Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
567.08
-9.08 (-1.58%)
At close: Nov 6, 2026, 4:00 PM EST
569.50
+2.42 (0.43%)
After-hours: Nov 6, 2026, 7:57 PM EST

Lockheed Martin Stock Forecast

Stock Price Forecast

According to 24 analysts polled by S&P Global, Lockheed Martin stock has a consensus rating of "Buy" and an average price target of $660.86. The average 1-year stock price forecast is 16.54% higher than the current stock price, while the lowest is $498 (-12.18%) and the highest is $835 (+47.25%).

Price Target: $660.86 (+16.54%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$498$660.86$661.5$835
Change-12.18%+16.54%+16.65%+47.25%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy455689
Buy222222
Hold141313121212
Sell000000
Strong Sell111111
Total212121212324

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Guggenheim
Guggenheim
Buy
Initiates
$735
BuyInitiates$735+29.61%Nov 4, 2026
Wells Fargo
Wells Fargo
Buy
Maintains
$600 → $700
BuyMaintains$600 → $700+23.44%Nov 2, 2026
Argus Research
Argus Research
Buy
Maintains
$735
BuyMaintains$735+29.61%Oct 30, 2026
J.P. Morgan
J.P. Morgan
Hold
Maintains
$665
HoldMaintains$665+17.27%Oct 30, 2026
Bank of America Securities
Bank of America Securities
Hold
Maintains
$600 → $620
HoldMaintains$600 → $620+9.33%Oct 26, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
81.40B
from 75.05B
Increased by 8.46%
Revenue Next Year
87.13B
from 81.40B
Increased by 7.04%
EPS This Year
30.69
from 21.49
Increased by 42.83%
EPS Next Year
33.31
from 30.69
Increased by 8.52%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
67.04B65.98B67.57B71.04B75.05B81.40B
Revenue Growth
2.52%-1.58%2.41%5.14%5.64%8.46%
Gross Profit
9.10B8.39B8.57B7.02B7.69B10.70B
Gross Margin
13.57%12.71%12.68%9.88%10.24%13.15%
Operating Income
7.82B7.47B9.06B7.18B6.99B9.60B
Net Income
6.32B5.73B6.92B5.34B5.02B7.08B
EPS
----21.4930.69
EPS Growth
-----23.22%42.83%
Forward PE
13.3318.3317.2017.9817.7118.48
Dividend / Share
10.6011.4012.1512.7513.3514.01
Dividend Growth
8.16%7.55%6.58%4.94%4.71%4.92%
Free Cash Flow
----6.91B7.71B
No. Analysts
-----21
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High82.0B
Avg81.4B
Low80.8B

Revenue Growth

Revenue Growth202620272028
High
9.2%
Avg
8.5%
Low
7.6%

EPS Forecast

EPS202620272028
High31.21
Avg30.69
Low30.50

EPS Growth

EPS Growth202620272028
High
45.2%
Avg
42.8%
Low
41.9%