Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
472.46
+1.90 (0.40%)
At close: Jun 23, 2025, 4:00 PM
466.90
-5.56 (-1.18%)
After-hours: Jun 23, 2025, 7:59 PM EDT

Lockheed Martin Stock Forecast

Stock Price Forecast

The 13 analysts that cover Lockheed Martin stock have a consensus rating of "Buy" and an average price target of $528.69, which forecasts a 11.9% increase in the stock price over the next year. The lowest target is $432 and the highest is $610.

Price Target: $528.69 (+11.9%)
Analyst Consensus: Buy
Target Low Average Median High
Price $432 $528.69 $525 $610
Change -8.56% +11.90% +11.12% +29.11%
* Price targets were last updated on Apr 23, 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 Jan '25Feb '25Mar '25Apr '25May '25Jun '25
Strong Buy 443333
Buy 332333
Hold 557777
Sell 000000
Strong Sell 000000
Total 121212131313

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Hold
Maintains
$481$499
Hold Maintains $481$499 +5.62% Apr 23, 2025
Baird
Baird
Buy
Upgrades
$540
Buy Upgrades $540 +14.30% Apr 23, 2025
Wells Fargo
Wells Fargo
Hold
Maintains
$476$432
Hold Maintains $476$432 -8.56% Apr 8, 2025
RBC Capital
RBC Capital
Hold
Downgrades
$550$480
Hold Downgrades $550$480 +1.60% Mar 27, 2025
B of A Securities
B of A Securities
Hold
Downgrades
$685$485
Hold Downgrades $685$485 +2.65% Mar 24, 2025
More Analyst Ratings

Financial Forecast

Revenue This Year
75.15B
from 71.04B
Increased by 5.78%
Revenue Next Year
78.08B
from 75.15B
Increased by 3.90%
EPS This Year
27.67
from 22.31
Increased by 24.02%
EPS Next Year
30.16
from 27.67
Increased by 9.00%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026 Dec 31, 2027
Revenue
65.40B67.04B65.98B67.57B71.04B75.15B78.08B80.96B
Revenue Growth
9.34%2.52%-1.58%2.41%5.14%5.78%3.90%3.69%
EPS
24.3022.7621.6627.5522.3127.6730.1632.38
EPS Growth
10.73%-6.35%-4.83%27.19%-19.02%24.02%9.00%7.37%
Forward PE
-----17.0815.6614.59
No. Analysts
-----272716
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20252026202720282029
High 78.5B 82.5B 85.8B
Avg 75.1B 78.1B 81.0B
Low 72.3B 74.1B 76.0B

Revenue Growth

Revenue Growth 20252026202720282029
High
10.5%
9.8%
9.9%
Avg
5.8%
3.9%
3.7%
Low
1.7%
-1.4%
-2.6%

EPS Forecast

EPS 20252026202720282029
High 29.74 32.66 35.44
Avg 27.67 30.16 32.38
Low 26.59 27.78 29.68

EPS Growth

EPS Growth 20252026202720282029
High
33.3%
18.0%
17.5%
Avg
24.0%
9.0%
7.4%
Low
19.2%
0.4%
-1.6%
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.