Top Wall Street Forecasters Revamp Northrop Grumman Expectations Ahead Of Q3 Earnings

Northrop Grumman Corporation (NYSE:NOC) will release its third quarter earnings report before the opening bell on Tuesday, Oct. 20.

Analysts expect the Falls Church, Virginia-based company to report quarterly earnings of $7.16 per share, down from $7.67 per share in the year-ago period. The consensus estimate for NOC’s quarterly revenue is $11.12 billion. It reported $10.42 billion last year, according to Benzinga Pro.

On Sept. 29, Northrop Grumman received $18.8 million U.S. Army contract to produce, integrate solid fuel ramjet propulsion technology for integration into XRC missile prototypes.

Shares of Northrop Grumman rose 1.2% to trade at $487.15 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• TD Cowen analyst Gautam Khanna maintained a Hold rating and cut the price target from $590 to $540 on Oct. 9, 2026. This analyst has an accuracy rate of 69%.
• RBC Capital analyst Ken Herbert downgraded the stock from Outperform to Sector Perform and cut the price target from $640 to $525 on Oct. 2, 2026. This analyst has an accuracy rate of 73%.
• Guggenheim analyst Michael Ciarmoli initiated coverage on the stock with a Buy rating and a price target of $612 on Sept. 15, 2026. This analyst has an accuracy rate of 84%.
• UBS analyst Gavin Parsons maintained a Buy rating and raised the price target from $685 to $704 on Sept. 8, 2026. This analyst has an accuracy rate of 59%.
• JP Morgan analyst Seth Seifman maintained a Neutral rating and cut the price target from $635 to $600 on July 23, 2026. This analyst has an accuracy rate of 80%.

Considering buying NOC stock? Here’s what analysts think:

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