The invention discloses a target azimuth estimation method based on a low-frequency circular ring array, and belongs to the field of underwater acoustic signal detection. A hydrophone receives an underwater acoustic signal of 20Hz-5kHz; and an ADC converts an analog signal into a digital signal, performs spectral analysis, beamforming and azimuth estimation on the AD signal to obtain a signal target direction, receives an instruction of a serial port and outputs a beamforming result. Meanwhile, original data collected by the AD are stored in a large-capacity SD card through DDR. According to the method, the weight vector is stored in advance, so that the complexity of software is reduced, the operation period of the software is shortened, and the detection efficiency and real-time performance are improved; aiming at a coherent signal offset phenomenon, a method of injecting man-made noise, namely a generally diagonal loading technology, is adopted; by adopting a diagonal loading weighting coefficient, the beam forming robustness can be greatly improved under the condition of ensuring the high gain of the MVM method.