LMTLMTIndustrials · Aerospace & Defense

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

Last close, 9 Sept 2026
$524
−2.18% on the day

The 21 Wall Street analysts covering Lockheed Martin Corp. hold a median 12-month price target of $629 — +19.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 96 of 100 as at 8 Sept 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$123.7B
Ticker Nerd rank
96 / 100
Median analyst target
$629
Analysts covering
21
Revenue$20.1B+10.5% y/y
Operating income$2.5B
Net income$1.8B
Free cash flow$2.9B
Quarterly, 8 quarters to 30 June 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
−3.7%
1M
−10.3%
YTD
+10.4%
1Y
+17.7%
From 52W high
−21.5%
From 52W low
+21.6%
$431
$668
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 8 Sept 2026
96 / 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
100
Value
97
Issuance
94
Growth
82
Quality
79
Revisions
77
Accruals
65
Momentum
63
Size
2

Volatility (100): The share price has been relatively steady.

Momentum (63): 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 $629Low $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.

Data provided by Twelve Data

What Wall Street says21 analysts
8 Buy12 Hold1 Sell
Low $503Median $629High $756

The green dot is the last close — the median target sits +19.9% 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 2026Morgan StanleyMaintainsEqual-Weight
24 July 2026RBC CapitalMaintainsSector Perform$575$600
24 July 2026RBC CapitalMaintainsSector Perform
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

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.

Performance

LMT vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 9 Sept 2026, Lockheed Martin Corp. returned +17.7% against +18.5% for the S&P 500, dividends included.

LMT vs S&P 500, last 12 monthsTotal return, rebased to 100
100110120130140150Oct 25Jan 26Apr 26Jul 26LMTS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

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
+1.9%
Analysts raising
18
Analysts cutting
1
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
19.8×

Cheaper than 39% of US stocks

Price / sales
1.6×

Cheaper than 59% of US stocks

Price / book
14.1×

Cheaper than 7% of US stocks

EV / EBITDA
14.5×

Cheaper than 24% of US stocks

Growth & margins
Revenue growth (YoY)
10.5%

Higher than 53% 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
2.6%

Higher than 57% of US dividend payers

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

Key statistics

Lockheed Martin Corp. (LMT) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Lockheed Martin Corp. has a market value of $123.7B and an enterprise value of $140.5B.

  • Revenue in the twelve months to 30 June 2026: $77.0B. The latest quarter grew 10.5% year on year.

  • Net income over the same four quarters: $6.3B, a 8.2% net margin.

  • Diluted earnings per share, trailing twelve months: $27.13.

  • Free cash flow in the twelve months to 30 June 2026: $8.7B, after $1.7B of capital spending.

  • Lockheed Martin Corp. spent $1.8B on share buybacks and $3.2B on dividends in the twelve months to 30 June 2026.

  • Shares outstanding: 230.0M.

  • Trailing P/E: 19.8×; forward P/E: 16.4× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.57%, paying out 50% of earnings.

  • Lockheed Martin Corp. employs 123,000 people $626K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 30 June 2026 · market figures as at 10 Sept 2026

Data provided by Twelve Data

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.$123.7B
96
BAThe Boeing Co.$160.2B
46
GDGeneral Dynamics Corp.$96.4B
94
HWMHowmet Aerospace, Inc.$92.8B
75
NOCNorthrop Grumman Corp.$74.0B
85
TDGTransDigm Group, Inc.$64.5B
63
RTXRTX Corp.$266.9B
95

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

IBM, Lockheed Martin Announce Swiss Quantum Innovation Hub at ETH Zurich, Anchored by Switzerland's First IBM Quantum Computer

PRNewsWire · 10 Sept 2026positive

IBM and Lockheed Martin announced plans to launch research projects with select Swiss academic institutions as part of an extension of their ongoing collaboration. Switzerland's first IBM Quantum System Two will be hosted at the Swiss National Supercomputing Centre at ETH Zurich, expanding quantum computing access across Swiss institutions.

Why it matters — This announcement extends Lockheed Martin's collaboration with IBM in quantum research, positioning the company within a growing national quantum ecosystem and workforce development effort in Switzerland.

Is Lockheed Martin a Safe Defensive Dividend Stock to Buy Right Now?

The Motley Fool · 9 Sept 2026positive

The Motley Fool article examines whether Lockheed Martin qualifies as a safe defensive dividend stock, highlighting that governments worldwide are increasing their defense budgets.

Why it matters — Rising global defense budgets could support demand for Lockheed Martin's products and underpin the resilience of its dividend.

Lockheed Martin (LMT) Rises As Market Takes a Dip: Key Facts

Zacks Investment Research · 8 Sept 2026positive

Lockheed Martin (LMT) rose 2.07% to close at $536.15 in the latest trading session, a gain achieved even as the broader market declined. The stock's movement reflects strength relative to a down market.

Why it matters — A Lockheed Martin watcher would note the stock's gain in a declining market as a sign of relative resilience, which is noteworthy given the day's overall market conditions.

Why Lockheed Martin Stock Popped Today

The Motley Fool · 8 Sept 2026positive

UBS upgraded Lockheed Martin stock to a buy rating. The upgrade reflected expectations of double-digit earnings growth for the defense company.

Why it matters — An upgrade from a major bank signals fresh analyst confidence in Lockheed Martin's earnings trajectory.

Trump Declares the Moon Belongs to the U.S. Here Are 5 Space Stocks to Watch

24/7 Wall Street · 8 Sept 2026positive

President Donald Trump posted an image of the Moon with an American flag on Truth Social captioned "The Moon is ours." The article names five space-related stocks for investors to watch following the declaration.

Why it matters — Lockheed Martin is a major space and defense contractor, so renewed U.S. focus on the Moon could bring increased attention to space-oriented businesses like LMT.

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 $629, 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., 8 rate it a Buy, 12 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Lockheed Martin Corp. 96 out of 100 across roughly 4,600 US stocks as at 8 Sept 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank LMT?

As at 8 Sept 2026, Lockheed Martin Corp. ranks 96 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 (100 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 +19.9% from the last close, and Ticker Nerd's factor model ranks Lockheed Martin Corp. 96 out of 100 as at 8 Sept 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 +17.7% over the 12 months to 9 Sept 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Lockheed Martin Corp. do?

Lockheed Martin Corporation is a global aerospace and defense company that develops, manufactures, and supports advanced technology systems and services for government and international customers. Lockheed Martin Corporation’s current business is organized around four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.

What is the latest news on LMT?

The most recent item we track (PRNewsWire, 10 Sept 2026): "IBM, Lockheed Martin Announce Swiss Quantum Innovation Hub at ETH Zurich, Anchored by Switzerland's First IBM Quantum Computer". IBM and Lockheed Martin announced plans to launch research projects with select Swiss academic institutions as part of an extension of their ongoing collaboration. Switzerland's first IBM Quantum System Two will be hosted at the Swiss National Supercomputing Centre at ETH Zurich, expanding quantum computing access across Swiss institutions.

Company

About Lockheed Martin Corp.

Lockheed Martin Corporation is a global aerospace and defense company that develops, manufactures, and supports advanced technology systems and services for government and international customers. Lockheed Martin Corporation’s current business is organized around four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Its products and services include combat and air mobility aircraft, unmanned systems, missile defense and precision strike systems, sensors, radar, naval and mission systems, satellites, launch and strategic systems, cybersecurity, engineering, logistics, and sustainment support. The company serves major defense, space, intelligence, homeland security, and information technology markets, with a primary focus on programs tied to national security and mission readiness. Headquartered in Bethesda, Maryland, Lockheed Martin Corporation plays a central role in the defense supply chain by delivering platforms and integrated systems used across air, land, sea, space, and cyber domains.

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