Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
577.40
-0.54 (-0.09%)
Sep 26, 2024, 4:00 PM EDT - 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 554.33, with a low estimate of 440 and a high estimate of 635. The average target predicts a decrease of -4.00% from the current stock price of 577.40.
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 4 | 4 | 4 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 6 | 6 | 6 | 6 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 9 | 9 | 12 | 12 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B of A Securities | B of A Securities | Strong Buy Maintains $635 | Strong Buy | Maintains | $635 | +9.98% | Aug 30, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $503 → $599 | Hold | Maintains | $503 → $599 | +3.74% | Aug 9, 2024 |
| RBC Capital | RBC Capital | Hold → Buy Upgrades $500 → $600 | Hold → Buy | Upgrades | $500 → $600 | +3.91% | Aug 5, 2024 |
| B of A Securities | B of A Securities | Hold → Strong Buy Upgrades $465 → $635 | Hold → Strong Buy | Upgrades | $465 → $635 | +9.98% | Jul 31, 2024 |
| Barclays | Barclays | Hold Maintains $480 → $505 | Hold | Maintains | $480 → $505 | -12.54% | Jul 30, 2024 |
Financial Forecast
Revenue This Year
71.81B
from 67.57B
Increased by 6.27%
Revenue Next Year
74.76B
from 71.81B
Increased by 4.12%
EPS This Year
26.72
from 27.55
Decreased by -2.99%
EPS Next Year
28.80
from 26.72
Increased by 7.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 75.7B | 79.9B | 84.2B | ||
| Avg | 71.8B | 74.8B | 77.6B | ||
| Low | 68.4B | 70.4B | 72.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.1% | 11.2% | 12.6% | ||
| Avg | 6.3% | 4.1% | 3.8% | ||
| Low | 1.3% | -1.9% | -3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.27 | 31.34 | 34.74 | ||
| Avg | 26.72 | 28.80 | 30.57 | ||
| Low | 25.49 | 26.46 | 27.52 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.6% | 17.3% | 20.6% | ||
| Avg | -3.0% | 7.8% | 6.1% | ||
| Low | -7.5% | -1.0% | -4.5% |
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.