In a report released yesterday, Ronald Epstein from Bank of America Securities maintained a Hold rating on Lockheed Martin, with a price target of $495.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ronald Epstein has given his Hold rating due to a combination of factors affecting Lockheed Martin’s financial performance. The company reported a significant earnings per share (EPS) miss in the second quarter of 2025, largely due to $1.6 billion in charges across various programs. These charges included substantial impacts from the classified Aeronautics program and the Canadian Maritime Helicopter Program, among others, which collectively reduced EPS by $5.83 for the quarter.
Despite these setbacks, Lockheed Martin maintained its full-year 2025 sales and free cash flow outlook, suggesting some stability in its overall financial projections. However, the mixed performance across its divisions, with some areas like Space Systems outperforming expectations while others like Aeronautics and Rotary & Mission Systems underperformed, contributed to the Hold rating. The market reaction to these results is expected to be mixed, reflecting the challenges and uncertainties facing the company.
In another report released today, TD Cowen also maintained a Hold rating on the stock with a $420.00 price target.
LMT’s price has also changed moderately for the past six months – from $499.340 to $410.740, which is a -17.74% drop .