Key facts, as of
As of September 29, 2026, Northrop Grumman (NOC) trades at $504.61, down 15.0% over the past year. Its 52-week range runs from $479.02 to $774.00; the price is 34.8% below that high. It sits 15.8% below its 200-day average of $599.64, the usual sign of a long-term downtrend. Its 30-day volatility is 19.1% annualized, which we rate medium risk. It has a trailing P/E of 16.0 and a dividend yield of 1.95%.
Cite: Portfolio Terminal, "Northrop Grumman (NOC) stock analysis", 2026-09-29. https://portfolio-terminal.com/analyse/noc
Where it trades today
trading 9% of the way up its 52-week range
How the price has moved
What to weigh before acting
What Matters Now
- Order-book quality, backlog conversion, and operating leverage usually tell you more than a single quarter of revenue growth.
- NOC is valued near its sector range at 16.0x earnings versus 18.5x for peers, so the next move likely needs a real earnings or guidance catalyst.
- NOC carries a beta of -0.11, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
- NOC remains in a bearish short-term trend and sits 34.8% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- NOC is more useful for investors comparing conviction names inside industrials than for someone looking for a passive “set and forget” holding.
- The beta profile suggests it can fit a quality or lower-volatility sleeve more naturally than a high-octane tactical basket.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- The view would need revisiting if peers such as CAT, HON start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for NOC come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Industrials so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as CAT, HON.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for NOC. Last refresh: Sep 29, 2026, 10:33 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as CAT, HON.
What Northrop Grumman does
Northrop Grumman Corporation operates as an aerospace and defense technology company in the United States, Asia/Pacific, Europe, and internationally. It operates through four segments: Aeronautics Systems, Defense Systems, Mission Systems and Space Systems. The Aeronautics Systems segment designs, develops, produces, integrates, sustains, and modernizes aircraft systems. This segment also offers unmanned autonomous aircraft systems, including high-altitude long-endurance strategic, surveillance and reconnaissance systems; and strategic long-range strike aircraft, tactical fighter and air dominance aircraft, and airborne battle management and command and control systems. Its Defense Systems…
Employees
95,000
Industry
Aerospace & Defense
Headquarters
Falls Church, United States
What analysts expect
NOC carries a buy consensus from 22 analysts, with an average price target of $644.45 versus $504.61 today (+27.7%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
NOC generated $42.89B in trailing revenue (5.1% year over year), with a 10.5% net margin, and $2.48B of free cash flow, against $14.75B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $41.95B | $8.31B | $4.28B | $4.18B | $29.14 | $3.31B |
| 2024 | $41.03B | $8.36B | $4.37B | $4.17B | $28.39 | $2.62B |
| 2023 | $39.29B | $6.55B | $2.54B | $2.06B | $13.57 | $2.10B |
| 2022 | $36.60B | $7.47B | $3.60B | $4.90B | $31.61 | $1.47B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
How it sits in industrials
Manufacturing, aerospace, defense, and infrastructure companies.
The companies it competes with
NOC beside the industrials names it is usually measured against.
What the chart is saying
In a downtrend, below both moving averages.
downtrend- Price is 6.7% below its 50-day average and 15.8% below its 200-day.
- The 50-day crossed below the 200-day on 2026-05-29 (a “death cross”).
- RSI at 35 is neither stretched nor washed out.
- The nearest ceiling is $516.15 (+2.3%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is NOC a good buy right now?
Northrop Grumman trades at 16.0x earnings. This is near market average. Current risk level is Medium based on 19.1% volatility.
Does NOC pay dividends?
Yes, Northrop Grumman offers a dividend yield of 1.95%. That is roughly $9.84 per share a year.
How volatile is NOC?
With 30-day annualized volatility of 19.1% and beta of -0.11, NOC is classified as Medium risk. The stock tends to be more stable than the market average.
What is the analyst price target for NOC?
The average analyst price target for Northrop Grumman (NOC) is $644.45 based on 22 analyst estimates, about 27.7% above the current price of $504.61. The published range runs from $538.00 to $815.00.
How much revenue does NOC generate?
Northrop Grumman reported $42.89B in trailing twelve-month revenue. Revenue growth is running at 5.1% year over year. Net margin sits at 10.5%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare NOC with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.