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

Last close, 26 Oct 2026
$635
+5.13% on the day

The 23 Wall Street analysts covering Lockheed Martin Corp. hold a median 12-month price target of $650 — +2.3% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 96 of 100 as at 26 Oct 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$146.7B
Ticker Nerd rank
96/ 100
Median analyst target
$650
Analysts covering
23
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
+15.9%
1M
+22.3%
YTD
+33.7%
1Y
+34.2%
From 52W high
−4.9%
From 52W low
+47.2%
$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 26 Oct 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
99
Issuance
94
Value
93
Growth
81
Quality
80
Momentum
80
Revisions
74
Accruals
62
Size
2

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

Accruals (62): A large share of reported profit has not shown up as cash, or the balance sheet is expanding quickly — both tend to unwind.

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 systematic trader with 15+ 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$800$900Jan 26Apr 26Jul 26Oct 26LMTHigh $835Median $650Low $498

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 says23 analysts
11 Buy11 Hold1 Sell
Low $498Median $650High $835

The green dot is the last close — the median target sits +2.3% from it.

Recent analyst actionsNewest first

Of the 20 most recent actions, 9 moved their price target up and 3 moved it down.

DateFirmActionRatingTarget
26 Oct 2026JP MorganMaintainsNeutral$620 → $665
26 Oct 2026Morgan StanleyUpgradeOverweight$690 → $835
23 Oct 2026BarclaysMaintainsEqual-Weight$554 → $560
23 Oct 2026CitigroupMaintainsBuy$691 → $706
23 Oct 2026RBC CapitalMaintainsSector Perform$550 → $600
23 Oct 2026UBSMaintainsBuy$653 → $692
15 Oct 2026RBC CapitalMaintainsSector Perform$600 → $550
15 Oct 2026RBC CapitalMaintainsSector Perform—
14 Oct 2026BernsteinMaintainsMarket Perform$629 → $564
14 Oct 2026BernsteinMaintainsMarket Perform—
9 Oct 2026BarclaysInitiatesEqual-Weight$554
9 Oct 2026BarclaysInitiatesEqual-Weight—
9 Oct 2026TD CowenMaintainsHold—
9 Oct 2026TD CowenMaintainsHold$600 → $570
6 Oct 2026Rothschild & CoInitiatesBuy—
8 Sept 2026UBSUpgradeBuy—
8 Sept 2026UBSUpgradeBuy$581 → $674
13 Aug 2026CitigroupMaintainsBuy—
13 Aug 2026CitigroupMaintainsBuy$641 → $691
24 July 2026Morgan StanleyMaintainsEqual-Weight$653 → $690

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.

LMT appears in the Radar on the weeks it earns a place.

  • Market Radar, every Monday: the week's biggest rank moves across ~4,600 US stocks, and the reason for each.
  • The AI build-out map, free: every AI company we track, part by part, and one part in full with each verdict.

Free. 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 26 Oct 2026, Lockheed Martin Corp. returned +34.2% against +14.2% for the S&P 500, dividends included.

LMT vs S&P 500, last 12 monthsTotal return, rebased to 100
90100110120130140Jan 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
+0.7%
Analysts raising
1
Analysts cutting
4
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
22.6×

Cheaper than 33% of US stocks

Price / sales
1.9×

Cheaper than 53% of US stocks

Price / book
14.5×

Cheaper than 6% of US stocks

EV / EBITDA
15.6×

Cheaper than 21% of US stocks

Growth & margins
Revenue growth (YoY)
11.3%

Higher than 56% of US stocks

Earnings growth (YoY)
14.0%

Higher than 52% of US stocks

Gross margin
12.2%

Higher than 11% of US stocks

Operating margin
11.4%

Higher than 66% of US stocks

Net margin
8.2%

Higher than 66% of US stocks

Returns & dividend
Return on equity
80.2%

Higher than 95% of US stocks

Return on assets
8.6%

Higher than 89% of US stocks

Dividend yield
2.2%

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 $146.7B and an enterprise value of $154.1B.

  • Revenue in the twelve months to 30 June 2026: $77.0B. The latest quarter grew 11.3% 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: 22.6×; forward P/E: 19.1× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 2.17%, paying out 49% 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 26 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.$146.7B96
BAThe Boeing Co.$143.1B42
GDGeneral Dynamics Corp.$96.5B94
RTXRTX Corp.$265.1B95
NOCNorthrop Grumman Corp.$80.7B85
HWMHowmet Aerospace, Inc.$77.9B72
GEGE Aerospace$299.3B91

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

Lockheed Martin Q3 2026: Shattering 9-Month Expectations With A Record $292B Backlog

Seeking Alpha · 26 Oct 2026positive

Seeking Alpha reports that Lockheed Martin outperformed operationally and financially in the first nine months of 2026, with a reported backlog of $292 billion. Aeronautics and Missiles & Fire Control recorded profit growth that exceeded modeled expectations.

Why it matters — The reported backlog and segment profit growth are relevant to watchers assessing Lockheed Martin’s performance and order visibility.

5 Beaten-Down Growth Stocks Trading Like Value Plays as Cash Chases Mega-Caps

MarketBeat · 26 Oct 2026neutral

MarketBeat’s headline describes five beaten-down growth stocks trading like value plays as cash flows toward mega-cap stocks. The excerpt notes that the S&P 500 was recently just 2.5% below its all-time high, while conditions beyond the index looked weaker.

Why it matters — The excerpt does not identify Lockheed Martin or describe a company-specific development, so it offers little direct information for LMT watchers.

Why Lockheed Martin Stock Keeps Going Up

The Motley Fool · 26 Oct 2026positive

Morgan Stanley analyst Kristine Liwag upgraded Lockheed Martin to overweight, citing soaring F-35 and missile sales.

Why it matters — The upgrade and reported sales strength are relevant to LMT watchers tracking analyst views and demand for its aircraft and missiles.

First Eagle U.S. Value Fund Q3 2026 Portfolio Review

Seeking Alpha · 26 Oct 2026neutral

First Eagle U.S. Value Fund A Shares returned 4.36% without sales charges in the third quarter of 2026, outperforming the S&P 500 Index. The review also noted that Meta shares performed well after a strong reception for its Muse personalized AI assistance app.

Why it matters — The excerpt provides no LMT-specific information, so it offers little direct context for Lockheed Martin watchers.

Here's Why Lockheed Martin (LMT) is a Strong Value Stock

Zacks Investment Research · 26 Oct 2026positive

Zacks Investment Research highlights its Style Scores as a way to identify stocks it describes as strong value stocks, with Lockheed Martin (LMT) featured in the headline.

Why it matters — The item presents a value-focused view of LMT based on Zacks’ Style Scores.

FAQ

Frequently asked questions about LMT stock

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

The 23 Wall Street analysts covering Lockheed Martin Corp. have a median 12-month price target of $650, with estimates ranging from $498 to $835. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is LMT stock a buy right now?

Of the 23 analysts covering Lockheed Martin Corp., 11 rate it a Buy, 11 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 26 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank LMT?

As at 26 Oct 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 (99 of 100).

Will LMT stock go up?

No one can know that. What the data says: the median 12-month target from 23 analysts implies +2.3% from the last close, and Ticker Nerd's factor model ranks Lockheed Martin Corp. 96 out of 100 as at 26 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: $498 to $835 over the next 12 months.

How has LMT stock performed over the past year?

Lockheed Martin Corp. returned +34.2% over the 12 months to 26 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 (Seeking Alpha, 26 Oct 2026): "Lockheed Martin Q3 2026: Shattering 9-Month Expectations With A Record $292B Backlog". Seeking Alpha reports that Lockheed Martin outperformed operationally and financially in the first nine months of 2026, with a reported backlog of $292 billion. Aeronautics and Missiles & Fire Control recorded profit growth that exceeded modeled expectations.

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