Lockheed Martin Corporation (LMT)

NYSE: LMT · Real-Time Price · USD
509.54
+0.77 (0.15%)
At close: Jul 20, 2026, 4:00 PM EDT
510.19
+0.65 (0.13%)
After-hours: Jul 20, 2026, 7:54 PM EDT
Market Cap117.48B +6.4%
Revenue (ttm)75.11B +4.6%
Net Income4.79B -12.9%
EPS20.62 -11.0%
Shares Out 230.56M
PE Ratio24.71
Forward PE16.67
Dividend$13.80 (2.71%)
Ex-Dividend DateJun 1, 2026
Volume998,872
Open510.63
Previous Close508.77
Day's Range507.74 - 515.84
52-Week Range410.11 - 692.00
Beta0.11
AnalystsHold
Price Target606.68 (+19.06%)
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 $606.68, which is an increase of 19.06% from the latest price.

Price Target
$606.68
(19.06% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

51 minutes 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
9 hours 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
9 hours 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…

18 hours 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...

19 hours ago - TipRanks

Lockheed to make cheaper Patriot interceptors as air defense demand soars

Lockheed Martin announced a lower-cost Patriot interceptor on Monday as militaries seek cheaper ways to counter drones and missiles, while defense contractors face competition from startups making low...

23 hours ago - Reuters

Lockheed Martin Introduces PAC-3 ACE™ - A High-Performance, Low-Cost Interceptor

PAC-3 ACE costs less than half of PAC-3 MSE FARNBOROUGH, England, July 20, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) today announced the introduction of the PAC-3® Adapted Capability Effector (...

23 hours ago - PRNewsWire

Lockheed Martin Plans Bargain-Rate Patriot Missile to Replenish Low Stockpiles

The defense contractor says the new design could be fielded faster and cost less than half as much as its bestselling version.

23 hours ago - WSJ

Lockheed Martin awarded $101.75M Air Force contract

Lockheed Martin (LMT) has been awarded a $101.75M hybrid cost-plus-fixed-fee and firm-fixed-price contract for Republic of Korea Peace Krypton Prime Mission Equipment sustainment. This contract provid...

4 days ago - TheFly

Lockheed Martin to Provide Next-Generation Logistics and Sustainment Support for U.S. Special Operations Command Under New Contract

ORLANDO, Fla., July 16, 2026 /PRNewswire/ -- As part of a historic investment to rebuild the Arsenal of Freedom, the Department of War named Lockheed Martin (NYSE: LMT) the prime contractor of U.S. Sp...

4 days ago - PRNewsWire

Lockheed Martin awarded $1.6B Navy contract order

Lockheed Martin (LMT) was awarded a $1.6B firm-fixed-price order against a previously issued basic ordering agreement. This order procures initial spares for F-35 production aircraft to support the gl...

4 days ago - TheFly

Lockheed Martin awarded $439.39M Army contract action

Lockheed Martin (LMT) was awarded a $439.39M undefinitized contract action for procurement of the ATACMS guided missile and launching assembly. The total cumulative face value of the contract is $896....

4 days ago - TheFly

Lockheed Martin awarded $10.53B, 12-year USSOCOM contract

Lockheed Martin (LMT) has been awarded an indefinite-delivery/indefinite-quantity 12-year contract with a ceiling value of up to $10.53B. This contract will provide non-personal, global logistics supp...

4 days ago - TheFly

Lockheed Martin Ventures to open London office, invest $100M in UK and Europe

Lockheed Martin (LMT) Ventures, the company’s $1B startup investment arm, is opening a London office with the goal of investing at least $100M of its funding in the United Kingdom…

4 days ago - TheFly

Lockheed Martin Earmarks $100 Million for Venture Capital Investments in U.K., Europe

LONDON, July 16, 2026 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) is expanding the reach of its venture capital fund to support development of promising defense technologies in British and European ma...

5 days ago - PRNewsWire

XNDU Stock Rebounds as Xanadu Expands Quantum Partnership with Lockheed Martin

Xanadu Quantum Technologies Limited ($XNDU), a photonic quantum computing company, is expanding its relationship with Lockheed Martin Corporation ($LMT) through a new workforce training initiative foc...

Other symbols: XNDU
6 days ago - TipRanks

Xanadu Quantum, Lockheed Martin announce new quantum training effort

Xanadu Quantum (XNDU) and Lockheed Martin (LMT) announced a new strategic effort to scale quantum training and workforce development through Lockheed Martin’s Quantum Talent Pipeline program. Building...

Other symbols: XNDU
6 days ago - TheFly

The Iran War Hasn't Helped Defense Stocks. Maybe Earnings Can.

Expectations for defense earnings are low. That isn't the case for commercial aerospace earnings, though.

Other symbols: BAGDGEITALHXRTX
7 days ago - Barrons

Lockheed Martin price target lowered to $560 from $600 at TD Cowen

TD Cowen lowered the firm’s price target on Lockheed Martin (LMT) to $560 from $600 and keeps a Hold rating on the shares. The firm adjusted targets in the aerospace…

7 days ago - TheFly

Trump turns NATO spending fight into win for US defense companies

Trump secured $3 billion in defense deals at the NATO summit, with Lockheed Martin, RTX, Boeing and Anduril expanding missile production across Europe.

Other symbols: BARTX
11 days ago - Fox Business

5 overlooked stocks analysts like for this summer

The S&P 500 gained 9.6% in the first half of 2026 and nearly 15% in the second quarter alone, its strongest quarterly rally since 2020. Yet beneath the headline gains, Wall Street is increasingly look...

Other symbols: MCDTOSTUAAYUM
11 days ago - Invezz

Goldman Sachs wins $70 billion in asset management deals with Verizon, Lockheed Martin

Goldman Sachs won deals with Verizon Communications and Lockheed Martin to manage a combined $70 billion in retirement assets. Some of America's largest employers are increasingly handing responsibili...

Other symbols: VZ
11 days ago - CNBC

Lockheed Martin price target lowered to $575 from $650 at Wells Fargo

Wells Fargo lowered the firm’s price target on Lockheed Martin (LMT) to $575 from $650 and keeps an Equal Weight rating on the shares. The firm still sees second half…

11 days ago - TheFly

Lockheed Martin awarded $502.38M Army contract

Lockheed Martin (LMT) was awarded a $502.38M hybrid contract for post-production support services for Modernized Target Acquisition Designation Sight/Pilot Night Vision Sight systems supporting AH-64 ...

12 days ago - TheFly

Lockheed Martin (LMT) and Northrop Grumman Stocks Hit with Price Target Cuts — Here’s Why

Wells Fargo analyst David Strauss has slashed his price targets for defense contractors Lockheed Martin ($LMT) and Northrop Grumman ($NOC). He cited the recent meaningful underperformance of defense s...

Other symbols: NOC
12 days ago - TipRanks