Consensus Rating1
Buy
Highest Price Target1
$610.00
Lowest Price Target1
$332.00
Consensus Price Target1
$506.20

Lockheed Martin Analyst Ratings and Price Targets | NYSE:LMT | Benzinga

Lockheed Martin Corp has a consensus price target of $506.2 based on the ratings of 21 analysts. The high is $610 issued by TD Cowen on October 23, 2024. The low is $332 issued by Goldman Sachs on January 13, 2023. The 3 most-recent analyst ratings were released by UBS, Baird, and Wells Fargo on April 23, 2025, April 23, 2025, and April 8, 2025, respectively. With an average price target of $490.33 between UBS, Baird, and Wells Fargo, there's an implied 3.13% upside for Lockheed Martin Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Dec 24
5
5
Jan
1
Feb
2
Mar
1
2
Apr
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.2
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

UBS
Baird
Wells Fargo
RBC Capital
B of A Securities

1calculated from analyst ratings

Analyst Ratings for Lockheed Martin

Buy NowGet Alert
04/23/2025Buy Now4.95%UBS
Gavin Parsons56%
$481 → $499MaintainsNeutralGet Alert
04/23/2025Buy Now13.57%Baird
Peter Arment83%
$540 → $540UpgradeNeutral → OutperformGet Alert
04/08/2025Buy Now-9.14%Wells Fargo
Matthew Akers72%
$476 → $432MaintainsEqual-WeightGet Alert
03/27/2025Buy Now0.95%RBC Capital
Ken Herbert68%
$550 → $480DowngradeOutperform → Sector PerformGet Alert
03/24/2025Buy Now2.01%B of A Securities
Ronald Epstein65%
$685 → $485DowngradeBuy → NeutralGet Alert
03/07/2025Buy Now0.11%Wells Fargo
Matthew Akers72%
$468 → $476MaintainsEqual-WeightGet Alert
02/26/2025Buy Now-1.57%Wells Fargo
Matthew Akers72%
$497 → $468MaintainsEqual-WeightGet Alert
01/30/2025Buy Now4.53%Wells Fargo
Matthew Akers72%
$500 → $497MaintainsEqual-WeightGet Alert
01/30/2025Buy Now12.52%JP Morgan
Seth Seifman81%
$540 → $535MaintainsOverweightGet Alert
01/29/2025Buy Now10.42%Morgan Stanley
Kristine Liwag72%
$555 → $525MaintainsEqual-WeightGet Alert
01/29/2025Buy Now15.68%RBC Capital
Ken Herbert68%
$570 → $550MaintainsOutperformGet Alert
01/29/2025Buy Now15.68%Susquehanna
Charles Minervino57%
$590 → $550MaintainsPositiveGet Alert
01/29/2025Buy Now6.84%UBS
Gavin Parsons56%
$527 → $508MaintainsNeutralGet Alert
01/21/2025Buy Now26.19%Citigroup
Jason Gursky76%
$700 → $600MaintainsBuyGet Alert
01/16/2025Buy Now13.57%JP Morgan
Seth Seifman81%
$546 → $540MaintainsOverweightGet Alert
01/14/2025Buy Now21.78%Truist Securities
Michael Ciarmoli79%
→ $579Initiates → BuyGet Alert
01/08/2025Buy Now5.16%Wells Fargo
Matthew Akers72%
$543 → $500MaintainsEqual-WeightGet Alert
01/08/2025Buy Now24.09%Susquehanna
Charles Minervino57%
$695 → $590MaintainsPositiveGet Alert
01/06/2025Buy Now8.32%Barclays
David Strauss71%
$565 → $515MaintainsEqual-WeightGet Alert
01/02/2025Buy Now10%Deutsche Bank
Scott Deuschle72%
$611 → $523DowngradeBuy → HoldGet Alert
12/11/2024Buy Now14.21%Wells Fargo
Matthew Akers72%
$602 → $543MaintainsEqual-WeightGet Alert
10/29/2024Buy Now18.83%Barclays
David Strauss71%
$505 → $565MaintainsEqual-WeightGet Alert
10/23/2024Buy Now39.86%RBC Capital
Ken Herbert68%
$675 → $665MaintainsOutperformGet Alert
10/23/2024Buy Now28.3%TD Cowen
Cai von Rumohr67%
$560 → $610MaintainsBuyGet Alert
10/23/2024Buy Now26.82%UBS
Gavin Parsons56%
$589 → $603MaintainsNeutralGet Alert
10/23/2024Buy Now46.17%Susquehanna
Charles Minervino57%
$705 → $695MaintainsPositiveGet Alert
10/17/2024Buy Now48.28%Susquehanna
Charles Minervino57%
$565 → $705MaintainsPositiveGet Alert
10/14/2024Buy Now32.5%JP Morgan
Seth Seifman81%
$560 → $630MaintainsOverweightGet Alert
10/10/2024Buy Now47.23%Citigroup
Jason Gursky76%
$570 → $700MaintainsBuyGet Alert
10/07/2024Buy Now41.97%RBC Capital
Ken Herbert68%
$600 → $675MaintainsOutperformGet Alert
10/03/2024Buy Now30.4%Deutsche Bank
Scott Deuschle72%
$600 → $620MaintainsBuyGet Alert
08/30/2024Buy Now33.55%B of A Securities
Ronald Epstein65%
$635 → $635MaintainsBuyGet Alert
08/09/2024Buy Now25.98%Morgan Stanley
Kristine Liwag72%
$503 → $599MaintainsEqual-WeightGet Alert
08/05/2024Buy Now26.19%RBC Capital
Ken Herbert68%
$500 → $600UpgradeSector Perform → OutperformGet Alert
07/31/2024Buy Now33.55%B of A Securities
Ronald Epstein65%
$465 → $635UpgradeNeutral → BuyGet Alert
07/30/2024Buy Now6.21%Barclays
David Strauss71%
$480 → $505MaintainsEqual-WeightGet Alert
07/26/2024Buy Now26.19%Deutsche Bank
Scott Deuschle72%
$540 → $600UpgradeHold → BuyGet Alert
07/25/2024Buy Now17.78%JP Morgan
Seth Seifman81%
$518 → $560MaintainsOverweightGet Alert
07/24/2024Buy Now13.57%Deutsche Bank
Scott Deuschle72%
$487 → $540MaintainsHoldGet Alert
07/24/2024Buy Now5.16%RBC Capital
Ken Herbert68%
$470 → $500MaintainsSector PerformGet Alert
07/24/2024Buy Now10.42%Wells Fargo
Matthew Akers72%
$483 → $525MaintainsEqual-WeightGet Alert
07/24/2024Buy Now13.15%UBS
Gavin Parsons56%
$511 → $538MaintainsNeutralGet Alert
07/24/2024Buy Now18.83%Susquehanna
Charles Minervino57%
$540 → $565MaintainsPositiveGet Alert
07/24/2024Buy Now17.78%TD Cowen
Cai von Rumohr67%
$480 → $560UpgradeHold → BuyGet Alert
04/25/2024Buy Now0.95%Wells Fargo
Matthew Akers72%
$460 → $480MaintainsEqual-WeightGet Alert
04/25/2024Buy Now2.43%Deutsche Bank
Scott Deuschle72%
$467 → $487MaintainsHoldGet Alert
04/24/2024Buy Now10.42%Citigroup
Jason Gursky76%
$508 → $525MaintainsBuyGet Alert
04/24/2024Buy Now4.95%UBS
Gavin Parsons56%
$482 → $499MaintainsNeutralGet Alert
04/15/2024Buy Now8.95%JP Morgan
Seth Seifman81%
$475 → $518UpgradeNeutral → OverweightGet Alert
01/24/2024Buy Now5.79%Morgan Stanley
Kristine Liwag72%
$513 → $503MaintainsEqual-WeightGet Alert
01/24/2024Buy Now13.57%Susquehanna
Charles Minervino57%
$550 → $540MaintainsPositiveGet Alert
01/24/2024Buy Now6.84%Citigroup
Jason Gursky76%
$540 → $508MaintainsBuyGet Alert
01/24/2024Buy Now-1.15%RBC Capital
Ken Herbert68%
$475 → $470MaintainsSector PerformGet Alert
01/24/2024Buy Now-0.1%UBS
Gavin Parsons56%
$488 → $475MaintainsNeutralGet Alert
10/18/2023Buy Now7.26%Morgan Stanley
Kristine Liwag72%
$532 → $510MaintainsEqual-WeightGet Alert
10/18/2023Buy Now1.17%JP Morgan
Seth Seifman81%
$495 → $481MaintainsNeutralGet Alert
10/18/2023Buy Now13.57%Citigroup
Jason Gursky76%
$555 → $540MaintainsBuyGet Alert
10/11/2023Buy Now-1.15%UBS
Gavin Parsons56%
→ $470Initiates → NeutralGet Alert
09/28/2023Buy Now-8.51%Deutsche Bank
Scott Deuschle72%
→ $435Initiates → HoldGet Alert
09/18/2023Buy Now-7.46%Wells Fargo
Sarah Akers70%
→ $440UpgradeUnderweight → Equal-WeightGet Alert
07/19/2023Buy Now11.89%Morgan Stanley
Kristine Liwag72%
$532 → $532ReiteratesEqual-Weight → Equal-WeightGet Alert
07/19/2023Buy Now15.68%Susquehanna
Charles Minervino57%
$575 → $550MaintainsPositiveGet Alert
07/19/2023Buy Now-0.1%RBC Capital
Ken Herbert68%
$500 → $475MaintainsSector PerformGet Alert
07/19/2023Buy Now-7.46%Wells Fargo
Sarah Akers70%
$433 → $440MaintainsUnderweightGet Alert
07/19/2023Buy Now16.73%Citigroup
Jason Gursky76%
$579 → $555MaintainsBuyGet Alert
04/20/2023Buy Now4.32%Bernstein
Douglas Harned45%
$478 → $496MaintainsMarket PerformGet Alert
04/19/2023Buy Now5.16%JP Morgan
Seth Seifman81%
$480 → $500MaintainsNeutralGet Alert
04/19/2023Buy Now-11.87%Wells Fargo
Sarah Akers70%
$422 → $419MaintainsUnderweightGet Alert
04/19/2023Buy Now15.68%Credit Suisse
Scott Deuschle72%
$510 → $550MaintainsOutperformGet Alert
04/19/2023Buy Now21.78%Citigroup
Jason Gursky76%
$546 → $579MaintainsBuyGet Alert
04/12/2023Buy Now7.9%Baird
Peter Arment83%
→ $513DowngradeOutperform → NeutralGet Alert
02/07/2023Buy Now7.26%Credit Suisse
Scott Deuschle72%
$427 → $510UpgradeUnderperform → OutperformGet Alert
01/30/2023Buy Now10%DZ Bank
Robert Czerwensky57%
→ $523UpgradeHold → BuyGet Alert
01/25/2023Buy Now7.69%Susquehanna
Charles Minervino57%
$510 → $512MaintainsPositiveGet Alert
01/25/2023Buy Now11.89%Morgan Stanley
Kristine Liwag72%
$542 → $532MaintainsEqual-WeightGet Alert
01/25/2023Buy Now-11.24%Wells Fargo
Matthew Akers72%
$417 → $422MaintainsUnderweightGet Alert
01/25/2023Buy Now-14.19%Credit Suisse
Scott Deuschle72%
$384 → $408MaintainsUnderperformGet Alert
01/13/2023Buy Now-30.17%Goldman Sachs
Noah Poponak64%
$388 → $332DowngradeNeutral → SellGet Alert
12/15/2022Buy Now13.99%Morgan Stanley
Kristine Liwag72%
$506 → $542DowngradeOverweight → Equal-WeightGet Alert
12/12/2022Buy Now6.21%JP Morgan
Seth Seifman81%
$450 → $505MaintainsNeutralGet Alert
10/19/2022Buy Now-12.3%Wells Fargo
Matthew Akers72%
$415 → $417MaintainsUnderweightGet Alert
10/19/2022Buy Now6.42%Morgan Stanley
Kristine Liwag72%
$522 → $506MaintainsOverweightGet Alert
10/19/2022Buy Now-6.41%RBC Capital
Ken Herbert68%
$420 → $445MaintainsSector PerformGet Alert
10/19/2022Buy Now7.26%Susquehanna
Charles Minervino57%
$539 → $510MaintainsPositiveGet Alert
10/19/2022Buy Now-19.24%Credit Suisse
Scott Deuschle72%
$375 → $384MaintainsUnderperformGet Alert
10/19/2022Buy Now7.9%Baird
Peter Arment83%
→ $513UpgradeNeutral → OutperformGet Alert
10/12/2022Buy Now-21.13%Credit Suisse
Scott Deuschle72%
→ $375Initiates → UnderperformGet Alert
10/11/2022Buy NowWolfe Research
Myles Walton82%
Initiates → Peer PerformGet Alert
10/06/2022Buy Now-5.35%Jefferies
Sheila Kahyaoglu72%
$470 → $450MaintainsHoldGet Alert
09/28/2022Buy Now-12.72%Wells Fargo
Matthew Akers72%
$406 → $415DowngradeEqual-Weight → UnderweightGet Alert
08/30/2022Buy Now-3.25%RBC Capital
Ben Herbert72%
→ $460Initiates → Sector PerformGet Alert
07/20/2022Buy Now-14.61%Wells Fargo
Matthew Akers72%
$496 → $406MaintainsEqual-WeightGet Alert
07/20/2022Buy Now9.79%Morgan Stanley
Kristine Liwag72%
$525 → $522MaintainsOverweightGet Alert
07/12/2022Buy Now10.42%Morgan Stanley
Kristine Liwag72%
$521 → $525MaintainsOverweightGet Alert

FAQ

Q

What is the target price for Lockheed Martin (LMT) stock?

A

The latest price target for Lockheed Martin (NYSE:LMT) was reported by UBS on April 23, 2025. The analyst firm set a price target for $499.00 expecting LMT to rise to within 12 months (a possible 4.95% upside). 44 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Lockheed Martin (LMT)?

A

The latest analyst rating for Lockheed Martin (NYSE:LMT) was provided by UBS, and Lockheed Martin maintained their neutral rating.

Q

When was the last upgrade for Lockheed Martin (LMT)?

A

The last upgrade for Lockheed Martin Corp happened on April 23, 2025 when Baird raised their price target to $540. Baird previously had a neutral for Lockheed Martin Corp.

Q

When was the last downgrade for Lockheed Martin (LMT)?

A

The last downgrade for Lockheed Martin Corp happened on March 27, 2025 when RBC Capital changed their price target from $550 to $480 for Lockheed Martin Corp.

Q

When is the next analyst rating going to be posted or updated for Lockheed Martin (LMT)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Lockheed Martin, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Lockheed Martin was filed on April 23, 2025 so you should expect the next rating to be made available sometime around April 23, 2026.

Q

Is the Analyst Rating Lockheed Martin (LMT) correct?

A

While ratings are subjective and will change, the latest Lockheed Martin (LMT) rating was a maintained with a price target of $481.00 to $499.00. The current price Lockheed Martin (LMT) is trading at is $475.46, which is out of the analyst’s predicted range.

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