Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
486.49
-2.53 (-0.52%)
At close: Dec 23, 2024, 4:00 PM
489.00
+2.51 (0.52%)
After-hours: Dec 23, 2024, 4:57 PM EST

Lockheed Martin Stock Forecast

Stock Price Forecast

The 11 analysts with 12-month price forecasts for Lockheed Martin stock have an average target of 624.09, with a low estimate of 543 and a high estimate of 700. The average target predicts an increase of 28.28% from the current stock price of 486.49.

Analyst Consensus: Buy
Target Low Average Median High
Price $543 $624.09 $620 $700
Change +11.62% +28.28% +27.44% +43.89%

Analyst Ratings

The average analyst rating for LMT stock from 11 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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 444444
Buy 233333
Hold 655444
Sell 000000
Strong Sell 000000
Total 121212111111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Wells Fargo
Wells Fargo
Hold
Maintains
$602$543
Hold Maintains $602$543 +11.62% Dec 11, 2024
Barclays
Barclays
Hold
Maintains
$505$565
Hold Maintains $505$565 +16.14% Oct 29, 2024
RBC Capital
RBC Capital
Buy
Maintains
$675$665
Buy Maintains $675$665 +36.69% Oct 23, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$560$610
Strong Buy Maintains $560$610 +25.39% Oct 23, 2024
UBS
UBS
Hold
Maintains
$589$603
Hold Maintains $589$603 +23.95% Oct 23, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
71.96B
from 67.57B
Increased by 6.49%
Revenue Next Year
74.77B
from 71.96B
Increased by 3.91%
EPS This Year
26.93
from 27.55
Decreased by -2.26%
EPS Next Year
28.32
from 26.93
Increased by 5.17%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
59.81B65.40B67.04B65.98B67.57B71.96B74.77B77.54B
Revenue Growth
11.25%9.34%2.52%-1.58%2.41%6.49%3.91%3.70%
EPS
21.9524.3022.7621.6627.5526.9328.3230.02
EPS Growth
24.79%10.73%-6.35%-4.83%27.19%-2.26%5.17%6.01%
Forward PE
-----18.0717.1816.20
No. Analysts -----252621
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 74.9B 79.3B 83.3B
Avg 72.0B 74.8B 77.5B
Low 69.5B 70.8B 72.6B

Revenue Growth

Revenue Growth 20242025202620272028
High
10.9%
10.2%
11.4%
Avg
6.5%
3.9%
3.7%
Low
2.9%
-1.6%
-2.9%

EPS Forecast

EPS 20242025202620272028
High 28.19 30.89 33.52
Avg 26.93 28.32 30.02
Low 25.90 26.19 27.47

EPS Growth

EPS Growth 20242025202620272028
High
2.3%
14.7%
18.3%
Avg
-2.3%
5.2%
6.0%
Low
-6.0%
-2.8%
-3.0%
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.