Lockheed Martin (NYSE:LMT) Given New $770.00 Price Target at BNP Paribas Exane

Key Points

• BNP Paribas Exane raised its price target on Lockheed Martin to $770 (from $740) and maintained an outperform rating, implying roughly 23.51% upside from the current share price.
• The sell‑side consensus remains a Hold with an average target of $645.79; among analysts 7 rate Buy, 13 Hold and 1 Sell.
• Shares traded at $623.44 on the day of the note; Lockheed reported Q1 EPS of $5.80 (missing estimates) but revenue of $20.32B (up 9.1% YoY), with a market cap of $143.68B and about 74.19% institutional ownership.

Lockheed Martin (NYSE:LMT - Get Free Report) had its target price boosted by BNP Paribas Exane from $740.00 to $770.00 in a research note issued on Tuesday,MarketScreener reports. The firm presently has an "outperform" rating on the aerospace company's stock. BNP Paribas Exane's price target would indicate a potential upside of 23.51% from the stock's current price.

LMT has been the subject of a number of other research reports. The Goldman Sachs Group boosted their target price on shares of Lockheed Martin from $464.00 to $517.00 and gave the stock a "sell" rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. boosted their target price on shares of Lockheed Martin from $515.00 to $680.00 and gave the stock a "neutral" rating in a research report on Friday, January 30th. Sanford C. Bernstein reissued a "market perform" rating and set a $654.00 target price on shares of Lockheed Martin in a research report on Friday, February 6th. Wells Fargo & Company assumed coverage on shares of Lockheed Martin in a research report on Wednesday, April 1st. They set an "equal weight" rating and a $650.00 target price for the company. Finally, Citigroup boosted their target price on shares of Lockheed Martin from $673.00 to $675.00 and gave the stock a "neutral" rating in a research report on Wednesday, April 1st. Seven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $645.79.

Lockheed Martin Stock Performance

Shares of LMT stock traded down $4.26 during trading on Tuesday, reaching $623.44. The company had a trading volume of 165,401 shares, compared to its average volume of 1,800,097. The firm's 50 day simple moving average is $637.98 and its two-hundred day simple moving average is $545.04. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. Lockheed Martin has a one year low of $410.11 and a one year high of $692.00. The company has a market capitalization of $143.68 billion, a PE ratio of 28.91, a PEG ratio of 1.12 and a beta of 0.23.

Lockheed Martin (NYSE:LMT - Get Free Report) last issued its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share for the quarter, missing analysts' consensus estimates of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.84 billion. During the same period in the previous year, the business posted $7.67 earnings per share. The firm's revenue was up 9.1% on a year-over-year basis. Sell-side analysts forecast that Lockheed Martin will post 27.15 earnings per share for the current year.

Institutional Investors Weigh In On Lockheed Martin

A number of institutional investors have recently added to or reduced their stakes in the company. Carnegie Investment Counsel lifted its holdings in Lockheed Martin by 11.4% during the 3rd quarter. Carnegie Investment Counsel now owns 29,639 shares of the aerospace company's stock valued at $14,796,000 after purchasing an additional 3,031 shares during the last quarter. VCI Wealth Management LLC bought a new position in Lockheed Martin during the 3rd quarter valued at about $3,075,000. DAVENPORT & Co LLC lifted its holdings in Lockheed Martin by 22.4% during the 3rd quarter. DAVENPORT & Co LLC now owns 25,423 shares of the aerospace company's stock valued at $12,688,000 after purchasing an additional 4,652 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in Lockheed Martin by 29.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,036 shares of the aerospace company's stock valued at $5,010,000 after purchasing an additional 2,270 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its holdings in Lockheed Martin by 9.3% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 39,410 shares of the aerospace company's stock valued at $19,674,000 after purchasing an additional 3,352 shares during the last quarter. 74.19% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Lockheed Martin

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Washington’s big defense budget proposals are a tailwind for Lockheed’s backlog and future sales, supporting longer-term revenue and program funding. Trump's $2.2T proposed defense budget boosts Lockheed Martin's outlook
• Positive Sentiment: Congressional/pentagon budget moves are accelerating priority weapons programs — analysts note a budget surge that could fast-track Lockheed’s AIM‑260 missile program, which would boost future missile revenue. Pentagon budget surge signals fast track for Lockheed’s AIM-260 missile program
• Positive Sentiment: Lockheed extended a long-standing supplier relationship via a new five-year contract with Exostar, reducing supplier risk and supporting program delivery. Exostar Wins New 5-Year Contract with Lockheed Martin for Supplier, Risk, and Compliance Management
• Positive Sentiment: Analyst moves show ongoing institutional interest—Jefferies raised its price target to $640 (hold) and other banks have nudged targets higher, signaling limited upside but continued confidence in fundamentals. Benzinga item on Jefferies price target raise
• Neutral Sentiment: Some analysts remain neutral even as they tweak targets (Citigroup moved its target to $675 while maintaining a Neutral rating), implying valuation limits despite sector tailwinds. Q1 Preview: Citigroup Remains Neutral on Lockheed Martin Corporation (LMT)
• Neutral Sentiment: Investment write-ups highlight Lockheed as a structural beneficiary of space and defense themes (Artemis II, long-term space revenue), but note valuation and execution risks. 2 Defense Stocks Worth Buying as Global Tensions Continue
• Negative Sentiment: Sector-wide risk: defense ETFs are down (~8%) since the Iran conflict began as investors await specific U.S. actions; that risk-off tone is pressuring LMT despite program tailwinds. Defense Stocks Fall. Why They Haven’t Had a Iran War Surge and What Can Drive Gains.
• Negative Sentiment: Competitive setback: Lockheed didn’t advance in the Army’s flight‑school aircraft competition (Bell, M1 advanced), a near-term loss for potential program upside in that segment. Bell, M1 Move Onto Final Phase Of Army’s Flight School Next Competition, Lockheed Doesn’t Advance
• Negative Sentiment: Market reaction: aggregate media/analyst note flow and sector risk are contributing to LMT’s pullback from recent highs. Lockheed Martin (LMT) Stock Slides as Market Rises: Facts to Know Before You Trade

Lockheed Martin Company Profile

Lockheed Martin Corporation NYSE: LMT is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin's product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.

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