The NOC stock price today forecast incorporates valuation multiples still below sector averages, offering room for price appreciation relative to peers. Investors should also pay attention to any latest changes in analyst estimates for Northrop Grumman. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. Wall Street analysts have high hopes for oil and gas stocks, encouraged by cheap valuations and President Trump’s full-throated support for the beleaguered energy sector. Institutional research shows NOC stock price today forecast relying on high backlog-to-sales ratios that underpin revenue predictability for upcoming quarters.