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NOC is expanding its global defense reach as allied spending rises, with international sales climbing and a $10B annual target by 2031.
Northrop Grumman trades below its 5-year average valuation as growth is set to accelerate, presenting a compelling entry point. NOC's backlog reached a record $105 billion, with multi-year missile contracts and capacity investments poised to drive margin expansion. Guidance was raised after strong Q2 earnings; I expect EBITDA of $6.6B in 2026 and over $7B in 2027, supporting a $725/share fair value.
Northrop Grumman (NOC) reported earnings 30 days ago. What's next for the stock?
NOC is expanding its military training footprint with LVC, immersive and electromagnetic simulation tools for complex missions.
Northrop Grumman is expanding its JADC2 presence with secure communications, networking and battle management technologies supporting multi-domain operations.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
High above the Earth, a new generation of robots designed to keep satellites working longer is replacing its predecessor — quite literally.
Northrop Grumman earns a BUY rating, driven by its indispensable role in the US nuclear triad and robust Q2 2026 performance. NOC secured a $7.6 billion Sentinel backlog and accelerated B-21 Raider production, ensuring long-term, stable cash flows despite short-term margin impacts. Relative valuation methods indicate 30–72% upside potential for NOC, with a strong backlog and operational execution de-risking future earnings.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.