Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
530.21
-5.17 (-0.97%)
At close: Jul 8, 2026, 4:00 PM EDT
530.25
+0.04 (0.01%)
After-hours: Jul 8, 2026, 7:57 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 $617.05. The average 1-year stock price forecast is 16.38% higher than the current stock price, while the lowest is $511 (-3.62%) and the highest is $756 (+42.59%).

Price Target: $617.05 (+16.38%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$511$617.05$605$756
Change-3.62%+16.38%+14.11%+42.59%

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

RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy555445
Buy112222
Hold141514141413
Sell000000
Strong Sell111111
Total212222212121

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Wells Fargo
Wells Fargo
Hold
Reiterates
$650
HoldReiterates$650+22.59%Jul 7, 2026
Citi
Citi
Buy
Upgrades
$571$582
BuyUpgrades$571$582+9.77%Jul 1, 2026
UBS
UBS
Hold
Reiterates
$683$538
HoldReiterates$683$538+1.47%Jun 29, 2026
Jefferies
Jefferies
Hold
Reiterates
$595$575
HoldReiterates$595$575+8.45%Jun 25, 2026
Goldman Sachs
Goldman Sachs
Sell
Maintains
$511
SellMaintains$511-3.62%Jun 2, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
79.14B
from 75.05B
Increased by 5.45%
Revenue Next Year
83.35B
from 79.14B
Increased by 5.32%
EPS This Year
29.86
from 21.49
Increased by 38.94%
EPS Next Year
32.09
from 29.86
Increased by 7.47%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
67.04B65.98B67.57B71.04B75.05B79.14B
Revenue Growth
2.52%-1.58%2.41%5.14%5.64%5.45%
Gross Profit
9.10B8.39B8.57B7.02B7.69B10.01B
Gross Margin
13.57%12.71%12.68%9.88%10.24%12.65%
Operating Income
7.82B7.47B9.06B7.18B6.99B9.59B
Net Income
6.32B5.73B6.92B5.34B5.02B6.91B
EPS
----21.4929.86
EPS Growth
-----23.22%38.94%
Forward PE
13.3318.3317.2017.9817.7117.76
Dividend / Share
10.6011.4012.1512.7513.3513.99
Dividend Growth
-7.55%6.58%4.94%4.71%4.83%
Free Cash Flow
5.17B3.79B5.46B5.71B5.28B6.65B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High79.8B
Avg79.1B
Low78.6B

Revenue Growth

Revenue Growth202620272028
High
6.4%
Avg
5.5%
Low
4.7%

EPS Forecast

EPS202620272028
High30.19
Avg29.86
Low29.60

EPS Growth

EPS Growth202620272028
High
40.5%
Avg
38.9%
Low
37.7%