Northrop Grumman Corp /De/ (NOC) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Northrop Grumman Corp /De/ (NOC) stock forecast summary
On Oct. 16, 2026, NOC is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5172 stocks scored that day.
Northrop Grumman Corp /De/ is a large-cap company with a market capitalization of $73.85B. It ranks number 1 by market capitalization among the 10 Search, Detection, Navigation, Guidance, Aeronautical Sys issuers in our coverage with a current forecast. Its ROE of 25.1% is the highest of the 9 peers that report one. Its Current Ratio of 1.17x is the lowest of the 10 peers that report one.
For NOC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 52.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 13.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How NOC ranks among 5172 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Northrop Grumman Corp /De/ (NOC) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Search, Detection, Navigation, Guidance, Aeronautical Sys peers listed below that report each metric.
Valuation & Market
| Metric | NOC | Rank |
|---|---|---|
| Market Cap | $73.85B | 1/10 |
| P/E Ratio | 16.54x | 6/6 |
| P/B Ratio | 4.13x | 4/9 |
| Dividend Yield | 1.82% | – |
| EPS | $31.43 | – |
| Book Value/Share | $125.89 | – |
| Revenue/Share | $301.92 | – |
| FCF/Share | $25.66 | – |
Profitability & Margins
| Metric | NOC | Rank |
|---|---|---|
| ROE | 25.1% | 1/9 |
| ROA | 8.9% | 2/10 |
| ROIC | 12.3% | 3/9 |
| Operating Margin | 10.7% | 4/10 |
| Net Margin | 10.5% | 4/10 |
| EBT Margin | 12.3% | 4/10 |
| Tax Rate | 14.5% | – |
Financial Health
| Metric | NOC | Rank |
|---|---|---|
| Current Ratio | 1.17x | 10/10 |
| Quick Ratio | 1.06x | 7/8 |
| D/E Ratio | 1.84x | 1/9 |
| Financial Leverage | 2.84x | 1/9 |
| Working Capital | $2.25B | 2/10 |
Cash Flow
| Metric | NOC | Rank |
|---|---|---|
| Operating Cash Flow | $5.08B | 1/10 |
| Free Cash Flow | $3.65B | 1/10 |
| Capital Spending | -$1.43B | 10/10 |
| OCF Growth YoY | 70.9% | 1/7 |
| FCF Growth YoY | 178.8% | 1/7 |
| FCF/Sales | 8.5% | 6/9 |
| CapEx/Sales | 3.3% | 4/9 |
Operational Efficiency
| Metric | NOC | Rank |
|---|---|---|
| Asset Turnover | 0.84x | 3/9 |
| Receivables Turnover | 18.6x | 1/9 |
| Fixed Assets Turnover | 4.2x | 7/8 |
| Days Sales Outstanding | 20 days | 9/9 |
Income Statement
| Metric | NOC | Rank |
|---|---|---|
| Total Revenue | $42.89B | 1/9 |
| Operating Income | $4.60B | 1/10 |
| Net Income | $4.50B | 1/10 |
Dividend & Shareholder Information
| Metric | NOC | Rank |
|---|---|---|
| Dividends Per Share | $9.45 | – |
| Payout Ratio | 30.1% | – |
| Shares Outstanding | 142M | – |
| Net Income Growth | 14.0% | 4/7 |
| EPS Growth | 15.8% | 4/6 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $15.59B | 30.7% of assets |
| Cash & Short-term Investments | $2.31B | 4.5% of assets |
| Accounts Receivable | $2.31B | 4.6% of assets |
| Inventory | $1.42B | 2.8% of assets |
| Total Liabilities | $32.88B | 64.8% of assets |
| Short-term Debt | $10.45B | 20.6% of assets |
NOC quarterly financials and insider trading
Northrop Grumman Corp /De/ (NOC) industry peers
Companies classified under the same SEC industry code as Northrop Grumman Corp /De/ (Search, Detection, Navigation, Guidance, Aeronautical Sys): 10 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| NOC Northrop Grumman Corp /De/ | ▶ | $73.85B |
| GRMN Garmin Ltd | ▼ | $54.78B |
| LHX L3harris Technologies, Inc. /De/ | ▼ | $46.28B |
| TDY Teledyne Technologies Inc | ▼ | $28.68B |
| DRS Leonardo Drs, Inc. | ▶ | $9.45B |
| LUNR Intuitive Machines, Inc. | ▶ | $1.86B |
| NN Nextnav Inc. | ▲ | $1.62B |
| AERG Applied Energetics, Inc. | ▶ | $196M |
| CODA Coda Octopus Group, Inc. | ▲ | $112M |
| MIND Mind Technology, Inc | ▲ | $39M |
Where NOC sits on the market map
Northrop Grumman Corp /De/ (NOC) stock news
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Northrop Grumman Corp /De/ (NOC) stock forecast FAQ
What is the Northrop Grumman Corp /De/ (NOC) stock forecast?
On Oct. 16, 2026, NOC is rated Neutral: its 90-day Alpha forecast sits in the middle 30% of the 5172 stocks scored that day.
How accurate are Northrop Grumman Corp /De/ stock predictions?
For NOC, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 52.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 13.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Northrop Grumman Corp /De/ forecasts updated?
Northrop Grumman Corp /De/ forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Northrop Grumman Corp /De/'s industry peers?
10 issuers in our coverage, NOC included, share the SEC industry code Search, Detection, Navigation, Guidance, Aeronautical Sys. The largest are: Garmin Ltd (GRMN), L3harris Technologies, Inc. /De/ (LHX), Teledyne Technologies Inc (TDY), Leonardo Drs, Inc. (DRS), Intuitive Machines, Inc. (LUNR), Nextnav Inc. (NN).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.