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

NYSE:LMT • US5398301094

627.43 USD

-10.08 (-1.58%)

At close: Mar 20, 2026

625 USD

-2.43 (-0.39%)

After Hours: 3/20/2026, 8:06:12 PM

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).

Consensus Price Target

Price Target

$670.90

+ 6.93% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: Apr 20, 2026
Period: Q1 / 2026
EPS Estimate: $6.93
Revenue Estimate: 18.696B

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

70.00%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

$670.90

Upside

+ 6.93%

From current price of $627.43 to mean target of $670.90, Based on 28 analyst forecasts

Low

$522.17

Median

$676.77

High

$777.00

Price Target Revisions

1 Month

5.67%

3 Months

23.13%

Price Target Summary

28 Wall Street analysts provided a forecast for the next 12 months for LMT. The average price target is 670.9 USD. This implies a price increase of 6.93% is expected in the next year compared to the current price of 627.43.

The average price target has been revised upward by 23.13% in the past 3 months.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

70.00%

LMT was analyzed by 28 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 28 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

Date	Firm	Action	From → To
2026-03-18	Susquehanna	Maintains	Positive -> Positive
2026-02-05	Citigroup	Maintains	Neutral -> Neutral
2026-02-02	UBS	Maintains	Neutral -> Neutral
2026-02-02	Goldman Sachs	Maintains	Sell -> Sell
2026-02-02	Jefferies	Maintains	Hold -> Hold
2026-01-30	TD Cowen	Maintains	Hold -> Hold
2026-01-30	RBC Capital	Maintains	Sector Perform -> Sector Perform
2026-01-15	UBS	Maintains	Neutral -> Neutral
2026-01-13	Citigroup	Maintains	Neutral -> Neutral
2026-01-12	Jefferies	Maintains	Hold -> Hold
2026-01-09	Truist Securities	Upgrade	Hold -> Buy
2025-12-19	JP Morgan	Downgrade	Overweight -> Neutral
2025-12-16	Morgan Stanley	Downgrade	Overweight -> Equal-Weight
2025-12-12	Citigroup	Initiate	Neutral
2025-10-22	UBS	Maintains	Neutral -> Neutral
2025-10-20	Bernstein	Maintains	Market Perform -> Market Perform
2025-10-15	Truist Securities	Maintains	Hold -> Hold
2025-10-15	Morgan Stanley	Maintains	Overweight -> Overweight
2025-10-09	Susquehanna	Maintains	Positive -> Positive
2025-10-06	Baird	Maintains	Outperform -> Outperform
2025-08-21	B of A Securities	Maintains	Neutral -> Neutral
2025-07-23	UBS	Maintains	Neutral -> Neutral
2025-07-23	RBC Capital	Maintains	Sector Perform -> Sector Perform
2025-07-23	Susquehanna	Maintains	Positive -> Positive
2025-07-23	Truist Securities	Downgrade	Buy -> Hold

Next Earnings Forecast Details

Next Earnings Details

Release Date: Apr 20, 2026
Period: Q1 / 2026
EPS Estimate: $6.93
Revenue Estimate: 18.696B
Revenue Q2Q: 4.08%
EPS Q2Q: -4.86%
Number of Analysts: 20

Next Earnings Revisions

Revenue (1 Month)

0.00%

Revenue (3 Months)

-0.85%

EPS (1 Month)

0.00%

EPS (3 Months)

-1.84%

Next Earnings Summary

LMT is expected to report earnings on 4/20/2026. The consensus EPS estimate for the next earnings is 6.93 USD and the consensus revenue estimate is 18.70B USD.

The next earnings revenue estimate has been revised downward by 0.85% in the past 3 months.

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

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

	2023	2024	2025	2026	2027	2028	2029	2030
Revenue YoY % growth	67.571B 2.41%	71.043B 5.14%	75.048B 5.64%	79.915B 6.49%	83.814B 4.88%	87.392B 4.27%	87.45B 0.07%	89.289B 2.10%
EBITDA YoY % growth	9.989B 2.58%	8.603B -13.88%	9.456B 9.92%	11.405B 20.61%	11.859B 3.98%	12.341B 4.06%	13.412B 8.68%	14.334B 6.87%
EBIT YoY % growth	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	12.67%	9.92%	10.35%	12.13%	12.08%	12.08%	12.29%	12.80%
EPS YoY % growth	27.85 28.28%	27.71 -0.50%	28.95 4.47%	30.19 4.27%	32.28 6.95%	34.24 6.05%	36.76 7.37%	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
EPS Q2Q % growth	6.93 -4.86%	7.27 -0.34%	7.46 7.35%	8.06 8.49%	7.43 7.25%	7.62 4.82%	7.96 6.74%	8.64 7.13%
Revenue Q2Q % growth	18.696B 4.08%	19.417B 6.95%	19.697B 5.85%	20.75B 2.11%	19.947B 6.69%	20.018B 3.10%	20.49B 4.03%	21.747B 4.80%
EBITDA Q2Q % growth	2.673B -3.47%	2.794B 73.54%	2.799B -20.12%	2.995B -24.94%	2.828B 5.80%	2.868B 2.65%	2.972B 6.18%	3.158B 5.44%
EBIT Q2Q % growth	2.287B -3.58%	2.375B 191.77%	2.405B 5.48%	2.578B 11.94%	2.374B 3.80%	2.412B 1.56%	2.506B 4.20%	2.663B 3.30%

All data in USD

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

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year

5.75%

EPS Next 5 Year

6.77%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

5.08%

Revenue Next 5 Year

3.46%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

16.97%

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)?

28 analysts have analysed LMT and the average price target is 670.9 USD. This implies a price increase of 6.93% is expected in the next year compared to the current price of 627.43.

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

LOCKHEED MARTIN CORP (LMT) will report earnings on 2026-04-20, before the market open.

Can you provide the consensus estimates for LOCKHEED MARTIN CORP next earnings?

The consensus EPS estimate for the next earnings of LOCKHEED MARTIN CORP (LMT) is 6.93 USD and the consensus revenue estimate is 18.70B USD.

What is the number of analysts for LMT stock?

The number of analysts covering LOCKHEED MARTIN CORP (LMT) is 28.

Analyst forecast overview

Forecast Snapshot