How to Buy Lockheed Martin Stock
Lockheed Martin Corp
Lockheed Martin is a defense company located in Maryland, United States, which is part of the Industrials sector, and is traded under the ticker LMT on the NYSE exchange.
Lockheed Martin stock last closed at $629.56, down 1.37% from the previous day, and has increased 40.46% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0.03 percentage points. Lockheed Martin stock is currently +53.51% from its 52-week low of $410.11, and -2.63% from its 52-week high of $646.59.
At the moment, there are 230.08M LMT shares outstanding. The market value of LMT is $144.85B. In the last 24 hours, 1.21M LMT shares were traded.
How to Buy Lockheed Martin Stock
Not sure how to invest in Lockheed Martin stock? Here's how.
- Decide where to buy Lockheed Martin stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Lockheed Martin stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your method of payment and add your details.
- Evaluate Lockheed Martin stock: The Lockheed Martin ticker symbol is LMT. Is Lockheed Martin stock a good investment? Should you buy shares of LMT? How do LMT's underlying business fundamentals look? Do top analysts think Lockheed Martin is a good buy? Why has LMT's stock price moved recently? (Hint: Our stock market research tools can help you figure out if LMT is a good stock to buy).
- Place your LMT purchase: Decide if you will purchase LMT shares at the current market price or use a limit order to purchase LMT stock at a particular price.
- Watch your LMT position: Create a watchlist to monitor your new investment in Lockheed Martin stock.
Step 1: Decide where to buy Lockheed Martin stock
You need an online brokerage account to access the NYSE market and buy LMT shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you are able to invest in LMT today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you've created your account on our top ranked stock app, you need to deposit funds:
Watch this video walkthrough to see the process of transferring money into your new investment account.
Step 4: Evaluate Lockheed Martin stock
After you have decided on the best place to buy Lockheed Martin stock, it's absolutely critical to evaluate their stock prior to investing, so you truly comprehend the risk and upside.
Lockheed Martin quick stats
LMT Due Diligence Checks
WallStreetZen was created to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on LMT's stock page.
What is the fair value of LMT stock?
Investors use many financial metrics, analyses, models, and charts to gauge LMT's intrinsic value.
Using relative valuations measures:
- LMT could be undervalued based on its P/E ratio of 29.2x, relative to Aerospace & Defense industry P/E ratio of 55.23x
- LMT could be overvalued based on its P/B ratio of 21.55x, relative to Aerospace & Defense industry P/B ratio of 6.98x
- LMT could be overvalued based on its PEG ratio of 1.75x
You can access additional valuation research on LMT's stock here.
LMT Financial Health Overview
Pros:
- LMT's operating cash flow of $8.56B allows it to safely service it's debt of $21.70B.
- There are more short-term assets than short-term liabilities on the LMT balance sheet.
- LMT earnings of $7.04B is not sufficient to cover its interest payments.
Cons:
- LMT has a relatively high debt to equity ratio of 7.9.
- LMT profit margin has gone down from 7.5% to 6.7% in the past year.
- There are more long-term liabilities than short-term assets on the LMT balance sheet.
- Total LMT debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy Lockheed Martin stock, according to analysts?
Out of 13 sell side analysts who give recommendations on LMT, the consensus analyst rating on Lockheed Martin is a Hold
Please note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent LMT Analyst Upgrades/Downgrades
Kenneth Herbert, a top 1% analyst from RBC Capital maintains LMT with a hold rating and raises their LMT price target from $615.00 to $650.00, on Jan 30, 2026.
RBC Capital's Kenneth Herbert raised their price target on Lockheed Martin (NYSE: LMT) by 5.7% from $615 to $650 on 2026/01/30. The analyst maintained their Hold rating on the stock.
Lockheed Martin reported its Q4 and FY 2025 earnings.
Raising their price target, Herbert noted the quarter's "slight" revenue beat and segment EBIT,.
However, the analyst said, the print's highlights were the CY 2026 pension pre-funding, free cash flow, and management's consensus-beating FY 2026 guidance.
Herbert told readers that although its Capex guidance has raised significantly, management was hesitant to offer capital allocation updates in the earings call.
Earnings Report
Lockheed Martin reported:
For Q4 2025:
- GAAP EPS of $5.80, which beat Q4 2024's $$2.22.
- Revenue of $20.32B, which beat the Zacks Consensus Estimate by 2.48% and Q4 2024's $18.62B.
For FY 2025:
- EPS of 21.49, down from FY 2024's $22.31.
- Revenue of $75.1B, up from FY 2024's $71B.
For FY 2026, management guided:
- EPS of $29.35 to $30.25.
- Revenue of $77.5B to $80B.
Chairman, President & CEO Jim Taiclet commented: “With a record $194 billion backlog, 6% year-over-year sales growth, and free cash flow generation above our prior expectation, 2025 marked a year of unprecedented demand for Lockheed Martin capabilities.
"This escalating demand for our signature programs and systems has been driven by combat-proven performance over recent years that has already been again demonstrated in 2026.
"During the U.S. military’s recent Operation Absolute Resolve, F-35 and F-22 fighter jets, RQ-170 stealth drones, and Sikorsky Black Hawk helicopters were decisive contributors to enable American soldier, sailors, marines, and airmen to successfully execute extremely difficult missions and return safely.
“To ensure we continue delivering overwhelming capability at speed and scale, we invested more than $3.5 billion during 2025 in production capacity and next-generation technologies throughout the year, underscoring our disciplined capital allocation.
“Having long advocated for a new way of doing business between government and industry, we are well-positioned to perform under the Department of War’s Acquisition Transformation Strategy, as evidenced by our landmark, seven-year framework agreement for PAC-3 missiles early in the first quarter.
"We look forward to continuing our partnership with the DoW and Congress to definitize this contract and officially unleash a new era of increased innovation, accountability and execution within the defense industrial base.
“This notable start to 2026 reinforces our confidence in Lockheed Martin’s continued operational and financial growth in the year ahead.
"We expect sales and reported segment operating profit growth of approximately 5% and 25% year-over-year, respectively, and free cash flow between $6.5 to $6.8 billion, an increase compared to our prior expectation.
"With a strong emphasis on operational performance and clear alignment with our customers’ national defense priorities, we will continue to deliver superior, reliable capabilities to U.S. and Allied militaries to strengthen deterrence and provide overwhelming combat advantage, while providing strong results and value to our shareholders.”
Michael Ciarmoli, a top 1% analyst from Truist Securities upgrades LMT to a strong buy rating and raises their LMT price target from $500.00 to $605.00, on Jan 9, 2026.
Seth Seifman, a top 6% analyst from JP Morgan downgrades LMT to a hold rating and raises their LMT price target from $465.00 to $515.00, on Dec 19, 2025.
Kristine Liwag, a top 6% analyst from Morgan Stanley downgrades LMT to a hold rating and lowers their LMT price target from $630.00 to $543.00, on Dec 16, 2025.
Douglas Harned, a top 39% analyst from Bernstein maintains LMT with a hold rating and raises their LMT price target from $497.00 to $545.00, on Oct 20, 2025.
You can dig deeper into what analysts are forecasting on the Lockheed Martin stock forecast page.
LMT Trading Indicators
LMT Growth Metrics
Last year, LMT earnings were $5.02B. During the last 5 year, LMT's earnings have gone up by -2.44% per year. This was slower than the Aerospace & Defense industry average of 19.33%.
Last year, LMT revenue was $75.05B. In the last five year, LMT's revenue has gone up by 2.79% per year. This was slower than the Aerospace & Defense industry average of 11.25%.
Dig into LMT's earnings and revenue performance here.
Who is buying/selling LMT?
Over the past year, insiders at LMT have sold more shares than they have bought.
Timothy S. Cahill, Pres. Missiles Fire Control of LMT, was the latest LMT insider to sell. They sold $17,183.60 worth of LMT stock on Dec 5, 2025.
Get more info about who owns LMT stock here.
Can I rely on LMT as an income stream?
Lockheed Martin pays a dividend of 1.6%, compared to the Aerospace & Defense industry's average dividend yield of 0.98%. If you owned $1,000 worth of LMT stock, you would have received $15.96 in the past 12 months.
Lockheed Martin dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Lockheed Martin dividend yield and history here.
What do other investors have to say about LMT?
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Step 5: Place your LMT purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, use a limit order.
Hit the Open Trade button and your broker will place your order.
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Step 6: Watch your LMT position
Now that you own some LMT stock, you'll want to stay up-to-date on your new investment.
Put LMT on a watchlist to get notified of the latest news about your LMT stock.
LMT Feed
How to Buy Stock in Lockheed Martin
To reiterate, here are the 6 steps for buying Lockheed Martin stock:
- Decide where to buy Lockheed Martin stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Lockheed Martin stock
- Place your LMT purchase
- Watch your LMT position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Lockheed Martin, create a watchlist on WallStreetZen today.
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