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LMT Stock Forecast: Lockheed Martin Corporation Price Predictions for 2026

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$458.35

-10.57 (-2.25%)

LMT Stock Forecast 2025-2026

$458.35
Current Price
$106.71B
Market Cap
19 Ratings
Buy 6
Hold 12
Sell 1
Wall St Analyst Ratings

Distance to LMT Price Targets

+37.4%
To High Target of $630.00
+14.5%
To Median Target of $525.00
-6.2%
To Low Target of $430.00

LMT Price Momentum

-6.8%
1 Week Change
-10.8%
1 Month Change
-18.8%
1 Year Change
-5.7%
Year-to-Date Change
-20.5%
From 52W High of $576.43
+11.8%
From 52W Low of $410.11
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Latest LMT Stock Price Targets & Analyst Predictions

Based on our analysis of 30 Wall Street analysts, LMT has a neutral consensus with a median price target of $525.00 (ranging from $430.00 to $630.00). The overall analyst rating is Buy (6.8/10). Currently trading at $458.35, the median forecast implies a 14.5% upside. This outlook is supported by 6 Buy, 12 Hold, and 1 Sell ratings.

The most optimistic forecast comes from Kristine Liwag at Morgan Stanley, projecting a 37.4% upside. Conversely, the most conservative target is provided by Kristine Liwag at Morgan Stanley, suggesting a 6.2% downside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

LMT Analyst Ratings

6
Buy
12
Hold
1
Sell

LMT Price Target Range

Low
$430.00
Average
$525.00
High
$630.00
Current: $458.35

Latest LMT Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for LMT.

Date Firm Analyst Rating Change Price Target
Oct 22, 2025 UBS Gavin Parsons Neutral Maintains $513.00
Oct 20, 2025 Bernstein Douglas Harned Market Perform Maintains $545.00
Oct 15, 2025 Truist Securities Michael Ciarmoli Hold Maintains $500.00
Oct 15, 2025 Morgan Stanley Kristine Liwag Overweight Maintains $630.00
Oct 9, 2025 Susquehanna Charles Minervino Positive Maintains $590.00
Oct 6, 2025 Baird Peter Arment Outperform Maintains $550.00
Aug 21, 2025 B of A Securities Ronald Epstein Neutral Maintains $480.00
Jul 23, 2025 Baird Peter Arment Outperform Maintains $500.00
Jul 23, 2025 JP Morgan Seth Seifman Overweight Maintains $465.00
Jul 23, 2025 RBC Capital Ken Herbert Sector Perform Maintains $440.00
Jul 23, 2025 Susquehanna Charles Minervino Positive Maintains $490.00
Jul 23, 2025 UBS Gavin Parsons Neutral Maintains $453.00
Jul 23, 2025 B of A Securities Neutral Maintains $N/A
Jul 23, 2025 Truist Securities Michael Ciarmoli Hold Downgrade $440.00
Jul 11, 2025 Truist Securities Michael Ciarmoli Buy Maintains $554.00
Jul 10, 2025 TD Cowen Gautam Khanna Hold Downgrade $480.00
Apr 23, 2025 UBS Gavin Parsons Neutral Maintains $499.00
Apr 23, 2025 Baird Peter Arment Outperform Upgrade $540.00
Apr 8, 2025 Wells Fargo Matthew Akers Equal-Weight Maintains $432.00
Mar 27, 2025 RBC Capital Ken Herbert Sector Perform Downgrade $480.00

Lockheed Martin Corporation (LMT) Competitors

The following stocks are similar to Lockheed Martin based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Lockheed Martin Corporation (LMT) Financial Data

Lockheed Martin Corporation has a market capitalization of $106.71B with a P/E ratio of 25.5x. The company generates $73.35B in trailing twelve-month revenue with a 5.7% profit margin.

Revenue growth is +8.8% quarter-over-quarter, while maintaining an operating margin of +11.7% and return on equity of +62.8%.

Valuation Metrics

Market Cap $106.71B
Enterprise Value $124.78B
P/E Ratio 25.5x
PEG Ratio -0.3x
Price/Sales 1.4x

Growth & Margins

Revenue Growth (YoY) +8.8%
Gross Margin +4.0%
Operating Margin +11.7%
Net Margin +5.7%
EPS Growth -0.2%

Financial Health

Cash/Price Ratio +3.3%
Current Ratio 1.1x
Debt/Equity 359.0x
ROE +62.8%
ROA +6.4%
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Lockheed Martin Corporation logo

Lockheed Martin Corporation (LMT) Business Model

About Lockheed Martin Corporation

What They Do

Aerospace and defense technology company.

Business Model

Lockheed Martin generates revenue through the research, design, and manufacture of advanced technology systems for defense and security. The company primarily serves government clients, including the U.S. Department of Defense and allied nations, along with commercial markets, by providing products such as fighter jets, satellite systems, and integrated mission solutions.

Additional Information

With a strong focus on innovation, Lockheed Martin is involved in various sectors, including cybersecurity, energy, and logistics. The company is recognized for its flagship products like the F-35 Lightning II and has a significant global presence, making it a key player in enhancing national and international security.

Company Information

Sector

Industrials

Industry

Aerospace & Defense

Employees

121,000

CEO

Mr. James D. Taiclet Jr.

Country

United States

IPO Year

1977

Lockheed Martin Corporation (LMT) Latest News & Analysis

Featured Analysis
Powered by Zacks Investment Research

Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know

Recently, Zacks.com users have been paying close attention to Lockheed (LMT). This makes it worthwhile to examine what the stock has in store.

Nov 07, 2025 By Zacks Equity Research Tale of the Tape

Latest News

LMT stock latest news image
Quick Summary

The US defense industry, led by Lockheed Martin, Northrop Grumman, and RTX, shows strong Q3 2025 demand, expanding margins, and solid cash generation, highlighting its role in reindustrialization.

Why It Matters

Strong demand and solid cash generation in the US defense sector signal robust growth potential, benefiting key players like Lockheed Martin, Northrop Grumman, and RTX, which can drive investor confidence.

Source: Seeking Alpha
Market Sentiment: Positive
LMT stock latest news image
Quick Summary

Lockheed Martin is addressing delays in F-16V deliveries to Taiwan caused by supply chain issues, as confirmed by Taiwan's defense ministry.

Why It Matters

Delays in F-16V deliveries to Taiwan may impact Lockheed Martin's revenue and profitability, reflecting broader supply chain challenges that could affect defense sector performance.

Source: Reuters
Market Sentiment: Neutral
LMT stock latest news image
Quick Summary

PsiQuantum and Lockheed Martin are partnering to develop quantum algorithms for aerospace and defense applications.

Why It Matters

The collaboration between PsiQuantum and Lockheed Martin signals potential advancements in quantum computing, which could lead to significant innovations and cost savings in aerospace and defense sectors, impacting investor outlook.

Source: Business Wire
Market Sentiment: Neutral
LMT stock latest news image
Quick Summary

Lockheed Martin and RTX are expected to benefit from favorable macroeconomic conditions, potentially enhancing their market performance.

Why It Matters

Positive macroeconomic trends could boost revenue and profitability for Lockheed Martin and RTX, potentially leading to higher stock prices and investor returns.

Source: Schaeffers Research
Market Sentiment: Positive
LMT stock latest news image
Quick Summary

Three companies have raised guidance for their defense sectors, indicating potential improvement despite ongoing challenges from fixed-price programs, supply chain issues, and raw material inflation.

Why It Matters

Raising guidance by defense companies signals potential revenue growth, indicating improved financial health amidst challenges, which may boost investor confidence and attract investment in the sector.

Source: The Motley Fool
Market Sentiment: Positive
LMT stock latest news image
Quick Summary

Investors favor high-yield dividend stocks for their strong income streams and potential for substantial total returns.

Why It Matters

High-yield dividend stocks attract investors for their income and growth potential, influencing market demand and stock prices, impacting overall investment strategies.

Source: 24/7 Wall Street
Market Sentiment: Positive

Frequently Asked Questions About LMT Stock

What is Lockheed Martin Corporation's (LMT) stock forecast for 2026?

Based on our analysis of 30 Wall Street analysts, Lockheed Martin Corporation (LMT) has a median price target of $525.00. The highest price target is $630.00 and the lowest is $430.00.

Is LMT stock a good investment in 2026?

According to current analyst ratings, LMT has 6 Buy ratings, 12 Hold ratings, and 1 Sell ratings. The stock is currently trading at $458.35. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for LMT stock?

Wall Street analysts predict LMT stock could reach $525.00 in the next 12 months. This represents a 14.5% increase from the current price of $458.35. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Lockheed Martin Corporation's business model?

Lockheed Martin generates revenue through the research, design, and manufacture of advanced technology systems for defense and security. The company primarily serves government clients, including the U.S. Department of Defense and allied nations, along with commercial markets, by providing products such as fighter jets, satellite systems, and integrated mission solutions.

What is the highest forecasted price for LMT Lockheed Martin Corporation?

The highest price target for LMT is $630.00 from Kristine Liwag at Morgan Stanley, which represents a 37.4% increase from the current price of $458.35.

What is the lowest forecasted price for LMT Lockheed Martin Corporation?

The lowest price target for LMT is $430.00 from Kristine Liwag at Morgan Stanley, which represents a -6.2% decrease from the current price of $458.35.

What is the overall LMT consensus from analysts for Lockheed Martin Corporation?

The overall analyst consensus for LMT is neutral. Out of 30 Wall Street analysts, 6 rate it as Buy, 12 as Hold, and 1 as Sell, with a median price target of $525.00.

How accurate are LMT stock price projections?

Stock price projections, including those for Lockheed Martin Corporation, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: November 8, 2025 1:24 PM UTC
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