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

Analyst price target for LMT

Based on 10 analysts offering 12 month price targets for Lockheed Martin Corp.
Min Forecast
$400.00+4.25%
Avg Forecast
$441.40+15.03%
Max Forecast
$509.00+32.65%

Should I buy or sell LMT stock?

Strong Buy
Strong Buy
9 analysts 75.00%
Buy
0 analysts 0.00%
Hold
3 analysts 25.00%
Sell
0 analysts 0.00%
Strong Sell
0 analysts 0.00%

Forecast return on equity

Is LMT forecast to generate an efficient return?
Company
217.93%
Industry
48.18%
Market
-1.26%
LMT's Return on Equity is forecast to be high in 4 years (217.93%); 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
16.48%
Industry
9.09%
Market
11.45%
LMT is forecast to generate higher Return on Assets (16.48%) than the US Aerospace & Defense industry average (9.09%)
Forecast

LMT earnings per share forecast

What is LMT's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$24.52+6.93%
Avg 2 year Forecast
$26.82+16.95%
Avg 3 year Forecast
$28.88+25.93%
LMT's earnings are forecast to grow at a rate of 8.06% per year, which is not exceptional
Forecast

LMT revenue forecast

What is LMT's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$64.8B+2.93%
Avg 2 year Forecast
$68.1B+8.25%
Avg 3 year Forecast
$71.3B+13.28%
LMT's revenue is forecast to grow at a rate of 4.26% 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
8.06%
Industry
89.44%
Market
14.77%
LMT's earnings are forecast to grow slower (8.06% per year) than the US Aerospace & Defense industry average (89.44%)
Forecast
LMT's earnings are forecast to grow slower (8.06% per year) than the US market average (14.77%)
Forecast

LMT revenue growth forecast

How is LMT forecast to perform vs Aerospace & Defense companies and vs the US market?
Company
4.26%
Industry
4.41%
Market
5.69%
LMT's revenues are forecast to grow slower (4.26% per year) than the US Aerospace & Defense industry average (4.41%)
Forecast
LMT's revenues are forecast to grow slower (4.26% per year) than the US market average (5.69%)
Forecast

Lockheed Martin Corp Stock Forecast FAQ

The consensus among 12 Wall Street analysts covering (NYSE: LMT) stock is to Strong Buy LMT stock.

Out of 12 analysts, 9 (75.00%) are recommending LMT as a Strong Buy, 0 (0.00%) are recommending LMT as a Buy, 3 (25.00%) are recommending LMT as a Hold, 0 (0.00%) are recommending LMT as a Sell, and 0 (0.00%) are recommending LMT as a Strong Sell.
According to 10 Wall Street analysts that have issued a 1 year LMT price target, the average LMT price target is $441.40, with the highest LMT stock price forecast at $509.00 and the lowest LMT stock price forecast at $400.00.

On average, Wall Street analysts predict that Lockheed Martin Corp's share price could reach $441.40 by Oct 16, 2021. The average Lockheed Martin Corp stock price prediction forecasts a potential upside of 15.03% from the current LMT share price of $383.71.
(NYSE: LMT) Lockheed Martin Corp's forecast annual earnings growth rate of 8.06% is not forecast to beat the US Aerospace & Defense industry's average forecast earnings growth rate of 89.44%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 14.77%.

Lockheed Martin Corp's earnings in 2020 is $6,449,000,000.On average, 6 Wall Street analysts forecast LMT's earnings for 2020 to be $6,876,273,899, with the lowest LMT earnings forecast at $6,811,773,777, and the highest LMT earnings forecast at $6,980,034,965. On average, 9 Wall Street analysts forecast LMT's earnings for 2021 to be $7,520,041,206, with the lowest LMT earnings forecast at $7,305,339,930, and the highest LMT earnings forecast at $7,796,101,729.

In 2022, LMT is forecast to generate $8,097,850,127 in earnings, with the lowest earnings forecast at $7,922,297,621 and the highest earnings forecast at $8,247,602,585.
(NYSE: LMT) Lockheed Martin Corp's forecast annual revenue growth rate of 4.26% is not forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 4.41%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 5.69%.

Lockheed Martin Corp's revenue in 2020 is $62,920,000,000.On average, 6 Wall Street analysts forecast LMT's revenue for 2020 to be $18,162,267,195,754, with the lowest LMT revenue forecast at $18,079,664,693,580, and the highest LMT revenue forecast at $18,284,351,624,915. On average, 6 Wall Street analysts forecast LMT's revenue for 2021 to be $19,101,095,079,068, with the lowest LMT revenue forecast at $18,590,337,400,374, and the highest LMT revenue forecast at $19,383,969,338,994.

In 2022, LMT is forecast to generate $19,987,413,412,883 in revenue, with the lowest revenue forecast at $19,086,988,341,468 and the highest revenue forecast at $20,405,875,623,210.
(NYSE: LMT) Lockheed Martin Corp's current Earnings Per Share (EPS) is $22.93. On average, analysts forecast that LMT's EPS will be $24.52 for 2020, with the lowest EPS forecast at $24.29, and the highest EPS forecast at $24.89. On average, analysts forecast that LMT's EPS will be $26.82 for 2021, with the lowest EPS forecast at $26.05, and the highest EPS forecast at $27.80. In 2022, LMT's EPS is forecast to hit $28.88 (min: $28.25, max: $29.41).
(NYSE: LMT) forecast ROE is 217.93%, which is considered strong.
(NYSE: LMT) forecast ROA is 16.48%, which is higher than the forecast US Aerospace & Defense industry average of 9.09%.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
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