Lockheed Martin Corporation (LMT)

Lockheed Martin Stock Forecast

Stock Price Forecast

According to 14 professional analysts, the 12-month price target for Lockheed Martin stock ranges from a low of $432 to a high of $610. The average analyst price target of $497 forecasts a 13.56% increase in the stock price over the next year.

Price Target: $497.00 (+13.56%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$432	$497	$490	$610
Change	-1.29%	+13.56%	+11.96%	+39.38%

Analyst Ratings

The average analyst rating for Lockheed Martin stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	3	3	3	3	2	2
Buy	2	3	3	3	3	3
Hold	7	7	7	7	9	9
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	13	13	13	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gavin Parsons UBS	UBS	Hold Maintains $498 → $453	Hold	Maintains	$498 → $453	+3.51%	Jul 23, 2025
Seth Seifman JP Morgan	JP Morgan	Buy Maintains $520 → $465	Buy	Maintains	$520 → $465	+6.25%	Jul 23, 2025
Michael Ciarmoli Truist Securities	Truist Securities	Strong Buy → Hold Downgrades $554 → $440	Strong Buy → Hold	Downgrades	$554 → $440	+0.53%	Jul 23, 2025
Ken Herbert RBC Capital	RBC Capital	Hold Maintains $480 → $440	Hold	Maintains	$480 → $440	+0.53%	Jul 23, 2025
Charles Minervino Susquehanna	Susquehanna	Buy Maintains $550 → $490	Buy	Maintains	$550 → $490	+11.96%	Jul 23, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

75.06B

Increased by 5.66%

from 71.04B

Revenue Next Year

77.96B

Increased by 3.86%

from 75.06B

EPS This Year

27.58

Increased by 23.60%

from 22.31

EPS Next Year

30.18

Increased by 9.46%

from 27.58

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	65.40B	67.04B	65.98B	67.57B	71.04B	75.06B	77.96B	80.96B
Revenue Growth	9.34%	2.52%	-1.58%	2.41%	5.14%	5.66%	3.86%	3.84%
EPS	24.30	22.76	21.66	27.55	22.31	27.58	30.18	32.37
EPS Growth	10.73%	-6.35%	-4.83%	27.19%	-19.02%	23.60%	9.46%	7.25%
Forward PE	-	-	-	-	-	15.87	14.50	13.52
No. Analysts	-	-	-	-	-	24	25	16

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	78.3B	82.1B	85.9B
Avg	75.1B	78.0B	81.0B
Low	72.2B	74.0B	76.6B

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.2%	9.4%	10.2%
Avg	5.7%	3.9%	3.8%
Low	1.6%	-1.4%	-1.7%

EPS Forecast

EPS	2025	2026	2027
High	29.49	32.66	35.44
Avg	27.58	30.18	32.37
Low	25.11	27.78	29.68

EPS Growth

EPS Growth	2025	2026	2027
High	32.2%	18.4%	17.4%
Avg	23.6%	9.5%	7.2%
Low	12.5%	0.8%	-1.7%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.