
Northrop Grumman (NOC) Stock Forecast & Price Target
Northrop Grumman (NOC) Analyst Ratings
Bulls say
Northrop Grumman is experiencing significant international sales growth, with a notable increase of 32% year-over-year in the third quarter of 2025, bolstered by strong contract awards and an encouraging book-to-bill ratio of 1.45. The Defense Systems segment demonstrated the highest international growth, up 55% year-over-year, driven by heightened demand for munitions and airborne radars, as well as initiatives related to NATO's commitment to increase defense spending. As a result, the company's overall sales growth is expected to accelerate into the second half of 2026, positioning Northrop Grumman for a robust performance in 2027.
Bears say
Northrop Grumman's stock has faced downward pressure due to its recent decision to revise its capital return strategy, indicating potential challenges in shareholder value maximization. The company's international book-to-bill ratio has fallen below 1.0x year-to-date, suggesting difficulties in order fulfillment and future growth prospects, particularly regarding key projects like the B-21 and the F/A-XX. Furthermore, potential delays in Congressional budget approvals could impede contract funding and free cash flow generation, exacerbating forecasts for capital expenditures and overall financial health in the coming years.
This aggregate rating is based on analysts' research of Northrop Grumman and is not a guaranteed prediction by Public.com or investment advice.
Northrop Grumman (NOC) Analyst Forecast & Price Prediction
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