Citigroup has initiated coverage on Northrop Grumman Corp (NOC), assigning a Buy rating as of December 11, 2025. This marks the firm's first assessment of the aerospace and defense company, which is headquartered in Falls Church, Virginia and employs 97,000 full-time workers.
Northrop Grumman engages in advanced aircraft systems, with its operations divided into several segments: Aeronautics Systems, Defense Systems, Mission Systems, and Space Systems. The company boasts a market capitalization of $80.8 billion and a price-to-earnings ratio of 20.12, reflecting its strong position within the industry.
Analyst ratings serve as professional opinions based on extensive research, reflecting assumptions and estimates that may not always materialize. As Northrop Grumman prepares for its upcoming earnings report on July 20, 2026, analysts project earnings per share of $7.11 and revenue of $11.0 billion. The consensus rating for the company remains a Buy, with 4 Strong Buy, 12 Buy, and 11 Hold ratings reported as of December 1, 2025.
This update provides insight into Northrop Grumman's investment potential as Citigroup's positive outlook adds to the growing confidence in the company's operational capabilities and market position.