Lockheed Martin Corporation (LMT)

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 6.48% increase in the stock price over the next year. The lowest target is $432 and the highest is $630.

Price Target: $518.79 (+6.48%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$432	$518.79	$515	$630
Change	-11.33%	+6.48%	+5.71%	+29.31%

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	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	3	3	2	2	2	1
Buy	3	3	3	3	3	4
Hold	7	7	9	9	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gavin Parsons UBS	UBS	Hold Maintains $514 → $513	Hold	Maintains	$514 → $513	+5.30%	Oct 22, 2025
Douglas Harned Bernstein	Bernstein	Hold Maintains $497 → $545	Hold	Maintains	$497 → $545	+11.86%	Oct 20, 2025
Michael Ciarmoli Truist Securities	Truist Securities	Hold Maintains $440 → $500	Hold	Maintains	$440 → $500	+2.63%	Oct 15, 2025
Kristine Liwag Morgan Stanley	Morgan Stanley	Buy Maintains $530 → $630	Buy	Maintains	$530 → $630	+29.31%	Oct 15, 2025
Charles Minervino Susquehanna	Susquehanna	Buy Maintains $490 → $590	Buy	Maintains	$490 → $590	+21.10%	Oct 9, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

75.04B

Increased by 5.63%

from 71.04B

Revenue Next Year

78.01B

Increased by 3.96%

from 75.04B

EPS This Year

22.09

Decreased by -1.00%

from 22.31

EPS Next Year

29.33

Increased by 32.80%

from 22.09

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	65.40B	67.04B	65.98B	67.57B	71.04B	75.04B	78.01B
Revenue Growth	9.34%	2.52%	-1.58%	2.41%	5.14%	5.63%	3.96%
EPS	24.30	22.76	21.66	27.55	22.31	22.09	29.33
EPS Growth	10.73%	-6.35%	-4.83%	27.19%	-19.02%	-1.00%	32.80%
Forward PE	-	-	-	-	-	22.06	16.61
No. Analysts	-	-	-	-	-	23	24

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	78.4B	82.1B
Avg	75.0B	78.0B
Low	72.2B	74.5B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	10.3%	9.3%
Avg	5.6%	4.0%
Low	1.6%	-0.7%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	23.34	31.55
Avg	22.09	29.33
Low	21.29	25.24

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	4.6%	42.9%
Avg	-1.0%	32.8%
Low	-4.6%	14.3%

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.