Lockheed Martin (LMT) Stock Forecast & Price Target

$505.11 -2.65 (-0.52%)

Closing price 10/10/2025 03:59 PM Eastern

Extended Trading

$507.00 +1.89 (+0.37%)

As of 10/10/2025 07:59 PM Eastern

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Lockheed Martin - Analysts' Recommendations and Stock Price Forecast (2025)

Consensus Rating

Hold

Based on 23 Analyst Ratings

Sell
1

Hold
15

Buy
7

Based on 23 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 23 analysts, 1 has given a sell rating, 15 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for LMT.

Consensus Price Target

$503.53
-0.31% Downside

According to the 23 analysts' twelve-month price targets for Lockheed Martin, the average price target is $503.53. The highest price target for LMT is $600.00, while the lowest price target for LMT is $425.00. The average price target represents a forecasted downside of -0.31% from the current price of $505.11.

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.

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LMT Analyst Ratings Over Time

Type	Current Forecast 10/12/24 to 10/12/25	1 Month Ago 9/12/24 to 9/12/25	3 Months Ago 7/14/24 to 7/14/25	1 Year Ago 10/13/23 to 10/12/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	2 Strong Buy rating(s)
Buy	6 Buy rating(s)	6 Buy rating(s)	6 Buy rating(s)	7 Buy rating(s)
Hold	15 Hold rating(s)	14 Hold rating(s)	11 Hold rating(s)	4 Hold rating(s)
Sell	1 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$503.53	$494.00	$531.47	$581.77
Forecasted Upside	-0.31% Downside	4.86% Upside	12.20% Upside	-3.71% Downside
Consensus Rating	Hold	Hold	Hold	Moderate Buy

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.

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.

Lockheed Martin Stock vs. The Competition

Type	Lockheed Martin	Aerospace Companies	S&P 500
Consensus Rating Score	2.36	2.47	2.52
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	-0.39% Downside	17.38% Upside	177.76% Upside
News Sentiment Rating	Positive News See Recent LMT News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst	Action	Rating	Price Target	Report Date Upside/Downside
10/10/2025	The Goldman Sachs Group 3 of 5 stars		Boost Target	Sell	$398.00 ➝ $425.00	-15.86%
10/9/2025	Susquehanna 3 of 5 stars	Charles Minervino Not Rated	Boost Target	Positive	$490.00 ➝ $590.00	+14.79%
10/8/2025	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Set Target	Hold	$519.00	+1.51%
10/8/2025	Weiss Ratings Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Reiterated Rating	Hold (C)
10/7/2025	Royal Bank Of Canada Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ken Herbert Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Sector Perform	$440.00 ➝ $525.00	+3.94%
10/6/2025	Robert W. Baird Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Peter Arment Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Boost Target	Outperform	$500.00 ➝ $550.00	+8.98%
8/28/2025	Alembic Global Advisors Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Neutral ➝ Overweight
8/21/2025	Bank of America Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Ronald Epstein Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$495.00 ➝ $480.00	+7.52%
7/23/2025	UBS Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gavin Parsons Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Neutral	$498.00 ➝ $453.00	+8.03%
7/23/2025	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Seth Seifman Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Overweight	$520.00 ➝ $465.00	+11.35%
Get the Latest News and Ratings for LMT and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Lockheed Martin and its competitors with MarketBeat's FREE daily newsletter.
7/23/2025	Truist Financial Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Michael Ciarmoli Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Buy ➝ Hold	$554.00 ➝ $440.00	+7.17%
7/22/2025	Vertical Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Robert Stallard Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Hold	$460.00	+9.16%
7/14/2025	Sanford C. Bernstein Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Douglas Harned Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Set Target	Market Perform	$551.00	+16.33%
7/10/2025	Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
7/10/2025	TD Cowen Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Gautam Khanna Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Reiterated Rating	Buy ➝ Hold	$500.00 ➝ $480.00	+3.54%
4/28/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Hold	$510.00 ➝ $500.00	+6.14%
4/23/2025	Baird R W Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	P. Arment Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
4/16/2025	Morgan Stanley Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Upgrade	Equal Weight ➝ Overweight	$575.00	+22.43%
4/8/2025	Wells Fargo & Company Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Matthew Akers Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Equal Weight	$476.00 ➝ $432.00	-2.16%
3/24/2025	Melius Research Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	R. Spingarn Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
3/24/2025	Melius Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Downgrade	Buy ➝ Hold
1/21/2025	Citigroup Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating	Jason Gursky Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating	Lower Target	Buy	$700.00 ➝ $600.00	+18.91%
1/6/2025	Barclays Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating		Lower Target	Equal Weight	$565.00 ➝ $515.00	+9.26%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:28 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 Saturday, October 11, 2025. Please send any questions or comments about these Lockheed Martin pros and cons to contact@marketbeat.com.

Lockheed Martin
Bull Case

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

The current stock price is around $514, which reflects a stable position in the market and potential for growth.
Lockheed Martin Co. reported a strong quarterly earnings per share (EPS) of $7.29, exceeding analysts' expectations, indicating robust financial performance.
The company has a high return on equity of 107.60%, suggesting effective management and profitability relative to shareholder equity.
Lockheed Martin Co. has a market capitalization of approximately $120 billion, which signifies its substantial size and influence in the aerospace and defense sector.
With a consensus rating of "Hold" and a target price averaging around $496.88, analysts see potential for stable returns, making it a relatively safe investment.

Lockheed Martin
Bear Case

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

The company has a high debt-to-equity ratio of 3.47, which may indicate financial risk and reliance on debt financing.
Recent downgrades from multiple financial analysts, including a reduction in target prices, suggest a cautious outlook on the stock's future performance.
Lockheed Martin Co. reported quarterly revenue of $18.16 billion, which was below analysts' expectations, indicating potential challenges in meeting growth targets.
The stock has shown limited price movement recently, which may indicate a lack of momentum for significant gains in the near term.
With a beta of 0.28, the stock is less volatile than the market, which may limit potential high returns for aggressive investors.

LMT Forecast - Frequently Asked Questions

: According to the research reports of 23 Wall Street equities research analysts, the average twelve-month stock price forecast for Lockheed Martin is $503.53, with a high forecast of $600.00 and a low forecast of $425.00.
: 23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lockheed Martin in the last twelve months. There is currently 1 sell rating, 15 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 downside of -0.31% based on their 12-month stock forecasts.
: Over the previous 90 days, Lockheed Martin's stock had 1 upgrade and 1 downgrade by analysts.
: Lockheed Martin has been rated by research analysts at Alembic Global Advisors, Bank of America, Deutsche Bank Aktiengesellschaft, JPMorgan Chase & Co., Robert W. Baird, Royal Bank Of Canada, Sanford C. Bernstein, Susquehanna, The Goldman Sachs Group, Truist Financial, UBS Group, Vertical Research, and Weiss Ratings in the past 90 days.
: Analysts like Lockheed Martin less than other "aerospace" companies. The consensus rating score for Lockheed Martin is 2.30 while the average consensus rating score for "aerospace" companies is 2.47. Learn more on how LMT compares to other companies.

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This page (NYSE:LMT) was last updated on 10/12/2025 by MarketBeat.com Staff

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Lockheed Martin (LMT) Stock Forecast & Price Target