NOC

Over the past six months, Northrop Grumman's stock price has been significantly impacted by several events. In April 2026, the stock declined approximately 17% following its Q1 2026 earnings release due to concerns over higher-than-expected cash burn, increased capital expenditures, and a charge in the Space Systems segment. On September 29, 2026, the company lost the U.S. Navy's F/A-XX next-generation fighter contract to Boeing, leading to a sharp decline of over 4% in shares. In October 2026, several analysts downgraded the stock and reduced price targets, citing limited international sales exposure and expectations for slower U.S. defense budget growth. The stock has been under sustained selling pressure, trading near its 52-week low.