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NYSE: LMT
Lockheed Martin Corp Stock Forecast, Predictions & Price Target

Analyst price target for LMT

Based on 4 analysts offering 12 month price targets for Lockheed Martin Corp.
Min Forecast
$384.00-0.96%
Avg Forecast
$434.25+12%
Max Forecast
$458.00+18.13%

Should I buy or sell LMT stock?

Strong Buy
Strong Buy
3 analysts 75%
Buy
0 analysts 0%
Hold
1 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

LMT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Anonymous
Morgan Stanley
Strong BuyMaintains$458.00+18.13%2021-04-21
Kristine Liwag
Morgan Stanley
Strong BuyMaintains$445.00+14.77%2021-02-08
John Eade
Argus Research
Strong BuyMaintains$450.00+16.06%2020-07-24
Matthew Akers
Wells Fargo
HoldInitiates Coverage On$384.00-0.96%2021-05-13

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Forecast return on equity

Is LMT forecast to generate an efficient return?
Company
116.99%
Industry
18.83%
Market
61.4%
LMT's Return on Equity is forecast to be high in 3 years (116.99%); analysts are confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is LMT forecast to generate an efficient return on assets?
Company
14.36%
Industry
7.78%
Market
18.88%
LMT is forecast to generate higher Return on Assets (14.36%) than the US Aerospace & Defense industry average (7.78%)
Forecast

LMT earnings per share forecast

What is LMT's earnings per share in the next 3 years based on estimates from 9 analysts?
Avg 1 year Forecast
$26.74+7.48%
Avg 2 year Forecast
$27.89+12.08%
Avg 3 year Forecast
$29.02+16.65%
LMT's earnings are forecast to grow at a rate of 5.27% per year, which is not exceptional
Forecast

LMT revenue forecast

What is LMT's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$68.3B+3.45%
Avg 2 year Forecast
$70.5B+6.84%
Avg 3 year Forecast
$72.8B+10.22%
LMT's revenue is forecast to grow at a rate of 3.3% per year, which is not exceptional
Forecast

LMT earnings growth forecast

How is LMT forecast to perform vs Aerospace & Defense companies and vs the US market?
Company
5.27%
Industry
10.97%
Market
19.68%
LMT's earnings are forecast to grow slower (5.27% per year) than the US Aerospace & Defense industry average (10.97%)
Forecast
LMT's earnings are forecast to grow slower (5.27% per year) than the US market average (19.68%)
Forecast
LMT's earnings are forecast to grow faster (5.27% per year) than the risk-free savings rate (1.5%)
Forecast

LMT revenue growth forecast

How is LMT forecast to perform vs Aerospace & Defense companies and vs the US market?
Company
3.3%
Industry
8.25%
Market
14.56%
LMT's revenues are forecast to grow slower (3.3% per year) than the US Aerospace & Defense industry average (8.25%)
Forecast
LMT's revenues are forecast to grow slower (3.3% per year) than the US market average (14.56%)
Forecast

Lockheed Martin Corp Stock Forecast FAQ

Is Lockheed Martin Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 4 Wall Street analysts covering (NYSE: LMT) stock is to Strong Buy LMT stock.

Out of 4 analysts, 3 (75%) are recommending LMT as a Strong Buy, 0 (0%) are recommending LMT as a Buy, 1 (25%) are recommending LMT as a Hold, 0 (0%) are recommending LMT as a Sell, and 0 (0%) are recommending LMT as a Strong Sell.

What is LMT's earnings growth forecast for 2021-2023?

(NYSE: LMT) Lockheed Martin Corp's forecast annual earnings growth rate of 5.27% is not forecast to beat the US Aerospace & Defense industry's average forecast earnings growth rate of 10.97%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.68%.

Lockheed Martin Corp's earnings in 2021 is $6,953,000,000.On average, 9 Wall Street analysts forecast LMT's earnings for 2021 to be $7,431,954,759, with the lowest LMT earnings forecast at $7,406,940,700, and the highest LMT earnings forecast at $7,573,701,091. On average, 9 Wall Street analysts forecast LMT's earnings for 2022 to be $7,750,661,659, with the lowest LMT earnings forecast at $7,226,283,610, and the highest LMT earnings forecast at $8,051,747,545.

In 2023, LMT is forecast to generate $8,066,200,113 in earnings, with the lowest earnings forecast at $7,532,010,994 and the highest earnings forecast at $8,407,503,046.

What is LMT's revenue growth forecast for 2021-2023?

(NYSE: LMT) Lockheed Martin Corp's forecast annual revenue growth rate of 3.3% is not forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 8.25%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.56%.

Lockheed Martin Corp's revenue in 2021 is $66,005,000,000.On average, 7 Wall Street analysts forecast LMT's revenue for 2021 to be $18,977,252,172,878, with the lowest LMT revenue forecast at $18,881,723,204,960, and the highest LMT revenue forecast at $19,104,128,759,097. On average, 7 Wall Street analysts forecast LMT's revenue for 2022 to be $19,599,881,553,679, with the lowest LMT revenue forecast at $19,038,755,906,485, and the highest LMT revenue forecast at $19,863,508,330,933.

In 2023, LMT is forecast to generate $20,219,855,275,253 in revenue, with the lowest revenue forecast at $19,518,469,964,595 and the highest revenue forecast at $20,581,011,589,250.

What is LMT's forecast return on assets (ROA) for 2021-2024?

(NYSE: LMT) forecast ROA is 14.36%, which is higher than the forecast US Aerospace & Defense industry average of 7.78%.

What is LMT's Price Target?

According to 4 Wall Street analysts that have issued a 1 year LMT price target, the average LMT price target is $434.25, with the highest LMT stock price forecast at $458.00 and the lowest LMT stock price forecast at $384.00.

On average, Wall Street analysts predict that Lockheed Martin Corp's share price could stay at $434.25 by May 13, 2022. The average Lockheed Martin Corp stock price prediction forecasts a potential downside of N/A from the current LMT share price of $387.72.

What is LMT's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: LMT) Lockheed Martin Corp's current Earnings Per Share (EPS) is $24.88. On average, analysts forecast that LMT's EPS will be $26.74 for 2021, with the lowest EPS forecast at $26.65, and the highest EPS forecast at $27.25. On average, analysts forecast that LMT's EPS will be $27.89 for 2022, with the lowest EPS forecast at $26.00, and the highest EPS forecast at $28.97. In 2023, LMT's EPS is forecast to hit $29.02 (min: $27.10, max: $30.25).

What is LMT's forecast return on equity (ROE) for 2021-2024?

(NYSE: LMT) forecast ROE is 116.99%, which is considered strong.
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