Northrop Grumman Corporation (NOC), a prominent defense contractor, has recently seen a tumultuous performance. Renowned investment expert Jim Cramer delivered a harsh critique labeling the company’s situation as 'nothing short of catastrophic.' This coincides with their Q1 2025 earnings, during which the company experienced a shortfall leading to a sharp fall in its stock value. Furthermore, there is fraud investigation by the Schall Law Firm that NOC investors can join. Yet, positive updates include Northern Trust Corp, Quarry LP and Price T Rowe, who raised their holdings on NOC. Cramer also noted his preference for NOC in the Defense Space. In addition, Northrop Grumman was named one of the best military drone stocks to buy now. However, the recent financial performance of Northrop Grumman is not all good news; they also reported declines in Q1 Revenue and Earnings, which led to their stock dropping. The company has had its share price target readjusted by multiple banks including Susquehanna, UBS, Wells Fargo and Truist, following their Q1 results. The company’s outlook for 2025 implies an expected sales range between $42B to $42.50B.
Northrop Grumman Corp NOC News Analytics from Thu, 03 Apr 2025 07:00:00 GMT to Sat, 03 May 2025 13:09:15 GMT -
Rating -2
- Innovation -1
- Information 7
- Rumor -5
