Lockheed Martin (LMT) Stock Forecast & Price Target

$437.30 +2.32 (+0.53%)

As of 11:53 AM Eastern

Lockheed Martin - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 15 Analyst Ratings

Sell
1

Hold
7

Buy
7

Based on 15 Wall Street analysts who have issued ratings for Lockheed Martin in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 1 has given a sell rating, 7 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for LMT.

Consensus Price Target

$544.20
24.44% Upside

According to the 15 analysts' twelve-month price targets for Lockheed Martin, the average price target is $544.20. The highest price target for LMT is $704.00, while the lowest price target for LMT is $377.00. The average price target represents a forecasted upside of 24.44% from the current price of $437.30.

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LMT Analyst Ratings Over Time

Type	Current Forecast 3/25/24 to 3/25/25	1 Month Ago 2/24/24 to 2/23/25	3 Months Ago 12/26/23 to 12/25/24	1 Year Ago 3/26/23 to 3/25/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	6 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	3 Buy rating(s)
Hold	7 Hold rating(s)	5 Hold rating(s)	4 Hold rating(s)	9 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$544.20	$555.60	$612.29	$491.92
Forecasted Upside	24.44% Upside	25.93% Upside	25.43% Upside	10.23% Upside
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Hold

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LMT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

LMT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Lockheed Martin Stock vs. The Competition

Type	Lockheed Martin	Aerospace Companies	S&P 500
Consensus Rating Score	2.47	2.71	2.54
Consensus Rating	Hold	Moderate Buy	Moderate Buy
Predicted Upside	25.18% Upside	54.54% Upside	16.93% Upside
News Sentiment Rating	Positive News See Recent LMT News	Positive News	Positive News

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Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/24/2025	Bank of America 3 of 5 stars	Ronald Epstein Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Neutral	$685.00 ➝ $485.00	+10.16%
3/24/2025	Melius 4 of 5 stars		Downgrade	Buy ➝ Hold
3/10/2025	Wells Fargo & Company 3 of 5 stars		Reiterated Rating	Equal Weight ➝ Equal Weight
1/30/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Seth Seifman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$540.00 ➝ $535.00	+18.09%
1/29/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	K. Herbert Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$570.00 ➝ $550.00	+21.40%
1/29/2025	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Kristine Liwag Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Equal Weight ➝ Equal Weight	$555.00 ➝ $525.00	+15.88%
1/29/2025	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Charles Minervino Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Positive ➝ Positive	$590.00 ➝ $550.00	+21.00%
1/29/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Gavin Parsons Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$527.00 ➝ $508.00	+10.37%
1/21/2025	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Jason Gursky Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$700.00 ➝ $600.00	+18.91%
1/14/2025	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	Michael Ciarmoli Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$579.00	+19.69%
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1/6/2025	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$565.00 ➝ $515.00	+9.26%
1/2/2025	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$611.00 ➝ $523.00	+7.63%
10/23/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Khanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy ➝ Buy	$560.00 ➝ $610.00	+6.50%
10/22/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$519.00 ➝ $626.00	+7.69%
9/3/2024	Melius Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	R. Spingarn Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/23/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sell ➝ Sell	$380.00 ➝ $377.00	-19.33%
10/4/2023	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	$505.00 ➝ $455.00	+13.85%
4/20/2023	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Market Perform	$478.00 ➝ $496.00	+0.17%
4/19/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$510.00 ➝ $550.00	+9.69%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 11:53 AM ET.

Should I Buy Lockheed Martin Stock? LMT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, March 22, 2025. Please send any questions or comments about these Lockheed Martin pros and cons to contact@marketbeat.com.

Lockheed Martin
Bull Case

Here are some ways that investors could benefit from investing in Lockheed Martin Co.:

Lockheed Martin Co. reported earnings per share of $7.67 for the latest quarter, significantly exceeding analysts' expectations of $6.58. This strong performance indicates robust financial health and effective management, which can attract investors looking for reliable returns.
The company has a high return on equity of 101.47%, suggesting that it is highly efficient in generating profits from its equity. This metric is particularly appealing to investors as it reflects strong profitability and effective use of shareholder funds.
Lockheed Martin Co. recently declared a quarterly dividend of $3.30, translating to an annualized dividend of $13.20 and a yield of 3.00%. This consistent dividend payment can provide a steady income stream for investors, making it an attractive option for income-focused portfolios.
The current stock price is $440.26, which is a significant drop from its 12-month high of $618.95. This decline may present a buying opportunity for investors who believe in the company's long-term growth potential.
Insider transactions indicate confidence in the company, with recent sales by executives suggesting they are managing their holdings strategically. This can be interpreted as a sign of a well-managed company, which is often a positive indicator for potential investors.

Lockheed Martin
Bear Case

Investors should be bearish about investing in Lockheed Martin Co. for these reasons:

The stock has experienced a significant decline of 5.7% recently, which may raise concerns about its short-term performance and market volatility. Investors may be wary of entering a position during a downturn.
Lockheed Martin Co. has a high debt-to-equity ratio of 3.10, indicating that the company relies heavily on debt to finance its operations. This can pose risks, especially in times of rising interest rates or economic downturns, as it may affect the company's ability to meet its financial obligations.
Insider sales have totaled 7,133 shares worth over $3 million in the last three months, which could signal a lack of confidence among executives regarding the company's future performance. Such actions may deter potential investors.
The company's net margin of 7.51% is relatively modest, suggesting that while it is profitable, there may be limitations on its ability to expand margins in a competitive market. Investors may prefer companies with higher profitability metrics.
With 74.19% of the stock owned by hedge funds and institutional investors, there may be less room for retail investors to influence the stock price. This concentration can lead to increased volatility and risk for individual investors.

LMT Forecast - Frequently Asked Questions

: According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Lockheed Martin is $544.20, with a high forecast of $704.00 and a low forecast of $377.00.
: 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There is currently 1 sell rating, 7 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" LMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LMT, but not buy additional shares or sell existing shares.
: According to analysts, Lockheed Martin's stock has a predicted upside of 24.44% based on their 12-month stock forecasts.
: Over the previous 90 days, Lockheed Martin's stock had 3 downgrades by analysts.
: Lockheed Martin has been rated by research analysts at Bank of America, Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Melius, Morgan Stanley, Royal Bank of Canada, Susquehanna, Truist Financial, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Lockheed Martin less than other "aerospace" companies. The consensus rating for Lockheed Martin is Hold while the average consensus rating for "aerospace" companies is Moderate Buy. Learn more on how LMT compares to other companies.

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This page (NYSE:LMT) was last updated on 3/25/2025 by MarketBeat.com Staff

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Lockheed Martin (LMT) Stock Forecast & Price Target