Lockheed Martin (NYSE:LMT) Stock Price Up 1.9% on Analyst Upgrade

Lockheed Martin Corporation (NYSE:LMT)’s share price was up 1.9% during mid-day trading on Friday after TD Cowen raised their price target on the stock from $600.00 to $670.00. TD Cowen currently has a hold rating on the stock. Lockheed Martin 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.

LMT has been the subject of a number of other research reports. Robert W. Baird upped their price target on Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Wall Street Zen downgraded shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 13th. The Goldman Sachs Group increased their target price on shares of Lockheed Martin from $398.00 to $425.00 and gave the company a “sell” rating in a research note on Friday, October 10th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $586.00 price objective on shares of Lockheed Martin in a research note on Monday, January 12th. Finally, Royal Bank Of Canada upped their price target on shares of Lockheed Martin from $615.00 to $650.00 and gave the stock a “sector perform” rating in a research note on Friday. Five analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Lockheed Martin currently has a consensus rating of “Hold” and a consensus price target of $577.29.

Key Stories Impacting Lockheed Martin

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

• Positive Sentiment: Lockheed signed a framework agreement to quadruple THAAD interceptor production (96 → ~400/year) and will build a Munitions Acceleration Center in Arkansas — a material capacity ramp that supports future revenue and margin upside. Lockheed Martin and U.S. Department of War Sign Framework Agreement to Quadruple THAAD Interceptor Production Capacity
• Positive Sentiment: Company reported a record backlog (~$194B) and gave 2026 revenue/profit guidance that is generally in line with or above consensus — investors view this as confirmation of strong Pentagon demand for fighters and missiles. Lockheed Martin forecasts upbeat 2026 profit, revenue amid rising geopolitical tensions
• Positive Sentiment: Multiple analysts lifted price targets (Truist to $695 with a Buy, JPMorgan to $680, TD Cowen to $670, RBC to $650), providing fresh third‑party valuation support that likely buoyed the stock. Truist boosts price target on Lockheed Martin to $695 from $605 JPMorgan adjusts Lockheed Martin price target to $680 from $515 TD Cowen adjusts Lockheed Martin price target to $670 from $600
• Neutral Sentiment: Q4: revenue beat estimates (~$20.3B) but reported EPS missed some consensus figures (mixed headlines). Market reaction reflects the combination of strong sales/backlog and near-term earnings pressure. Lockheed Martin Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: FY2026 guidance (EPS 29.35–30.25; revenue $77.5B–$80.0B) roughly overlaps consensus — not a material beat but supportive given backlog and defense demand. Lockheed Martin forecasts upbeat 2026 profit, revenue amid rising geopolitical tensions
• Negative Sentiment: One broker (Deutsche Bank) raised its target to $611 but it still sits below the market price — a reminder some analysts remain more cautious on valuation despite the bullish demand backdrop. Deutsche Bank adjusts Lockheed Martin price target to $611 from $492

Institutional Trading of Lockheed Martin

A number of institutional investors have recently modified their holdings of the company. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin in the third quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC grew its position in shares of Lockheed Martin by 285.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in Lockheed Martin in the third quarter valued at about $27,000. Mid American Wealth Advisory Group Inc. acquired a new position in Lockheed Martin during the second quarter valued at approximately $28,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in shares of Lockheed Martin in the 2nd quarter valued at approximately $29,000. 74.19% of the stock is currently owned by institutional investors.

Lockheed Martin Price Performance

The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 3.32. The business has a 50-day moving average of $506.21 and a two-hundred day moving average of $479.69. The firm has a market cap of $146.78 billion, a P/E ratio of 35.42, a price-to-earnings-growth ratio of 1.71 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last issued its quarterly earnings data on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). Lockheed Martin had a return on equity of 111.84% and a net margin of 5.73%.The company had revenue of $20.32 billion for the quarter, compared to the consensus estimate of $19.84 billion. During the same quarter last year, the business earned $7.67 earnings per share. Lockheed Martin’s revenue was up 9.1% compared to the same quarter last year. On average, sell-side analysts anticipate 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.