Lockheed Martin (NYSE:LMT) Trading 1.9% Higher on Analyst Upgrade

Shares of Lockheed Martin Corporation (NYSE:LMT) were up 1.9% during mid-day trading on Friday after Wall Street Zen upgraded the stock from a buy rating to a strong-buy rating. The stock traded as high as $641.19 and last traded at $634.3120. Approximately 2,095,059 shares changed hands during trading, a decline of 7% from the average daily volume of 2,257,709 shares. The stock had previously closed at $622.51.

A number of other equities analysts have also recently weighed in on LMT. Citigroup upped their price target on Lockheed Martin from $505.00 to $592.00 and gave the stock a “neutral” rating in a report on Tuesday, January 13th. Robert W. Baird upped their target price on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a research note on Friday, January 16th. Sanford C. Bernstein reiterated a “market perform” rating and set a $586.00 target price on shares of Lockheed Martin in a research report on Monday, January 12th. Susquehanna reissued a “positive” rating and issued a $660.00 price target on shares of Lockheed Martin in a research note on Thursday, January 15th. Finally, BNP Paribas Exane upped their price objective on shares of Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Five equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $577.29.

More Lockheed Martin News

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

• Positive Sentiment: Company outlook and defense demand — Lockheed gave an upbeat 2026 profit/revenue outlook and cited strong fighter-jet and missile demand alongside a record backlog that supports multi‑year revenue visibility. Reuters: Lockheed Martin forecasts upbeat 2026 profit, revenue
• Positive Sentiment: THAAD and production ramp — Lockheed signed a framework to quadruple THAAD interceptor output (to ~400/year) and will expand munitions capacity, a clear revenue/margin tailwind if sustained. PR Newswire: Lockheed Martin and U.S. Department of War sign framework agreement
• Positive Sentiment: Analyst price-target lifts — Several firms raised targets this morning (Truist to $695, JPMorgan to $680, TD Cowen to $670, RBC to $650), supporting the stock’s upside narrative. MarketScreener: Truist raises price target MarketScreener: JPMorgan raises price target MarketScreener: TD Cowen raises price target MarketScreener: RBC raises price target
• Neutral Sentiment: Q4 results were mixed — revenue and cash flow were strong and backlog is record‑high, but reported EPS comparisons and some measure revisions caused mixed headlines; investors are weighing growth vs. margin/earnings trajectory. PR Newswire: Q4 and FY2025 results
• Neutral Sentiment: FY2026 guidance: narrow differences vs. consensus — management issued EPS guidance of 29.35–30.25 and revenue guidance roughly $77.5B–$80.0B, close to Street expectations but leaving little margin for surprise; this reduces forecast risk but limits upside if growth slows. Reuters: Guidance details
• Negative Sentiment: Some analyst caution remains — Deutsche Bank raised its target but still implies a modest downside versus current levels, showing not all brokers see large incremental upside. MarketScreener: Deutsche Bank raises target but below current price
• Negative Sentiment: Insider selling flagged — recent disclosed insider sales (no purchases) could be read as minor negative signal for sentiment or liquidity needs. QuiverQuant: Q4 earnings and insider activity

Institutional Investors Weigh In On Lockheed Martin

A number of hedge funds have recently modified their holdings of LMT. United Financial Planning Group LLC purchased a new position in Lockheed Martin in the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC increased its holdings in shares of Lockheed Martin by 285.7% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 40 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Lockheed Martin in the third quarter valued at approximately $27,000. Mid American Wealth Advisory Group Inc. purchased a new position in Lockheed Martin during the second quarter worth approximately $28,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Lockheed Martin during the second quarter worth $29,000. 74.19% of the stock is currently owned by institutional investors and hedge funds.

Lockheed Martin Price Performance

The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.97. The stock has a 50 day simple moving average of $509.69 and a two-hundred day simple moving average of $480.88. The company has a market cap of $146.78 billion, a price-to-earnings ratio of 29.52, a price-to-earnings-growth ratio of 1.78 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The company had revenue of $20.32 billion for the quarter, compared to analysts’ expectations of $19.84 billion. During the same quarter in the prior year, the firm earned $7.67 EPS. The firm’s revenue was up 9.1% on a year-over-year basis. On average, equities research analysts predict that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Company Profile

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.