Northrop Grumman stock dips near 52-week lows despite strong backlog and raised guidance.

Northrop Grumman's stock is trading near its 52-week lows even though the company reported record backlog and raised its guidance. The Q2 results showed strong sales and backlog growth, driven by key programs like B-21 and Sentinel. However, margin pressures from program charges and uncertainties around government funding timing continue to weigh on the stock. The valuation appears attractive at 16.8 times 2026 earnings per share guidance, with a 2% dividend yield. Investors may consider starting a position before the Q3 earnings report on October 20, while being cautious of potential volatility if margins or cash flow disappoint.

As of Oct 14, 2026 00:11 WIB, Northrop Grumman (NOC) shares trade at USD 483.40 on Pluang, down slightly by 0.33% in the last day. The stock holds a dividend yield of 2.04% and a market capitalization of $68.90 billion. Pluang investors show full buying interest with 100% buy orders, reflecting confidence despite recent margin concerns.