Lockheed Martin

Analysts Raise Lockheed Martin Target Amid Strong Orders and Sector Challenges

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

06 Aug 24

Updated

04 Dec 25

Views

1.4k

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-1.7%

7D

1.5%

Loading

1Y

-1.7%

7D

1.5%

You can edit this narrative until Dec 5 5:10 AM. Then, changes will post as Updates.

Author's Valuation

US$528.1710.1% undervalued

AnalystConsensusTarget Fair Value

Shared on 04 Dec 25

LMT: Rising Defense Export Demand Will Drive Returns Despite Execution Risks

Analysts have modestly raised their price targets on Lockheed Martin, with recent increases to $500 and $545 per share reflecting stronger order momentum in key programs and resilient aerospace demand, even as operational challenges and a higher discount rate temper the potential upside. Analyst Commentary Street research heading into the Q3 print reflects a balanced mix of optimism around Lockheed Martin's growth prospects and caution around execution risks and the broader defense spending backdrop.

Shared on 20 Nov 25

Fair value Increased 0.24%

LMT: Future Demand Shifts Will Drive Results Despite Operational Challenges

Lockheed Martin's analyst price target has increased by $18 to $528, as analysts cite stronger revenue forecasts and ongoing program demand. They also note continued operational challenges and a cautious outlook for government spending.

Shared on 05 Nov 25

Fair value Increased 2.00%

LMT: Future Results Will Reflect Order Momentum Amid Ongoing Execution Risks

Lockheed Martin's analyst price target has risen from $516.56 to $526.88. This change reflects analysts' optimism following robust order activity, an improved revenue growth outlook, and ongoing monitoring of operational performance.

Shared on 22 Oct 25

Fair value Increased 4.63%

Lockheed Martin's analyst fair value estimate has been raised from $493.71 to $516.56 per share as analysts note stronger order growth and improved profitability. This is partially offset by operating challenges and a mixed defense outlook.

Shared on 08 Oct 25

Fair value Increased 3.57%

Lockheed Martin's analyst price target increased modestly from $476.67 to $493.71. This reflects a mix of optimism toward global defense budgets and ongoing caution around program charges and execution risks, according to analysts.

Shared on 05 Sep 25

Fair value Decreased 1.45%

Analysts have modestly reduced Lockheed Martin’s price target to $476.67, citing concerns over unexpected program charges, CFO transition risks, and execution challenges—offset by improving global defense budgets and attractive valuation. Analyst Commentary Bullish analysts highlight that Lockheed Martin’s current valuation is attractive given accelerating global defense budgets, seeing shares as “too cheap to ignore” despite recent charges and low sentiment.

Shared on 07 May 25

Fair value Decreased 7.55%

Shared on 30 Apr 25

Fair value Increased 0.078%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

Fair value Decreased 2.27%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 16 Apr 25

Fair value Increased 1.76%

AnalystConsensusTarget has decreased shares outstanding growth rate from -0.0% to -0.0%.

Shared on 09 Apr 25

Fair value Decreased 1.06%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 1.24%

AnalystConsensusTarget has decreased shares outstanding growth rate from -0.0% to -0.0%.

Shared on 26 Mar 25

Fair value Decreased 3.53%

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 10 Mar 25

Fair value Decreased 2.80%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

US$528.17

10.1% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

3.42%

Aerospace & Defense revenue growth rate

0.51%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

7.94%

Calculation

US$7.22b

Earnings '28

x

20.27x

PE Ratio '28

=

US$146.44b

Market Cap '28

US$146.44b

Market Cap '28

/

219.83m

No. shares '28

=

US$666.13

Share Price '28

US$666.13 Share Price '28

Discounted to 2025 @ 8.18% p.a.

=

US$526.16

Fair Value '25