Lockheed Martin Corporation (LMT)
NYSE: LMT · IEX Real-Time Price · USD
461.70
-3.08 (-0.66%)
Apr 26, 2024, 12:36 PM EDT - Market open
Lockheed Martin Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Lockheed Martin stock have an average target of 495.78, with a low estimate of 440 and a high estimate of 540. The average target predicts an increase of 7.38% from the current stock price of 461.70.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for LMT stock from 9 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 8 | 8 | 8 | 8 | 8 | 6 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 1 | 1 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 12 | 12 | 12 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wells Fargo | Wells Fargo | Hold Maintains $460 → $480 | Hold | Maintains | $460 → $480 | +3.96% | Apr 25, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $467 → $487 | Hold | Maintains | $467 → $487 | +5.48% | Apr 25, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $508 → $525 | Strong Buy | Maintains | $508 → $525 | +13.71% | Apr 24, 2024 |
| UBS | UBS | Hold Maintains $482 → $499 | Hold | Maintains | $482 → $499 | +8.08% | Apr 24, 2024 |
| JP Morgan | JP Morgan | Hold → Buy Upgrades $475 → $518 | Hold → Buy | Upgrades | $475 → $518 | +12.20% | Apr 15, 2024 |
Financial Forecast
Revenue This Year
70.16B
from 67.57B
Increased by 3.83%
Revenue Next Year
72.63B
from 70.16B
Increased by 3.52%
EPS This Year
26.30
from 27.55
Decreased by -4.54%
EPS Next Year
27.99
from 26.30
Increased by 6.42%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 73.5B | 77.1B | 80.5B | 80.3B |
| Avg | 70.2B | 72.6B | 75.1B | 75.5B |
| Low | 67.3B | 68.6B | 70.1B | 71.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.7% | 9.9% | 10.8% | 6.9% |
| Avg | 3.8% | 3.5% | 3.5% | 0.5% |
| Low | -0.4% | -2.3% | -3.5% | -5.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 27.77 | 30.66 | 32.76 | 33.71 |
| Avg | 26.30 | 27.99 | 29.44 | 31.10 |
| Low | 25.06 | 25.69 | 26.08 | 29.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 0.8% | 16.6% | 17.1% | 14.5% |
| Avg | -4.5% | 6.4% | 5.2% | 5.6% |
| Low | -9.0% | -2.3% | -6.8% | -1.1% |
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.