LOCKHEED MARTIN CORP (LMT) Forecast, Price Target & Analyst Ratings

NYSE:LMT • US5398301094

Current stock price

592.19 USD
-15.3 (-2.52%)
At close:
592 USD
-0.19 (-0.03%)
Pre-Market:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for LOCKHEED MARTIN CORP (LMT).

Forecast Snapshot

Consensus Price Target

Price Target
$679.77
+ 14.79% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 23, 2026
Period
Q1 / 2026
EPS Estimate
$6.78
Revenue Estimate
18.447B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
69.66%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$679.77
Upside
+ 14.79%
From current price of $592.19 to mean target of $679.77, Based on 29 analyst forecasts
Low
$522.17
Median
$678.30
High
$808.50

Price Target Revisions

1 Month
1.32%
3 Months
24.14%

Price Target Summary

29 Wall Street analysts provided a forecast for the next 12 months for LMT. The average price target is 679.77 USD. This implies a price increase of 14.79% is expected in the next year compared to the current price of 592.19.
The average price target has been revised upward by 24.14% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

LMT Current Analyst RatingLMT Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 5 10 15

Analyst Ratings History

LMT Historical Analyst RatingsLMT Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20 25

Analyst Ratings Consensus

ChartMill Buy Consensus
69.66%
LMT was analyzed by 29 analysts. The buy percentage consensus is at 70. So analysts seem to be have mildly positive about LMT.
In the previous month the buy percentage consensus was at a similar level.
LMT was analyzed by 29 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-04-07JefferiesMaintains Hold -> Hold
2026-04-02CitigroupMaintains Neutral -> Neutral
2026-04-01Wells FargoInitiate Equal-Weight
2026-03-18SusquehannaMaintains Positive -> Positive
2026-02-05CitigroupMaintains Neutral -> Neutral
2026-02-02UBSMaintains Neutral -> Neutral
2026-02-02Goldman SachsMaintains Sell -> Sell
2026-02-02JefferiesMaintains Hold -> Hold
2026-01-30TD CowenMaintains Hold -> Hold
2026-01-30RBC CapitalMaintains Sector Perform -> Sector Perform
2026-01-15UBSMaintains Neutral -> Neutral
2026-01-13CitigroupMaintains Neutral -> Neutral
2026-01-12JefferiesMaintains Hold -> Hold
2026-01-09Truist SecuritiesUpgrade Hold -> Buy
2025-12-19JP MorganDowngrade Overweight -> Neutral
2025-12-16Morgan StanleyDowngrade Overweight -> Equal-Weight
2025-12-12CitigroupInitiate Neutral
2025-10-22UBSMaintains Neutral -> Neutral
2025-10-20BernsteinMaintains Market Perform -> Market Perform
2025-10-15Truist SecuritiesMaintains Hold -> Hold
2025-10-15Morgan StanleyMaintains Overweight -> Overweight
2025-10-09SusquehannaMaintains Positive -> Positive
2025-10-06BairdMaintains Outperform -> Outperform
2025-08-21B of A SecuritiesMaintains Neutral -> Neutral
2025-07-23UBSMaintains Neutral -> Neutral

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 23, 2026
Period
Q1 / 2026
EPS Estimate
$6.78
Revenue Estimate
18.447B
Revenue Q2Q
2.69%
EPS Q2Q
-6.85%
Number of Analysts
21

Next Earnings Revisions

Revenue (1 Month)
-1.33%
Revenue (3 Months)
-2.28%
EPS (1 Month)
-2.10%
EPS (3 Months)
-3.71%

Next Earnings Summary

LMT is expected to report earnings on 4/23/2026. The consensus EPS estimate for the next earnings is 6.78 USD and the consensus revenue estimate is 18.45B USD.
The next earnings revenue estimate has been revised downward by 2.28% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
LMT revenue by date.LMT revenue by date.
67.571B
2.41%		71.043B
5.14%		75.048B
5.64%		79.96B
6.55%		84.015B
5.07%		87.865B
4.58%		87.45B
-0.47%		89.289B
2.10%
EBITDA
YoY % growth
LMT ebitda by date.LMT ebitda by date.
9.989B
2.58%		8.603B
-13.88%		9.456B
9.92%		11.415B
20.72%		11.871B
3.99%		12.344B
3.98%		13.412B
8.65%		14.334B
6.87%
EBIT
YoY % growth
LMT ebit by date.LMT ebit by date.
8.559B
2.70%		7.044B
-17.70%		7.769B
10.29%		9.691B
24.74%		10.121B
4.44%		10.557B
4.31%		10.744B
1.77%		11.431B
6.39%
Operating Margin
LMT operating margin by date.LMT operating margin by date.
12.67%9.92%10.35%12.12%12.05%12.02%12.29%12.80%
EPS
YoY % growth
LMT eps by date.LMT eps by date.
27.85
28.28%		27.71
-0.50%		28.95
4.47%		30.22
4.38%		32.26
6.77%		34.27
6.23%		36.76
7.26%		40.16
9.26%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		6.78
-6.85%		7.31
0.21%		7.55
8.59%		8.52
14.62%		7.34
8.28%		7.72
5.71%		8.05
6.72%		9.09
6.76%		8.05
9.70%		8.58
11.10%		8.90
10.55%		10.14
11.48%
Revenue
Q2Q % growth		18.447B
2.69%		19.488B
7.34%		19.922B
7.06%		22.048B
8.50%		19.734B
6.98%		20.475B
5.06%		20.877B
4.79%		23.08B
4.68%		20.972B
6.27%		21.767B
6.31%		22.125B
5.98%		24.736B
7.18%
EBITDA
Q2Q % growth		2.659B
-3.97%		2.797B
73.73%		2.863B
-18.29%		3.148B
-21.10%		2.834B
6.58%		2.962B
5.90%		3.04B
6.18%		3.418B
8.58%		2.995B
5.68%		3.143B
6.11%		3.234B
6.38%		3.616B
5.79%
EBIT
Q2Q % growth		2.227B
-6.11%		2.365B
190.54%		2.429B
6.54%		2.69B
16.80%		2.428B
9.03%		2.493B
5.41%		2.59B
6.63%		2.861B
6.36%		2.501B
3.01%		2.63B
5.50%		2.713B
4.75%		3.035B
6.08%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

LMT Yearly Revenue VS EstimatesLMT Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 20B 40B 60B 80B
LMT Yearly EPS VS EstimatesLMT Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10 20 30 40

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
5.79%
EPS Next 5 Year
6.77%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.27%
Revenue Next 5 Year
3.46%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
16.98%
EBIT Next 5 Year
13.20%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

LOCKHEED MARTIN CORP / LMT Forecast FAQ

What do analysts expect the price target to be for LOCKHEED MARTIN CORP (LMT)?

29 analysts have analysed LMT and the average price target is 679.77 USD. This implies a price increase of 14.79% is expected in the next year compared to the current price of 592.19.

Can you provide the upcoming earnings date for LOCKHEED MARTIN CORP?

LOCKHEED MARTIN CORP (LMT) will report earnings on 2026-04-23, before the market open.

What are the consensus estimates for LOCKHEED MARTIN CORP (LMT) next earnings?

The consensus EPS estimate for the next earnings of LOCKHEED MARTIN CORP (LMT) is 6.78 USD and the consensus revenue estimate is 18.45B USD.

How many analysts cover LOCKHEED MARTIN CORP (LMT) stock?

The number of analysts covering LOCKHEED MARTIN CORP (LMT) is 29.