Northrop Grumman stock gains on Guggenheim's Buy call

Published on 09/15/2026 at 16:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Northrop Grumman stock got a Buy call from Guggenheim on September 15, 2026, with a USD 612 target. The shares closed at USD 527.90 and carry a USD 74.98 billion market value.

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Northrop Grumman stock (ISIN US6668071029) gained after CNBC reported on September 15, 2026, that Guggenheim started coverage with a Buy rating and a USD 612 target price. The call implies about 16.0 percent upside from the latest close on the primary exchange.

Price still below target

MarketBeat listed Northrop Grumman at USD 527.90 on the NYSE at the close on September 15, 2026, after a gain of USD 8.93, or 1.72 percent. The same page showed a 52-week range of USD 479.02 to USD 774.00, a market capitalization of USD 74.98 billion and volume of 853,552 shares.

For context, MarketBeat also showed a consensus price target of USD 662.25 and a consensus rating of Moderate Buy, which leaves the shares about 25.5 percent below that average target. The stock started 2026 at USD 570.66, so the year-to-date move is still negative by 7.7 percent.

Q2 still matters

Northrop Grumman's most recent quarter, as summarized by Yahoo Finance, brought revenue of USD 10.88 billion in Q2 2026, up 5.1 percent year on year, and management beat analysts' expectations by 0.5 percent. MarketBeat said the company posted EPS of USD 7.68 for the quarter, above the USD 6.82 consensus estimate by USD 0.86.

That combination leaves investors balancing a higher target from Guggenheim with a stock that still trades at 16.77 times earnings and at 1.87 percent dividend yield on the latest MarketBeat snapshot. The market is already pricing a large part of the defense story into Northrop Grumman, but the Q2 beat and the new Buy call both keep the valuation debate alive.

What investors watch

Northrop Grumman's next earnings date is listed by MarketBeat as October 20, 2026, and the page also notes a September 17, 2026 appearance at Morgan Stanley's 14th Annual Laguna Conference. On September 15, 2026, the shares were last quoted at USD 527.90 on the NYSE, with a market value of USD 74.98 billion.