Summary Highlights:
- Northrop Grumman CEO Kathy Warden urges increased U.S. defense spending amid rising competition from China.
- Wall Street analysts project a 17.27% upside potential for Northrop Grumman Corp with an average target price of $543.06.
- GuruFocus estimates a 20.47% upside based on GF Value assessment for Northrop Grumman Corp.
Northrop Grumman's (NOC, Financial) CEO Kathy Warden is advocating for higher U.S. defense budgets, emphasizing the strategic need to counteract growing competitive pressures from China. Addressing attendees at a recent summit, Warden detailed ongoing discussions with the Trump administration regarding a potential contract for a new missile defense system, tentatively named "Golden Dome."
Wall Street Analysts' Predictions
With insights from 21 analysts, Northrop Grumman Corp (NOC, Financial) is positioned with an average price target of $543.06. This forecast presents a promising high estimate of $600.00 and a conservative low of $477.00, projecting a notable upside of 17.27% from its current trading price of $463.07. For a deeper dive into the estimate data, visit the Northrop Grumman Corp (NOC) Forecast page.
Further emphasizing its strong market position, Northrop Grumman Corp receives an "Outperform" consensus rating from 25 brokerage firms, with a current average brokerage recommendation of 2.3 on a scale where 1 indicates a Strong Buy and 5 suggests a Sell.
GuruFocus Valuation Insights
Leveraging GuruFocus estimates, Northrop Grumman Corp (NOC, Financial) is expected to reach a GF Value of $557.85 within the next year, reflecting an optimistic upside of 20.47% compared to its present value of $463.07. The GF Value offers an estimation of the fair market price based on historical trading multiples, past business performance, and anticipated future growth. For a comprehensive overview, consult the Northrop Grumman Corp (NOC) Summary page.
