Lockheed Martin (LMT) closed at $532.64 in the latest trading session, marking a +1.99% move from the prior day.
Lockheed (LMT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the most recent trading session, Lockheed Martin (LMT) closed at $504.02, indicating a -1.54% shift from the previous trading day.
Lockheed Martin stock has come under pressure and is underperforming the broader market this year. It was trading at $509 on Friday, down by 26% from its highest point this year, and this sell-off may continue as Anduril launches a new interceptor missile known as Steelfin.
LMT wins its first S-70i Black Hawk training contract from the Philippines, expanding its defense training business.
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Lockheed Martin is upgraded to Strong Buy as current share prices reflect neither 2024 nor 2025 earnings, offering 28–40% upside. LMT's record backlog, missile defense demand, and Ultra Maritime acquisition provide multi-year growth, but near-term margin upside is limited by supply chain and investment needs. Recent price declines are driven by sentiment and earnings yield pressure, not by a collapse in earnings or demand fundamentals.
Lockheed Martin is transitioning to a more stable growth phase, driven by missile production, F-35 volumes, and radar projects. LMT's backlog reached $230.4 billion, with 30% expected to convert to revenue within 12 months, supporting improved revenue visibility. I assign a Buy rating with a $561 fair value, based on $33 estimated 2027 EPS and a 17x multiple, offering ~13% total return potential.
Lockheed Martin stands out as a compelling defense sector investment amid heightened geopolitical risks. Rothschild Redburn initiated LMT with a buy rating and a $650 price target, citing strong growth prospects. The analyst projects 5.8% annual revenue growth and 9.2% annual EPS growth for LMT between 2026 and 2030.
Lockheed Martin (LMT) closed the most recent trading day at $499.22, moving 2.14% from the previous trading session.
Lockheed Martin remains a buy, despite an 11% pullback since July, due to robust long-term demand and discounted valuation. 2026 sales growth is expected to accelerate from 2025, but near-term Q3 results may be mixed given capacity constraints and cautious analyst expectations. Lockheed Martin's supply chain is strengthening, with new contracts aimed at alleviating bottlenecks and supporting future production ramp-up.