Wall Street Zen Upgrades Lockheed Martin to Strong Buy

Analysts cite strong performance and growth potential for the aerospace and defense giant.

Mar. 14, 2026 at 6:39am

Investment research firm Wall Street Zen has upgraded shares of Lockheed Martin (NYSE:LMT) from a "buy" rating to a "strong-buy" rating. The upgrade comes as Lockheed Martin has seen its stock price rise significantly in recent months, with the company benefiting from strong demand for its military aircraft, missile defense systems, and other advanced technology products.

Why it matters

Lockheed Martin is one of the world's largest defense contractors, with a diverse portfolio of products and services that are critical to national security. The company's strong performance and growth potential make it an attractive investment for analysts and investors alike, particularly as global defense spending continues to rise.

The details

In its report, Wall Street Zen cited Lockheed Martin's robust order backlog, ongoing contract wins, and successful execution of major programs as key factors behind the upgrade. The firm also noted the company's strong financial position, with a healthy balance sheet and steady cash flow generation.

  • Wall Street Zen issued the upgrade on Saturday, March 14, 2026.

The players

Lockheed Martin

A global aerospace and defense company that designs, develops, and manufactures advanced technology systems for government and commercial customers.

Wall Street Zen

An investment research firm that provides analysis and recommendations on publicly traded companies.

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What’s next

Investors will be closely watching Lockheed Martin's upcoming earnings report and any further updates from the company on its business performance and outlook.

The takeaway

Lockheed Martin's upgrade to a strong buy rating from Wall Street Zen underscores the company's position as a leading defense contractor with significant growth potential, even in a challenging economic environment.