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 $504.20, with a high of $554.00 and a low of $460.00. This represents a 19.67% increase from the last price of $421.34.

$400 $440 $480 $520 $560 $600 High: $554 Avg: $504.2 Low: $460 Last Closed Price: $421.34

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 Martin19.67%
SectorIndustrials Stocks 5.82%
IndustryDefense Stocks-1.61%

Price Target Trends


1M3M12M
# Anlaysts3320
Avg Price Target$521.67$521.67$576.10
Last Closing Price$421.34$421.34$421.34
Upside/Downside23.81%23.81%36.73%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jul, 254711-123
Jun, 254712-124
May, 254712-124
Apr, 253614-124
Mar, 254811-124
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jul 22, 2025Robert StallardVertical Research$460.00$410.5212.05%9.18%
Jul 14, 2025Douglas HarnedBernstein$551.00$473.5716.35%30.77%
Jul 11, 2025Michael CiarmoliTruist Financial$554.00$467.5118.50%31.49%
Mar 27, 2025RBC Capital$480.00$442.288.53%13.92%
Mar 07, 2025Wells Fargo$476.00$473.650.50%12.97%
Jan 14, 2025Peter ArmentRobert W. Baird$540.00$463.9616.39%28.16%
Jan 10, 2025Douglas HarnedBernstein$548.00$468.0517.08%30.06%
Oct 30, 2024Sheila KahyaogluJefferies$580.00$546.806.07%37.66%
Oct 24, 2024Sheila KahyaogluJefferies$590.00$571.103.31%40.03%
Oct 23, 2024Charles MinervinoSusquehanna$695.00$576.9820.45%64.95%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
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
Mar 10, 2025Wells FargoEqual-WeightEqual-Weighthold
Jan 10, 2025BernsteinMarket PerformMarket Performhold
Jan 02, 2025Deutsche BankBuyHolddowngrade
Oct 29, 2024BarclaysEqual-WeightEqual-Weighthold

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 $504.2 over the next 12 months. The price target range spans from $460 at the low end to $554 at the high end, suggesting a potential 19.67% change from the previous closing price of $421.34.

How does Lockheed Martin stock forecast compare to its benchmarks?

Lockheed Martin's stock forecast shows a 19.67% upside, outperforming the average forecast for the industrials stocks sector (5.82%) and outperforming the defense stocks industry (-1.61%).

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

  • July 2025: 17.39% Strong Buy, 30.43% Buy, 47.83% Hold, 0% Sell, 4.35% Strong Sell.
  • June 2025: 16.67% Strong Buy, 29.17% Buy, 50.00% Hold, 0% Sell, 4.17% Strong Sell.
  • May 2025: 16.67% Strong Buy, 29.17% Buy, 50.00% Hold, 0% Sell, 4.17% 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.