | 1.21% | 1.18% |
Northrop Grumman's average Quarter SG&A projection for Jul 23 is $1.11B, based on 8 Wall Street analysts, with a range of $890.20M to $1.34B. The forecast indicates a 7.20% rise compared to NOC last annual SG&A of $1.04B (Mar 23).
Northrop Grumman EPS Forecast
| Dec 26 | Oct 26 | Jul 26 | Mar 26 | Dec 25 | Oct 25 | Jul 25 | Mar 25 | Dec 24 | Oct 24 | Jul 24 | Mar 24 | Dec 23 | Oct 23 | Jul 23 | Mar 23 | Dec 22 | Oct 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 10 | 10 | 10 | 10 | 5 | 5 | 5 | 5 | 6 | 12 | 12 | 11 | 11 | 17 | 8 | 8 | 7 | 7 | 13 | 7 | 15 | 8 | 10 | 9 | 10 | 16 | 9 | 10 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $5.52 | $13.37 | - | - | $6.12 | $16.96 | $6.65 | $6.44 | $13.46 | $1.98 | $5.91 | $6.02 | $5.18 | $-2.44 | $5.52 |
| Avg Forecast | $7.92 | $7.29 | $7.08 | $7.00 | $7.54 | $6.84 | $6.66 | $6.53 | $6.51 | $6.04 | $5.94 | $5.78 | $5.80 | $5.81 | $5.33 | $5.10 | $6.63 | $6.11 | $6.10 | $5.96 | $5.96 | $5.99 | $5.84 | $5.48 | $5.76 | $5.62 | $5.34 | $5.51 | $4.77 | $4.77 |
| High Forecast | $8.05 | $7.41 | $7.19 | $7.12 | $7.67 | $6.95 | $6.77 | $6.64 | $6.62 | $6.13 | $6.11 | $5.99 | $5.93 | $6.01 | $5.41 | $5.18 | $6.74 | $6.21 | $6.20 | $6.05 | $6.05 | $6.08 | $5.92 | $5.56 | $5.85 | $5.71 | $5.43 | $5.59 | $4.85 | $4.85 |
| Low Forecast | $7.78 | $7.17 | $6.96 | $6.88 | $7.42 | $6.73 | $6.55 | $6.42 | $6.40 | $5.95 | $5.83 | $5.63 | $5.70 | $5.52 | $5.24 | $5.01 | $6.52 | $6.01 | $6.00 | $5.88 | $5.88 | $5.91 | $5.76 | $5.41 | $5.68 | $5.55 | $5.27 | $5.43 | $4.71 | $4.71 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | 2.02% | - | - | 1.03% | 2.85% | 1.11% | 1.10% | 2.46% | 0.34% | 1.05% | 1.13% | 0.94% | -0.51% | 1.16% |
According to 8 Wall Street analysts, Northrop Grumman's projected average Quarter EPS for Jul 23 is $5.33, with a low estimate of $5.24 and a high estimate of $5.41. This represents a -3.51% decrease compared to NOC previous annual EPS of $5.52 (Mar 23).
Northrop Grumman Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| BA | Boeing | $182.96 | $220.92 | 20.75% | Buy |
| LHX | L3Harris | $222.09 | $249.00 | 12.12% | Buy |
| NOC | Northrop Grumman | $470.69 | $482.73 | 2.56% | Buy |
| LMT | Lockheed Martin | $464.83 | $467.25 | 0.52% | Buy |
| RTX | Raytheon | $104.24 | $103.60 | -0.61% | Hold |
| HXL | Hexcel | $72.44 | $70.33 | -2.91% | Buy |
| CW | Curtiss-Wright | $276.57 | $265.50 | -4.00% | Buy |
| HII | Huntington Ingalls Industries | $256.16 | $244.83 | -4.42% | Hold |
| GD | General Dynamics | $295.75 | $276.17 | -6.62% | Buy |
NOC Forecast FAQ
Is Northrop Grumman a good buy?
Yes, according to 6 Wall Street analysts, Northrop Grumman (NOC) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of NOC's total ratings.
What is NOC's price target?
Northrop Grumman (NOC) average price target is $482.73 with a range of $375 to $626, implying a 2.56% from its last price of $470.69. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Northrop Grumman stock go up soon?
According to Wall Street analysts' prediction for NOC stock, the company can go up by 2.56% (from the last price of $470.69 to the average price target of $482.73), up by 33.00% based on the highest stock price target, and down by -20.33% based on the lowest stock price target.
Can Northrop Grumman stock reach $700?
NOC's average twelve months analyst stock price target of $482.73 does not support the claim that Northrop Grumman can reach $700 in the near future.
What is Northrop Grumman's current price target trend?
1 Wall Street analyst forecast a $518 price target for Northrop Grumman (NOC) this month, up 10.05% from its last price of $470.69. Compared to the last 3 and 12 months, the average price target increased by 10.05% and increased by 1.17%, respectively.
What are Northrop Grumman's analysts' financial forecasts?
Northrop Grumman's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $43.17B (high $43.72B, low $42.61B), average EBITDA is $7.22B (high $7.31B, low $7.12B), average net income is $4.12B (high $4.19B, low $4.05B), average SG&A $4.31B (high $4.36B, low $4.25B), and average EPS is $27.57 (high $28.03, low $27.11). NOC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $45.83B (high $46.41B, low $45.23B), average EBITDA is $7.66B (high $7.76B, low $7.56B), average net income is $4.37B (high $4.44B, low $4.3B), average SG&A $4.57B (high $4.63B, low $4.51B), and average EPS is $29.29 (high $29.77, low $28.79).
Did the NOC's actual financial results beat the analysts' financial forecasts?
Based on Northrop Grumman's last annual report (Dec 2023), the company's revenue was $39.29B, beating the average analysts forecast of $38.55B by 1.92%. Apple's EBITDA was $2.54B, missing the average prediction of $9.92B by -74.42%. The company's net income was $2.06B, missing the average estimation of $6.48B by -68.27%. Apple's SG&A was $4.01B, missing the average forecast of $4.1B by -2.01%. Lastly, the company's EPS was $13.57, missing the average prediction of $22.04 by -38.42%. In terms of the last quarterly report (Mar 2023), Northrop Grumman's revenue was $9.3B, beating the average analysts' forecast of $9.18B by 1.33%. The company's EBITDA was $1.42B, missing the average prediction of $1.7B by -16.04%. Northrop Grumman's net income was $842M, missing the average estimation of $1.03B by -17.92%. The company's SG&A was $1.04B, missing the average forecast of $1.05B by -0.99%. Lastly, the company's EPS was $5.52, beating the average prediction of $5.1 by 8.33%