Not a good buy right now for an impatient investor: price is pushing into near-term resistance (R1 ~$705) with momentum starting to cool (MACD histogram still >0 but contracting).
Despite strong fundamentals and broadly bullish Street view, short-term setup looks more “buy-the-dip” than “buy-the-breakout,” and there is no Intellectia timing signal supporting an immediate entry.
Best call today: Hold / wait for a pullback toward ~$677 (pivot) or better risk/reward near ~$649 (S1); otherwise you’re buying close to resistance with elevated options-implied uncertainty.
Put/Call (Volume) 0.56 → today’s flow leans more bullish (more calls traded than puts).
Volatility: 30D IV 30.53 vs HV 34.85 (IV < HV) but IV percentile 91.63 → options are priced with unusually high implied uncertainty versus its own recent history.
Activity: today volume 1310 (55% of 30D average) and open interest **27.9k** (near typical) → sentiment signal is more about skew/IV than unusual activity.
Technical Summary
Sell
3
Buy
10
Positive Catalysts
New contract win: $249M military sales contract running through 2033 supports backlog durability.
Demand/backlog narrative remains strong (recent commentary includes record backlog and multiple potential award tailwinds).
Recent trend: broad-based price target raises after Q4, with many firms reiterating Buy/Outperform/Overweight; a couple remain Hold despite lifting targets.
Notable raises: BTIG to $815 (Buy); Citi to $781 (Buy); UBS to $778 (Buy); Deutsche Bank to $765 (Buy); Morgan Stanley to $765 (Overweight); RBC to $750 (Outperform); BofA to $750 (Buy); Seaport to $772 (Buy).
Holds: Jefferies Hold with PT $690 (now slightly below current price), TD Cowen Hold with PT $720.
Wall Street “pros”: accelerating growth setup into 2H FY26/2027, backlog strength, multiple award upside options.
Wall Street “cons”: guidance/EPS conservatism and segment softness (Mission Systems) temper near-term upside and can justify waiting for a better entry.
Wall Street analysts forecast NOC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOC is 684.08 USD with a low forecast of 630 USD and a high forecast of 770 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
Wall Street analysts forecast NOC stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for NOC is 684.08 USD with a low forecast of 630 USD and a high forecast of 770 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Buy
3 Hold
0 Sell
Strong Buy
Current: 696.500
Low
630
Averages
684.08
High
770
Current: 696.500
Low
630
Averages
684.08
High
770
Jefferies
Hold
maintain
$630 -> $690
AI Analysis
2026-02-01
Reason
Jefferies
Price Target
$630 -> $690
AI Analysis
2026-02-01
maintain
Hold
Reason
Jefferies raised the firm's price target on Northrop Grumman to $690 from $630 and keeps a Hold rating on the shares. The firm views the company's Q4 report as solid.
Deutsche Bank
Scott Deuschle
Buy
maintain
$700 -> $765
2026-01-29
Reason
Deutsche Bank
Scott Deuschle
Price Target
$700 -> $765
2026-01-29
maintain
Buy
Reason
Deutsche Bank analyst Scott Deuschle raised the firm's price target on Northrop Grumman to $765 from $700 and keeps a Buy rating on the shares following the Q4 report.
Unlock Full Analyst Thesis， Get the complete breakdown of rating reason for NOC
