Lockheed Martin Shares Drop 3.1% Amid Market Volatility

Analysts weigh in on the aerospace and defense giant's recent stock performance.

Mar. 30, 2026 at 9:56pm

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Shares of Lockheed Martin Corporation (NYSE:LMT) fell 3.1% on Monday, trading as low as $593.88 per share. The drop comes amid broader market volatility, with the stock trading at around $596.97 by the end of the day on volume that was 2% lower than the company's average daily trading volume.

Why it matters

Lockheed Martin is one of the world's largest aerospace and defense contractors, with a diverse portfolio spanning military aircraft, missile systems, space technologies, and more. As a bellwether for the industry, the company's stock performance is closely watched by investors and analysts alike.

The details

Several research firms have recently weighed in on Lockheed Martin's stock. Jefferies Financial Group raised its price target to $630 from $540 and maintained a 'hold' rating, while Susquehanna increased its price objective to $740 from $725 and kept a 'positive' rating. Overall, the stock has an average 'hold' rating from Wall Street analysts, with a consensus price target of $623.16.

  • Lockheed Martin's shares closed at $615.84 on the previous trading day.
  • The stock traded as low as $593.88 and closed at $596.97 on Monday.

The players

Lockheed Martin Corporation

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

Jefferies Financial Group

An investment banking firm that recently raised its price target for Lockheed Martin's stock.

Susquehanna

An investment research firm that increased its price objective for Lockheed Martin's stock.

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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

What’s next

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

The takeaway

Lockheed Martin's stock drop reflects broader market volatility, but the company's strong position in the aerospace and defense industry and positive analyst sentiment suggest its long-term prospects remain solid.