JPMorgan Chase & Co. Issues Pessimistic Forecast for Northrop Grumman (NYSE:NOC) Stock Price

Northrop Grumman (NYSE:NOC) had its price objective lowered by stock analysts at JPMorgan Chase & Co. from $635.00 to $600.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the aerospace company’s stock. JPMorgan Chase & Co.‘s price target suggests a potential upside of 10.68% from the company’s current price.

NOC has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft set a $615.00 price target on Northrop Grumman in a research report on Wednesday. Citigroup reduced their target price on Northrop Grumman from $628.00 to $587.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Raymond James Financial reissued an “outperform” rating on shares of Northrop Grumman in a research report on Monday, June 15th. Wall Street Zen lowered shares of Northrop Grumman from a “strong-buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Susquehanna dropped their price target on shares of Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a research report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Northrop Grumman currently has an average rating of “Moderate Buy” and an average price target of $655.24.

Northrop Grumman Price Performance

Shares of NYSE:NOC opened at $542.09 on Thursday. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.04 and a current ratio of 1.17. Northrop Grumman has a 52 week low of $479.02 and a 52 week high of $774.00. The firm has a market cap of $76.99 billion, a PE ratio of 17.22, a price-to-earnings-growth ratio of 3.46 and a beta of -0.10. The firm’s fifty day moving average is $535.81 and its 200-day moving average is $622.09.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 earnings per share for the quarter, beating analysts’ consensus estimates of $6.82 by $0.86. The business had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.80 billion. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.Northrop Grumman’s quarterly revenue was up 5.1% on a year-over-year basis. During the same period in the prior year, the business posted $8.15 earnings per share. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Sell-side analysts predict that Northrop Grumman will post 28.89 earnings per share for the current year.

Hedge Funds Weigh In On Northrop Grumman

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Financial Life Planners bought a new stake in Northrop Grumman in the 1st quarter valued at about $30,000. Torren Management LLC bought a new position in Northrop Grumman in the fourth quarter worth approximately $26,000. Karpus Management Inc. acquired a new stake in Northrop Grumman in the fourth quarter valued at approximately $26,000. Whipplewood Advisors LLC grew its stake in Northrop Grumman by 380.0% in the first quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock valued at $33,000 after acquiring an additional 38 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in shares of Northrop Grumman during the fourth quarter valued at approximately $29,000. Institutional investors own 83.40% of the company’s stock.

Northrop Grumman News Roundup

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Northrop Grumman’s Q2 earnings beat expectations, and the company lifted its full-year sales guidance while highlighting strong contract wins and a record backlog, reinforcing the investment case for the stock. Is Northrop Grumman (NOC) Undervalued As Earnings Beat And Guidance Rise?
• Positive Sentiment: Broader defense sector strength is helping sentiment, with defense ETFs benefiting from higher military spending, solid quarterly results across peers, and rising geopolitical tensions that could support future demand. Defense ETFs in Focus Amid Earnings, Conflict and Military Spending
• Positive Sentiment: Several articles and analyst notes say Northrop Grumman may still be undervalued or better positioned than other industrial names, which supports investor interest after the earnings report. How Much Could a $5,000 Investment in SpaceX Be Worth By 2030? Here’s Why This Industrial Stock May Be a Better Buy Today.
• Neutral Sentiment: Analysts remain mixed, with UBS reportedly sticking to a Buy rating while TD Cowen and JPMorgan lowered price targets, suggesting expectations are still being recalibrated after earnings.
• Neutral Sentiment: Northrop Grumman also drew attention for its new robotic satellite servicing vehicle and mission extension pods, which may support long-term space systems growth but are not an immediate earnings driver. Northrop Grumman’s Mission Robotic Vehicle Launched Into Space; Operations Begin In 2027

Northrop Grumman Company Profile

Northrop Grumman Corporation (NYSE: NOC) is a leading U.S.-based aerospace and defense company that designs, builds and sustains advanced systems, products and technologies for government and commercial customers. Formed through the combination of Northrop and Grumman businesses in the 1990s, the company’s portfolio spans manned and unmanned aircraft, space systems, missile defense, radar and sensor systems, and integrated command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions.

The company’s work includes airframe and platform manufacturing, space hardware and satellite systems, advanced mission systems and cybersecurity services, as well as logistics, sustainment and modernization programs.