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

Analyst price target for LMT

Based on 11 analysts offering 12 month price targets for Lockheed Martin Corp

Min Forecast
$525.00+2.33%
Avg Forecast
$622.46+21.33%
Max Forecast
$700.00+36.44%

Should I buy or sell LMT stock?

Based on 11 analysts offering ratings for Lockheed Martin Corp.

Buy
Strong Buy
6 analysts 54.55%
Buy
1 analysts 9.09%
Hold
4 analysts 36.36%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%
Although LMT's forecast from analysts indicates a "Buy", our proven Zen Rating quant model rates LMT as a "Hold". Stocks with a Zen Rating of Hold have beat the market by +7.53%. Learn More

Be the first to know when Wall Street analysts revise their LMT stock forecasts and price targets.

LMT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-10-29
lockedlocked$00.00+00.00%2024-10-23
lockedlocked$00.00+00.00%2024-10-23Find Out Why
lockedlocked$00.00+00.00%2024-10-23
lockedlocked$00.00+00.00%2024-10-23
JP Morgan
Top 15%
86
Strong BuyMaintains$630.00+22.80%2024-10-14Find out why
Citigroup
Top 7%
94
Strong BuyMaintains$700.00+36.44%2024-10-10Find out why
Deutsche Bank
Top 12%
89
Strong BuyMaintains$620.00+20.85%2024-10-03Find out why
Bank of America
Top 19%
82
Strong BuyMaintains$635.00+23.77%2024-08-30
Morgan Stanley
Top 8%
93
HoldMaintains$599.00+16.76%2024-08-09

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Forecast return on equity

Is LMT forecast to generate an efficient return?

Company
100.74%
Industry
20.79%
Market
70.65%
LMT's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is LMT forecast to generate an efficient return on assets?

Company
13.06%
Industry
7.68%
LMT is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

LMT earnings per share forecast

What is LMT's earnings per share in the next 3 years based on estimates from 4 analysts?

Avg 1 year Forecast
$26.94-2.85%
Avg 2 year Forecast
$28.11+1.36%
Avg 3 year Forecast
$29.82+7.55%
LMT's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

LMT revenue forecast

What is LMT's revenue in the next 3 years based on estimates from 6 analysts?

Avg 1 year Forecast
$71.3B-0.03%
Avg 2 year Forecast
$74.1B+3.87%
Avg 3 year Forecast
$76.9B+7.9%
LMT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

LMT earnings growth forecast

How is LMT forecast to perform vs Aerospace & Defense companies and vs the US market?

Company
2.31%
Industry
12.14%
Market
17.31%
LMT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
LMT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
LMT's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

LMT revenue growth forecast

How is LMT forecast to perform vs Aerospace & Defense companies and vs the US market?

Company
2.56%
Industry
6.49%
Market
8.88%
LMT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
LMT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

LMT vs Defense Stocks

TickerPricePrice TargetUp/downsideConsensus
LMT$513.03$622.46+21.33%Buy
BA$153.93$195.63+27.09%Strong Buy
RTX$117.99$130.69+10.77%Buy
GD$271.80$336.00+23.62%Buy
TDG$1,279.21$1,471.08+15.00%Buy

Lockheed Martin Stock Forecast FAQ

Is Lockheed Martin Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 11 Wall Street analysts covering (NYSE: LMT) stock is to Buy LMT stock.

Out of 11 analysts, 6 (54.55%) are recommending LMT as a Strong Buy, 1 (9.09%) are recommending LMT as a Buy, 4 (36.36%) are recommending LMT as a Hold, 0 (0%) are recommending LMT as a Sell, and 0 (0%) are recommending LMT as a Strong Sell.

If you're new to stock investing, here's how to buy Lockheed Martin stock.

What is LMT's earnings growth forecast for 2024-2026?

(NYSE: LMT) Lockheed Martin's forecast annual earnings growth rate of 2.31% is not forecast to beat the US Aerospace & Defense industry's average forecast earnings growth rate of 12.14%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 17.31%.

Lockheed Martin's earnings in 2024 is $6,675,000,000.On average, 4 Wall Street analysts forecast LMT's earnings for 2024 to be $6,385,730,255, with the lowest LMT earnings forecast at $6,373,878,491, and the highest LMT earnings forecast at $6,421,285,546. On average, 9 Wall Street analysts forecast LMT's earnings for 2025 to be $6,662,208,197, with the lowest LMT earnings forecast at $6,340,693,553, and the highest LMT earnings forecast at $6,973,577,732.

In 2026, LMT is forecast to generate $7,069,174,057 in earnings, with the lowest earnings forecast at $6,779,208,808 and the highest earnings forecast at $7,434,966,891.

What is LMT's revenue growth forecast for 2024-2026?

(NYSE: LMT) Lockheed Martin's forecast annual revenue growth rate of 2.56% is not forecast to beat the US Aerospace & Defense industry's average forecast revenue growth rate of 6.49%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.88%.

Lockheed Martin's revenue in 2024 is $71,295,000,000.On average, 6 Wall Street analysts forecast LMT's revenue for 2024 to be $16,894,027,754,663, with the lowest LMT revenue forecast at $16,888,052,095,431, and the highest LMT revenue forecast at $16,915,349,077,470. On average, 6 Wall Street analysts forecast LMT's revenue for 2025 to be $17,553,189,900,973, with the lowest LMT revenue forecast at $17,369,724,836,707, and the highest LMT revenue forecast at $17,821,652,495,644.

In 2026, LMT is forecast to generate $18,234,745,480,630 in revenue, with the lowest revenue forecast at $17,958,636,365,087 and the highest revenue forecast at $18,796,296,975,589.

What is LMT's forecast return on assets (ROA) for 2024-2027?

(NYSE: LMT) forecast ROA is 13.06%, which is higher than the forecast US Aerospace & Defense industry average of 7.68%.

What is LMT's Price Target?

According to 11 Wall Street analysts that have issued a 1 year LMT price target, the average LMT price target is $622.46, with the highest LMT stock price forecast at $700.00 and the lowest LMT stock price forecast at $525.00.

On average, Wall Street analysts predict that Lockheed Martin's share price could reach $622.46 by Oct 29, 2025. The average Lockheed Martin stock price prediction forecasts a potential upside of 21.33% from the current LMT share price of $513.03.

What is LMT's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: LMT) Lockheed Martin's current Earnings Per Share (EPS) is $27.73. On average, analysts forecast that LMT's EPS will be $26.94 for 2024, with the lowest EPS forecast at $26.89, and the highest EPS forecast at $27.09. On average, analysts forecast that LMT's EPS will be $28.11 for 2025, with the lowest EPS forecast at $26.75, and the highest EPS forecast at $29.42. In 2026, LMT's EPS is forecast to hit $29.82 (min: $28.60, max: $31.37).

What is LMT's forecast return on equity (ROE) for 2024-2027?

(NYSE: LMT) forecast ROE is 100.74%, which is considered strong.
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