Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
607.48
+13.74 (2.31%)
At close: Aug 18, 2026, 4:00 PM EDT
609.22
+1.74 (0.29%)
After-hours: Aug 18, 2026, 4:12 PM EDT

Lockheed Martin Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Lockheed Martin stock has a consensus rating of "Hold" and an average price target of $632.95. The average 1-year stock price forecast is 4.19% higher than the current stock price, while the lowest is $503 (-17.20%) and the highest is $756 (+24.45%).

Price Target: $632.95 (+4.19%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price$503$632.95$620$756
Change-17.20%+4.19%+2.06%+24.45%

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

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy554455
Buy122221
Hold151414141314
Sell000000
Strong Sell111111
Total222221212121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Citi
Citi
Buy
Maintains
$641$691
BuyMaintains$641$691+13.75%Aug 13, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$605$620
HoldMaintains$605$620+2.06%Jul 29, 2026
TD Cowen
TD Cowen
Hold
Maintains
$560$600
HoldMaintains$560$600-1.23%Jul 27, 2026
Goldman Sachs
Goldman Sachs
Sell
Maintains
$487$503
SellMaintains$487$503-17.20%Jul 27, 2026
Bank of America Securities
Bank of America Securities
Hold
Reiterates
$600
HoldReiterates$600-1.23%Jul 27, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
80.96B
from 75.05B
Increased by 7.88%
Revenue Next Year
85.31B
from 80.96B
Increased by 5.37%
EPS This Year
30.48
from 21.49
Increased by 41.84%
EPS Next Year
32.72
from 30.48
Increased by 7.33%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
67.04B65.98B67.57B71.04B75.05B80.96B
Revenue Growth
2.52%-1.58%2.41%5.14%5.64%7.88%
Gross Profit
9.10B8.39B8.57B7.02B7.69B10.79B
Gross Margin
13.57%12.71%12.68%9.88%10.24%13.32%
Operating Income
7.82B7.47B9.06B7.18B6.99B9.68B
Net Income
6.32B5.73B6.92B5.34B5.02B7.04B
EPS
----21.4930.48
EPS Growth
-----23.22%41.84%
Forward PE
13.3318.3317.2017.9817.7119.93
Dividend / Share
10.6011.4012.1512.7513.3514.01
Dividend Growth
8.16%7.55%6.58%4.94%4.71%4.94%
Free Cash Flow
5.17B3.79B5.46B5.71B5.28B7.14B
No. Analysts
-----20
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High81.5B
Avg81.0B
Low79.7B

Revenue Growth

Revenue Growth202620272028
High
8.6%
Avg
7.9%
Low
6.2%

EPS Forecast

EPS202620272028
High30.91
Avg30.48
Low30.09

EPS Growth

EPS Growth202620272028
High
43.8%
Avg
41.8%
Low
40.0%