40.7% Below Target

The consensus Wall Street price target for NOC is $733.92, representing 40.7% upside from the current price of $521.5. With 35 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.

NOC has a consensus rating of "Buy" based on 35 Wall Street analysts. The rating breakdown is predominantly bullish, with 20 Buy/Strong Buy ratings. The consensus 12-month price target of $733.92 implies 40.7% upside from current levels.

With a forward P/E of 18.6693x, NOC trades at a relatively low valuation. The consensus target of $733.92 implies 40.7% appreciation, suggesting meaningful undervaluation.

The most bullish Wall Street analyst has a price target of $815 for NOC, while the most conservative target is $620. The consensus of $733.92 represents the median expectation. Our quantitative valuation model projects a bull case target of $823 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.

NOC is heavily covered by Wall Street, with 35 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 20 have Buy ratings, 14 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.

The 12-month NOC stock forecast based on 35 Wall Street analysts shows a consensus price target of $733.92, with estimates ranging from $620 (bear case) to $815 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $625, with bear/bull scenarios of $394/$823.

Our quantitative valuation model calculates NOC's fair value at $625 (base case), with a bear case of $394 and bull case of $823. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 53/100.

NOC trades at a forward P/E ratio of 18.7x based on next-twelve-months earnings estimates compared to a trailing P/E of 17.9x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.

Wall Street analysts are very optimistic on NOC, with a "Buy" consensus rating and $733.92 price target (40.7% upside). 20 of 35 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.

NOC analyst price targets range from $620 to $815, a 27% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $733.92 consensus represents the middle ground. Our model's $394-$823 range provides an independent fundamental perspective.