Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
468.26
-1.65 (-0.35%)
At close: Nov 20, 2025, 4:00 PM EST
468.35
+0.09 (0.02%)
After-hours: Nov 20, 2025, 7:59 PM EST
Lockheed Martin Stock Forecast
Stock Price Forecast
The 14 analysts that cover Lockheed Martin stock have a consensus rating of "Buy" and an average price target of $518.79, which forecasts a 10.79% increase in the stock price over the next year. The lowest target is $432 and the highest is $630.
Price Target: $518.79 (+10.79%)
Analyst Consensus: Buy
* Price targets were last updated on Oct 22, 2025.
Analyst Ratings
The average analyst rating for Lockheed Martin stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jun '25 | Jul '25 | Aug '25 | Sep '25 | Oct '25 | Nov '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 2 | 1 |
| Buy | 3 | 3 | 3 | 3 | 4 | 4 |
| Hold | 7 | 9 | 9 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 14 | 14 | 14 | 15 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $514 → $513 | Hold | Maintains | $514 → $513 | +9.55% | Oct 22, 2025 |
| Bernstein | Bernstein | Hold Maintains $497 → $545 | Hold | Maintains | $497 → $545 | +16.39% | Oct 20, 2025 |
| Truist Securities | Truist Securities | Hold Maintains $440 → $500 | Hold | Maintains | $440 → $500 | +6.78% | Oct 15, 2025 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $530 → $630 | Buy | Maintains | $530 → $630 | +34.54% | Oct 15, 2025 |
| Susquehanna | Susquehanna | Buy Maintains $490 → $590 | Buy | Maintains | $490 → $590 | +26.00% | Oct 9, 2025 |
Financial Forecast
Revenue This Year
75.29B
from 71.04B
Increased by 5.97%
Revenue Next Year
78.48B
from 75.29B
Increased by 4.24%
EPS This Year
22.51
from 22.31
Increased by 0.90%
EPS Next Year
29.43
from 22.51
Increased by 30.73%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 78.6B | 82.9B | |||
| Avg | 75.3B | 78.5B | |||
| Low | 72.4B | 74.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 10.7% | 10.1% | |||
| Avg | 6.0% | 4.2% | |||
| Low | 1.9% | -0.7% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 23.75 | 31.58 | |||
| Avg | 22.51 | 29.43 | |||
| Low | 21.55 | 25.53 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 6.5% | 40.3% | |||
| Avg | 0.9% | 30.7% | |||
| Low | -3.4% | 13.4% |
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.