Lockheed Martin Corporation (LMT)

NYSE: LMT · Real-Time Price · USD
568.59
+54.23 (10.54%)
At close: Jul 23, 2026, 4:00 PM EDT
567.93
-0.66 (-0.12%)
After-hours: Jul 23, 2026, 7:59 PM EDT
Market Cap131.10B +21.5%
Revenue (ttm)77.01B +7.2%
Net Income6.29B +49.5%
EPS27.14 +52.5%
Shares Out 230.56M
PE Ratio20.95
Forward PE18.28
Dividend$13.80 (2.43%)
Ex-Dividend DateJun 1, 2026
Volume3,275,487
Open545.00
Previous Close514.36
Day's Range545.00 - 576.00
52-Week Range411.00 - 692.00
Beta0.11
AnalystsHold
Price Target615.58 (+7.75%)
Earnings DateJul 23, 2026

About LMT

Lockheed Martin Corporation, an aerospace and defense company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services in the United States, Europe, Asia, the Middle East, and internationally. The company operates through four segments: Aeronautics; Missiles and Fire Control (MFC); Rotary and Mission Systems (RMS); and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The MFC segment provides air a... [Read more]

Founded 1912
Employees 123,000
Stock Exchange NYSE
Ticker Symbol LMT
Full Company Profile

Financial Performance

In 2025, Lockheed Martin's revenue was $75.05 billion, an increase of 5.64% compared to the previous year's $71.04 billion. Earnings were $5.02 billion, a decrease of -5.98%.

Financial Statements

Analyst Summary

According to 21 analysts, the average rating for LMT stock is "Hold." The 12-month stock price target is $615.58, which is an increase of 7.75% from the latest price.

Price Target
$615.58
(7.75% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Lockheed Martin, RTX lift 2026 forecasts as Pentagon looks to restock weapons

The world's two biggest defense contractors, Lockheed Martin and RTX, said on Thursday they expect strong profits going forward because a wave of global conflicts from Iran to Ukraine has depleted Pen...

Other symbols: RTX
13 hours ago - Reuters

Thursday's Morning Movers: RTX & LMT Jump, IBM & Airlines Lose Altitude After Earnings

Diane King Hall touches on the top earnings moving markets after Thursday's opening bell. RTX Corp. (RTX) and Lockheed Martin (LMT) added muscle to the defense trade while Southwest Airlines (LUV) and...

Other symbols: AALIBMLUVRTX
16 hours ago - Schwab Network

Lockheed Martin Earnings Call Transcript: Q2 2026

Record backlog and strong free cash flow drove raised 2026 guidance, with all segments accelerating growth and major contract wins fueling future sales. Strategic investments in automation, AI, and international partnerships underpin resilience and innovation.

17 hours ago - Transcripts

Lockheed Martin Earnings release: Q2 2026

Lockheed Martin released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.

17 hours ago - Filings

Lockheed Martin Slides: Q2 2026

Lockheed Martin has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 23, 2026.

17 hours ago - Filings

Lockheed Martin Quarterly report: Q2 2026

Lockheed Martin has published its Q2 2026 quarterly earnings report on July 23, 2026.

17 hours ago - Filings

Lockheed Martin Earnings: LMT Stock Fires Higher as Defense Demand Drives Sales Hike

Shares in defense giant Lockheed Martin ($LMT) fired nearly 6% higher in pre-market trading after it upped its full-year sales forecast on surging demand in an increasingly volatile world. U.S.

18 hours ago - TipRanks

Lockheed Martin's stock leaps as push to build more missiles faster pays off

Lockheed Martin's stock jumps as a ramp up in missile production helped lead to an earnings beat and raise.

18 hours ago - Market Watch

Lockheed Martin ups FY26 adjusted EPS view to $29.95-$30.65 from $29.35-$30.25

Consensus $29.89. Raises FY26 revenue view to $79.75B-$81.75B from $77.5B-$80B, consensus $79.13B. Raises FY26 free cash flow view to $7B-$7.2B from $6.5B-$6.8B. The company said, “These results are p...

19 hours ago - TheFly

Lockheed Martin Raises Full-Year Outlook on Continued Expansion of Munitions Production

Lockheed Martin raised its full-year outlook after its second-quarter profit rose as the defense contractor continues to rapidly expand munitions production.

19 hours ago - WSJ

Lockheed Martin reports Q2 EPS $7.94, consensus $7.20

Reports Q2 revenue $20.06B, consensus $19.33B. Reports record backlog of $230B. “We delivered strong second-quarter performance, with over $20billion in sales – a year-over-year increase of 11% – free...

19 hours ago - TheFly

Lockheed Martin lifts 2026 forecasts as Pentagon seeks to restock weapons

Defense giant Lockheed Martin lifted its 2026 sales and profit forecasts on ​Thursday as the Pentagon looks to replenish weapons stockpiles amid a ‌wave of global conflicts.

19 hours ago - Reuters

Lockheed Crushed Earnings. The Stock Needed That.

The defense contractor beat earnings and revenue estimates in the second quarter.

19 hours ago - Barrons

Lockheed Martin Reports Second Quarter 2026 Financial Results

Sales increase of 11% to $20.1 billion Net earnings of $1.8 billion, or $7.94 per share Cash from operations of $3.2 billion and free cash flow of $2.9 billion Record backlog of $230 billion, inclusiv...

19 hours ago - PRNewsWire

Lockheed Martin Declares Third Quarter 2026 Dividend

BETHESDA, Md., July 22, 2026 /PRNewswire/ -- The Lockheed Martin Corporation (NYSE: LMT) board of directors has authorized a third quarter 2026 dividend of $3.45 per share.

1 day ago - PRNewsWire

Lockheed Martin Reports Q2 Earnings Tomorrow. Here is What Investors Should Expect.

Defense giant Lockheed Martin ($LMT) reports its Q2 earnings tomorrow. Here is what investors should expect to see. The company, whose diverse operations are structured into four key segments: Aeronau...

1 day ago - TipRanks

Companies race to deliver autonomous uncrewed fighter jets

Boeing flexed its muscle in the race to build autonomous fighter aircraft at the Farnborough Airshow, displaying its Ghost Bat drone, as rivals pitched competing designs for what could become a new mu...

Other symbols: BANOC
2 days ago - Reuters

Lockheed's Martin Says Space Is Now Key to Warfighting Plans

The UK is hosting the Farnborough International Air Show, a key gathering of leaders in the aerospace industry. Wes Streeting, the new UK Defence Secretary, has set aside billions for space capabiliti...

2 days ago - Bloomberg Markets and Finance

Lockheed Martin announces joint technology development pact with Venus Aerospace

Lockheed Martin (LMT) and Venus Aerospace announced a joint technology development agreement to evaluate and mature Rotating Detonation Rocket Engine technology for future long-range precision fires a...

2 days ago - TheFly

Lockheed Martin and Venus Aerospace Collaborate to Advance Next-Generation Propulsion for Long-Range Precision Fires

DALLAS, July 21, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) and Venus Aerospace announced a joint technology development agreement to evaluate and mature Rotating Detonation Rocket Engine (RDRE)...

2 days ago - PRNewsWire

A new Patriot missile costs less than half the price of a regular interceptor, Lockheed Martin says

Lockheed Martin is introducing a new, cheaper Patriot missile. The PAC-3 ACE is meant to cost less than half the price of the regular $4.2 million PAC-3 MSE.

3 days ago - Business Insider

Calls of the Day: Nvidia, Boeing, Lockheed Martin, Uber and Charles Schwab

The Investment Committee debate the latest Calls of the Day.

Other symbols: BANVDASCHWUBER
3 days ago - CNBC Television

Trump orders tightening of defense supply chain waiver rules

President Donald Trump on Monday signed an executive order making it harder for U.S. defense contractors to obtain waivers allowing them to ​buy critical minerals and other materials from China and ot...

Other symbols: BAMP
3 days ago - Reuters

Lockheed Martin introduces PAC-3 ACE, a low-cost interceptor

Lockheed Martin (LMT) announced the introduction of the PAC-3 Adapted Capability Effector, PAC-3 ACE, a low-cost interceptor built to defeat a range of air and missile threats for less than…

3 days ago - TheFly

Lockheed Martin (LMT) Takes On Startups with Cheaper Interceptor, Killer Drone

Defense contractor Lockheed Martin ($LMT) is looking to fight off pricing competition from startups. On Monday, it introduced a cheaper version of its Patriot interceptor and the more affordable Morfi...

3 days ago - TipRanks