Lockheed Martin Corporation (LMT)
NYSE: LMT · Real-Time Price · USD
470.45
+0.17 (0.04%)
At close: May 22, 2025, 4:00 PM
471.00
+0.55 (0.12%)
After-hours: May 22, 2025, 7:57 PM EDT
Lockheed Martin Stock Forecast
Stock Price Forecast
According to 13 professional analysts, the 12-month price target for Lockheed Martin stock ranges from a low of $432 to a high of $610. The average analyst price target of $528.69 forecasts a 12.38% increase in the stock price over the next year.
Price Target: $528.69 (+12.38%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 23, 2025.
Analyst Ratings
The average analyst rating for Lockheed Martin stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '24 | Jan '25 | Feb '25 | Mar '25 | Apr '25 | May '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 2 | 3 | 3 |
| Hold | 4 | 5 | 5 | 7 | 7 | 7 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 12 | 12 | 12 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $481 → $499 | Hold | Maintains | $481 → $499 | +6.07% | Apr 23, 2025 |
| Baird | Baird | Hold → Buy Upgrades $540 | Hold → Buy | Upgrades | $540 | +14.78% | Apr 23, 2025 |
| Wells Fargo | Wells Fargo | Hold Maintains $476 → $432 | Hold | Maintains | $476 → $432 | -8.17% | Apr 8, 2025 |
| RBC Capital | RBC Capital | Buy → Hold Downgrades $550 → $480 | Buy → Hold | Downgrades | $550 → $480 | +2.03% | Mar 27, 2025 |
| B of A Securities | B of A Securities | Strong Buy → Hold Downgrades $685 → $485 | Strong Buy → Hold | Downgrades | $685 → $485 | +3.09% | Mar 24, 2025 |
Financial Forecast
Revenue This Year
75.15B
from 71.04B
Increased by 5.78%
Revenue Next Year
78.08B
from 75.15B
Increased by 3.90%
EPS This Year
27.67
from 22.31
Increased by 24.02%
EPS Next Year
30.16
from 27.67
Increased by 9.00%
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 78.5B | 82.5B | 85.8B | ||
| Avg | 75.1B | 78.1B | 81.0B | ||
| Low | 72.3B | 74.1B | 76.0B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 10.5% | 9.8% | 9.9% | ||
| Avg | 5.8% | 3.9% | 3.7% | ||
| Low | 1.7% | -1.4% | -2.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 29.74 | 32.66 | 35.44 | ||
| Avg | 27.67 | 30.16 | 32.38 | ||
| Low | 26.59 | 27.78 | 29.68 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 33.3% | 18.0% | 17.5% | ||
| Avg | 24.0% | 9.0% | 7.4% | ||
| Low | 19.2% | 0.4% | -1.6% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.