--- title: "Weekly Recap | Northrop Grumman -5.83%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/304723976.md" description: "Northrop Grumman (NOC) closed the week at $525.01, down 5.83%, underperforming the S&P 500 by roughly 3.15 percentage points. The stock showed two days of high-level holding, a gap down on Wednesday, then choppy trading into the weekend. Monday opened at $558.09, and Tuesday still held above $550. Wednesday (Nov 4) gapped lower to $530, touched $520 intraday, and closed at $525.35. Thursday and Friday swung between $510.30 and $539.72 before settling at $525.01. The weekly range was 8." datetime: "2026-11-07T08:32:42.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/304723976.md) - [en](https://longbridge.com/en/news/304723976.md) - [zh-HK](https://longbridge.com/zh-HK/news/304723976.md) generator: "portal-rs" --- # Weekly Recap | Northrop Grumman -5.83%, most brokers rate it buy ## The Week Northrop Grumman (NOC) closed the week at $525.01, down 5.83%, underperforming the S&P 500 by roughly 3.15 percentage points. The stock showed two days of high-level holding, a gap down on Wednesday, then choppy trading into the weekend. Monday opened at $558.09, and Tuesday still held above $550. Wednesday (Nov 4) gapped lower to $530, touched $520 intraday, and closed at $525.35. Thursday and Friday swung between $510.30 and $539.72 before settling at $525.01. The weekly range was 8.79%, with average daily volume of about 1.17m shares, roughly 35% above the prior median, pointing to heavy selling pressure on the down move. ## Key Events The dominant story this week was the defence-sector sell-off triggered by the midterm election results. Starting Wednesday (Nov 4), multiple reports noted Democratic gains in the midterms, which raised concerns over potentially tighter Pentagon budgets and pushed defence names lower. NOC fell more than 4% in premarket, while Lockheed Martin was off 3.1%. Live market coverage on the same day showed tech stocks rallying while defence and energy shares slid, reflecting a clear rotation. Also on Wednesday, the company announced it would present at the Baird Global Industrial Conference. Thursday (Nov 5) brought further pressure on defence stocks, with some commentary citing weak seasonal signals for defence names in November. Another item on the product side: SNC also exited the U.S. Navy’s new trainer jet bid, leaving the competition with almost only the M-346N, though NOC is not directly involved. There were no material company filings this week. ## Analyst Ratings As of this week, 27 institutions cover the stock: 13 rate it buy, 3 overweight, 9 hold, 1 underweight, 0 sell, and 1 has no opinion. The consensus rating is buy, with a consensus target of $636, about 21.14% above the current price. Target prices range from $430 to $815, showing wide dispersion. The stock ranks No. 2 among 85 names in the aerospace and defence industry. ## The Week Ahead A busy macro calendar lies ahead. Monday (Nov 9) brings U.S. wholesale sales, previously at 1.8. Tuesday (Nov 10) includes the NFIB small business optimism index, CPI, and core CPI, with core CPI at 2.6 prior and 2.8 expected. For the defence sector, how budget expectations evolve after the election remains the key variable. The company’s next earnings report is the FY2026 annual result, scheduled for Jan 28, 2027, with estimated EPS around $29.82 and revenue around $44.1bn. ## In Short This week’s decline in Northrop Grumman came mainly from sector rotation pressure rather than company-specific news. The rating mix skews positive, with the consensus target about 20% above spot, while the latest session’s capital flow showed large and medium lots as net buyers and small lots as even larger net buyers, a somewhat concentrated structure. The focus now shifts to how defence budget expectations evolve and how the incoming macro data are read. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [NOC.US](https://longbridge.com/en/quote/NOC.US.md) ## Related News & Research - [Northrop Grumman beats estimates as defense backlog reaches $110B](https://longbridge.com/en/news/302421720.md) - [NOC: Record $110B backlog and strong execution underpin higher guidance and accelerating growth](https://longbridge.com/en/news/302442944.md) - [House Democratic leader says lawmakers needs answers on Nvidia, wants China chip restrictions](https://longbridge.com/en/news/304905260.md) - [PRECIOUS-Gold  falls more than 2% as CPI tops forecasts, lifting dollar and yields](https://longbridge.com/en/news/305033325.md) - [Nvidia couldn't derail the stock market's rally. Hot inflation might.](https://longbridge.com/en/news/305011705.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**