Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
542.50
+7.77 (1.45%)
Nov 21, 2024, 12:51 PM EST - Market open
Lockheed Martin Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Lockheed Martin stock have an average target of 622.45, with a low estimate of 525 and a high estimate of 700. The average target predicts an increase of 14.74% from the current stock price of 542.50.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LMT stock from 11 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 4 | 4 | 4 | 4 | 4 |
| Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Hold | 6 | 6 | 5 | 5 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 12 | 12 | 12 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $505 → $565 | Hold | Maintains | $505 → $565 | +4.15% | Oct 29, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $675 → $665 | Buy | Maintains | $675 → $665 | +22.58% | Oct 23, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $560 → $610 | Strong Buy | Maintains | $560 → $610 | +12.44% | Oct 23, 2024 |
| UBS | UBS | Hold Maintains $589 → $603 | Hold | Maintains | $589 → $603 | +11.15% | Oct 23, 2024 |
| Susquehanna | Susquehanna | Buy Maintains $705 → $695 | Buy | Maintains | $705 → $695 | +28.11% | Oct 23, 2024 |
Financial Forecast
Revenue This Year
71.96B
from 67.57B
Increased by 6.49%
Revenue Next Year
74.73B
from 71.96B
Increased by 3.86%
EPS This Year
26.93
from 27.55
Decreased by -2.24%
EPS Next Year
28.35
from 26.93
Increased by 5.26%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 74.9B | 79.3B | 83.3B | ||
| Avg | 72.0B | 74.7B | 77.4B | ||
| Low | 69.5B | 70.8B | 72.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.9% | 10.2% | 11.4% | ||
| Avg | 6.5% | 3.9% | 3.6% | ||
| Low | 2.9% | -1.6% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.19 | 30.89 | 32.94 | ||
| Avg | 26.93 | 28.35 | 29.82 | ||
| Low | 25.90 | 26.21 | 27.47 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.3% | 14.7% | 16.2% | ||
| Avg | -2.2% | 5.3% | 5.2% | ||
| Low | -6.0% | -2.7% | -3.1% |
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.