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Lockheed Martin (MX:LMT)
NYSE:LMT
Mexico Market

Lockheed Martin (LMT) Stock Forecast & Price Target

Followers
See the Price Targets and Ratings of:

LMT Analyst Ratings

Hold
13Ratings
Hold
3 Buy
9 Hold
1 Sell
Based on 13 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

$10,630.56
Based on 13 Wall Street analysts offering 12 month price targets for Lockheed Martin in the last 3 months. The average price target is $10,630.56 with a high forecast of $12,256.19 and a low forecast of $8,947.02. The average price target represents a change from the last price of .
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Highest Price Target$12,256Average Price Target$10,631Lowest Price Target$8,947
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
Susquehanna
$12,256.19
Buy
Reiterated
07/24/26
Lockheed Martin (LMT) Receives a Buy from Susquehanna
Robert W. Baird Analyst forecast on MX:LMT
Robert W. Baird
Robert W. Baird
$11,205.66$12,256.19
Buy
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
Morgan Stanley Analyst forecast on MX:LMT
Morgan Stanley
Morgan Stanley
$11,433.27$12,081.1
Hold
Assigned
07/24/26
Lockheed Martin price target raised to $690 from $653 at Morgan StanleyLockheed Martin price target raised to $690 from $653 at Morgan Stanley
UBS
$9,419.76$10,172.64
Hold
Reiterated
07/24/26
Analysts Are Neutral on These Industrial Goods Stocks: Union Pacific (UNP), Lockheed Martin (LMT)
RBC Capital Analyst forecast on MX:LMT
RBC Capital
RBC Capital
$10,067.58$10,505.31
Hold
Reiterated
07/23/26
Lockheed Martin price target raised to $600 from $575 at RBC CapitalLockheed Martin price target raised to $600 from $575 at RBC Capital
Bank of America Securities Analyst forecast on MX:LMT
Bank of America Securities
Bank of America Securities
$10,505.31
Hold
Reiterated
07/23/26
Wall Street Analysts Are Neutral on Top Industrial Goods Picks
Bernstein
$10,750.43
Hold
Reiterated
07/17/26
Bernstein Sticks to Its Hold Rating for Lockheed Martin (LMT)
TD Cowen
$10,505.31$9,804.95
Hold
Reiterated
07/13/26
Lockheed Martin price target lowered to $560 from $600 at TD CowenLockheed Martin price target lowered to $560 from $600 at TD Cowen
Wells Fargo Analyst forecast on MX:LMT
Wells Fargo
Wells Fargo
$11,380.75$10,067.58
Hold
Reiterated
07/09/26
Lockheed Martin price target lowered to $575 from $650 at Wells FargoLockheed Martin price target lowered to $575 from $650 at Wells Fargo
Citi
$9,997.55$10,190.15
Buy
Upgraded
07/01/26
Lockheed Martin upgraded to Buy from Neutral at CitiLockheed Martin upgraded to Buy from Neutral at Citi
Jefferies
$10,417.76$10,067.58
Hold
Assigned
06/25/26
Lockheed Martin price target lowered to $575 from $595 at JefferiesLockheed Martin price target lowered to $575 from $595 at Jefferies
Goldman Sachs Analyst forecast on MX:LMT
Goldman Sachs
Goldman Sachs
$8,947.02
Sell
Reiterated
06/01/26
Lockheed Martin Downgraded to Sell on Higher Contract Risk and Slower Aeronautics Growth Despite Strong Defense Demand
J.P. Morgan Analyst forecast on MX:LMT
J.P. Morgan
J.P. Morgan
$11,906.01$10,592.85
Hold
Reiterated
05/06/26
Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Lockheed Martin (NYSE: LMT), Terex (NYSE: TEX) and Clean Harbors (NYSE: CLH)
Seaport Global Analyst forecast on MX:LMT
Seaport Global
Seaport Global
$11,625.87$13,236.68
Buy
Reiterated
03/22/26
Analysts Offer Insights on Industrial Goods Companies: Firefly Aerospace, Inc. (NASDAQ: FLY) and Lockheed Martin (NYSE: LMT)
DZ BANK AG
$11,643.38
Hold
Downgraded
02/03/26
Lockheed Martin downgraded to Hold from Buy at DZ BankLockheed Martin downgraded to Hold from Buy at DZ Bank
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
Susquehanna
$12,256.19
Buy
Reiterated
07/24/26
Lockheed Martin (LMT) Receives a Buy from Susquehanna
Robert W. Baird Analyst forecast on MX:LMT
Robert W. Baird
Robert W. Baird
$11,205.66$12,256.19
Buy
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
Morgan Stanley Analyst forecast on MX:LMT
Morgan Stanley
Morgan Stanley
$11,433.27$12,081.1
Hold
Assigned
07/24/26
Lockheed Martin price target raised to $690 from $653 at Morgan StanleyLockheed Martin price target raised to $690 from $653 at Morgan Stanley
UBS
$9,419.76$10,172.64
Hold
Reiterated
07/24/26
Analysts Are Neutral on These Industrial Goods Stocks: Union Pacific (UNP), Lockheed Martin (LMT)
RBC Capital Analyst forecast on MX:LMT
RBC Capital
RBC Capital
$10,067.58$10,505.31
Hold
Reiterated
07/23/26
Lockheed Martin price target raised to $600 from $575 at RBC CapitalLockheed Martin price target raised to $600 from $575 at RBC Capital
Bank of America Securities Analyst forecast on MX:LMT
Bank of America Securities
Bank of America Securities
$10,505.31
Hold
Reiterated
07/23/26
Wall Street Analysts Are Neutral on Top Industrial Goods Picks
Bernstein
$10,750.43
Hold
Reiterated
07/17/26
Bernstein Sticks to Its Hold Rating for Lockheed Martin (LMT)
TD Cowen
$10,505.31$9,804.95
Hold
Reiterated
07/13/26
Lockheed Martin price target lowered to $560 from $600 at TD CowenLockheed Martin price target lowered to $560 from $600 at TD Cowen
Wells Fargo Analyst forecast on MX:LMT
Wells Fargo
Wells Fargo
$11,380.75$10,067.58
Hold
Reiterated
07/09/26
Lockheed Martin price target lowered to $575 from $650 at Wells FargoLockheed Martin price target lowered to $575 from $650 at Wells Fargo
Citi
$9,997.55$10,190.15
Buy
Upgraded
07/01/26
Lockheed Martin upgraded to Buy from Neutral at CitiLockheed Martin upgraded to Buy from Neutral at Citi
Jefferies
$10,417.76$10,067.58
Hold
Assigned
06/25/26
Lockheed Martin price target lowered to $575 from $595 at JefferiesLockheed Martin price target lowered to $575 from $595 at Jefferies
Goldman Sachs Analyst forecast on MX:LMT
Goldman Sachs
Goldman Sachs
$8,947.02
Sell
Reiterated
06/01/26
Lockheed Martin Downgraded to Sell on Higher Contract Risk and Slower Aeronautics Growth Despite Strong Defense Demand
J.P. Morgan Analyst forecast on MX:LMT
J.P. Morgan
J.P. Morgan
$11,906.01$10,592.85
Hold
Reiterated
05/06/26
Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Lockheed Martin (NYSE: LMT), Terex (NYSE: TEX) and Clean Harbors (NYSE: CLH)
Seaport Global Analyst forecast on MX:LMT
Seaport Global
Seaport Global
$11,625.87$13,236.68
Buy
Reiterated
03/22/26
Analysts Offer Insights on Industrial Goods Companies: Firefly Aerospace, Inc. (NASDAQ: FLY) and Lockheed Martin (NYSE: LMT)
DZ BANK AG
$11,643.38
Hold
Downgraded
02/03/26
Lockheed Martin downgraded to Hold from Buy at DZ BankLockheed Martin downgraded to Hold from Buy at DZ Bank
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Best Analysts Covering Lockheed Martin

3 Months
Peter ArmentRobert W. Baird
Success Rate
10/12 ratings generated profit
83%
Average Return
+5.40%
Copying Peter Arment's trades and holding each position for 3 Months would result in 83.33% of your transactions generating a profit, with an average return of +5.40% per trade.
1 Year
Peter ArmentRobert W. Baird
Success Rate
9/12 ratings generated profit
75%
Average Return
+15.74%
Copying Peter Arment's trades and holding each position for 1 Year would result in 75.00% of your transactions generating a profit, with an average return of +15.74% per trade.
2 Years
Peter ArmentRobert W. Baird
Success Rate
10/12 ratings generated profit
83%
Average Return
+17.82%
Copying Peter Arment's trades and holding each position for 2 Years would result in 83.33% of your transactions generating a profit, with an average return of +17.82% 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
Mar 26
Apr 26
May 26
Jun 26
Jul 26
Strong Buy
0
0
0
0
0
Buy
6
4
4
2
3
Hold
21
22
15
16
14
Sell
0
0
0
1
1
Strong Sell
0
0
0
0
0
total
27
26
19
19
18
In the current month, LMT has received 3 Buy Ratings, 14 Hold Ratings, and 1 Sell Ratings. LMT average Analyst price target in the past 3 months is 10,630.56.
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 $133.22 with a range of $124.98 to $136.04. The previous quarter’s EPS was $139.02. LMT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 63.29% 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 $133.22 with a range of $124.98 to $136.04. The previous quarter’s EPS was $139.02. LMT beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 63.29% 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 $351.96B with a range of $341.69B to $364.53B. The previous quarter’s sales results were $351.28B. LMT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 61.16% 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 $351.96B with a range of $341.69B to $364.53B. The previous quarter’s sales results were $351.28B. LMT beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 61.16% 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 MX:LMT’s average 12-month price target, according to analysts?
Based on analyst ratings, Lockheed Martin’s 12-month average price target is 10,630.56.
    What is MX:LMT’s upside potential, based on the analysts’ average price target?
    Currently there's no upside potential for MX:LMT, 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 Lockheed Martin a Buy, Sell or Hold?
        Lockheed Martin has a consensus rating of Hold, which is based on 3 buy ratings, 9 hold ratings and 1 sell ratings.
          What is Lockheed Martin’s share price target?
          The average share price target for Lockheed Martin is 10,630.56. This is based on 13 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
          The highest analyst share price target is $12,256.19 ,and the lowest forecast is $8,947.02. The average share price target represents N/A Increase from the current price of N/A.
            What do analysts say about Lockheed Martin?
            Lockheed Martin’s analyst rating consensus is a Hold. This is based on the ratings of 13 Wall Streets Analysts.
              How can I buy shares of Lockheed Martin?
              To buy shares of MX:LMT, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.