Lockheed Martin Corporation (LMT)

Lockheed Martin Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Lockheed Martin stock have an average target of 552.25, with a low estimate of 497 and a high estimate of 635. The average target predicts an increase of 28.85% from the current stock price of 428.60.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$497	$552.25	$550	$635
Change	+15.96%	+28.85%	+28.32%	+48.16%

Analyst Ratings

The average analyst rating for Lockheed Martin 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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	4	4	4	4	4	4
Buy	3	3	3	3	3	3
Hold	5	4	4	4	5	5
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	11	11	11	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Matthew Akers Wells Fargo	Wells Fargo	Hold Maintains $500 → $497	Hold	Maintains	$500 → $497	+15.96%	Jan 30, 2025
Seth Seifman JP Morgan	JP Morgan	Buy Maintains $540 → $535	Buy	Maintains	$540 → $535	+24.83%	Jan 30, 2025
Kristine Liwag Morgan Stanley	Morgan Stanley	Hold Maintains $555 → $525	Hold	Maintains	$555 → $525	+22.49%	Jan 29, 2025
Ken Herbert RBC Capital	RBC Capital	Buy Maintains $570 → $550	Buy	Maintains	$570 → $550	+28.32%	Jan 29, 2025
Charles Minervino Susquehanna	Susquehanna	Buy Maintains $590 → $550	Buy	Maintains	$590 → $550	+28.32%	Jan 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

75.11B

Increased by 5.73%

from 71.04B

Revenue Next Year

77.92B

Increased by 3.73%

from 75.11B

EPS This Year

27.50

Increased by 23.27%

from 22.31

EPS Next Year

30.05

Increased by 9.25%

from 27.50

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	65.40B	67.04B	65.98B	67.57B	71.04B	75.11B	77.92B	80.59B
Revenue Growth	9.34%	2.52%	-1.58%	2.41%	5.14%	5.73%	3.73%	3.43%
EPS	24.30	22.76	21.66	27.55	22.31	27.50	30.05	32.04
EPS Growth	10.73%	-6.35%	-4.83%	27.19%	-19.02%	23.27%	9.25%	6.64%
Forward PE	-	-	-	-	-	15.58	14.26	13.38
No. Analysts	-	-	-	-	-	26	23	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028
High	78.5B	82.4B	87.2B
Avg	75.1B	77.9B	80.6B
Low	72.6B	74.2B	73.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028
High	10.5%	9.7%	11.9%
Avg	5.7%	3.7%	3.4%
Low	2.1%	-1.2%	-5.4%

EPS Forecast

EPS	2025	2026	2027	2028
High	29.03	32.62	35.45
Avg	27.50	30.05	32.04
Low	26.51	27.90	28.19

EPS Growth

EPS Growth	2025	2026	2027	2028
High	30.1%	18.6%	18.0%
Avg	23.3%	9.3%	6.6%
Low	18.8%	1.5%	-6.2%

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.