Northrop Grumman stock enters 2027 with broader growth path
Published on 10/31/2026 at 10:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGrowth outlook broadens into 2027
- Northrop Grumman reported third-quarter revenue of USD 11.12 billion and adjusted earnings of USD 7.89 per share.
- Bernstein lifted its price target to USD 590 while keeping a Market Perform rating.
- Management expects revenue growth across all four segments in 2027.
Northrop Grumman is entering 2027 with a broader growth outlook after stronger third-quarter results and new analyst estimates. The company reported the developments on October 20, while Bernstein updated its assessment on October 27.
Results strengthen the growth case
Northrop Grumman reported third-quarter revenue of USD 11.12 billion, up 7 percent from a year earlier, while adjusted earnings reached USD 7.89 per share. The results exceeded the expectations cited by Investing.com, which also reported that the company raised its full-year earnings outlook.
Backlog growth is central to the investment case. Bernstein said total backlog increased 5 percent sequentially and 20 percent over the past 12 months. Aeronautics and Defense led the expansion, with backlog gains of 9.1 percent and 5.2 percent respectively in the third quarter.
Analysts raise long-term expectations
Bernstein raised its price target for Northrop Grumman to USD 590 from USD 556 and retained a Market Perform rating. The revised view reflects higher growth assumptions for the B-21 program, F-35 modifications and sustainment, weapons programs and the Sentinel program.
The company also provided initial 2027 guidance calling for revenue growth of 5 percent to 7 percent, with all four segments expected to grow. Management indicated that growth could accelerate further in 2028 and beyond, although the B-21 investment cycle increases execution demands.
Northrop Grumman stock on Saturday
Northrop Grumman stock traded at 499.60 euros on Lang & Schwarz at 10:24 CET on Saturday, October 31, 2026. For the real-time quote of Northrop Grumman stock, investors should distinguish the German euro quotation from the company's US listing.
Northrop Grumman Corporation
- ISIN: US6668071029
- US ticker: NOC
- Latest quotation: 499.60 euros at Lang & Schwarz, October 31, 2026, 10:24 CET
- Third-quarter revenue: USD 11.12 billion
- Adjusted third-quarter earnings: USD 7.89 per share
- Bernstein price target: USD 590
The broader US equity market is tracked through the S&P 500.
