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Lockheed Martin (LMT)
NYSE:LMT
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Lockheed Martin (LMT) Price & Analysis

14,780 Followers

LMT Stock Chart & Stats

$592.19
$1.98(0.43%)
At close: 4:00 PM EST
$592.19
$1.98(0.43%)

Bulls Say, Bears Say

Bulls Say
Robust Contract Awards And BacklogLarge, diversified awards across aircraft, missiles and space create multi-year revenue visibility and production cadence. Backlog tied to sustainment and foreign military sales supports recurring aftermarket revenues, eases demand forecasting, and underpins long-term cash generation and factory utilization.
Strong Operating And Free Cash FlowConsistent positive operating and free cash flow provide durable internal funding for capex, R&D, dividends and debt repayments. This cash generation supports strategic investments and production ramps, increasing resilience to cyclical procurement timing and enabling capital allocation flexibility over the medium term.
Validated Leadership In National Space ProgramsDemonstrated mission success with Orion cements Lockheed Martin's role on multi-mission, long-duration government space programs. Technical validation strengthens competitive positioning for future awards, drives multi-year sustainment and systems-integration revenue, and builds barriers for new entrants in national security space.
Bears Say
Elevated Financial LeverageHigh debt-to-equity materially reduces balance-sheet flexibility and raises interest sensitivity. If rates remain elevated or cash flows slip, leverage constrains discretionary spending, increases refinancing risk, and limits ability to fund large multi-year production ramps or unexpected program cost overruns without adjusting capital returns.
Margin Compression And Lower ProfitabilitySustained margin erosion reflects execution, mix and cost pressures that reduce the company's ability to convert revenue into profit and free cash. Lower margins weaken funding for R&D and capex, constrain pricing power on fixed contracts, and make results more vulnerable to supplier or schedule disruptions over the medium term.
Execution And Supply-chain Scale-up RisksAggressive munitions production ramps depend on constrained supplier capabilities and substantial upstream investment. Persistent bottlenecks can delay deliveries, inflate costs, and defer related revenue recognition. Over multi-year timelines, these risks can keep margins volatile and impede meeting sustained government demand.

Lockheed Martin News

LMT FAQ

What was Lockheed Martin’s price range in the past 12 months?
Lockheed Martin lowest stock price was $410.11 and its highest was $692.00 in the past 12 months.
    What is Lockheed Martin’s market cap?
    Lockheed Martin’s market cap is $118.38B.
      When is Lockheed Martin’s upcoming earnings report date?
      Lockheed Martin’s upcoming earnings report date is Jul 28, 2026 which is in 54 days.
        How were Lockheed Martin’s earnings last quarter?
        Lockheed Martin released its earnings results on Apr 23, 2026. The company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.738 by -$0.298.
          Is Lockheed Martin overvalued?
          According to Wall Street analysts Lockheed Martin’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Lockheed Martin pay dividends?
            Lockheed Martin pays a Quarterly dividend of $3.45 which represents an annual dividend yield of 2.77%. See more information on Lockheed Martin dividends here
              What is Lockheed Martin’s EPS estimate?
              Lockheed Martin’s EPS estimate is 7.2.
                How many shares outstanding does Lockheed Martin have?
                Lockheed Martin has 230,563,610 shares outstanding.
                  What happened to Lockheed Martin’s price movement after its last earnings report?
                  Lockheed Martin reported an EPS of $6.44 in its last earnings report, missing expectations of $6.738. Following the earnings report the stock price went down -4.616%.
                    Which hedge fund is a major shareholder of Lockheed Martin?
                    Currently, no hedge funds are holding shares in LMT
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Lockheed Martin

                      Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

                      Lockheed Martin (LMT) Earnings & Revenues

                      LMT Company Deck

                      LMT Earnings Call

                      Q1 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call presented a mix of strong commercial wins, strategic program validation (Artemis/Orion), large munition and aircraft awards, and clear demand signaling that underpin long-term growth and support management's full-year guidance. Offsetting these positives were near-term execution and timing issues (shortened fiscal period, ERP implementation, program-specific design and supplier challenges) that compressed margins and drove a Q1 cash use and a ~12% EPS decline. Management emphasized risk-mitigation arrangements for production ramps, substantial supplier and government coordination, and confidence that margins and cash flow will improve in the back half of the year.View all LMT earnings summaries

                      LMT Revenue Breakdown

                      83.49%83.49%16.51%
                      83.49% Products
                      16.51% Services
                      tipranks

                      LMT Stock 12 Month Forecast

                      Average Price Target

                      $624.92
                      ▲(5.53% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 8, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":453.702,"date":1751328000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 11,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 13, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":409.952,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n      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style=\"color:#912767\">Sell 1</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":672.298,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 6,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 21, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":613.622,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 22, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      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