Lockheed Martin Corporation (LMT)
| Market Cap | 131.37B +33.6% |
| Revenue (ttm) | 77.01B +7.2% |
| Net Income | 6.29B +49.5% |
| EPS | 27.14 +52.5% |
| Shares Out | 230.79M |
| PE Ratio | 20.97 |
| Forward PE | 18.39 |
| Dividend | $13.80 (2.42%) |
| Ex-Dividend Date | Sep 1, 2026 |
| Volume | 1,606,540 |
| Open | 585.00 |
| Previous Close | 581.31 |
| Day's Range | 568.74 - 587.00 |
| 52-Week Range | 412.55 - 692.00 |
| Beta | 0.11 |
| Analysts | Hold |
| Price Target | 628.21 (+10.37%) |
| Earnings Date | Jul 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]
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 StatementsAnalyst Summary
According to 21 analysts, the average rating for LMT stock is "Hold." The 12-month stock price target is $628.21, which is an increase of 10.37% from the latest price.
News
Department of War Awards Lockheed Martin $58.62B for Multiyear PAC-3 MSE Production to Strengthen the Arsenal of Freedom
DALLAS, July 29, 2026 /PRNewswire/ -- Today, the U.S. government awarded Lockheed Martin (NYSE: LMT) a seven-year undefinitized contract action (UCA) modification for up to $53.86 billion for PAC-3 Mi...
US awards Lockheed Martin $58.6 billion in largest-ever Patriot missile deal
The U.S. Army has awarded Lockheed Martin a contract worth up to $58.62 billion for production of Patriot interceptor missiles, the Department of Defense said on Wednesday, a record contract awar...
Lockheed Martin awarded $53.9B contract modification to Patriot missile program
The Army has “awarded Lockheed Martin (LMT) Corp. a $53,859,843,289 modification to the PATRIOT Advance Capability-3 Production program contract. The award replaces the FY26 one-year undefinitized con...
Ukraine’s Zelenskyy announces meeting with Lockheed Martin
President of Ukraine Volodymyr Zelenskyy said via X: “I met with the team of the Lockheed Martin (LMT) defense company – one of the strongest enterprises in the United States,…
L3Harris Stock (LHX) Gains on ‘Transformational’ Missile Parts Deals Ahead of Q2 Earnings
U.S. defense company L3Harris Technologies ($LHX) has secured two seven-year deals to accelerate the production of rocket motors and other propulsion parts for Lockheed Martin’s ($LMT) PAC-3 and THAAD...
Western defense companies are looking to Ukrainian firms for lessons on how to build in wartime conditions
Western defense firms are partnering with Ukrainian companies to learn from wartime production. A Ukrainian official said Western firms want to move faster and build under attack.
L3Harris signs agreement to increase production for PAC-3 MSE
L3Harris Technologies (LHX) has signed a framework agreement with the Department of War, DoW, and Lockheed Martin (LMT), leveraging the government’s multi-year procurement authorities to enable a long...
L3Harris Technologies signs framework to quadruple THAAD propulsion production
L3Harris Technologies (LHX) has signed a framework agreement with the Department of War and Lockheed Martin (LMT) for a multi-year contract to quadruple propulsion production for the Terminal High Alt...
Kratos Defense delivers component for Lockheed Martin propulsion system
Kratos Defense (KTOS) announced that it has successfully developed, tested, and delivered advanced turbomachinery supporting development of Lockheed Martin’s (LMT) advanced ramjet propulsion system.
Lockheed Martin price target raised to $600 from $575 at Wells Fargo
Wells Fargo raised the firm’s price target on Lockheed Martin (LMT) to $600 from $575 and keeps an Equal Weight rating on the shares. The firm also raises its estimates…
Lockheed Martin price target raised to $595 from $575 at Jefferies
Jefferies raised the firm’s price target on Lockheed Martin (LMT) to $595 from $575 and keeps a Hold rating on the shares post the Q2 report. The company raised its…
Lockheed Martin price target raised to $600 from $575 at RBC Capital
RBC Capital analyst Ken Herbert raised the firm’s price target on Lockheed Martin (LMT) to $600 from $575 and keeps a Sector Perform rating on the shares. The company reported…
Lockheed Martin price target raised to $700 from $640 at Baird
Baird raised the firm’s price target on Lockheed Martin (LMT) to $700 from $640 and keeps an Outperform rating on the shares. The firm updated its model followng its beat…
Lockheed Martin price target raised to $690 from $653 at Morgan Stanley
Morgan Stanley raised the firm’s price target on Lockheed Martin (LMT) to $690 from $653 and keeps an Equal Weight rating on the shares following what the firm calls “a…
US weapons makers confront Europe's drive for local control
As U.S. defence companies descended on Britain's Farnborough Airshow this week hoping to tap Europe's military spending boom, they encountered increased concern among customers about reliance on Ameri...
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...
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...
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.
Lockheed Martin Earnings release: Q2 2026
Lockheed Martin released its Q2 2026 earnings on July 23, 2026, summarizing the period's financial results.
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.
Lockheed Martin Quarterly report: Q2 2026
Lockheed Martin has published its Q2 2026 quarterly earnings report on July 23, 2026.
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.
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.
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.
Lockheed Crushed Earnings. The Stock Needed That.
The defense contractor beat earnings and revenue estimates in the second quarter.