LMTLMTIndustrials · Aerospace & Defense

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

Last close, 6 Oct 2026
$510
+0.69% on the day

The 21 Wall Street analysts covering Lockheed Martin Corp. hold a median 12-month price target of $629 — +23.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 95 of 100 as at 5 Oct 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$116.6B
Ticker Nerd rank
95 / 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
−0.4%
1M
−2.9%
YTD
+7.4%
1Y
+1.7%
From 52W high
−23.7%
From 52W low
+18.2%
$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 5 Oct 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
73
Accruals
64
Momentum
60
Size
2

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

Momentum (60): 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$800Jan 26Apr 26Jul 26Oct 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 +23.3% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 4 moved their price target up and 1 moved it down.

DateFirmActionRatingTarget
8 Sept 2026UBSUpgradeBuy$581 → $674
13 Aug 2026CitigroupMaintainsBuy$641 → $691
13 Aug 2026CitigroupMaintainsBuy—
24 July 2026Morgan StanleyMaintainsEqual-Weight—
24 July 2026Morgan StanleyMaintainsEqual-Weight$653 → $690
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—

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 6 Oct 2026, Lockheed Martin Corp. returned +1.7% against +16.6% for the S&P 500, dividends included.

LMT vs S&P 500, last 12 monthsTotal return, rebased to 100
8090100110120130140Jan 26Apr 26Jul 26Oct 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
+2.0%
Analysts raising
1
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
18.7×

Cheaper than 39% of US stocks

Price / sales
1.5×

Cheaper than 59% of US stocks

Price / book
13.3×

Cheaper than 7% of US stocks

EV / EBITDA
13.8×

Cheaper than 25% 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
2.7%

Higher than 80% 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 $116.6B and an enterprise value of $133.4B.

  • 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: 18.7×; forward P/E: 15.5× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.73%, 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 5 Oct 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.$116.6B
95
BAThe Boeing Co.$146.5B
43
HWMHowmet Aerospace, Inc.$92.0B
74
GDGeneral Dynamics Corp.$89.7B
94
NOCNorthrop Grumman Corp.$68.0B
83
TDGTransDigm Group, Inc.$61.5B
65
RTXRTX Corp.$247.4B
94

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

LMT or HWM: Which Is the Better Value Stock Right Now?

Zacks Investment Research · 6 Oct 2026neutral

Zacks Investment Research compares Lockheed Martin and Howmet as potential value stocks in the Aerospace - Defense sector, posing which offers value investors more for their money.

Why it matters — The item frames LMT in a value-stock comparison with Howmet, which may interest investors assessing its relative appeal.

Can Electronic Warfare Demand Boost Lockheed Martin's Growth?

Zacks Investment Research · 6 Oct 2026positive

Lockheed Martin received a $209 million Navy electronic warfare award, with options that could bring the total to $1.71 billion. The excerpt cites fleet modernization as a driver of demand.

Why it matters — The award and potential options add visibility into LMT's electronic warfare work amid Navy fleet modernization.

Three Defense Stocks That Could Benefit From Modern Warfare

Barrons · 6 Oct 2026positive

A Redburn analyst sees opportunities for Lockheed Martin, Northrop Grumman, and Kratos as militaries invest in advanced weapons and lower-cost technology.

Why it matters — The analyst's view links Lockheed Martin to potential opportunities from military investment in modern warfare technologies.

More Signs This Defense ETF Can Take Off

ETF Trends · 6 Oct 2026positive

ETF Trends says Lockheed Martin and RTX are among defense contractors at the center of a replenishment cycle linked to the longer-than-anticipated war in Iran. It cites U.S. rearmament as a reason to consider aerospace and defense ETFs such as PPA.

Why it matters — The report connects LMT with defense-sector replenishment demand and discusses ETFs that provide exposure to the industry.

Lockheed Martin Corporation (LMT) Is a Trending Stock: Facts to Know Before Betting on It

Zacks Investment Research · 6 Oct 2026neutral

Zacks Investment Research reports that Lockheed Martin has recently received considerable attention from users of Zacks.com. The excerpt says readers should be aware of facts that could affect the stock’s prospects.

Why it matters — The increased attention and the factors that may affect LMT’s prospects are relevant context for investors following the stock.

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. 95 out of 100 across roughly 4,600 US stocks as at 5 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank LMT?

As at 5 Oct 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 +23.3% from the last close, and Ticker Nerd's factor model ranks Lockheed Martin Corp. 95 out of 100 as at 5 Oct 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 +1.7% over the 12 months to 6 Oct 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 (Zacks Investment Research, 6 Oct 2026): "LMT or HWM: Which Is the Better Value Stock Right Now?". Zacks Investment Research compares Lockheed Martin and Howmet as potential value stocks in the Aerospace - Defense sector, posing which offers value investors more for their money.

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