Northrop Grumman stock: Raises 2026 earnings guidance for Northrop Grumman stock to USD 29.75

Published on 10/20/2026 at 15:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Northrop Grumman reported USD 11.12 billion in third-quarter sales, up 7.00 percent. Northrop Grumman stock costs EUR 479.00 on October 20, 2026.

Adjusted earnings outlook raised

Northrop Grumman raised its 2026 adjusted earnings guidance to USD 29.35-29.75 on October 20, 2026.
Third-quarter sales reached USD 11.12 billion, up 7.00 percent from the prior-year quarter.
Northrop Grumman stock costs EUR 479.00 at Lang & Schwarz on October 20, 2026 at 3:32 p.m. CEST.

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Northrop Grumman (ISIN US6668071029) raised its 2026 adjusted earnings guidance to USD 29.35-29.75 on October 20, 2026. According to Northrop Grumman, the new range is above the prior USD 28.60-29.10 outlook. The stock was trading at EUR 479.00 at Lang & Schwarz on October 20, 2026 at 3:32 p.m. CEST.

Sales growth supports the raise

Northrop Grumman reported third-quarter 2026 sales of USD 11.12 billion, up 7.00 percent from USD 10.42 billion in the third quarter of 2025. GAAP net earnings reached USD 1.124 billion, compared with USD 1.100 billion a year earlier, while diluted earnings per share rose to USD 7.89 from USD 7.67.

The release also listed USD 16.40 billion of net awards and USD 109.60 billion of backlog for September 30, 2026. Aeronautics Systems sales increased 14.00 percent to USD 3.575 billion, while Defense Systems sales rose 12.00 percent to USD 2.307 billion.

Margin and valuation remain central

Operating margin was 11.40 percent in the third quarter of 2026, down from 11.90 percent in the prior-year quarter. Investing.com reported that the company kept its 2026 sales outlook at USD 43.75-44.25 billion while lifting adjusted earnings guidance, a combination that puts profitability ahead of top-line expansion in the immediate reading.

On the NYSE, Northrop Grumman was at USD 536.71 on October 20, 2026 at 9:39 a.m. ET, with a market capitalization of USD 76.2 billion and a trailing price-to-earnings ratio of 16.91. Its 52-week range was USD 470.06-774.00. Lockheed Martin was at USD 557.48 with a 1.69 percent daily gain, a 20.59 price-to-earnings ratio and a USD 128.7 billion market capitalization. General Dynamics was at USD 345.39, up 1.16 percent, with a 21.05 price-to-earnings ratio and a USD 93.4 billion market capitalization.

Cash flow adds another data point

Northrop Grumman generated USD 1.745 billion in operating cash flow during the third quarter of 2026, up from USD 1.557 billion in the third quarter of 2025. Adjusted free cash flow reached USD 1.810 billion, a 44.00 percent increase from USD 1.256 billion in the prior-year quarter, according to the company release.

Results call follows the release

The company scheduled its third-quarter earnings call for 9:30 a.m. ET on October 20, 2026. The release identified risks including government funding, contract cost growth, labor constraints and supply-chain pressure, which remain relevant to how the higher earnings outlook converts into future margins.

Stock position and next steps

The current euro quote places Northrop Grumman in the upper half of its validated primary-market range when converted at the October 20, 2026 exchange relationship. The reported backlog and guidance range give investors two concrete measures for weighing sales visibility against margin execution.

The further course of trading is shown by the continuously updated real-time quote of Northrop Grumman stock.