Lockheed Martin Corporation (LMT)

Lockheed Martin Stock Forecast

Stock Price Forecast

The 14 analysts that cover Lockheed Martin stock have a consensus rating of "Hold" and an average price target of $602.71, which forecasts a 18.99% increase in the stock price over the next year. The lowest target is $480 and the highest is $700.

Price Target: $602.71 (+18.99%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$480	$602.71	$640	$700
Change	-5.23%	+18.99%	+26.35%	+38.20%

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

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	1	1	1	1	1	1
Buy	2	2	2	2	2	2
Hold	12	10	10	10	10	10
Sell	0	0	0	0	0	0
Strong Sell	0	0	1	1	1	1
Total	15	13	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Kristine Liwag Morgan Stanley	Morgan Stanley	Hold Maintains $675 → $653	Hold	Maintains	$675 → $653	+28.92%	Apr 24, 2026
Ken Herbert RBC Capital	RBC Capital	Hold Maintains $650 → $575	Hold	Maintains	$650 → $575	+13.52%	Apr 24, 2026
Charles Minervino Susquehanna	Susquehanna	Buy Maintains $740 → $700	Buy	Maintains	$740 → $700	+38.20%	Apr 24, 2026
Sheila Kahyaoglu Jefferies	Jefferies	Hold Maintains $630 → $640	Hold	Maintains	$630 → $640	+26.35%	Apr 7, 2026
John Godyn Citigroup	Citigroup	Hold Maintains $673 → $675	Hold	Maintains	$673 → $675	+33.26%	Apr 2, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

79.88B

Increased by 6.44%

from 75.05B

Revenue Next Year

84.26B

Increased by 5.47%

from 79.88B

EPS This Year

30.23

Increased by 40.68%

from 21.49

EPS Next Year

32.49

Increased by 7.45%

from 30.23

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	67.04B	65.98B	67.57B	71.04B	75.05B	79.88B	84.26B
Revenue Growth	2.52%	-1.58%	2.41%	5.14%	5.64%	6.44%	5.47%
EPS	22.76	21.66	27.55	22.31	21.49	30.23	32.49
EPS Growth	-6.35%	-4.83%	27.19%	-19.02%	-3.68%	40.68%	7.45%
Forward PE	-	-	-	-	-	16.75	15.59
No. Analysts	-	-	-	-	-	28	27

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	83.5B	93.9B
Avg	79.9B	84.3B
Low	77.0B	78.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	11.3%	17.5%
Avg	6.4%	5.5%
Low	2.6%	-1.4%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	32.24	36.34
Avg	30.23	32.49
Low	29.01	29.48

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	50.0%	20.2%
Avg	40.7%	7.5%
Low	35.0%	-2.5%

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 sources.