Northrop Grumman Corporation (NOC)
NYSE: NOC · IEX Real-Time Price · USD
468.36
-1.86 (-0.40%)
May 20, 2024, 3:11 PM EDT - Market open
Northrop Grumman Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Northrop Grumman stock have an average target of 500.55, with a low estimate of 435 and a high estimate of 615. The average target predicts an increase of 6.87% from the current stock price of 468.36.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for NOC stock from 12 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 7 | 9 | 9 | 9 | 8 | 7 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 14 | 14 | 14 | 13 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $483 → $518 | Hold | Maintains | $483 → $518 | +10.60% | Apr 30, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $450 → $475 | Hold | Maintains | $450 → $475 | +1.42% | Apr 26, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $540 → $560 | Buy | Maintains | $540 → $560 | +19.57% | Apr 26, 2024 |
| Baird | Baird | Hold Maintains $475 → $505 | Hold | Maintains | $475 → $505 | +7.82% | Apr 26, 2024 |
| Alembic Global | Alembic Global | Hold → Buy Upgrades n/a | Hold → Buy | Upgrades | n/a | n/a | Apr 22, 2024 |
Financial Forecast
Revenue This Year
41.50B
from 39.29B
Increased by 5.63%
Revenue Next Year
43.72B
from 41.50B
Increased by 5.34%
EPS This Year
24.90
from 13.53
Increased by 84.03%
EPS Next Year
27.88
from 24.90
Increased by 11.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 43.5B | 46.8B | 49.9B | 51.2B | 54.3B |
| Avg | 41.5B | 43.7B | 46.1B | 48.0B | 50.1B |
| Low | 40.0B | 41.7B | 43.5B | 45.7B | 47.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.7% | 12.7% | 14.1% | 11.2% | 13.1% |
| Avg | 5.6% | 5.3% | 5.4% | 4.2% | 4.3% |
| Low | 1.9% | 0.4% | -0.5% | -0.8% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 26.50 | 30.24 | 33.92 | 35.64 | 38.79 |
| Avg | 24.90 | 27.88 | 29.75 | 31.81 | 34.29 |
| Low | 23.18 | 26.07 | 27.29 | 28.85 | 30.42 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 95.9% | 21.4% | 21.6% | 19.8% | 21.9% |
| Avg | 84.0% | 12.0% | 6.7% | 6.9% | 7.8% |
| Low | 71.3% | 4.7% | -2.1% | -3.0% | -4.4% |
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.