Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
483.97
-0.49 (-0.10%)
Jan 15, 2025, 4:00 PM EST - Market closed
Lockheed Martin Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Lockheed Martin stock have an average target of 595.75, with a low estimate of 500 and a high estimate of 700. The average target predicts an increase of 23.10% from the current stock price of 483.97.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LMT stock from 12 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 5 | 5 | 4 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 11 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Initiates $579 | Strong Buy | Initiates | $579 | +19.64% | Jan 14, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $543 → $500 | Hold | Maintains | $543 → $500 | +3.31% | Jan 8, 2025 |
| Susquehanna | Susquehanna | Buy Maintains $695 → $590 | Buy | Maintains | $695 → $590 | +21.91% | Jan 8, 2025 |
| Barclays | Barclays | Hold Maintains $565 → $515 | Hold | Maintains | $565 → $515 | +6.41% | Jan 6, 2025 |
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $611 → $523 | Strong Buy → Hold | Downgrades | $611 → $523 | +8.06% | Jan 2, 2025 |
Financial Forecast
Revenue This Year
71.96B
from 67.57B
Increased by 6.49%
Revenue Next Year
74.75B
from 71.96B
Increased by 3.88%
EPS This Year
26.93
from 27.55
Decreased by -2.26%
EPS Next Year
28.32
from 26.93
Increased by 5.17%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 74.9B | 79.3B | 82.5B | ||
| Avg | 72.0B | 74.8B | 77.5B | ||
| Low | 69.5B | 70.8B | 72.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.9% | 10.2% | 10.4% | ||
| Avg | 6.5% | 3.9% | 3.7% | ||
| Low | 2.9% | -1.6% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.19 | 30.89 | 33.52 | ||
| Avg | 26.93 | 28.32 | 30.02 | ||
| Low | 25.90 | 26.19 | 27.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.3% | 14.7% | 18.3% | ||
| Avg | -2.3% | 5.2% | 6.0% | ||
| Low | -6.0% | -2.8% | -3.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.