Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
552.09
+19.45 (3.65%)
At close: Oct 16, 2026, 4:00 PM EDT
552.00
-0.09 (-0.02%)
After-hours: Oct 16, 2026, 7:58 PM EDT

Lockheed Martin Stock Forecast

Stock Price Forecast

According to 23 analysts polled by S&P Global, Lockheed Martin stock has a consensus rating of "Buy" and an average price target of $618.86. The average 1-year stock price forecast is 12.09% higher than the current stock price, while the lowest is $486 (-11.97%) and the highest is $756 (+36.93%).

Price Target: $618.86 (+12.09%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$486$618.86$600$756
Change-11.97%+12.09%+8.68%+36.93%

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

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy445568
Buy222222
Hold141413131212
Sell000000
Strong Sell111111
Total212121212123

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Vertical Research
Vertical Research
Buy
Upgrades
n/a
BuyUpgradesn/an/aOct 14, 2026
Bernstein
Bernstein
Hold
Maintains
$629 → $564
HoldMaintains$629 → $564+2.16%Oct 14, 2026
Goldman Sachs
Goldman Sachs
Sell
Maintains
$503 → $486
SellMaintains$503 → $486-11.97%Oct 12, 2026
TD Cowen
TD Cowen
Hold
Maintains
$600 → $570
HoldMaintains$600 → $570+3.24%Oct 9, 2026
Barclays
Barclays
Hold
Initiates
$554
HoldInitiates$554+0.35%Oct 8, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
80.99B
from 75.05B
Increased by 7.91%
Revenue Next Year
85.60B
from 80.99B
Increased by 5.70%
EPS This Year
30.45
from 21.49
Increased by 41.72%
EPS Next Year
32.63
from 30.45
Increased by 7.16%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
67.04B65.98B67.57B71.04B75.05B80.99B
Revenue Growth
2.52%-1.58%2.41%5.14%5.64%7.91%
Gross Profit
9.10B8.39B8.57B7.02B7.69B10.74B
Gross Margin
13.57%12.71%12.68%9.88%10.24%13.27%
Operating Income
7.82B7.47B9.06B7.18B6.99B9.71B
Net Income
6.32B5.73B6.92B5.34B5.02B7.03B
EPS
----21.4930.45
EPS Growth
-----23.22%41.72%
Forward PE
13.3318.3317.2017.9817.7118.13
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
----6.91B7.15B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High81.5B
Avg81.0B
Low79.8B

Revenue Growth

Revenue Growth202620272028
High
8.6%
Avg
7.9%
Low
6.3%

EPS Forecast

EPS202620272028
High30.91
Avg30.45
Low30.09

EPS Growth

EPS Growth202620272028
High
43.8%
Avg
41.7%
Low
40.0%