Lockheed Martin (LMT) Stock Forecast, Price Target & Predictions


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LMT Stock Forecast


Lockheed Martin (LMT) stock forecast, based on 37 Wall Street analysts, predicts a 12-month average price target of $539.13, with a high of $630.00 and a low of $460.00. This represents a 10.98% increase from the last price of $485.77.

$400 $450 $500 $550 $600 $650 High: $630 Avg: $539.13 Low: $460 Last Closed Price: $485.77

LMT Stock Rating


Lockheed Martin stock's rating consensus is Buy, based on 37 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 22 Buy (59.46%), 14 Hold (37.84%), 1 Sell (2.70%), and 0 Strong Sell (0.00%).

Buy
Total 37 1 14 22 Strong Sell Sell Hold Buy Strong Buy

LMT Price Target Upside V Benchmarks


TypeNameUpside
StockLockheed Martin10.98%
SectorIndustrials Stocks 15.78%
IndustryDefense Stocks9.95%

Price Target Trends


1M3M12M
# Anlaysts7715
Avg Price Target$549.57$549.57$535.73
Last Closing Price$485.77$485.77$485.77
Upside/Downside13.13%13.13%10.28%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Oct, 2524121-19
Sep, 2534121-20
Aug, 2534131-21
Jul, 254711-123
Jun, 254712-124
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 22, 2025UBS$513.00$489.504.80%5.61%
Oct 20, 2025UBS$545.00$495.1510.07%12.19%
Oct 15, 2025Michael CiarmoliTruist Financial$500.00$500.18-0.04%2.93%
Oct 15, 2025Morgan Stanley$630.00$505.1824.71%29.69%
Oct 09, 2025Susquehanna$590.00$514.0214.78%21.46%
Oct 08, 2025Deutsche Bank$519.00$511.071.55%6.84%
Oct 06, 2025Robert W. Baird$550.00$504.499.02%13.22%
Jul 22, 2025Robert StallardVertical Research$460.00$410.5212.05%-5.30%
Jul 14, 2025Douglas HarnedBernstein$551.00$473.5716.35%13.43%
Jul 11, 2025Michael CiarmoliTruist Financial$554.00$467.5118.50%14.05%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Oct 20, 2025BernsteinMarket PerformMarket Performhold
Oct 15, 2025Morgan StanleyOverweightOverweighthold
Oct 08, 2025Deutsche BankHoldHoldhold
Aug 28, 2025Alembic GlobalOverweightupgrade
Jul 22, 2025Vertical ResearchHoldHoldhold
Jul 14, 2025BernsteinMarket PerformMarket Performhold
Jul 10, 2025Cowen & Co.BuyHolddowngrade
Apr 23, 2025UBSNeutralNeutralhold
Apr 16, 2025Morgan StanleyEqual-WeightOverweightupgrade
Mar 27, 2025RBC CapitalOutperformSector Performdowngrade

Financial Forecast


EPS Forecast

$20 $23 $26 $29 $32 $35 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$24.40$22.85$21.74$27.65$22.39----
Avg Forecast$24.55$22.46$23.18$27.23$26.73$27.61$29.80$31.39$32.36
High Forecast$25.10$22.96$23.61$27.64$26.88$29.02$31.37$33.73$33.07
Low Forecast$23.92$21.88$22.81$27.04$26.63$26.59$28.88$28.84$31.93
Surprise %-0.61%1.74%-6.21%1.54%-16.24%----

Revenue Forecast

$60B $65B $70B $75B $80B $85B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$65.40B$67.04B$65.98B$67.57B$71.04B----
Avg Forecast$65.31B$67.03B$65.26B$66.66B$71.29B$74.39B$77.16B$79.69B$82.89B
High Forecast$66.42B$68.18B$66.19B$66.88B$71.38B$74.83B$78.49B$79.83B$84.29B
Low Forecast$64.02B$65.70B$64.45B$66.42B$71.25B$74.00B$76.36B$79.55B$82.05B
Surprise %0.14%0.02%1.10%1.37%-0.34%----

Net Income Forecast

$4B $5B $6B $7B $8B $9B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$6.83B$6.32B$5.73B$6.92B$5.34B----
Avg Forecast$6.67B$6.22B$5.08B$6.92B$6.40B$6.37B$7.21B$7.08B$7.74B
High Forecast$8.01B$7.47B$6.09B$8.30B$6.43B$6.94B$7.50B$8.07B$7.91B
Low Forecast$5.34B$4.98B$4.06B$5.54B$6.37B$6.36B$6.91B$6.90B$7.64B
Surprise %2.42%1.45%12.90%--16.63%----

LMT Forecast FAQ


Is Lockheed Martin stock a buy?

Lockheed Martin stock has a consensus rating of Buy, based on 37 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 22 Buy, 14 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Lockheed Martin is a favorable investment for most analysts.

What is Lockheed Martin's price target?

Lockheed Martin's price target, set by 37 Wall Street analysts, averages $539.13 over the next 12 months. The price target range spans from $460 at the low end to $630 at the high end, suggesting a potential 10.98% change from the previous closing price of $485.77.

How does Lockheed Martin stock forecast compare to its benchmarks?

Lockheed Martin's stock forecast shows a 10.98% upside, underperforming the average forecast for the industrials stocks sector (15.78%) and outperforming the defense stocks industry (9.95%).

What is the breakdown of analyst ratings for Lockheed Martin over the past three months?

  • October 2025: 10.53% Strong Buy, 21.05% Buy, 63.16% Hold, 5.26% Sell, 0% Strong Sell.
  • September 2025: 15.00% Strong Buy, 20.00% Buy, 60.00% Hold, 5.00% Sell, 0% Strong Sell.
  • August 2025: 14.29% Strong Buy, 19.05% Buy, 61.90% Hold, 4.76% Sell, 0% Strong Sell.

What is Lockheed Martin’s EPS forecast?

Lockheed Martin's average annual EPS forecast for its fiscal year ending in December 2025 is $27.61, marking a 23.31% increase from the reported $22.39 in 2024. Estimates for the following years are $29.8 in 2026, $31.39 in 2027, and $32.36 in 2028.

What is Lockheed Martin’s revenue forecast?

Lockheed Martin's average annual revenue forecast for its fiscal year ending in December 2025 is $74.39B, reflecting a 4.71% increase from the reported $71.04B in 2024. The forecast for 2026 is $77.16B, followed by $79.69B for 2027, and $82.89B for 2028.

What is Lockheed Martin’s net income forecast?

Lockheed Martin's net income forecast for the fiscal year ending in December 2025 stands at $6.37B, representing an 19.44% increase from the reported $5.34B in 2024. Projections indicate $7.21B in 2026, $7.08B in 2027, and $7.74B in 2028.