Lockheed Martin

Lockheed Martin develops and manufactures advanced aerospace, defense, and space systems, including military aircraft, missiles, air defense systems, helicopters, radar technology, and satellites. Its Aeronautics business, particularly the F-35 fighter jet program, is a key area analysts focus on, alongside Missiles and Fire Control and its growing demand for defense systems.

洛克希德·马丁（Lockheed Martin）开发和制造先进的航空航天、国防及太空系统，产品包括军用飞机、导弹、防空系统、直升机、雷达技术和卫星。其航空业务，尤其是 F-35 战斗机项目，是分析师重点关注的领域，导弹与火控业务以及国防系统需求增长也是重要关注点。

Every figure on this page is tipranks’s, read on 2026-10-27 and linked below.

SmartChecker Lockheed Martin Forecast

The forecast in short

tipranks records 15 analyst ratings on Lockheed Martin and summarises them as “Moderate Buy”. Their average 12-month price target is 633.93 (-0.20% Downside). Its tipranks score is 10 out of 10 — Outperform. These are tipranks’s figures as SmartChecker read them on 2026-10-27, not SmartChecker’s own view, and nothing here is advice to buy or sell.

Market cap

USD 146.73 B

≈ Maybank x 5

Share price

USD 635.20

≈ RM 2596.00

#143World ranking

tipranks score

Outperform

10

Analyst ratings

Moderate Buy

  • Buy7 47%
  • Hold7 47%
  • Sell1 7%

tipranks’s own summary of the 15 ratings above.

12 months price forecast

633.93 -0.20% Downside

USD 420.15 USD 571 USD 721.86 USD 872.71Past 12 months 12 months forecast High USD 835 Average USD 633.93 Low USD 4982025-10 2026-10

As tipranks publishes it. SmartChecker has not recalculated any of it.

Analyst profiles. Who made each call, and when.

AnalystFromPositionTarget priceDated
Kristine LiwagMorgan StanleyBuyUSD 8352026-10-26
Seth SeifmanJ.P. MorganHoldUSD 6652026-10-26
Ronald EpsteinBank of America SecuritiesHoldUSD 6202026-10-26
Sheila KahyaogluJefferiesHoldUSD 6152026-10-25
John GodynCitiBuyUSD 7062026-10-23
Anthony ValentiniBarclaysHoldUSD 5602026-10-23
Gavin ParsonsUBSBuyUSD 6922026-10-23
Noah PoponakGoldman SachsSellUSD 4982026-10-22
Kenneth HerbertRBC CapitalHoldUSD 6002026-10-22
Charles MinervinoSusquehannaBuyUSD 7002026-10-22
Douglas HarnedBernsteinHoldUSD 5642026-10-14
Robert StallardVertical ResearchBuyN/A2026-10-14
Gautam KhannaTD CowenHoldUSD 5702026-10-09
Margaret SchooleyRothschild & Co RedburnBuyUSD 6502026-10-06
Kristina RuggeriArgus ResearchBuyN/A2026-07-27
David E. StraussWells FargoHoldUSD 6002026-07-24
Peter ArmentRobert W. BairdBuyUSD 7002026-07-24
Richard SafranSeaport GlobalBuyUSD 7562026-03-22
Robert CzerwenskyDZ BANK AGHoldUSD 6652026-02-03
Michael CiarmoliGuggenheimBuyUSD 6952026-01-30
Myles WaltonWolfe ResearchHoldN/A2026-01-29
Unknown AnalystExane BNP ParibasBuyUSD 5502025-11-18
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Investment Strengths

Record Backlog

The record backlog and 4x book-to-bill ratio provide substantial multi-year revenue visibility across all four segments. Broad demand for aircraft, missiles, naval systems, and space programs supports sustained production, customer relationships, and future cash generation.

Strong Cash Generation

Strong operating and free cash flow give Lockheed Martin capacity to fund research, production expansion, dividends, and strategic investments internally. Although cash conversion softened, the absolute level of generation remains a durable support for execution and financial resilience.

Munitions Growth

The MFC growth framework points to a durable expansion opportunity tied to firm backlog and long-term contract conversion. Rising munitions demand, production investment, and expected mid-teens sales CAGR could diversify growth beyond mature aircraft programs.

People also ask

What is the 12-month price target for Lockheed Martin (LMT)?

tipranks publishes an average 12-month price target of 633.93 (-0.20% Downside), as SmartChecker read it on 2026-10-27. The highest target is USD 835 and the lowest is USD 498. A price target is an analyst’s estimate of where a share might trade, not a promise, and SmartChecker gives no investment advice.

See tipranks’s own page ↗
How many analysts cover Lockheed Martin (LMT)?

tipranks records 15 analyst ratings: 7 buy, 7 hold and 1 sell, which it summarises as “Moderate Buy”, as SmartChecker read it on 2026-10-27.

See tipranks’s own page ↗
What is the tipranks score for Lockheed Martin (LMT)?

tipranks scores it 10 out of 10 and calls that “Outperform”, as SmartChecker read it on 2026-10-27. The score is tipranks’s, not SmartChecker’s, and SmartChecker does not rate listed shares.

See tipranks’s own page ↗
Is this SmartChecker’s own forecast for Lockheed Martin?

No. Every figure on this page is published by tipranks, copied on 2026-10-27 with a link to the original, and not recalculated. SmartChecker assesses financial companies in Malaysia against the public registers; it makes no forecast of its own and holds no licence to advise on securities.

See tipranks’s own page ↗

Member reviews. Members’ own ratings and words, not SmartChecker’s rating.

These ratings and words are written by SmartChecker members and published immediately without administrator approval. SmartChecker does not rate listed companies: a rating here belongs to whoever wrote it, it counts towards no score of ours, and nothing in it is advice.

Disclaimer

SmartChecker provides informational and financial market news only and does not provide investment, financial or legal advice.

tipranks — Lockheed Martin (LMT)