Lockheed Martin (LMT) Stock Forecast & Price Target

$489.02 +9.36 (+1.95%)

(As of 12/20/2024 05:45 PM ET)

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

Moderate Buy

Based on 14 Analyst Ratings

Sell
1

Hold
4

Buy
9

Based on 14 Wall Street analysts who have issued ratings for Lockheed Martin in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 1 has given a sell rating, 4 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for LMT.

Consensus Price Target

$612.29
25.21% Upside

According to the 14 analysts' twelve-month price targets for Lockheed Martin, the average price target is $612.29. 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 25.21% from the current price of $489.02.

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LMT Analyst Ratings Over Time

Type	Current Forecast 12/24/23 to 12/23/24	1 Month Ago 11/24/23 to 11/23/24	3 Months Ago 9/25/23 to 9/24/24	1 Year Ago 12/24/22 to 12/24/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	8 Buy rating(s)	8 Buy rating(s)	8 Buy rating(s)	4 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	5 Hold rating(s)	10 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$612.29	$611.00	$553.43	$484.07
Forecasted Upside	25.21% Upside	12.68% Upside	-4.36% Downside	8.00% Upside
Consensus Rating	Moderate Buy	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	2.64	2.66	2.51
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	25.21% Upside	31.59% Upside	14.54% Upside
News Sentiment Rating	Positive News See Recent LMT News	Positive News	Positive News

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
12/11/2024	Wells Fargo & Company 3 of 5 stars		Lower Target	Equal Weight ➝ Equal Weight	$602.00 ➝ $543.00	+6.54%
10/29/2024	Barclays 3 of 5 stars		Boost Target	Equal Weight ➝ Equal Weight	$505.00 ➝ $565.00	+1.77%
10/23/2024	Royal Bank of Canada 4 of 5 stars	K. Herbert Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform ➝ Outperform	$675.00 ➝ $665.00	+16.20%
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%
10/23/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Neutral ➝ Neutral	$589.00 ➝ $603.00	+4.73%
10/23/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$705.00 ➝ $695.00	+20.22%
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10/22/2024	Robert W. Baird Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$519.00 ➝ $626.00	+7.69%
10/14/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$560.00 ➝ $630.00	+3.96%
10/10/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$570.00 ➝ $700.00	+17.10%
10/3/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$600.00 ➝ $620.00	+2.77%
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
8/30/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Buy	$635.00 ➝ $635.00	+12.06%
8/9/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Equal Weight ➝ Equal Weight	$503.00 ➝ $599.00	+8.59%
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%
1/30/2023	DZ Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$523.00	+13.79%
1/6/2023	Vertical Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	$491.00	+2.92%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 05:47 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 Sunday, December 15, 2024. 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. recently reported earnings per share (EPS) of $6.84, exceeding analysts' expectations of $6.50, indicating strong financial performance and effective management.
The company has increased its quarterly dividend from $3.15 to $3.30 per share, reflecting a commitment to returning value to shareholders and a healthy dividend yield of approximately 2.67%.
With a current stock price of $494.65, Lockheed Martin Co. is trading below several analysts' price targets, suggesting potential for price appreciation as the market adjusts to these valuations.
Lockheed Martin Co. has a robust market capitalization of approximately $117.25 billion, which provides stability and resources for continued growth and investment in new technologies.
The company has received multiple upgrades from analysts, with price targets reaching as high as $700.00, indicating strong market confidence in its future performance.

Lockheed Martin
Bear Case

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

Lockheed Martin Co. has a relatively high debt-to-equity ratio of 2.66, which may indicate financial risk, as the company relies significantly on debt to finance its operations.
Recent trading activity shows volatility, with the stock price experiencing fluctuations, which could pose risks for investors looking for stable returns.
Analysts have mixed ratings on the stock, with one sell rating and four hold ratings, suggesting uncertainty about its short-term performance.
The company reported revenue of $17.10 billion, which was below analysts' expectations of $17.38 billion, indicating potential challenges in meeting growth targets.
Lockheed Martin Co. operates in a highly competitive aerospace and defense sector, which can be influenced by government budgets and geopolitical factors, adding an element of unpredictability to its future earnings.

LMT Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Lockheed Martin is $612.29, with a high forecast of $704.00 and a low forecast of $377.00.
: 14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last twelve months. There is currently 1 sell rating, 4 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" LMT shares.
: According to analysts, Lockheed Martin's stock has a predicted upside of 25.21% based on their 12-month stock forecasts.
: Over the previous 90 days, Lockheed Martin's stock had 1 upgrade by analysts.
: Lockheed Martin has been rated by research analysts at Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Robert W. Baird, Royal Bank of Canada, Susquehanna, TD Cowen, UBS Group, and Wells Fargo & Company in the past 90 days.
: Analysts like Lockheed Martin less than other "aerospace" companies. The consensus rating score for Lockheed Martin is 2.64 while the average consensus rating score for "aerospace" companies is 2.66. Learn more on how LMT compares to other companies.

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And expects this underappreciated niche to continue rallying well into 2026.

This page (NYSE:LMT) was last updated on 12/23/2024 by MarketBeat.com Staff

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Lockheed Martin (LMT) Stock Forecast & Price Target