NYSE: NOC

Northrop Grumman (NOC) Stock Analysis & Forecast

Nov 4 close

$525.35−24.95 (−4.5%)

Gekko Brief

AI summaryNov 4 close

Northrop Grumman shares fell this week after Democrats swept the 2026 U.S. midterm elections, taking control of both the House and Senate, a result that raises questions over the Pentagon's defense spending plans and a reported $1.5 trillion budget request that was already facing pressure toward $1.1 trillion. Shares of peers RTX, LMT and GD moved similarly on the same concern. Separately, the company reported strong Q3 2026 results, reaffirming sales guidance while raising EPS expectations on stronger segment performance and a lower tax rate, and is set to present at the Baird 2026 Global Industrial Conference on November 11.

The stock closed at $525.35, down 4.5%, sitting between its 50-day average of $520.10 and 200-day average of $589.31, a mixed trend picture. The GekkoIndex reads 56.1, placing it in the Neutral zone. Price stands 26% below Gekko Fair Value of $709.55, a gap that bears watching.

The next earnings date is 26 January 2027, 82 days away, outside a typical 20-trading-day hold. No insider, Congress or unusual options activity appears in their respective windows. Seasonally, the next 20 trading days from this point have averaged -0.5% over 5 years, rising in 3 of them. Consensus among 16 analysts stands at 9 buy, 6 hold and 1 sell, with a consensus target of $636, representing 21.1% upside from current levels.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

Northrop Grumman price vs fair value

$709.55$525.35Nov ’25May ’26Nov ’26
Close $525.35200-day averageGekko Fair Value $709.55

Northrop Grumman quick facts

Market cap
$74.63B
P/E ratio
17.5
Forward P/E
18.4
EPS, TTM
$31.68
Revenue, TTM
$43.59B
Profit margin
10.4%
Dividend yield
1.71%
Beta
-0.14
Volume
1.73M avg 1.03M
1-year return
−8.7%
Typical daily move
±3.2%
Typical 20-day move
±4.2%
50-day average
$520.10
200-day average
$589.31
Next earnings
Jan 26
Shares outstanding
142.1M
52-week range
$470.06$774.00

Northrop Grumman swing-trade checklist

Northrop Grumman scores 2 supportive, 3 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive3 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $525.35 sits between the 50-day ($520.10) and 200-day ($589.31) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    56.1, Neutral

    Reading 56.1 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    26.0% below

    Price is 26% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 82 days

    Next report Jan 26, 2027, 82 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    −0.5% on average

    From this point in the calendar, the next 20 trading days averaged −0.5% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

Northrop Grumman stock chart and price history

Northrop Grumman closed at $525.35 on Nov 4, 2026, −8.7% over the past year, inside a 52-week range of $470.06 to $774.00.

Close50-day average200-day averageVolume
Northrop Grumman share price, past year, with 50-day and 200-day moving averages and volume$500$600$700DecJan 2026FebMarAprMayJunJulAugSepOct525.35

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+8.7%
3 months
−7.5%
6 months
−6.0%
1 year
−8.7%
The full NOC chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open NOC in Gekko

Follow Northrop Grumman through every session

Put NOC on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track NOC in GekkoFree for 7 days. No credit card required.

About Northrop Grumman

Northrop Grumman designs, builds, and supports aircraft, weapons, and space systems for defense and government customers. Its work spans crewed and uncrewed aircraft, strike and surveillance platforms, and satellites, placing it among companies serving military and aerospace needs.

The company operates through several divisions. One handles aircraft across their full lifecycle, from design through production and maintenance, covering long-range strike planes, fighter jets, airborne command aircraft, and uncrewed surveillance vehicles. Another develops weapons and mission technologies, including battle management systems, munitions, missiles, hypersonic and propulsion technology, gun systems, and life-cycle support such as software, logistics, and modernization for air, sea, and ground forces. A further division focuses on cybersecurity, communications, radar and sensor technology, electronic warfare, navigation, and maritime propulsion and launch systems. Its space-related unit supplies satellites, payloads, and ground control infrastructure.

Shares of Northrop Grumman trade on the NYSE under the ticker NOC.

Listed
NYSE
Sector
Electronic technology
Industry
Aerospace & defense
Website
northropgrumman.com

Northrop Grumman GekkoIndex: the smart money zone

Northrop Grumman’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 56.1, in the Neutral zone, up 6 points over five sessions.

010056.1Neutral

Up 6 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying62−0.7%+0.2%+0.3%+3.0%
Accumulation247−0.1%−0.1%+0.3%+5.2%
Neutral (current zone)346+0.5%+0.6%+0.8%−0.9%
Distribution41+0.7%+1.9%+2.7%+4.0%
Selling1Too few readings yet

Average NOC share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the NOC price, zone by zone.Track NOC in Gekko

Is Northrop Grumman stock overvalued? Gekko Fair Value

Northrop Grumman trades 26.0% below Gekko Fair Value of $709.55, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what Northrop Grumman shares are worth, recalculated every trading day.

$709.55

Gekko Fair Value, Nov 4, 2026

26.0% Undervalued

At the end of Aug 2026 the price was 28.0% below the estimate.

Gekko Fair ValueShare price, month end
$710$550Aug 2026SepOctNov 2026

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open NOC in Gekko

Northrop Grumman insider and Congress trading

No open-market insider purchases were filed for Northrop Grumman, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for NOC in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every NOC insider filing, plotted on the chart in Gekko.Open NOC in Gekko

Congress trades last 90 days

No trades in NOC were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for NOC, plotted on the chart in Gekko.Open NOC in Gekko

Buybacks

Northrop Grumman has been buying back its own shares.

Bought back, quarter ended Mar 31, 2026
$68.00M
As a share of market cap
0.09%
Trailing four quarters
$1.21B

From company filings.

Hedge funds and billionaires quarter ended Sep 30

0of the funds Gekko tracks hold NOC.

0added0opened0trimmed2sold out
Which funds are on each side, name by name.Unlock in Gekko

Northrop Grumman earnings: next date and track record

Northrop Grumman reports on Jan 26, 2027 (82 days away), and beat the EPS estimate in 7 of its last 8 reports.

7 of 8reports beat the EPS estimate
±4.9%average move across the report
5 of 8reports followed by a gain

Share-price move across each report

+0.6%Oct ’24+1.2%Jan ’25−11.0%Apr ’25+10.3%Jul ’25−0.9%Oct ’25+4.3%Jan ’26−10.3%Apr ’26+0.3%Jul ’26

Last earnings call, Jul 21, 2026 AI summary

What they said
Northrop Grumman reported a solid Q2 2026 with accelerating sales ($10.9B, +10% sequential, +5% YoY), strong bookings ($20B in Q2) and backlog growth (+17% YoY to $105B). Management emphasized robust demand across aeronautics, defense systems, space and mission systems, continued investments in capacity and advanced factories, and a shift from development to production that should support higher margins in H2 and into 2027. Key positives were double-digit sales and margin growth in Aeronautics driven by B-21 and mature programs, robust free cash flow (~$1B adjusted FCF in Q2), and growing international demand for missile defense and space offerings. Management acknowledged two program-specific cost adjustments (an unfavorable EAC on a stand‑in attack weapon/ARGEM and an unfavorable SAW adjustment) and described remediation actions (additional resources, infrastructure, testing and integration) while expressing confidence in execution. Management reiterated capital investment plans to expand capacity (CapEx ~$320M in Q2; indicating target ~4.5% of sales longer term), a book-to-bill ~1.25x for the year, and an expectation of continued margin improvement in H2 (company margins “nearing high 11%” ex the two EAC adjustments).
Guidance
Updated full-year EPS guidance was increased (discussion referenced a ~$1.20 EPS lift tied to tax adjustments and stronger sales/margins). Management provided directional guidance: expect stronger H2 sales and margins, book-to-bill ~1.25x for the year, CapEx guidance framework (~4.5% of sales), and continued refinement of free cash flow targets with updated views planned in Q3 and Q4. No firm 2027 numeric revenue guidance was given, but management expressed optimism for higher single-digit to potentially high-single-digit growth driven by space, DS, and Aeronautics mix shift.
Risks flagged
Program-specific execution and qualification risk on tactical missile programs (ARGEM/stand‑in attack weapon) and an unfavorable SAW EAC adjustment; ongoing qualification risk until testing and design/qualification are complete. Microelectronics segment faces temporary year-over-year growth softness. Dependence on U.S. government budgets and timing of appropriations/FY2027 funding and negotiations on long-term SRM pricing expose the company to funding and contracting timing risk.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 21, 2026$7.68
est $6.84
+12.3%—
est $10.79B
—+0.3%
Apr 21, 2026$6.14
est $6.06
+1.3%$9.88B
est $9.75B
+1.3%−10.3%
Jan 27, 2026$7.23
est $6.98
+3.6%$11.71B
est $11.62B
+0.8%+4.3%
Oct 21, 2025$7.67
est $6.44
+19.1%$10.42B
est $10.72B
−2.7%−0.9%
Jul 22, 2025$7.11
est $6.92
+2.7%$10.35B
est $10.06B
+2.9%+10.3%
Apr 22, 2025$6.06
est $6.24
−2.9%$9.47B
est $9.92B
−4.6%−11.0%
Jan 30, 2025$6.39
est $6.35
+0.6%$10.69B
est $10.97B
−2.5%+1.2%
Oct 24, 2024$7.00
est $6.07
+15.3%$10.00B
est $10.18B
−1.9%+0.6%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

Northrop Grumman stock forecast and analyst price targets

Analysts’ average 12-month price target for Northrop Grumman is $636.00, +21.1% from the last close, from 16 firms rating the stock in the last 90 days.

$636.00consensus 12-month target, +21.1% from the last close
Low $430High $765
Buy9
Hold6
Sell1

Each firm’s latest rating in the last 90 days: 16 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 28Bank of America SecuritiesBuy, reiterated$750+42.8%
Oct 26J.P. MorganHold, reiterated$605+15.2%
Oct 26BernsteinHold, maintained$590+12.3%
Oct 25JefferiesHold, maintained$585+11.4%
Oct 22BarclaysSell, maintained$430−18.1%
+0.8%average 20-day move after past Neutral readings
−0.5%average move over the next 20 trading days in the last 5 years
±3.2%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

Northrop Grumman seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, Northrop Grumman averaged −0.5% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

+0.3%2021+3.6%2022+1.2%2023−4.4%2024−4.1%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.6%2 of 5
Next 10 trading days−1.8%0 of 5
Next 15 trading days−1.3%1 of 5
Next 20 trading days−0.5%3 of 5
Next 30 trading days−0.2%2 of 5

For scale, NOC’s typical 20-trading-day move in either direction is about 4.2%.

Northrop Grumman market cap and key statistics

Northrop Grumman’s market cap is $74.63B, with a P/E ratio of 17.5 and revenue of $43.59B over the last twelve months.

Valuation

Market cap
$74.63B
P/E ratio
17.5
Forward P/E
18.4
EPS, TTM
$31.68
Gekko Fair Value
$709.55

Trading

Volume
1.73M
Avg volume, 20 days
1.03M
52-week high
$774.00
52-week low
$470.06
Shares outstanding
142.1M

Financials

Revenue, TTM
$43.59B
Profit margin
10.4%
Return on equity
26.1%
Quarterly earnings growth, YoY
+2.9%

Risk and income

Beta
-0.14
Typical daily move
±3.2%
Typical 20-day move
±4.2%
Dividend yield
1.71%

Northrop Grumman peers

Northrop Grumman’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
GEGE Aerospace+0.9%Neutral9.8% above
RTXRTX+0.4%Neutral7.7% below
BABoeing0.0%Accumulation16.1% below
LMTLockheed Martin−3.2%Neutral12.7% below
GDGeneral Dynamics−1.4%Neutral3.3% below
HWMHowmet Aerospace−3.5%Neutral2.4% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Aerospace & defense

Northrop Grumman stock FAQ

What is Northrop Grumman’s market cap?

Northrop Grumman’s market cap is $74.63B at the Nov 4, 2026 close of $525.35, with 142.1M shares outstanding. The shares trade on a P/E ratio of 17.5.

What is the Northrop Grumman stock forecast?

The consensus analyst 12-month price target for Northrop Grumman is $636.00, +21.1% from the last close. Of the 16 firms that rated the stock in the last 90 days, 9 rate it a buy, 6 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.

Is Northrop Grumman stock overvalued or undervalued?

On Gekko’s estimate Northrop Grumman is undervalued: the Nov 4, 2026 close of $525.35 is 26.0% below Gekko Fair Value of $709.55. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does Northrop Grumman report earnings next?

Northrop Grumman is expected to report on Jan 26, 2027 (82 days away). Analysts expect earnings of $7.94 per share on revenue of $12.21B. Northrop Grumman beat the earnings estimate in 7 of its last 8 reports, moving 4.9% on average across the report.

What is Northrop Grumman’s 52-week high and low?

Northrop Grumman’s 52-week high is $774.00 and its 52-week low is $470.06; it closed at $525.35 on Nov 4, 2026, −8.7% over the past year.

Is Northrop Grumman stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (fair value and earnings risk), 3 as mixed (trend, gekkoindex and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See Northrop Grumman the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,460 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.