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Lockheed Martin (LMT) Stock Forecast & Price Target

Lockheed Martin logo
$425.68 -5.07 (-1.18%)
Closing price 08/8/2025 03:59 PM Eastern
Extended Trading
$427.10 +1.42 (+0.33%)
As of 08/8/2025 07:58 PM Eastern
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Lockheed Martin - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
14
Buy
6

Based on 20 Wall Street analysts who have issued ratings for Lockheed Martin in the last 12 months, the stock has a consensus rating of "Hold." Out of the 20 analysts, 14 have given a hold rating, 5 have given a buy rating, and 1 has given a strong buy rating for LMT.

Consensus Price Target

$506.65
19.02% Upside
According to the 20 analysts' twelve-month price targets for Lockheed Martin, the average price target is $506.65. The highest price target for LMT is $704.00, while the lowest price target for LMT is $432.00. The average price target represents a forecasted upside of 19.02% from the current price of $425.68.
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LMT Analyst Ratings Over Time

TypeCurrent Forecast
8/10/24 to 8/10/25
1 Month Ago
7/11/24 to 7/11/25
3 Months Ago
5/12/24 to 5/12/25
1 Year Ago
8/11/23 to 8/10/24
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
6 Buy rating(s)
7 Buy rating(s)
7 Buy rating(s)
Hold
14 Hold rating(s)
11 Hold rating(s)
9 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$506.65$531.47$541.80$541.85
Forecasted Upside19.02% Upside13.69% Upside14.52% Upside-1.76% Downside
Consensus Rating
Hold
Hold
Moderate Buy
Hold

LMT Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LMT Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Lockheed Martin Stock vs. The Competition

TypeLockheed MartinAerospace CompaniesS&P 500
Consensus Rating Score
2.35
2.80
2.53
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside19.02% Upside20.51% Upside13.85% Upside
News Sentiment Rating
Positive News

See Recent LMT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/23/2025UBS Group
4 of 5 stars
Gavin Parsons
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Lower TargetNeutral ➝ Neutral$498.00 ➝ $453.00+8.03%
7/23/2025JPMorgan Chase & Co.
3 of 5 stars
Seth Seifman
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Lower TargetOverweight ➝ Overweight$520.00 ➝ $465.00+11.35%
7/23/2025Susquehanna
2 of 5 stars
Charles Minervino
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Lower TargetPositive ➝ Positive$550.00 ➝ $490.00+16.81%
7/23/2025Royal Bank Of Canada
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Ken Herbert
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Lower TargetSector Perform ➝ Sector Perform$480.00 ➝ $440.00+5.00%
7/23/2025Robert W. Baird
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Peter Arment
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Lower TargetOutperform ➝ Outperform$540.00 ➝ $500.00+21.78%
7/23/2025Truist Financial
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Michael Ciarmoli
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DowngradeBuy ➝ Hold$554.00 ➝ $440.00+7.17%
7/22/2025Vertical Research
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Robert Stallard
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Reiterated RatingHold ➝ Hold$460.00+9.16%
7/14/2025Sanford C. Bernstein
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Douglas Harned
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Set TargetMarket Perform ➝ Market Perform$551.00+16.33%
7/10/2025Cowen
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 DowngradeBuy ➝ Hold
7/10/2025TD Cowen
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Gautam Khanna
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Reiterated RatingBuy ➝ Hold$500.00 ➝ $480.00+3.54%
4/28/2025Jefferies Financial Group
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 Lower TargetHold$510.00 ➝ $500.00+6.14%
4/23/2025Baird R W
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P. Arment
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UpgradeHold ➝ Strong-Buy
4/16/2025Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$575.00+22.43%
4/8/2025Wells Fargo & Company
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Matthew Akers
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Lower TargetEqual Weight ➝ Equal Weight$476.00 ➝ $432.00-2.16%
3/24/2025Melius Research
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R. Spingarn
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DowngradeStrong-Buy ➝ Hold
3/24/2025Bank of America
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Ronald Epstein
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DowngradeBuy ➝ Neutral$685.00 ➝ $485.00+10.16%
1/21/2025Citigroup
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Jason Gursky
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Lower TargetBuy ➝ Buy$700.00 ➝ $600.00+18.91%
1/6/2025Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$565.00 ➝ $515.00+9.26%
1/2/2025Deutsche Bank Aktiengesellschaft
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 DowngradeBuy ➝ Hold$611.00 ➝ $523.00+7.63%
4/23/2024The Goldman Sachs Group
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 Lower TargetSell ➝ Sell$380.00 ➝ $377.00-19.33%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 08:12 AM ET.


Should I Buy Lockheed Martin Stock? LMT Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, August 8, 2025. Please send any questions or comments about these Lockheed Martin pros and cons to contact@marketbeat.com.

Lockheed Martin
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Lockheed Martin Co.:

  • The company recently reported strong quarterly earnings, with earnings per share significantly exceeding analyst expectations, indicating robust financial performance.
  • Lockheed Martin Co. has a solid dividend yield of approximately 3.1%, providing a steady income stream for investors through its quarterly dividends.
  • The current stock price is around $431, which may present a buying opportunity for investors looking for value in the defense sector.
  • With a return on equity of over 107%, Lockheed Martin Co. demonstrates effective management and profitability, which can attract long-term investors.
  • Recent upgrades from analysts, including a shift to an "overweight" rating, suggest positive sentiment and potential for stock price appreciation.

Lockheed Martin
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Lockheed Martin Co. for these reasons:

  • The company has faced revenue challenges, with recent quarterly revenue falling short of analyst expectations, which may raise concerns about future growth.
  • Lockheed Martin Co. has a high debt-to-equity ratio, indicating a reliance on debt financing that could pose risks in a rising interest rate environment.
  • Recent downgrades from some analysts suggest mixed opinions on the stock's future performance, which could lead to volatility.
  • The stock has experienced fluctuations, with a twelve-month high of $618.95 and a low of $410.11, indicating potential instability in its price movements.
  • Concerns about government spending on defense could impact future contracts and revenue, making the stock less attractive in uncertain economic conditions.

LMT Forecast - Frequently Asked Questions

According to the research reports of 20 Wall Street equities research analysts, the average twelve-month stock price forecast for Lockheed Martin is $506.65, with a high forecast of $704.00 and a low forecast of $432.00.

20 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There are currently 14 hold ratings, 5 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" LMT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LMT, but not buy additional shares or sell existing shares.

According to analysts, Lockheed Martin's stock has a predicted upside of 19.02% based on their 12-month stock forecasts.

Over the previous 90 days, Lockheed Martin's stock had 2 downgrades by analysts.

Lockheed Martin has been rated by research analysts at Cowen, JPMorgan Chase & Co., Robert W. Baird, Royal Bank Of Canada, Sanford C. Bernstein, Susquehanna, TD Cowen, Truist Financial, UBS Group, and Vertical Research in the past 90 days.

Analysts like Lockheed Martin less than other "aerospace" companies. The consensus rating for Lockheed Martin is Hold while the average consensus rating for "aerospace" companies is Moderate Buy. Learn more on how LMT compares to other companies.


This page (NYSE:LMT) was last updated on 8/10/2025 by MarketBeat.com Staff
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