Lockheed Martin (LMT) Stock Forecast & Price Target

$506.56 +16.25 (+3.31%)

As of 03:59 PM 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

Moderate Buy

Based on 15 Analyst Ratings

Sell
1

Hold
5

Buy
9

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 "Moderate Buy." Out of the 15 analysts, 1 has given a sell rating, 5 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for LMT.

Consensus Price Target

$577.73
14.05% Upside

According to the 15 analysts' twelve-month price targets for Lockheed Martin, the average price target is $577.73. 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 14.05% from the current price of $506.57.

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LMT Analyst Ratings Over Time

Type	Current Forecast 1/22/24 to 1/21/25	1 Month Ago 12/23/23 to 12/22/24	3 Months Ago 10/24/23 to 10/23/24	1 Year Ago 1/22/23 to 1/22/24
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	5 Hold rating(s)	4 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	$577.73	$612.29	$606.71	$499.69
Forecasted Upside	14.05% Upside	25.21% Upside	6.24% Upside	8.92% Upside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Hold

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	2.60	2.65	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	14.05% Upside	28.21% Upside	11.17% 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
1/21/2025	Citigroup 3 of 5 stars	Jason Gursky Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Buy ➝ Buy	$700.00 ➝ $600.00	+18.91%
1/16/2025	JPMorgan Chase & Co. 3 of 5 stars	Seth Seifman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Overweight ➝ Overweight	$546.00 ➝ $540.00	+11.64%
1/14/2025	Truist Financial 2 of 5 stars	Michael Ciarmoli Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$579.00	+19.69%
1/8/2025	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Positive ➝ Positive	$695.00 ➝ $590.00	+26.83%
1/8/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight ➝ Equal Weight	$543.00 ➝ $500.00	+7.48%
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	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	$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%
Get the Latest News and Ratings for LMT and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Lockheed Martin and its competitors with MarketBeat's FREE daily newsletter.
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
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%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 10:35 PM 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 Tuesday, January 14, 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 (EPS) of $6.84 for the latest quarter, exceeding analysts' expectations of $6.50. This strong performance indicates robust profitability, which can attract investors looking for companies with solid earnings growth.
The company has a market capitalization of approximately $110.08 billion, reflecting its significant size and stability in the aerospace and defense sector, which can be appealing to investors seeking established firms.
Lockheed Martin Co. has a low beta of 0.48, suggesting that its stock is less volatile compared to the overall market. This characteristic can be attractive to risk-averse investors looking for more stable investment options.
With a current stock price around $516.04, Lockheed Martin Co. is trading near its 50-day moving average, indicating a potential for upward momentum, which can be enticing for investors looking for entry points.
The company has a strong return on equity of 101.44%, demonstrating effective management and the ability to generate profits from shareholders' equity, which is a positive sign for potential investors.

Lockheed Martin
Bear Case

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

The company has a high debt-to-equity ratio of 2.66, indicating that it relies heavily on debt to finance its operations. This could pose risks, especially in times of rising interest rates or economic downturns.
Lockheed Martin Co. reported revenue of $17.10 billion for the latest quarter, which fell short of analysts' expectations of $17.38 billion. This revenue miss could raise concerns about the company's growth prospects.
Analysts have mixed ratings on Lockheed Martin Co., with one sell rating and several hold ratings, suggesting that there may be uncertainty about the stock's future performance.
The price-to-earnings (P/E) ratio of 16.81, while not excessively high, may indicate that the stock is fairly valued, limiting potential upside for investors looking for undervalued opportunities.
Recent target price adjustments by analysts, including a reduction from $675.00 to $665.00, may signal a lack of confidence in the stock's short-term performance, which could deter some 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 $577.73, 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, 5 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LMT shares.
: According to analysts, Lockheed Martin's stock has a predicted upside of 14.05% based on their 12-month stock forecasts.
: Over the previous 90 days, Lockheed Martin's stock had 1 downgrade by analysts.
: Lockheed Martin has been rated by research analysts at Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Royal Bank of Canada, Susquehanna, TD Cowen, 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 score for Lockheed Martin is 2.60 while the average consensus rating score for "aerospace" companies is 2.65. Learn more on how LMT compares to other companies.

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This page (NYSE:LMT) was last updated on 1/21/2025 by MarketBeat.com Staff

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Lockheed Martin (LMT) Stock Forecast & Price Target