Are Wall Street Analysts Predicting Northrop Grumman Stock Will Climb or Sink?

Valued at around $75 billion by market cap, Northrop Grumman Corporation (NOC) operates in the aerospace and defense industry. The Falls Church, Virginia-based company specializes in providing advanced technology solutions across multiple domains, including autonomous systems, cyber, C4ISR, strike, logistics, and space systems, serving customers globally.

Shares of the defense contractor have lagged behind the broader market over the past 52 weeks. NOC has gained 17.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 28.3%. In 2024, shares of NOC are up 7.9%, compared to SPX's 17.6% gain on a YTD basis.