Northrop Grumman Shares Up 36.2% on Strong Budgets and Global Orders
Northrop Grumman shares climbed 36.2% in the past three months, outstripping the industry's 12.3% gain thanks to strong U.S. defense budgets and expanding international orders. Analyst revisions cut 2026 EPS estimates by 2.05% over 60 days, with a projected long-term growth rate of 4.8%.
1. Three-Month Stock Performance
Northrop Grumman shares have surged 36.2% in the past three months, significantly outperforming the aerospace-defense sector's 12.3% gain. The rally reflects robust U.S. defense budgeting and large-scale contract awards for missile defense, electronic warfare and space systems, as well as expanding orders from key international partners.
2. Estimate Revisions and Growth Outlook
Consensus estimates for 2026 EPS have declined by 2.05% over the past 60 days, indicating tempered near-term profit expectations. Despite the downward revisions, the company retains a long-term earnings growth forecast of 4.8%, supported by its diverse portfolio of advanced defense platforms and a solid international backlog.