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Lockheed Martin (LMT) Stock Forecast & Price Target

Lockheed Martin logo
$496.69 -7.55 (-1.50%)
(As of 12/12/2024 ET)

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
1
Hold
4
Buy
9

Based on 14 Wall Street analysts who have issued ratings for Lockheed Martin in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 14 analysts, 1 has given a sell rating, 4 have given a hold rating, 8 have given a buy rating, and 1 has given a strong buy rating for LMT.

Consensus Price Target

$612.29
23.27% Upside
According to the 14 analysts' twelve-month price targets for Lockheed Martin, the average price target is $612.29. The highest price target for LMT is $704.00, while the lowest price target for LMT is $377.00. The average price target represents a forecasted upside of 23.27% from the current price of $496.69.
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LMT Analyst Ratings Over Time

TypeCurrent Forecast
12/13/23 to 12/12/24
1 Month Ago
11/13/23 to 11/12/24
3 Months Ago
9/14/23 to 9/13/24
1 Year Ago
12/13/22 to 12/13/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
4 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
10 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$612.29$611.00$553.43$484.07
Forecasted Upside23.27% Upside7.94% Upside-2.89% Downside7.29% Upside
Consensus Rating
Moderate Buy
Moderate Buy
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
2.64
2.64
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside23.30% Upside42.85% Upside9.88% Upside
News Sentiment Rating
Positive News

See Recent LMT News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/11/2024Wells Fargo & Company
3 of 5 stars
 Lower TargetEqual Weight ➝ Equal Weight$602.00 ➝ $543.00+6.54%
10/29/2024Barclays
3 of 5 stars
 Boost TargetEqual Weight ➝ Equal Weight$505.00 ➝ $565.00+1.77%
10/23/2024Royal Bank of Canada
4 of 5 stars
K. Herbert
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Lower TargetOutperform ➝ Outperform$675.00 ➝ $665.00+16.20%
10/23/2024TD Cowen
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G. Khanna
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Boost TargetBuy ➝ Buy$560.00 ➝ $610.00+6.50%
10/23/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$589.00 ➝ $603.00+4.73%
10/23/2024Susquehanna
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 Lower TargetPositive ➝ Positive$705.00 ➝ $695.00+20.22%
10/22/2024Robert W. Baird
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 Boost Target$519.00 ➝ $626.00+7.69%
10/14/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$560.00 ➝ $630.00+3.96%
10/10/2024Citigroup
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 Boost TargetBuy ➝ Buy$570.00 ➝ $700.00+17.10%
10/3/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$600.00 ➝ $620.00+2.77%
9/3/2024Melius Research
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R. Spingarn
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UpgradeStrong-Buy
8/30/2024Bank of America
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 Reiterated RatingBuy ➝ Buy$635.00 ➝ $635.00+12.06%
8/9/2024Morgan Stanley
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 Boost TargetEqual Weight ➝ Equal Weight$503.00 ➝ $599.00+8.59%
4/23/2024The Goldman Sachs Group
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 Lower TargetSell ➝ Sell$380.00 ➝ $377.00-19.33%
10/4/2023Jefferies Financial Group
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 Lower TargetHold$505.00 ➝ $455.00+13.85%
4/20/2023Sanford C. Bernstein
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 Boost TargetMarket Perform$478.00 ➝ $496.00+0.17%
4/19/2023Credit Suisse Group
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 Boost TargetOutperform$510.00 ➝ $550.00+9.69%
1/30/2023DZ Bank
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 UpgradeHold ➝ Buy$523.00+13.79%
1/6/2023Vertical Research
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 DowngradeBuy ➝ Hold$491.00+2.92%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 12:24 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 Wednesday, December 4, 2024. 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.:

  • Lockheed Martin Co. has recently been upgraded to a "strong-buy" rating by Melius Research, indicating strong confidence in the stock's potential for growth.
  • The current stock price is $529.41, which is significantly lower than the average price target of $611.00 set by analysts, suggesting potential for price appreciation.
  • The company has a solid dividend yield of 2.49%, with a recent increase in its quarterly dividend from $3.15 to $3.30 per share, providing a reliable income stream for investors.
  • Lockheed Martin Co. reported a strong earnings per share (EPS) of $6.84, exceeding analysts' expectations, which reflects the company's robust financial health and operational efficiency.
  • With a market capitalization of approximately $125.49 billion, Lockheed Martin Co. is a stable investment in the aerospace and defense sector, which is often less volatile compared to other industries.

Lockheed Martin
Bear Case

red Wall Street bear icon

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

  • Despite recent upgrades, one analyst has issued a sell rating, indicating that there are differing opinions on the stock's future performance.
  • The company has a relatively high debt-to-equity ratio of 2.66, which may pose risks in terms of financial leverage and the ability to manage debt obligations effectively.
  • Lockheed Martin Co. has faced challenges in meeting revenue expectations, reporting $17.10 billion against an anticipated $17.38 billion, which could raise concerns about future growth prospects.
  • The stock has a price-to-earnings (P/E) ratio of 19.17, which, while not excessively high, may suggest that the stock is fully valued compared to its earnings, limiting upside potential.
  • Market volatility and geopolitical factors can significantly impact defense contractors like Lockheed Martin Co., introducing uncertainty into the investment landscape.

LMT Forecast - Frequently Asked Questions

According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Lockheed Martin is $612.29, with a high forecast of $704.00 and a low forecast of $377.00.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last year. There is currently 1 sell rating, 4 hold ratings, 8 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" LMT shares.

According to analysts, Lockheed Martin's stock has a predicted upside of 23.27% based on their 12-month stock forecasts.

Over the previous 90 days, Lockheed Martin's stock had 1 upgrade by analysts.

Analysts like Lockheed Martin less than other "aerospace" companies. The consensus rating score for Lockheed Martin is 2.64 while the average consensus rating score for "aerospace" companies is 2.64. Learn more on how LMT compares to other companies.


This page (NYSE:LMT) was last updated on 12/12/2024 by MarketBeat.com Staff
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