Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
506.69
-25.63 (-4.81%)
Jun 18, 2026, 3:21 PM EDT - Market open

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 $625.16. The average 1-year stock price forecast is 23.38% higher than the current stock price, while the lowest is $511 (+0.85%) and the highest is $756 (+49.20%).

Price Target: $625.16 (+23.38%)
Analyst Consensus: Hold
TargetLowAverageMedianHigh
Price$511$625.16$614$756
Change+0.85%+23.38%+21.18%+49.20%

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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy455554
Buy211122
Hold141414151414
Sell000000
Strong Sell111111
Total212121222221

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Goldman Sachs
Goldman Sachs
Sell
Maintains
$511
SellMaintains$511+0.85%Jun 2, 2026
Citi
Citi
Hold
Reiterates
$675$571
HoldReiterates$675$571+12.69%May 18, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$680$605
HoldMaintains$680$605+19.40%May 7, 2026
Jefferies
Jefferies
Hold
Maintains
$640$595
HoldMaintains$640$595+17.43%Apr 26, 2026
Susquehanna
Susquehanna
Buy
Maintains
$740$700
BuyMaintains$740$700+38.15%Apr 24, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
79.13B
from 75.05B
Increased by 5.44%
Revenue Next Year
83.32B
from 79.13B
Increased by 5.30%
EPS This Year
29.86
from 21.49
Increased by 38.97%
EPS Next Year
32.09
from 29.86
Increased by 7.45%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
67.04B65.98B67.57B71.04B75.05B79.13B
Revenue Growth
2.52%-1.58%2.41%5.14%5.64%5.44%
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
7.82B7.47B9.06B7.18B6.99B9.58B
Net Income
6.32B5.73B6.92B5.34B5.02B6.90B
EPS
----21.4929.86
EPS Growth
-----23.22%38.97%
Forward PE
13.3318.3317.2017.9817.7116.97
Dividend / Share
10.6011.4012.1512.7513.3513.89
Dividend Growth
-7.55%6.58%4.94%4.71%4.05%
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
5.4%
Low
4.7%

EPS Forecast

EPS202620272028
High30.19
Avg29.86
Low29.60

EPS Growth

EPS Growth202620272028
High
40.5%
Avg
39.0%
Low
37.7%