Northrop Grumman (NOC) Projected to Announce Earnings on Tuesday

Northrop Grumman (NYSE:NOC) is expected to be announcing its Q3 2026 results before the market opens on Tuesday, October 20th. Analysts expect the company to post earnings of $7.18 per share and revenue of $11.14 billion for the quarter. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. Individuals may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, October 20, 2026 at 9:30 AM ET.

Northrop Grumman (NYSE:NOC) last announced its quarterly earnings data on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, topping analysts’ consensus estimates of $6.82 by $0.86. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%. The business had revenue of $10.88 billion during the quarter, compared to the consensus estimate of $10.80 billion. During the same period in the previous year, the company posted $8.15 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, analysts expect Northrop Grumman to post $28.96 EPS for the current fiscal year and $30.44 EPS for the next fiscal year.

Northrop Grumman Stock Up 4.1%

NOC stock opened at $519.98 on Friday. The company’s 50 day moving average price is $525.17 and its 200 day moving average price is $553.31. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.06 and a current ratio of 1.17. Northrop Grumman has a fifty-two week low of $470.06 and a fifty-two week high of $774.00. The firm has a market capitalization of $73.85 billion, a price-to-earnings ratio of 16.52, a PEG ratio of 3.05 and a beta of -0.11.

Northrop Grumman Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 16th. Investors of record on Monday, August 31st were paid a $2.47 dividend. The ex-dividend date was Monday, August 31st. This represents a $9.88 dividend on an annualized basis and a yield of 1.9%. Northrop Grumman’s payout ratio is currently 31.39%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. BNP Paribas Exane decreased their price target on shares of Northrop Grumman from $640.00 to $540.00 and set an “outperform” rating for the company in a research note on Tuesday, October 6th. Jefferies Financial Group dropped their price objective on shares of Northrop Grumman from $620.00 to $580.00 and set a “hold” rating on the stock in a research report on Friday, June 26th. Susquehanna dropped their price objective on shares of Northrop Grumman from $785.00 to $655.00 and set a “positive” rating on the stock in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $615.00 price objective on shares of Northrop Grumman and gave the company a “buy” rating in a report on Wednesday, July 22nd. Finally, Barclays initiated coverage on shares of Northrop Grumman in a research report on Thursday, October 8th. They set an “underweight” rating and a $419.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $641.91.

Insider Activity at Northrop Grumman

In other news, Director Mark Welsh, III sold 95 shares of the firm’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $547.53, for a total transaction of $52,015.35. Following the sale, the director owned 4,393 shares of the company’s stock, valued at approximately $2,405,299.29. This trade represents a 2.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.21% of the company’s stock.

Key Headlines Impacting Northrop Grumman

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: Northrop Grumman’s LITEF unit signed a long-term agreement to supply inertial reference systems for Vertical Aerospace’s Valo electric vertical takeoff and landing aircraft. The deal expands NOC’s presence in the emerging urban-air-mobility market and adds potential longer-term commercial aerospace revenue. Northrop Grumman Wins Long Term eVTOL Avionics Deal
• Positive Sentiment: Investors may also be attracted by NOC’s valuation after the shares declined more than 11% this year through October 15. The stock trades below its historical valuation multiples and the defense-sector median, creating a potential “buy-the-dip” argument if earnings remain resilient. Northrop Grumman Trades Below Its History and Peers
• Neutral Sentiment: Sell-side sentiment remains generally constructive, with brokerages assigning a “Moderate Buy” consensus, while RBC Capital maintained a Hold rating. This suggests analysts see value but may want clearer evidence of program execution and growth before becoming more bullish. Northrop Grumman Rated Moderate Buy RBC Capital Keeps Hold Rating
• Negative Sentiment: The U.S. Air Force selected Anduril and General Atomics—not Northrop Grumman—to produce its Collaborative Combat Aircraft. NOC is continuing development of its YFQ-48A Talon Blue and remains involved as a software provider, but the lost hardware award raises concerns about future investment returns, potential development costs, and growth in next-generation drone revenue. USAF Does Not Want Northrop Grumman’s Stealth Drone

About Northrop Grumman

Northrop Grumman Corporation (NYSE:NOC) is a global aerospace and defense company that develops and produces systems for government and commercial customers, with the U.S. Department of Defense and other government agencies representing its primary markets. Its work spans advanced aircraft, autonomous systems, space systems, missile defense, command and control, cybersecurity, and other mission-critical technologies.

The company’s offerings include strategic and tactical aircraft, unmanned aerial vehicles, aircraft systems, satellites, spacecraft, launch vehicles, missile-warning and missile-defense systems, secure communications, and cyber and information systems.