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 $496.64, which forecasts a 8.87% increase in the stock price over the next year. The lowest target is $432 and the highest is $610.

Price Target: $496.64 (+8.87%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$432	$496.64	$490	$610
Change	-5.30%	+8.87%	+7.41%	+33.72%

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	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	3	3	3	3	2	2
Buy	2	3	3	3	3	3
Hold	7	7	7	7	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	13	13	13	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Ronald Epstein B of A Securities	B of A Securities	Hold Maintains $495 → $480	Hold	Maintains	$495 → $480	+5.22%	Aug 21, 2025
Gavin Parsons UBS	UBS	Hold Maintains $498 → $453	Hold	Maintains	$498 → $453	-0.70%	Jul 23, 2025
Seth Seifman JP Morgan	JP Morgan	Buy Maintains $520 → $465	Buy	Maintains	$520 → $465	+1.93%	Jul 23, 2025
Michael Ciarmoli Truist Securities	Truist Securities	Strong Buy → Hold Downgrades $554 → $440	Strong Buy → Hold	Downgrades	$554 → $440	-3.55%	Jul 23, 2025
Ken Herbert RBC Capital	RBC Capital	Hold Maintains $480 → $440	Hold	Maintains	$480 → $440	-3.55%	Jul 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

75.06B

Increased by 5.65%

from 71.04B

Revenue Next Year

77.94B

Increased by 3.85%

from 75.06B

EPS This Year

22.64

Increased by 1.46%

from 22.31

EPS Next Year

29.45

Increased by 30.11%

from 22.64

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	75.06B	77.94B
Revenue Growth	9.34%	2.52%	-1.58%	2.41%	5.14%	5.65%	3.85%
EPS	24.30	22.76	21.66	27.55	22.31	22.64	29.45
EPS Growth	10.73%	-6.35%	-4.83%	27.19%	-19.02%	1.46%	30.11%
Forward PE	-	-	-	-	-	20.15	15.49
No. Analysts	-	-	-	-	-	24	25

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	78.3B	82.1B
Avg	75.1B	77.9B
Low	72.2B	74.0B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	10.2%	9.4%
Avg	5.6%	3.8%
Low	1.6%	-1.3%

EPS Forecast

EPS	2025	2026	2027	2028	2029
High	28.76	31.94
Avg	22.64	29.45
Low	21.29	25.24

EPS Growth

EPS Growth	2025	2026	2027	2028	2029
High	28.9%	41.1%
Avg	1.5%	30.1%
Low	-4.6%	11.5%

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.