JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Northrop Grumman (NYSE:NOC) Stock

Posted by Geri Gentry on Oct 26th, 2026

Northrop Grumman (NYSE:NOC – Get Free Report) had its price objective lifted by equities researchers at JPMorgan Chase & Co. from $600.00 to $605.00 in a note issued to investors on Monday, Benzinga reports. The brokerage presently has a “neutral” rating on the aerospace company’s stock. JPMorgan Chase & Co.‘s target price points to a potential upside of 8.20% from the stock’s previous close.

NOC has been the topic of a number of other reports. Morgan Stanley lifted their price objective on shares of Northrop Grumman from $745.00 to $765.00 and gave the company an “overweight” rating in a report on Wednesday. Citigroup lifted their price target on shares of Northrop Grumman from $617.00 to $667.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Royal Bank Of Canada boosted their price target on shares of Northrop Grumman from $525.00 to $550.00 and gave the stock a “sector perform” rating in a research report on Wednesday, October 21st. TD Cowen reduced their price objective on shares of Northrop Grumman from $590.00 to $540.00 and set a “hold” rating for the company in a research note on Friday, October 9th. Finally, Robert W. Baird set a $675.00 price objective on Northrop Grumman and gave the company an “outperform” rating in a report on Wednesday, October 21st. Fifteen research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $642.26.

View Our Latest Stock Analysis on Northrop Grumman

Northrop Grumman Stock Up 1.4%

Northrop Grumman stock traded up $7.72 during midday trading on Monday, reaching $559.16. The stock had a trading volume of 202,418 shares, compared to its average volume of 924,796. The firm’s fifty day simple moving average is $521.15 and its 200-day simple moving average is $546.89. Northrop Grumman has a 1-year low of $470.06 and a 1-year high of $774.00. The stock has a market capitalization of $79.43 billion, a P/E ratio of 17.65, a price-to-earnings-growth ratio of 3.02 and a beta of -0.11. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.14 and a current ratio of 1.23.

Northrop Grumman (NYSE:NOC – Get Free Report) last released its quarterly earnings results on Tuesday, October 20th. The aerospace company reported $7.89 earnings per share for the quarter, topping analysts’ consensus estimates of $7.18 by $0.71. Northrop Grumman had a return on equity of 23.46% and a net margin of 10.37%. The firm had revenue of $11.12 billion during the quarter, compared to the consensus estimate of $11.14 billion. During the same quarter in the prior year, the firm posted $7.67 EPS. The business’s revenue was up 6.7% on a year-over-year basis. As a group, analysts expect that Northrop Grumman will post 29.53 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Mark Welsh, III sold 95 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $547.53, for a total value of $52,015.35. Following the completion of the transaction, the director directly owned 4,393 shares in the company, valued at approximately $2,405,299.29. The trade was a 2.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Northrop Grumman

A number of institutional investors have recently modified their holdings of the business. State Street Corp grew its position in Northrop Grumman by 1.3% in the second quarter. State Street Corp now owns 13,169,195 shares of the aerospace company’s stock valued at $6,707,203,000 after acquiring an additional 168,267 shares during the last quarter. BlackRock Inc. bought a new position in shares of Northrop Grumman in the second quarter worth about $6,001,616,000. Bank of America Corp DE bought a new position in shares of Northrop Grumman in the second quarter worth about $1,298,141,000. Dimensional Fund Advisors LP lifted its holdings in shares of Northrop Grumman by 0.6% in the first quarter. Dimensional Fund Advisors LP now owns 960,690 shares of the aerospace company’s stock worth $655,373,000 after acquiring an additional 5,811 shares during the last quarter. Finally, Bessemer Group Inc. boosted its stake in shares of Northrop Grumman by 11.1% in the 1st quarter. Bessemer Group Inc. now owns 587,121 shares of the aerospace company’s stock valued at $400,557,000 after purchasing an additional 58,690 shares in the last quarter. Institutional investors and hedge funds own 83.40% of the company’s stock.

Northrop Grumman Company Profile

(Get Free Report)

Northrop Grumman Corporation (NYSE:NOC) is a global aerospace and defense company that develops and produces systems for government and commercial customers, with the U.S. government representing its primary customer base. The company operates across aerospace, defense, space, cybersecurity and advanced technology markets.

Its products and services include military aircraft and autonomous systems, space systems and satellites, missile defense technologies, command-and-control systems, cyber solutions, sensors, communications networks and other mission-critical systems.