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Lockheed Martin Corp (LMT)
NYSE:LMT
US Market
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Lockheed Martin (LMT) Stock Forecast & Price Target

15,185 Followers
See the Price Targets and Ratings of:

LMT Analyst Ratings

Moderate Buy
18Ratings
Moderate Buy
8 Buy
9 Hold
1 Sell
Based on 18 analysts giving stock ratings to
Lockheed
Martin
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

LMT Stock 12 Month Forecast

Average Price Target

$613.94
▲(10.32% Upside)
Based on 18 Wall Street analysts offering 12 month price targets for Lockheed Martin in the last 3 months. The average price target is $613.94 with a high forecast of $700.00 and a low forecast of $486.00. The average price target represents a 10.32% change from the last price of $556.52.
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Highest Price Target$700.00Average Price Target$613.94Lowest Price Target$486.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
RBC Capital Analyst forecast on LMT
RBC Capital
RBC Capital
$600→$550
Hold
-1.17%
Downside
Reiterated
10/15/26
Analysts Offer Insights on Industrial Goods Companies: Lockheed Martin (NYSE: LMT) and Tetra Tech (NASDAQ: TTEK)
Vertical Research Analyst forecast on LMT
Vertical Research
Vertical Research
―
Buy
―
Upgraded
10/14/26
Lockheed Martin upgraded to Buy from Hold at Vertical ResearchLockheed Martin upgraded to Buy from Hold at Vertical Research
Bernstein
$629→$564
Hold
1.34%
Upside
Reiterated
10/14/26
Bernstein Keeps Their Hold Rating on Lockheed Martin (LMT)
Goldman Sachs Analyst forecast on LMT
Goldman Sachs
Goldman Sachs
$503→$486
Sell
-12.67%
Downside
Reiterated
10/11/26
Analysts' Opinions Are Mixed on These Industrial Goods Stocks: Delta Air Lines (NYSE: DAL), Lockheed Martin (NYSE: LMT) and Builders Firstsource (NYSE: BLDR)
TD Cowen
$600→$570
Hold
2.42%
Upside
Reiterated
10/09/26
Lockheed Martin price target lowered to $570 from $600 at TD CowenLockheed Martin price target lowered to $570 from $600 at TD Cowen
Barclays
$554
Hold
-0.45%
Downside
Initiated
10/08/26
Lockheed Martin initiated with an Equal Weight at BarclaysLockheed Martin initiated with an Equal Weight at Barclays
Susquehanna
$700
Buy
25.78%
Upside
Reiterated
10/07/26
Analysts Offer Insights on Industrial Goods Companies: Lockheed Martin (NYSE: LMT) and Delta Air Lines (NYSE: DAL)
Citi
$691
Buy
24.16%
Upside
Reiterated
10/07/26
Analysts Offer Insights on Industrial Goods Companies: Lockheed Martin (NYSE: LMT) and Aercap Holdings (NYSE: AER)
Rothschild & Co Redburn Analyst forecast on LMT
Rothschild & Co Redburn
Rothschild & Co Redburn
$650
Buy
16.80%
Upside
Initiated
10/06/26
Lockheed Martin initiated with a Buy at Rothschild & Co RedburnLockheed Martin initiated with a Buy at Rothschild & Co Redburn
UBS
$653
Buy
17.34%
Upside
Reiterated
09/28/26
Analysts' Opinions Are Mixed on These Industrial Goods Stocks: Lockheed Martin (NYSE: LMT) and BWX Technologies (NYSE: BWXT)
J.P. Morgan Analyst forecast on LMT
J.P. Morgan
J.P. Morgan
$605→$620
Hold
11.41%
Upside
Reiterated
07/28/26
J.P. Morgan Keeps Their Hold Rating on Lockheed Martin (LMT)
Bank of America Securities Analyst forecast on LMT
Bank of America Securities
Bank of America Securities
$600
Hold
7.81%
Upside
Reiterated
07/27/26
Analysts Offer Insights on Industrial Goods Companies: Cadre Holdings (NYSE: CDRE), Northrop Grumman (NYSE: NOC) and Lockheed Martin (NYSE: LMT)
Argus Research Analyst forecast on LMT
Argus Research
Argus Research
―
Buy
―
Reiterated
07/27/26
Argus Research Keeps Their Buy Rating on Lockheed Martin (LMT)
Jefferies
$575→$595
Hold
6.91%
Upside
Reiterated
07/26/26
Jefferies Sticks to Its Hold Rating for Lockheed Martin (LMT)
Robert W. Baird Analyst forecast on LMT
Robert W. Baird
Robert W. Baird
$640→$700
Buy
25.78%
Upside
Reiterated
07/24/26
Lockheed Martin price target raised to $700 from $640 at BairdLockheed Martin price target raised to $700 from $640 at Baird
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
RBC Capital Analyst forecast on LMT
RBC Capital
RBC Capital
$600→$550
Hold
-1.17%
Downside
Reiterated
10/15/26
Analysts Offer Insights on Industrial Goods Companies: Lockheed Martin (NYSE: LMT) and Tetra Tech (NASDAQ: TTEK)
Vertical Research Analyst forecast on LMT
Vertical Research
Vertical Research
―
Buy
―
Upgraded
10/14/26
Lockheed Martin upgraded to Buy from Hold at Vertical ResearchLockheed Martin upgraded to Buy from Hold at Vertical Research
Bernstein
$629→$564
Hold
1.34%
Upside
Reiterated
10/14/26
Bernstein Keeps Their Hold Rating on Lockheed Martin (LMT)
Goldman Sachs Analyst forecast on LMT
Goldman Sachs
Goldman Sachs
$503→$486
Sell
-12.67%
Downside
Reiterated
10/11/26
Analysts' Opinions Are Mixed on These Industrial Goods Stocks: Delta Air Lines (NYSE: DAL), Lockheed Martin (NYSE: LMT) and Builders Firstsource (NYSE: BLDR)
TD Cowen
$600→$570
Hold
2.42%
Upside
Reiterated
10/09/26
Lockheed Martin price target lowered to $570 from $600 at TD CowenLockheed Martin price target lowered to $570 from $600 at TD Cowen
Barclays
$554
Hold
-0.45%
Downside
Initiated
10/08/26
Lockheed Martin initiated with an Equal Weight at BarclaysLockheed Martin initiated with an Equal Weight at Barclays
Susquehanna
$700
Buy
25.78%
Upside
Reiterated
10/07/26
Analysts Offer Insights on Industrial Goods Companies: Lockheed Martin (NYSE: LMT) and Delta Air Lines (NYSE: DAL)
Citi
$691
Buy
24.16%
Upside
Reiterated
10/07/26
Analysts Offer Insights on Industrial Goods Companies: Lockheed Martin (NYSE: LMT) and Aercap Holdings (NYSE: AER)
Rothschild & Co Redburn Analyst forecast on LMT
Rothschild & Co Redburn
Rothschild & Co Redburn
$650
Buy
16.80%
Upside
Initiated
10/06/26
Lockheed Martin initiated with a Buy at Rothschild & Co RedburnLockheed Martin initiated with a Buy at Rothschild & Co Redburn
UBS
$653
Buy
17.34%
Upside
Reiterated
09/28/26
Analysts' Opinions Are Mixed on These Industrial Goods Stocks: Lockheed Martin (NYSE: LMT) and BWX Technologies (NYSE: BWXT)
J.P. Morgan Analyst forecast on LMT
J.P. Morgan
J.P. Morgan
$605→$620
Hold
11.41%
Upside
Reiterated
07/28/26
J.P. Morgan Keeps Their Hold Rating on Lockheed Martin (LMT)
Bank of America Securities Analyst forecast on LMT
Bank of America Securities
Bank of America Securities
$600
Hold
7.81%
Upside
Reiterated
07/27/26
Analysts Offer Insights on Industrial Goods Companies: Cadre Holdings (NYSE: CDRE), Northrop Grumman (NYSE: NOC) and Lockheed Martin (NYSE: LMT)
Argus Research Analyst forecast on LMT
Argus Research
Argus Research
―
Buy
―
Reiterated
07/27/26
Argus Research Keeps Their Buy Rating on Lockheed Martin (LMT)
Jefferies
$575→$595
Hold
6.91%
Upside
Reiterated
07/26/26
Jefferies Sticks to Its Hold Rating for Lockheed Martin (LMT)
Robert W. Baird Analyst forecast on LMT
Robert W. Baird
Robert W. Baird
$640→$700
Buy
25.78%
Upside
Reiterated
07/24/26
Lockheed Martin price target raised to $700 from $640 at BairdLockheed Martin price target raised to $700 from $640 at Baird
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Best Analysts Covering Lockheed Martin

3 Months
Peter ArmentRobert W. Baird
Success Rate
9/12 ratings generated profit
75%
Average Return
+4.38%
Copying Peter Arment's trades and holding each position for 3 Months would result in 75.00% of your transactions generating a profit, with an average return of +4.38% per trade.
1 Year
Robert StallardVertical Research
Success Rate
13/15 ratings generated profit
87%
Average Return
+13.67%
Copying Robert Stallard's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +13.67% per trade.
2 Years
Robert StallardVertical Research
Success Rate
13/15 ratings generated profit
87%
Average Return
+19.55%
Copying Robert Stallard's trades and holding each position for 2 Years would result in 86.67% of your transactions generating a profit, with an average return of +19.55% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

LMT Analyst Recommendation Trends

Rating
Jun 26
Jul 26
Aug 26
Sep 26
Oct 26
Strong Buy
0
0
0
0
0
Buy
2
4
5
9
9
Hold
16
19
17
14
4
Sell
1
2
2
1
1
Strong Sell
0
0
0
0
0
total
19
25
24
24
14
In the current month, LMT has received 9 Buy Ratings, 4 Hold Ratings, and 1 Sell Ratings. LMT average Analyst price target in the past 3 months is 613.94.
Each month's total comprises the sum of three months' worth of ratings.

LMT Financial Forecast

LMT Earnings Forecast

Next quarter’s earnings estimate for LMT is $7.52 with a range of $7.12 to $7.87. The previous quarter’s EPS was $7.94. LMT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 37.70% of the time in the same period. In the last calendar year LMT has Performed in-line its overall industry.
Next quarter’s earnings estimate for LMT is $7.52 with a range of $7.12 to $7.87. The previous quarter’s EPS was $7.94. LMT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 37.70% of the time in the same period. In the last calendar year LMT has Performed in-line its overall industry.

LMT Sales Forecast

Next quarter’s sales forecast for LMT is $20.48B with a range of $19.99B to $20.87B. The previous quarter’s sales results were $20.06B. LMT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 67.07% of the time in the same period. In the last calendar year LMT has Performed in-line its overall industry.
Next quarter’s sales forecast for LMT is $20.48B with a range of $19.99B to $20.87B. The previous quarter’s sales results were $20.06B. LMT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 67.07% of the time in the same period. In the last calendar year LMT has Performed in-line its overall industry.

LMT Stock Forecast FAQ

What is LMT’s average 12-month price target, according to analysts?
Based on analyst ratings, Lockheed Martin Corp’s 12-month average price target is 613.94.
    What is LMT’s upside potential, based on the analysts’ average price target?
    Lockheed Martin Corp has 10.32% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is LMT a Buy, Sell or Hold?
          Lockheed Martin Corp has a consensus rating of Moderate Buy which is based on 8 buy ratings, 9 hold ratings and 1 sell ratings.
            What is Lockheed Martin Corp’s price target?
            The average price target for Lockheed Martin Corp is 613.94. This is based on 18 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $700.00 ,the lowest forecast is $486.00. The average price target represents 10.32% Increase from the current price of $556.52.
              What do analysts say about Lockheed Martin Corp?
              Lockheed Martin Corp’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 18 Wall Streets Analysts.
                How can I buy shares of LMT?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.