Bernstein cuts target for Northrop Grumman stock to USD 556
Published on 10/16/2026 at 10:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets, results and reporting date
- Bernstein lowered its Northrop Grumman target from USD 620 to USD 556 on October 14, 2026.
- Second-quarter revenue reached USD 10.88 billion, up 5.10 percent year over year.
- Northrop Grumman stock traded at EUR 444.45 at 10:04 a.m. CEST at Lang & Schwarz on October 16, 2026.
- Northrop Grumman is scheduled to report third-quarter results on October 20, 2026.
Northrop Grumman stock (ISIN US6668071029) was trading at EUR 444.45 at Lang & Schwarz on October 16, 2026 at 10:04 a.m. CEST. Bernstein lowered its price target for the defense contractor from USD 620 to USD 556 on October 14, 2026, while keeping its Market Perform rating, according to Markets Insider.
What matters before October 20?
The next scheduled result is Northrop Grumman's third-quarter 2026 report on October 20, 2026. The company's investor-relations calendar lists a 9:30 a.m. EDT earnings conference call for that date, according to Northrop Grumman.
Analysts surveyed in an October 14 preview expected third-quarter revenue of USD 11.06 billion, representing 6.10 percent growth from the comparable period, while forecast earnings per share stood at USD 7.26, according to Yahoo Finance. The figures give the upcoming report a clear test: revenue growth must continue while profitability remains under scrutiny.
Three target changes shape expectations
The recent analyst chronology shows a shift toward more cautious valuation. Guggenheim initiated coverage with a USD 612 target on September 15, 2026, according to Benzinga. RBC downgraded the stock to Sector Perform and cut its target to USD 525 from USD 640 on October 2, 2026, as reported by Yahoo Finance. Bernstein's cut to USD 556 on October 14, 2026 is the latest dated change.
Second-quarter growth had a cost
Northrop Grumman generated USD 10.88 billion in second-quarter 2026 revenue, up 5.10 percent year over year, while diluted earnings per share reached USD 7.68. The finance data show operating profit of USD 1.10 billion and net income of USD 1.09 billion for the quarter. The combination points to solid demand with execution and margin questions still relevant before the next report.
Stock price and company profile
Northrop Grumman's primary listing is on the NYSE, where the stock was last quoted at USD 499.63 on October 15, 2026 at 4:00 p.m. ET. Its 52-week range was USD 470.06 to USD 774.00, and market capitalization stood at USD 71.0 billion on October 15, 2026. At Lang & Schwarz, the euro quote was EUR 444.45 on October 16, 2026 at 10:04 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Northrop Grumman stock.
Northrop Grumman stock facts
- Company: Northrop Grumman Corporation
- ISIN: US6668071029
- Ticker: NOC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 16, 2026, 10:04 a.m. CEST): EUR 444.45
- Market capitalization: USD 71.0 billion (as of October 15, 2026)
- 52-week range: USD 470.06-774.00 (as of October 15, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: S&P 500
Market context: Market report S&P 500.
