Citigroup Maintains $781 Price Target After Northrop Q4 Revenue Jumps 10%

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Citigroup analyst John Godyn reiterated a Buy rating on Northrop Grumman with a $781 price target, matching January’s raised forecast. Northrop reported Q4 2025 revenue of $11.71 billion (up 10% year-over-year), adjusted EPS of $7.23 (beating by $0.25) and declared a $2.31 quarterly dividend.

1. Analyst Reiterates Price Target

Citigroup analyst John Godyn upheld his Buy rating on Northrop Grumman, maintaining a $781 price target unchanged from a January increase. The firm cited the company’s projected mid-single-digit sales growth for 2026 as the rationale for the reaffirmation.

2. Strong Q4 2025 Financial Performance

Northrop Grumman posted fourth-quarter revenue of $11.71 billion, a 10% increase year-over-year driven by heightened defense demand. Adjusted net earnings were $7.23 per share, a 13% annual rise and $0.25 above consensus forecasts.

3. Dividend Declaration and Record Date

The board approved a quarterly dividend of $2.31 per share for shareholders of record on February 23, payable on March 11. This marks the latest in a steady dividend policy alongside robust earnings growth projections.

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