Lockheed Martin (LOM) AI Stock Analysis

Company Guidance

For 2026, Lockheed Martin expects sales of between $80 billion-$82 billion, representing full year growth of approximately 8% at the midpoint; segment operating profit of between $8.575 billion and $8.675 billion; cash from operations between $10 billion and $10.2 billion; and free cash flow between $7.8 billion and $8 billion. Aeronautics is guided to sales of $31.1 billion-$32.5 billion, profits between $2.92 billion and $2.95 billion, and sales growth in the mid-single digits, between 3% and 7% year-over-year; MFC to sales between $17.25 billion and $17.45 billion, profit between $2.395 billion and $2.425 billion, and about 20% year-over-year growth in both; RMS to sales between $17.7 billion and $18 billion, growing in the low single digits year-over-year, and profit between $1.88 billion and $1.9 billion; and Space to sales between $13.95 billion and $14.05 billion, growing between 7% and 8% year-over-year, and profit between $1.38 billion and $1.4 billion, excluding any ULA equity earnings for the fourth quarter 2026. MFC expects mid-teens sales CAGRs over the next five years, while for 2027 the company expects all four segments growing next year on a top-line basis and high single-digit revenue growth next year as a company; a pension contribution in excess of $1 billion may be required next year.