Northrop Grumman raises 2026 guidance and Northrop Grumman stock costs EUR 482.50
Published on 10/22/2026 at 11:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGuidance and backlog shape outlook
- Northrop Grumman lifted 2026 adjusted earnings guidance to USD 29.35-29.75 on October 20, 2026.
- Backlog reached USD 109.60 billion in the third quarter of 2026.
- Northrop Grumman stock traded at EUR 482.50 at 11:37 a.m. CEST at Lang & Schwarz on October 22, 2026.
Northrop Grumman (ISIN US6668071029) reported third-quarter sales of USD 11.10 billion and raised its 2026 adjusted earnings guidance on October 20, 2026. The defense contractor also ended the quarter with a USD 109.60 billion backlog, giving the stock a fresh operational benchmark.
Guidance moves higher
According to the company release dated October 20, 2026, Northrop Grumman increased its 2026 MTM-adjusted earnings guidance to USD 29.35-29.75 per share from USD 28.60-29.10. Segment operating income guidance rose to USD 4.94-5.04 billion from USD 4.85-5.00 billion, while sales guidance stayed at USD 43.75-44.25 billion.
The third-quarter result supplied the trigger for that change. Northrop Grumman reported diluted earnings per share of USD 7.89, compared with USD 7.67 in the third quarter of 2025, while sales increased 7.00 percent from USD 10.40 billion.
Three dated stock catalysts
The recent chronology is clear: on October 20, 2026, Northrop Grumman reported USD 11.10 billion in third-quarter sales; on the same date, its backlog stood at USD 109.60 billion; on October 21, 2026, BNP Paribas Exane raised its price target from USD 540.00 to USD 600.00 and kept an outperform rating, according to MarketBeat.
What does the backlog mean?
The backlog was 20.00 percent higher than the USD 91.30 billion reported for the comparable prior-year period, according to Yahoo Finance. Net awards totaled USD 16.40 billion and the book-to-bill ratio was 1.50, supporting management's initial 2027 sales-growth outlook of 5.00 to 7.00 percent.
The next dated reporting event listed for Northrop Grumman is January 28, 2027, according to TradingView.
Stock price and valuation context
On the NYSE, Northrop Grumman was last at USD 539.31 on October 21, 2026 at 4:00 p.m. ET. Its market capitalization was USD 76.6 billion, and its 52-week range was USD 470.06 to USD 774.00. Higher capital spending for B-21 production and other capacity projects remains a stated execution consideration in the 2027 outlook.
Northrop Grumman stock was trading at EUR 482.50 at Lang & Schwarz on October 22, 2026 at 11:37 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Northrop Grumman stock.
Northrop Grumman stock facts
- Company: Northrop Grumman Corporation
- ISIN: US6668071029
- Ticker: NOC
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 22, 2026, 11:37 a.m. CEST): EUR 482.50
- Market capitalization: USD 76.6 billion (as of October 21, 2026)
- 52-week range: USD 470.06-774.00 (as of October 21, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Next earnings date: January 28, 2027
Market context: Market report S&P 500.
