Lockheed Martin Receives $634.74 Consensus Price Target from Analysts

Analysts maintain a 'Hold' rating on the aerospace and defense company's stock.

Apr. 7, 2026 at 5:57am

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Lockheed Martin Corporation (NYSE:LMT) has received an average 'Hold' rating from 21 brokerages covering the firm, with a consensus 12-month price target of $634.74. The company's stock has seen a range of ratings, from one 'Sell' to seven 'Buy' recommendations, reflecting mixed analyst sentiment on the aerospace and defense giant.

Why it matters

Lockheed Martin is one of the world's largest defense contractors, with a diverse portfolio spanning military aircraft, missile systems, space technologies, and more. Analyst ratings and price targets provide insight into market expectations and sentiment around the company's future performance and growth potential.

The details

The analysts' average price target of $634.74 represents a potential upside of around 5% from the stock's current trading price. Factors influencing the mixed ratings include Lockheed Martin's strong order backlog, ongoing government contracts, and potential new program wins, balanced against concerns over program delays, cost overruns, and the broader macroeconomic environment.

  • Lockheed Martin reported its latest quarterly earnings on January 29, 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.

Truist Financial

A financial services company that recently lifted its price target on Lockheed Martin to $695 and maintained a 'Buy' rating.

Sanford C. Bernstein

An investment research firm that maintained a 'Market Perform' rating and $654 price target on Lockheed Martin.

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What’s next

Investors will be closely watching Lockheed Martin's performance in upcoming quarters, particularly any updates on major programs, new contract wins, and the company's ability to navigate supply chain and macroeconomic challenges.

The takeaway

As one of the defense industry's largest players, Lockheed Martin's financial results and market positioning continue to be closely monitored by analysts and investors. The mixed analyst ratings reflect the company's strengths balanced against potential headwinds, underscoring the need for careful evaluation of Lockheed Martin's long-term growth prospects.