Lockheed Martin (NYSE:LMT) Price Target Raised to $640.00

Lockheed Martin (NYSE:LMT) had its price objective upped by Robert W. Baird from $550.00 to $640.00 in a research note issued to investors on Friday,MarketScreener reports. Robert W. Baird currently has an outperform rating on the aerospace company’s stock.

Several other equities analysts have also weighed in on the stock. Susquehanna reiterated a “positive” rating and set a $660.00 price objective on shares of Lockheed Martin in a report on Thursday. The Goldman Sachs Group boosted their target price on Lockheed Martin from $398.00 to $425.00 and gave the company a “sell” rating in a research report on Friday, October 10th. Truist Financial set a $605.00 price target on Lockheed Martin and gave the stock a “buy” rating in a report on Friday, January 9th. Citigroup boosted their price objective on Lockheed Martin from $505.00 to $592.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Finally, BNP Paribas raised shares of Lockheed Martin to a “strong-buy” rating in a research report on Tuesday, November 18th. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $543.82.

Lockheed Martin Price Performance

Lockheed Martin stock opened at $581.62 on Friday. The stock has a market capitalization of $134.59 billion, a price-to-earnings ratio of 32.47, a PEG ratio of 1.66 and a beta of 0.24. Lockheed Martin has a 52-week low of $410.11 and a 52-week high of $582.93. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. The stock’s 50 day moving average price is $483.17 and its two-hundred day moving average price is $471.88.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share for the quarter, beating the consensus estimate of $6.33 by $0.62. The company had revenue of $18.61 billion during the quarter, compared to analyst estimates of $18.45 billion. Lockheed Martin had a net margin of 5.73% and a return on equity of 111.84%. Lockheed Martin’s revenue for the quarter was up 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.84 EPS. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS. On average, equities analysts predict that Lockheed Martin will post 27.15 earnings per share for the current year.

Insiders Place Their Bets

In other Lockheed Martin news, COO John Frank A. St sold 7,792 shares of Lockheed Martin stock in a transaction on Thursday, October 23rd. The shares were sold at an average price of $491.04, for a total transaction of $3,826,183.68. Following the transaction, the chief operating officer directly owned 1 shares of the company’s stock, valued at $491.04. The trade was a 99.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.14% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in LMT. Vanguard Group Inc. lifted its position in shares of Lockheed Martin by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 21,697,527 shares of the aerospace company’s stock worth $10,048,993,000 after buying an additional 214,565 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Lockheed Martin by 0.4% during the second quarter. Geode Capital Management LLC now owns 4,884,954 shares of the aerospace company’s stock valued at $2,256,147,000 after acquiring an additional 19,459 shares during the last quarter. Wellington Management Group LLP increased its position in shares of Lockheed Martin by 3.4% during the third quarter. Wellington Management Group LLP now owns 2,384,753 shares of the aerospace company’s stock valued at $1,190,493,000 after acquiring an additional 79,491 shares during the last quarter. Invesco Ltd. lifted its holdings in Lockheed Martin by 4.2% during the third quarter. Invesco Ltd. now owns 2,196,058 shares of the aerospace company’s stock worth $1,096,294,000 after acquiring an additional 87,663 shares during the period. Finally, Legal & General Group Plc boosted its position in Lockheed Martin by 6.6% in the third quarter. Legal & General Group Plc now owns 1,022,940 shares of the aerospace company’s stock worth $510,662,000 after purchasing an additional 63,430 shares during the last quarter. 74.19% of the stock is owned by institutional investors.

Key Headlines Impacting Lockheed Martin

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Analyst price-target lift — TD Cowen raised its price target to $600 (maintained a Hold), signaling incremental analyst conviction and giving investors a higher reference for upside. TD Cowen Adjusts Price Target on Lockheed Martin
• Positive Sentiment: Defense-sector bullish narrative — MarketBeat’s “2026 Survival Kit” highlights Lockheed as a core defense holding tied to a large proposed FY2027 defense budget and recent contract wins (e.g., PAC-3 MSE missile awards). That narrative supports demand for LMT as a defensive, revenue-stable name. The 2026 Survival Kit: Gold, Defense, and Trash
• Positive Sentiment: Momentum/technical interest — Retail/quant outlets flagged a rise in LMT’s relative strength (RS) rating, which can attract momentum and ETF flows. Lockheed Martin Stock Sees RS Rating Rocket Higher
• Neutral Sentiment: Mixed Zacks estimate revisions — Zacks issued several updates: it lowered near-term quarterly EPS for some early quarters (Q1 2026 and Q1 2027) while raising other quarterly or full-year forecasts (FY2026, some Q4/Q4 2026 estimates). The net effect is mixed — slightly cautionary for short-term guidance but not a consensus downward revision for full-year earnings. Zacks Research LMT Estimate Updates
• Neutral Sentiment: Longer-term tech/ops focus — The WSJ piece on Lockheed’s CIO highlights AI and centralization of tech strategy; this supports longer-term efficiency and modernization but is unlikely to move near-term earnings materially. Lockheed Martin CIO Says AI Is Remaking Her Role
• Positive Sentiment: Project-specific bullishness — Commentary (Seeking Alpha) arguing that strategic programs like the “Golden Dome” are now critical may drive investor focus on backlog and program optionality, supporting the bullish case for sustained defense revenues. Lockheed Martin: Why The Golden Dome Project Is Now Critical For The Stock
• Negative Sentiment: Technical/short-term risk — Benzinga’s technical note flags LMT as overbought and approaching resistance, suggesting a momentum-driven pullback is possible even as fundamentals remain strong. Traders may take profits near recent highs. Is This The Top For Lockheed Martin?

About Lockheed Martin

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.