Lockheed Martin Corporation (LMT)

Lockheed Martin Stock Forecast

Stock Price Forecast

The 15 analysts that cover Lockheed Martin stock have a consensus rating of "Hold" and an average price target of $515.4, which forecasts a 5.62% increase in the stock price over the next year. The lowest target is $432 and the highest is $600.

Price Target: $515.4 (+5.62%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$432	$515.4	$515	$600
Change	-11.47%	+5.62%	+5.54%	+22.96%

Analyst Ratings

The average analyst rating for Lockheed Martin stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	2	2	2	2	2	1
Buy	3	3	3	4	4	2
Hold	9	9	9	9	9	12
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	14	14	14	15	15	15

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Seth Seifman JP Morgan	JP Morgan	Buy → Hold Downgrades $465 → $515	Buy → Hold	Downgrades	$465 → $515	+5.54%	Dec 19, 2025
Kristine Liwag Morgan Stanley	Morgan Stanley	Buy → Hold Downgrades $630 → $543	Buy → Hold	Downgrades	$630 → $543	+11.28%	Dec 16, 2025
John Godyn Citigroup	Citigroup	Hold Initiates $505	Hold	Initiates	$505	+3.49%	Dec 12, 2025
Gavin Parsons UBS	UBS	Hold Maintains $514 → $513	Hold	Maintains	$514 → $513	+5.13%	Oct 22, 2025
Douglas Harned Bernstein	Bernstein	Hold Maintains $497 → $545	Hold	Maintains	$497 → $545	+11.69%	Oct 20, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

75.32B

Increased by 6.01%

from 71.04B

Revenue Next Year

78.53B

Increased by 4.26%

from 75.32B

EPS This Year

22.42

Increased by 0.50%

from 22.31

EPS Next Year

29.55

Increased by 31.80%

from 22.42

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	75.32B	78.53B
Revenue Growth	9.34%	2.52%	-1.58%	2.41%	5.14%	6.01%	4.26%
EPS	24.30	22.76	21.66	27.55	22.31	22.42	29.55
EPS Growth	10.73%	-6.35%	-4.83%	27.19%	-19.02%	0.50%	31.80%
Forward PE	-	-	-	-	-	21.76	16.51
No. Analysts	-	-	-	-	-	25	26

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029	2030
High	78.6B	82.9B
Avg	75.3B	78.5B
Low	72.7B	74.7B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029	2030
High	10.7%	10.0%
Avg	6.0%	4.3%
Low	2.3%	-0.8%

EPS Forecast

EPS	2025	2026	2027	2028	2029	2030
High	24.36	32.29
Avg	22.42	29.55
Low	20.13	25.53

EPS Growth

EPS Growth	2025	2026	2027	2028	2029	2030
High	9.2%	44.0%
Avg	0.5%	31.8%
Low	-9.8%	13.9%

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.