Northrop Grumman (NOC) Stock Forecast & Price Target

$504.81 -0.99 (-0.20%)

Closing price 09/29/2026 03:59 PM Eastern

Extended Trading

$481.86 -22.95 (-4.55%)

As of 05:51 AM Eastern

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Northrop Grumman - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Moderate Buy

Based on 21 Analyst Ratings

Sell
0

Hold
8

Buy
13

Based on 21 Wall Street analysts who have issued ratings for Northrop Grumman in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 21 analysts, 8 have given a hold rating, 11 have given a buy rating, and 2 have given a strong buy rating for NOC.

Consensus Price Target

$658.29
30.40% Upside

According to the 21 analysts' twelve-month price targets for Northrop Grumman, the average price target is $658.29. The highest price target for NOC is $815.00, while the lowest price target for NOC is $500.00. The average price target represents a forecasted upside of 30.40% from the current price of $504.81.

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

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NOC Analyst Ratings Over Time

Type	Current Forecast 9/30/25 to 9/30/26	1 Month Ago 8/31/25 to 8/31/26	3 Months Ago 7/2/25 to 7/2/26	1 Year Ago 9/30/24 to 9/30/25
Strong Buy	2 Strong Buy rating(s)	1 Strong Buy rating(s)	2 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	11 Buy rating(s)	11 Buy rating(s)	10 Buy rating(s)	9 Buy rating(s)
Hold	8 Hold rating(s)	8 Hold rating(s)	9 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$658.29	$661.30	$698.37	$588.85
Forecasted Upside	30.40% Upside	22.51% Upside	27.48% Upside	-3.39% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Moderate Buy

NOC Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NOC Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Northrop Grumman Stock vs. The Competition

Type	Northrop Grumman	Industrials Companies	Broader Market
Consensus Rating Score	2.71	2.30	2.53
Consensus Rating	Moderate Buy	Hold	Moderate Buy
Predicted Upside	30.40% Upside	107.46% Upside	20.12% Upside
News Sentiment Rating	Positive News See Recent NOC News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
9/23/2026	Sanford C. Bernstein 3 of 5 stars	Douglas Harned Not Rated	Lower Target	Market Perform	$653.00 ➝ $620.00	+21.54%
9/14/2026	Guggenheim 5 of 5 stars	Michael Ciarmoli Not Rated	Initiated Coverage	Buy	$612.00	+15.93%
9/10/2026	Weiss Ratings 3 of 5 stars		Downgrade	Hold (C+) ➝ Hold (C)
9/8/2026	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gavin Parsons Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$685.00 ➝ $704.00	+36.99%
8/19/2026	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gautam Khanna Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Hold	$550.00 ➝ $590.00	-0.14%
8/13/2026	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	John Godyn Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$617.00 ➝ $667.00	+15.61%
7/23/2026	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Seth Seifman Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$635.00 ➝ $600.00	+13.21%
7/22/2026	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$615.00	+16.27%
7/22/2026	Susquehanna Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Charles Minervino Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Positive	$785.00 ➝ $655.00	+23.72%
7/22/2026	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$500.00	-1.74%
Get the Latest News and Ratings for NOC and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Northrop Grumman and its competitors with MarketBeat's FREE daily newsletter.
7/15/2026	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Kristine Liwag Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target		$745.00	+41.00%
7/14/2026	The Goldman Sachs Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Noah Poponak Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$603.00 ➝ $533.00	-1.63%
7/8/2026	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Strauss Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Overweight	$620.00	+12.99%
6/26/2026	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Sheila Kahyaoglu Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Hold	$620.00 ➝ $580.00	+15.08%
6/15/2026	Raymond James Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Outperform
4/22/2026	BTIG Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Andre Madrid Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy	$815.00	+33.30%
2/10/2026	Argus Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Set Target		$785.00	+14.17%
1/28/2026	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ken Herbert Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$715.00 ➝ $750.00	+10.08%
1/28/2026	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ronald Epstein Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Buy	$685.00 ➝ $750.00	+10.50%
1/27/2026	Vertical Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Robert Stallard Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Hold	$688.00	+1.36%
1/9/2026	Truist Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Ciarmoli Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$688.00 ➝ $623.00	+5.40%
12/15/2025	Alembic Global Advisors Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Peter Skibitski Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Neutral ➝ Overweight	$662.00	+16.08%
11/18/2025	BNP Paribas Exane Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Strong-Buy
7/29/2025	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	David Strauss Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Equal Weight	$500.00 ➝ $580.00	+1.65%
2/3/2025	Wolfe Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Myles Walton Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Underperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:44 AM ET.

Should I Buy Northrop Grumman Stock? NOC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, September 25, 2026. Please send any questions or comments about these Northrop Grumman pros and cons to contact@marketbeat.com.

Northrop Grumman
Bull Case

Here are some ways that investors could benefit from investing in Northrop Grumman Co.:

Northrop Grumman Co. recently secured a $123.8 million U.S. Navy award for 67 APG-85 radars, which provides production visibility for the F-35 program through February 2031 and supports long-term revenue stability.
The company reported second-quarter earnings of $7.68 per share, significantly beating the consensus estimate of $6.82, while also raising its full-year 2026 earnings per share guidance to a range of $28.60 to $29.10, indicating strong operational performance.
With the current stock price at $510.16, the shares are trading at a price-to-earnings ratio of 16.21, which is below the average price target of $659.86 set by analysts who maintain a consensus rating of Moderate Buy.
Northrop Grumman Co. landed a $508 million missile defense support contract and an $111.4 million strategic deterrent deal, highlighting robust demand for its defense systems and contributing to a strong backlog of orders.
The company offers a dividend yield of 1.94% with a payout ratio of 31.39%, providing a steady income stream for investors while maintaining a conservative approach to capital distribution.

Northrop Grumman
Bear Case

Investors should be bearish about investing in Northrop Grumman Co. for these reasons:

Despite beating earnings estimates, the stock price has declined to $510.16, which is significantly below the 52-week high of $774.00, suggesting that investors are concerned about profit margins and execution despite revenue growth.
Insider selling has been consistent, with 21 sales and no purchases recorded in the past six months, including a recent sale of 95 shares by Director Mark A. Welsh III, which may signal a lack of confidence from company leadership.
The stock is trading below its 50-day moving average of $542.34 and its 200-day moving average of $582.47, indicating a downward technical trend and potential continued pressure on the share price.
Short interest has increased to 2,247,342 shares, representing a short percentage of float of 1.59%, which suggests that a portion of the market is betting against the stock's future performance.
Northrop Grumman Co. faces a debt-to-equity ratio of 0.81, which, while manageable, indicates a significant level of leverage that could impact financial flexibility in a changing economic environment.

NOC Forecast - Frequently Asked Questions

According to the research reports of 21 Wall Street equities research analysts, the average twelve-month stock price forecast for Northrop Grumman is $658.29, with a high forecast of $815.00 and a low forecast of $500.00.

21 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Northrop Grumman in the last year. There are currently 8 hold ratings, 11 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NOC shares.

According to analysts, Northrop Grumman's stock has a predicted upside of 30.40% based on their 12-month stock forecasts.

Over the previous 90 days, Northrop Grumman's stock had 3 upgrades and 3 downgrades by analysts.

Northrop Grumman has been rated by research analysts at Citigroup, Deutsche Bank Aktiengesellschaft, Guggenheim, JPMorgan Chase & Co., Morgan Stanley, Robert W. Baird, Sanford C. Bernstein, Susquehanna, TD Cowen, The Goldman Sachs Group, UBS Group, Weiss Ratings, and Wells Fargo & Company in the past 90 days.

Analysts like Northrop Grumman more than other "industrials" companies. The consensus rating for Northrop Grumman is Moderate Buy while the average consensus rating for "industrials" companies is Hold. Learn more on how NOC compares to other companies.

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MarketBeat monitors more than a dozen sources for Northrop Grumman analyst ratings, with the most recent rating issued on 9/23/2026.

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Northrop Grumman (NOC) Stock Forecast & Price Target

Northrop Grumman - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

NOC Analyst Ratings Over Time

NOC Analyst Recommendations By Month

NOC Price Targets by Month

Northrop Grumman Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Northrop Grumman Stock? NOC Pros and Cons Explained

Northrop Grumman
Bull Case

Northrop Grumman
Bear Case

NOC Forecast - Frequently Asked Questions

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Northrop Grumman Recommendations

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Northrop Grumman (NOC) Stock Forecast & Price Target

Northrop Grumman - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Consensus Price Target

NOC Analyst Ratings Over Time

NOC Analyst Recommendations By Month

NOC Price Targets by Month

Northrop Grumman Stock vs. The Competition

Recent Analyst Forecasts and Stock Ratings

Should I Buy Northrop Grumman Stock? NOC Pros and Cons Explained

Northrop Grumman Bull Case

Northrop Grumman Bear Case

NOC Forecast - Frequently Asked Questions

What is Northrop Grumman's forecast for 2026?

Should I buy or sell Northrop Grumman stock right now?

Does Northrop Grumman's stock price have much upside?

Has Northrop Grumman been upgraded or downgraded by Wall Street analysts recently?

What analysts cover Northrop Grumman?

Do Wall Street analysts like Northrop Grumman more than its competitors?

Stock Forecasts and Research Tools

Today's Analyst Ratings

Top-Rated Stocks

More Ratings Tools

Brokerages With Northrop Grumman Recommendations

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Northrop Grumman
Bull Case

Northrop Grumman
Bear Case