Wall Street Zen downgrades Lockheed Martin to 'buy' rating

Aerospace and defense giant's stock rating cut from 'strong-buy'

Mar. 22, 2026 at 5:09am

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Investment research firm Wall Street Zen has downgraded shares of Lockheed Martin Corporation (NYSE: LMT) from a 'strong-buy' rating to a 'buy' rating in a new report issued on Sunday. The downgrade comes as several other brokerages have also recently weighed in on the aerospace and defense company's stock.

Why it matters

Lockheed Martin is one of the world's largest defense contractors, with a diverse portfolio of military aircraft, missile systems, space technologies and other advanced products. Analyst ratings and price target changes can significantly impact investor sentiment and the company's stock price performance.

The details

In its report, Wall Street Zen cited a number of factors in its decision to downgrade Lockheed Martin, including the company's recent earnings results that missed analyst expectations. Other brokerages have also adjusted their ratings and price targets for Lockheed Martin in recent weeks, with Weiss Ratings cutting the stock from 'buy' to 'hold' and JPMorgan Chase & Co. raising its price target.

  • Wall Street Zen issued its downgrade report on Sunday, March 22, 2026.

The players

Lockheed Martin Corporation

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 ratings on publicly traded companies.

Weiss Ratings

An independent rating agency that provides research and analysis on stocks, mutual funds, and other financial products.

JPMorgan Chase & Co.

A multinational investment bank and financial services company that provides a wide range of financial products and services.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

The takeaway

The downgrade of Lockheed Martin by Wall Street Zen, along with other recent rating changes by major brokerages, highlights the ongoing scrutiny and volatility surrounding the defense industry as it navigates shifting geopolitical dynamics and evolving customer demands.