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Lockheed Martin Corporation

LMTNYSEIndustrialsAerospace & Defense

$604.18Today:- (-)1Y +20.87%

As of Oct 23, 2026 close

Market cap
$139.63B
P/E (TTM)
22.21
Forward P/E
14.54
Dividend yield
2.34%
52-week range
$437.25$692.00
Volume (live)
-
Avg. volume (3M)
1.25M

Lockheed Martin Corporation (LMT) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for Lockheed Martin Corporation stock.

Analyst Consensus Rating

Investment consensus from 21 professional research analysts

Consensus Rating

Buy
Based on 21 unique analysts
(36 total ratings in last 90 days)
Very High Confidence11.0:1 Buy/Sell

Average Price Target

$614.57
+1.72% upside

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Strong Sell
Sell
Hold
Buy
Strong Buy

Latest LMT Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Charles Minervino
Susquehanna
BuyMaintains
$700.00
Noah Poponak
Goldman Sachs
SellMaintains
$486.00 → $498.00
Anthony Valentini
Barclays
HoldMaintains
$554.00 → $560.00
Ronald Epstein
BofA Securities
HoldMaintains
$600.00
Gavin Parsons
UBS
BuyReiterates
$653.00 → $692.00
John Godyn
Citi
BuyReiterates
$691.00 → $706.00
Kenneth Herbert
RBC Capital
HoldMaintains
$550.00 → $600.00
Kristine Liwag
Morgan Stanley
HoldMaintains
$690.00
Noah Poponak
Goldman Sachs
SellMaintains
$486.00 → $498.00
Ronald Epstein
BofA Securities
HoldMaintains
$600.00
Zacks Equity Research
Zacks Equity Research
HoldInitiates Coverage
-
Kenneth Herbert
RBC Capital
HoldMaintains
$550.00 → $600.00
Kristine Liwag
Morgan Stanley
HoldMaintains
$690.00
Robert Stallard
Vertical Research
BuyDowngrades
-
Douglas Harned
Bernstein
HoldMaintains
$629.00 → $564.00
Pulkit Chamria
Zacks Equity Research
BuyInitiates Coverage
-
Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
-
Gautam Khanna
TD Cowen
HoldMaintains
$600.00 → $570.00
Tanvi Sarawagi
Zacks Equity Research
BuyInitiates Coverage
-
Unknown Analyst
Barclays
HoldInitiates
$554.00
John Godyn
Citi
BuyMaintains
$691.00
Charles Minervino
Susquehanna
BuyMaintains
$700.00
John Godyn
Citi
BuyMaintains
$691.00
Margaret Schooley
Rothschild & Co Redburn
BuyInitiates
$650.00
Pulkit Chamria
Zacks Equity Research
BuyInitiates Coverage
-
Zacks Equity Research
Zacks Equity Research
BuyInitiates Coverage
-
Pulkit Chamria
Zacks Equity Research
BuyInitiates Coverage
-
Gavin Parsons
UBS
BuyMaintains
$653.00
Unknown Analyst
oxcap
BuyInitiates
$600.00
Tanvi Sarawagi
Zacks Equity Research
BuyInitiates Coverage
-
Aparajita Dutta
Zacks Equity Research
BuyInitiates Coverage
-
Nauman Khan
InvestorPlace
BuyInitiates Coverage
-
Adarsh Jaiswal
Zacks Equity Research
BuyInitiates Coverage
-
John Godyn
Citi
BuyMaintains
$641.00 → $691.00
Seth Seifman
JP Morgan
HoldMaintains
$605.00 → $620.00
Seth Seifman
JP Morgan
HoldMaintains
$605.00 → $620.00

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Oct 23, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for LMT?

The analyst consensus rating for LMT is Buy, based on the latest ratings from 21 analysts over the last 90 days.

What is the average price target for LMT?

The average 12-month price target for LMT is $614.57, representing an upside of 1.7% from the Oct 23, 2026 close of $604.18.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.