Northrop Grumman (NOC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Northrop Grumman (NOC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Northrop Grumman is rated 'HOLD' due to significant overvaluation versus historical and sector norms. NOC's current 25x P/E is not justified by its 6-7% AEPS growth and 1.37% dividend, given sector headwinds and contract risks. MTM accounting increases volatility and obscures long-term financial health, especially amid cost overruns like the B-21 Raider program.
Northrop Grumman is rated Buy with a $754.75 price target, driven by B-21 Raider production ramp and defense supercycle tailwinds. B-21 Raider's recent 25% production increase is not reflected in guidance, setting up likely upward revisions as margins recover post-LRIP phase. Sentinel ICBM overruns are a margin risk, but continued congressional funding and necessity make cancellation highly unlikely.
One of the world's foremost defense and aerospace names, Northrop Grumman ( NYSE:NOC ) has been one of the strongest-performing large-cap defense stocks of 2026, with shares up 29.07% year to date to around $735.
Bank of Nova Scotia raised its holdings in Northrop Grumman Corporation (NYSE: NOC) by 96.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 93,795 shares of the aerospace company's stock after buying an additional 46,022 shares during the quarter. Bank of
Banco Bilbao Vizcaya Argentaria S.A. reduced its stake in Northrop Grumman Corporation (NYSE: NOC) by 8.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 20,095 shares of the aerospace company's stock after selling 1,925 shares during the period.
Aquatic Capital Management LLC purchased a new position in shares of Northrop Grumman Corporation (NYSE: NOC) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 14,224 shares of the aerospace company's stock, valued at approximately $8,667,000. Several other hedge funds and
Game Creek Capital LP reduced its stake in shares of Northrop Grumman Corporation (NYSE: NOC) by 49.0% during the undefined quarter, according to its most recent filing with the SEC. The firm owned 3,700 shares of the aerospace company's stock after selling 3,550 shares during the period. Game Creek Capital LP's holdings in
With three consecutive earnings beats after a $477M B-21 loss provision shook investor confidence, and now Northrop Grumman (NYSE:NOC) has a signed Air Force contract to back up what had been an earnings-call promise.
NOC wins a $225.1M Naval Air Systems Command contract to develop training materials for the E-130J program, boosting its position in the growing military training market.