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Lockheed Martin Corp (LMT)
NYSE:LMT

Lockheed Martin (LMT) Price & Analysis

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14,219 Followers

LMT Stock Chart & Stats

$623.58
$1.98(0.43%)
At close: 4:00 PM EST
$623.58
$1.98(0.43%)

Bulls Say, Bears Say

Bulls Say
Cash Flow StrengthStrong free cash flow generation driven by operational execution and strategic pension pre-funding enhances financial flexibility to support reinvestment or strategic transactions.
Government ContractsMulti-year framework agreements with the U.S. government are poised to expand missile production capacity and provide clearer long-term demand visibility that supports supply-chain alignment and capacity investments.
Market Position & MonetizationDominant positions in missile and missile-defense markets create opportunities for margin expansion and potential monetization of high-margin businesses that could unlock shareholder value.
Bears Say
Contract Certainty & Capital AllocationFramework agreements are not yet formal contracts and require approvals, and policy emphasis on contractor capital spending creates uncertainty around the continuation of share buybacks and dividend payouts.
Execution RiskRecent program charges and write-downs highlight execution and risk-management weaknesses that could pressure future earnings until program performance is demonstrably improved.
Pension Funding PressureLarge pension funding obligations can constrain free cash flow and divert cash from dividends or buybacks, increasing investor concern about cash generation.

Lockheed Martin News

LMT FAQ

What was Lockheed Martin Corp’s price range in the past 12 months?
Lockheed Martin Corp lowest stock price was $410.11 and its highest was $646.59 in the past 12 months.
    What is Lockheed Martin Corp’s market cap?
    Lockheed Martin Corp’s market cap is $143.47B.
      When is Lockheed Martin Corp’s upcoming earnings report date?
      Lockheed Martin Corp’s upcoming earnings report date is Apr 21, 2026 which is in 70 days.
        How were Lockheed Martin Corp’s earnings last quarter?
        Lockheed Martin Corp released its earnings results on Jan 29, 2026. The company reported $5.8 earnings per share for the quarter, missing the consensus estimate of $5.814 by -$0.014.
          Is Lockheed Martin Corp overvalued?
          According to Wall Street analysts Lockheed Martin Corp’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
            Does Lockheed Martin Corp pay dividends?
            Lockheed Martin Corp pays a Quarterly dividend of $3.45 which represents an annual dividend yield of 2.77%. See more information on Lockheed Martin Corp dividends here
              What is Lockheed Martin Corp’s EPS estimate?
              Lockheed Martin Corp’s EPS estimate is 6.88.
                How many shares outstanding does Lockheed Martin Corp have?
                Lockheed Martin Corp has 230,080,250 shares outstanding.
                  What happened to Lockheed Martin Corp’s price movement after its last earnings report?
                  Lockheed Martin Corp reported an EPS of $5.8 in its last earnings report, missing expectations of $5.814. Following the earnings report the stock price went up 4.226%.
                    Which hedge fund is a major shareholder of Lockheed Martin Corp?
                    Currently, no hedge funds are holding shares in LMT
                    What is the TipRanks Smart Score and how is it calculated?
                    Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                      Company Description

                      Lockheed Martin Corp

                      Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive missile systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground-based systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.

                      Lockheed Martin (LMT) Earnings & Revenues

                      LMT Company Deck

                      LMT Earnings Call

                      Q4 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call emphasized strong commercial momentum: record backlog ($194B), multi-percent revenue growth (full-year +6%, Q4 +9%), robust free cash flow ($6.9B), large production ramps and multiyear framework agreements (PAC-3 and THAAD) that materially expand missile capacity, and a bullish 2026 outlook (sales ~+5% and segment profit +25%+). Key positives include significant investments in capacity and R&D, record program deliveries, and attractive long-term demand visibility. Offsetting items include a modest decline in EPS (‑4%), meaningful program-related profitability hits in Aeronautics and RMS (FY operating profit down 17% and 31%, respectively), pension-related noncash charges and future pension funding requirements, and some near-term margin volatility from program timing. Overall, the positive operational and backlog-driven outlook and strong cash generation outweigh the near-term headwinds and one-time charges.View all LMT earnings summaries

                      LMT Revenue Breakdown

                      83.49%83.49%16.51%
                      83.49% Products
                      16.51% Services
                      tipranks

                      LMT Stock 12 Month Forecast

                      Average Price Target

                      $636.73
                      ▲(2.11% Upside)
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<span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 21,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 19, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":437.47,"date":1740787200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 17,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 21, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":439.01,"date":1743465600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n       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style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":488.17,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 10,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 12, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":439.19,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 14,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 23, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 1</span>\n      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                      Ownership Overview

                      0.06%16.34%0.30%60.25%
                      0.30% Other Institutional Investors
                      60.25% Public Companies and Individual Investors
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