Lockheed Martin Corporation (LMT) Stock Forecast
Data as of Sep 16, 2026Industrials · Current price $537.18 (+0.70%)
Price Target Range
Consensus Price Target Over Time
Analyst Rating Distribution
Last 3 Months
6-Month Trend
Latest Analyst Forecasts
Price targets issued by Wall Street analysts. Upside calculated against today's price.
| Date | Analyst | Firm | Price Target | Upside |
|---|---|---|---|---|
| Feb 6, 2026 | Douglas Harned | Bernstein | $654.00 | +21.7% |
| Feb 4, 2026 | Kristine Liwag | Morgan Stanley | $675.00 | +25.7% |
| Dec 16, 2025 | Kristine Liwag | Morgan Stanley | $543.00 | +1.1% |
| Oct 15, 2025 | Michael Ciarmoli | Truist Financial | $500.00 | -6.9% |
| Jul 22, 2025 | Robert Stallard | Vertical Research | $460.00 | -14.4% |
| Jul 14, 2025 | Douglas Harned | Bernstein | $551.00 | +2.6% |
| Jul 11, 2025 | Michael Ciarmoli | Truist Financial | $554.00 | +3.1% |
| Jan 14, 2025 | Peter Arment | Robert W. Baird | $540.00 | +0.5% |
| Jan 10, 2025 | Douglas Harned | Bernstein | $548.00 | +2.0% |
| Oct 30, 2024 | Sheila Kahyaoglu | Jefferies | $580.00 | +8.0% |
| Oct 24, 2024 | Sheila Kahyaoglu | Jefferies | $590.00 | +9.8% |
| Oct 23, 2024 | Charles Minervino | Susquehanna | $695.00 | +29.4% |
| Oct 23, 2024 | Ken Herbert | RBC Capital | $665.00 | +23.8% |
| Oct 23, 2024 | Noah Poponak | Goldman Sachs | $434.00 | -19.2% |
| Oct 23, 2024 | Scott Deuschle | Deutsche Bank | $611.00 | +13.7% |
| Oct 7, 2024 | Ken Herbert | RBC Capital | $675.00 | +25.7% |
| Oct 3, 2024 | Scott Deuschle | Deutsche Bank | $620.00 | +15.4% |
| Sep 3, 2024 | Robert Spingarn | Melius Research | $704.00 | +31.1% |
| Aug 9, 2024 | Kristine Liwag | Morgan Stanley | $599.00 | +11.5% |
| Aug 5, 2024 | Ken Herbert | RBC Capital | $600.00 | +11.7% |
Top Analysts Covering LMT
LMT vs Sector & Market
| Metric | LMT | Industrials Avg | Large Cap Avg |
|---|---|---|---|
| Analyst Rating | 2.67 | 2.40 | 2.42 |
| Analyst Count | 12 | 8 | 18 |
| Target Upside | +22.9% | +112.1% | +19.5% |
| P/E Ratio | 25.90 | 34.67 | 38.67 |
Revenue Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $78.86B | $79.24B | $79.57B | 16 |
| 2027-03-29 | $18.93B | $19.36B | $19.87B | 6 |
| 2027-03-31 | $18.91B | $19.38B | $19.94B | 6 |
| 2027-06-29 | $19.99B | $20.45B | $20.99B | 6 |
| 2027-06-30 | $19.89B | $20.39B | $20.98B | 6 |
| 2027-09-29 | $20.45B | $20.92B | $21.47B | 6 |
| 2027-09-30 | $20.29B | $20.80B | $21.40B | 6 |
| 2027-12-29 | $22.46B | $22.98B | $23.59B | 6 |
| 2027-12-31 | $81.74B | $83.45B | $84.84B | 16 |
| 2028-03-29 | $19.95B | $20.41B | $20.95B | 5 |
| 2028-03-31 | $19.92B | $20.41B | $21.00B | 6 |
| 2028-06-29 | $21.50B | $21.99B | $22.57B | 5 |
EPS Estimates
| Period | Low | Avg | High | # |
|---|---|---|---|---|
| 2026-12-31 | $29.47 | $29.96 | $30.20 | 17 |
| 2027-03-29 | $7.08 | $7.29 | $7.54 | 5 |
| 2027-03-31 | $7.06 | $7.29 | $7.56 | 5 |
| 2027-06-29 | $7.52 | $7.74 | $8.01 | 5 |
| 2027-06-30 | $7.50 | $7.75 | $8.04 | 5 |
| 2027-09-29 | $7.83 | $8.06 | $8.34 | 5 |
| 2027-09-30 | $7.79 | $8.04 | $8.35 | 5 |
| 2027-12-29 | $8.76 | $9.02 | $9.33 | 5 |
| 2027-12-31 | $31.06 | $31.96 | $34.24 | 17 |
| 2028-03-29 | $7.55 | $7.78 | $8.05 | 6 |
| 2028-03-31 | $7.56 | $7.81 | $8.10 | 7 |
| 2028-06-29 | $8.26 | $8.51 | $8.80 | 6 |
Frequently Asked Questions
What is the analyst consensus for LMT?
The consensus among 12 analysts covering Lockheed Martin Corporation (LMT) is Hold with an average price target of $644.86.
What is the highest price target for LMT?
The highest price target for LMT is $704.00, set by Robert Spingarn at Melius Research on 2024-09-03.
What is the lowest price target for LMT?
The lowest price target for LMT is $332.00, set by Noah Poponak at Goldman Sachs on 2023-01-13.
How many analysts cover LMT?
12 analysts have issued ratings for Lockheed Martin Corporation in the past 12 months.
Is LMT a buy or sell right now?
Based on 12 analyst ratings, LMT has a consensus rating of Hold (2.67/5) with a +22.9% upside to the consensus target of $644.86.
What are the earnings estimates for LMT?
Analysts estimate LMT will report EPS of $29.96 for the period ending 2026-12-31, with revenue estimated at $79.24B.
Related Stock Forecasts
Data updated daily. Analyst price targets sourced from public filings and broker reports. Not investment advice.