LMTLMTIndustrials · Aerospace & Defense

LMT Stock Forecast: Lockheed Martin Corp. Price Predictions for 2026-2027

Last close, 14 Aug 2026
$609
+1.78% on the day

The 21 Wall Street analysts covering Lockheed Martin Corp. hold a median 12-month price target of $620 — +1.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 95 of 100 as at 15 Aug 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$140.5B
Ticker Nerd rank
95 / 100
Median analyst target
$620
Analysts covering
21
Total return, dividends reinvested
1W
+3.5%
1M
+18.2%
YTD
+27.3%
1Y
+42.9%
From 52W high
−9.5%
From 52W low
+42.9%
$426
$672
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

LMT stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Lockheed Martin Corp. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 15 Aug 2026
95 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Volatility
99
Value
97
Issuance
94
Growth
82
Quality
79
Revisions
78
Accruals
64
Momentum
58
Size
2

Volatility (99): The share price has been relatively steady.

Momentum (58): The shares have been drifting down relative to others.

Size (2): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

LMT stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on LMT, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$400$500$600$700$800Oct 25Jan 26Apr 26Jul 26LMTHigh $756Median $620Low $503

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

What Wall Street says21 analysts
7 Buy13 Hold1 Sell
Low $503Median $620High $756

The green dot is the last close — the median target sits +1.9% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 3 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
13 Aug 2026CitigroupMaintainsBuy$641$691
24 July 2026Morgan StanleyMaintainsEqual-Weight$653$690
24 July 2026RBC CapitalMaintainsSector Perform$575$600
13 July 2026TD CowenMaintainsHold$600$560
13 July 2026TD CowenMaintainsHold
1 July 2026CitigroupUpgradeBuy
18 May 2026CitigroupMaintainsNeutral
24 Apr 2026Morgan StanleyMaintainsEqual-Weight
24 Apr 2026RBC CapitalMaintainsSector Perform
24 Apr 2026SusquehannaMaintainsPositive
7 Apr 2026JefferiesMaintainsHold
2 Apr 2026CitigroupMaintainsNeutral
1 Apr 2026Wells FargoInitiatesEqual-Weight
18 Mar 2026SusquehannaMaintainsPositive
5 Feb 2026CitigroupMaintainsNeutral
2 Feb 2026Goldman SachsMaintainsSell
2 Feb 2026JefferiesMaintainsHold
2 Feb 2026UBSMaintainsNeutral
30 Jan 2026RBC CapitalMaintainsSector Perform
30 Jan 2026TD CowenMaintainsHold

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. LMT appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Estimates

LMT analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+1.7%
Analysts raising
12
Analysts cutting
2
Fundamentals

Lockheed Martin Corp. (LMT) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
22.4×

Cheaper than 35% of US stocks

Price / sales
1.8×

Cheaper than 56% of US stocks

Price / book
16.0×

Cheaper than 7% of US stocks

EV / EBITDA
16.2×

Cheaper than 21% of US stocks

Growth & margins
Revenue growth (YoY)
10.5%

Higher than 54% of US stocks

Earnings growth (YoY)
436.8%

Higher than 95% of US stocks

Gross margin
12.2%

Higher than 11% of US stocks

Operating margin
12.0%

Higher than 67% of US stocks

Net margin
8.2%

Higher than 66% of US stocks

Returns & dividend
Return on equity
89.2%

Higher than 96% of US stocks

Return on assets
8.6%

Higher than 90% of US stocks

Dividend yield
2.3%

Higher than 51% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Peers

LMT vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelAerospace & Defense
CompanyMarket capTKN rank
LMTLockheed Martin Corp.$140.5B
95
HWMHowmet Aerospace, Inc.$115.9B
77
BAThe Boeing Co.$176.1B
45
GDGeneral Dynamics Corp.$107.0B
96
NOCNorthrop Grumman Corp.$83.6B
87
TDGTransDigm Group, Inc.$70.8B
64
RTXRTX Corp.$299.3B
96

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Lockheed Martin Corp. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest LMT news & analysis

Unusual Machines Soars 22%, Red Cat Climbs 8%, Ondas Gains 4% on Trump's 100% Drone Tariff

24/7 Wall Street · 14 Aug 2026neutral

Midday Friday, Unusual Machines stock surged 22% to $33.24, leading a scattered rally in domestic drone names following reports tied to Trump's 100% drone tariff. Other drone stocks also rose, with Red Cat up 8% and Ondas up 4%.

Why it matters — The tariff-driven rally in domestic drone stocks signals a policy shift in the drone sector that could affect the broader defense and aerospace market landscape relevant to LMT watchers.

Do Options Traders Know Something About Lockheed Martin Stock We Don't?

Zacks Investment Research · 13 Aug 2026neutral

A Zacks Investment Research article notes that recent options market activity in Lockheed Martin (LMT) stock warrants investor attention.

Why it matters — Unusual options-market movements can sometimes signal shifts in investor sentiment or expectations about a stock's near-term direction.

Can Lockheed Martin's Space Business Become Its Next Growth Driver?

Zacks Investment Research · 13 Aug 2026positive

Lockheed Martin is expanding its missile-defense footprint as rising demand drives sales in its Space business and boosts opportunities across next-generation defense programs.

Why it matters — The expansion signals that Lockheed Martin's Space segment is increasingly contributing to its defense portfolio, a potential growth area for the company.

Navigating Market Turbulence: 6 Top Stocks For Balancing Stability And Growth

Seeking Alpha · 13 Aug 2026neutral

The article discusses how Wall Street sentiment has swung between fear and greed amid AI bubble concerns, geopolitical tensions, and inflation, while the S&P 500 trades near record highs with projected earnings growth above 30%. It recommends a barbell strategy combining income generation and opportunistic growth to balance stability and upside.

Why it matters — Lockheed Martin watchers would care because the piece highlights defensive, income-oriented stocks as a way to navigate broad market volatility, a category that often includes established defense firms like LMT.

Defense ETFs to Buy as Pentagon Pushes to Boost Missile Stockpiles

Zacks Investment Research · 12 Aug 2026positive

A Zacks Investment Research report notes that missile shortages and a Pentagon push to boost production could generate new orders benefiting Lockheed Martin, RTX, and defense ETFs.

Why it matters — For Lockheed Martin watchers, this suggests potential for increased demand and new contract opportunities as the Pentagon prioritizes replenishing missile stockpiles.

FAQ

Frequently asked questions about LMT stock

What is the LMT stock price forecast for 2026-2027?

The 21 Wall Street analysts covering Lockheed Martin Corp. have a median 12-month price target of $620, with estimates ranging from $503 to $756. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is LMT stock a buy right now?

Of the 21 analysts covering Lockheed Martin Corp., 7 rate it a Buy, 13 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Lockheed Martin Corp. 95 out of 100 across roughly 4,600 US stocks as at 15 Aug 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank LMT?

As at 15 Aug 2026, Lockheed Martin Corp. ranks 95 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Volatility (99 of 100).

Will LMT stock go up?

No one can know that. What the data says: the median 12-month target from 21 analysts implies +1.9% from the last close, and Ticker Nerd's factor model ranks Lockheed Martin Corp. 95 out of 100 as at 15 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the LMT stock forecast for 2030?

No analyst covering Lockheed Martin Corp. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for LMT are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $503 to $756 over the next 12 months.

How has LMT stock performed over the past year?

Lockheed Martin Corp. returned +42.9% over the 12 months to 14 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Lockheed Martin Corp. do?

Lockheed Martin Corporation is an aerospace and defense company that develops and delivers advanced security and technology solutions for government and military customers. The company’s current business is centered on aeronautics, missiles and fire control, rotary and mission systems, and space systems, supporting a wide range of defense and national security missions.

What is the latest news on LMT?

The most recent item we track (24/7 Wall Street, 14 Aug 2026): "Unusual Machines Soars 22%, Red Cat Climbs 8%, Ondas Gains 4% on Trump's 100% Drone Tariff". Midday Friday, Unusual Machines stock surged 22% to $33.24, leading a scattered rally in domestic drone names following reports tied to Trump's 100% drone tariff. Other drone stocks also rose, with Red Cat up 8% and Ondas up 4%.

Company

About Lockheed Martin Corp.

Lockheed Martin Corporation is an aerospace and defense company that develops and delivers advanced security and technology solutions for government and military customers. The company’s current business is centered on aeronautics, missiles and fire control, rotary and mission systems, and space systems, supporting a wide range of defense and national security missions. Its products include combat aircraft, missile defense interceptors, radar and sensor systems, command-and-control technologies, training systems, and space-based platforms. Lockheed Martin also provides systems integration, sustainment, engineering, and modernization services that help customers operate complex defense infrastructure across air, land, sea, space, and cyber domains. Headquartered in Bethesda, Maryland, and founded in 1995, Lockheed Martin plays a central role in supplying critical capabilities to the U.S. Department of Defense and allied international partners.

CEO Mr. James D. Taiclet Jr. · 123,000 employees · United States · https://www.lockheedmartin.com