Lockheed Martin (NYSE:LMT) Stock Price Up 1.9% on Analyst Upgrade

Lockheed Martin Corporation (NYSE:LMT) shot up 1.9% during mid-day trading on Friday after TD Cowen raised their price target on the stock from $600.00 to $670.00. TD Cowen currently has a hold rating on the stock. Lockheed Martin traded as high as $641.19 and last traded at $634.3120. 2,095,059 shares traded hands during mid-day trading, a decline of 7% from the average session volume of 2,257,709 shares. The stock had previously closed at $622.51.

LMT has been the subject of a number of other research reports. BNP Paribas Exane raised their price objective on Lockheed Martin from $550.00 to $570.00 and gave the company an “outperform” rating in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft increased their target price on Lockheed Martin from $492.00 to $611.00 and gave the stock a “hold” rating in a research report on Friday. Citigroup raised their price objective on shares of Lockheed Martin from $505.00 to $592.00 and gave the company a “neutral” rating in a research report on Tuesday, January 13th. Morgan Stanley reiterated an “equal weight” rating and issued a $543.00 price objective (down previously from $630.00) on shares of Lockheed Martin in a report on Tuesday, December 16th. Finally, Robert W. Baird upped their price objective on shares of Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Five analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Lockheed Martin presently has a consensus rating of “Hold” and an average target price of $577.29.

Key Lockheed Martin News

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Lockheed signed a framework agreement to quadruple THAAD interceptor production (96 ? ~400/year) and will build a Munitions Acceleration Center in Arkansas — a material capacity ramp that supports future revenue and margin upside. Lockheed Martin and U.S. Department of War Sign Framework Agreement to Quadruple THAAD Interceptor Production Capacity
• Positive Sentiment: Company reported a record backlog (~$194B) and gave 2026 revenue/profit guidance that is generally in line with or above consensus — investors view this as confirmation of strong Pentagon demand for fighters and missiles. Lockheed Martin forecasts upbeat 2026 profit, revenue amid rising geopolitical tensions
• Positive Sentiment: Multiple analysts lifted price targets (Truist to $695 with a Buy, JPMorgan to $680, TD Cowen to $670, RBC to $650), providing fresh third?party valuation support that likely buoyed the stock. Truist boosts price target on Lockheed Martin to $695 from $605 JPMorgan adjusts Lockheed Martin price target to $680 from $515 TD Cowen adjusts Lockheed Martin price target to $670 from $600
• Neutral Sentiment: Q4: revenue beat estimates (~$20.3B) but reported EPS missed some consensus figures (mixed headlines). Market reaction reflects the combination of strong sales/backlog and near-term earnings pressure. Lockheed Martin Reports Fourth Quarter and Full Year 2025 Financial Results
• Neutral Sentiment: FY2026 guidance (EPS 29.35–30.25; revenue $77.5B–$80.0B) roughly overlaps consensus — not a material beat but supportive given backlog and defense demand. Lockheed Martin forecasts upbeat 2026 profit, revenue amid rising geopolitical tensions
• Negative Sentiment: One broker (Deutsche Bank) raised its target to $611 but it still sits below the market price — a reminder some analysts remain more cautious on valuation despite the bullish demand backdrop. Deutsche Bank adjusts Lockheed Martin price target to $611 from $492

Institutional Trading of Lockheed Martin

Several large investors have recently made changes to their positions in LMT. Trifecta Capital Advisors LLC boosted its holdings in Lockheed Martin by 1.1% during the fourth quarter. Trifecta Capital Advisors LLC now owns 11,403 shares of the aerospace company’s stock worth $5,515,000 after buying an additional 123 shares in the last quarter. Canandaigua National Trust Co of Florida boosted its stake in shares of Lockheed Martin by 5.2% during the 4th quarter. Canandaigua National Trust Co of Florida now owns 2,266 shares of the aerospace company’s stock worth $1,096,000 after acquiring an additional 112 shares in the last quarter. Canandaigua National Bank & Trust Co. grew its position in shares of Lockheed Martin by 0.6% during the 4th quarter. Canandaigua National Bank & Trust Co. now owns 12,431 shares of the aerospace company’s stock valued at $6,013,000 after acquiring an additional 78 shares during the period. First Fiduciary Investment Counsel Inc. raised its holdings in Lockheed Martin by 1.8% in the 4th quarter. First Fiduciary Investment Counsel Inc. now owns 25,904 shares of the aerospace company’s stock worth $12,529,000 after purchasing an additional 459 shares during the period. Finally, DMKC Advisory Services LLC boosted its position in Lockheed Martin by 16.5% during the fourth quarter. DMKC Advisory Services LLC now owns 5,407 shares of the aerospace company’s stock worth $2,615,000 after purchasing an additional 765 shares in the last quarter. 74.19% of the stock is owned by hedge funds and other institutional investors.

Lockheed Martin Stock Performance

The company has a market capitalization of $146.78 billion, a price-to-earnings ratio of 35.42, a price-to-earnings-growth ratio of 1.71 and a beta of 0.24. The firm has a fifty day simple moving average of $506.21 and a 200 day simple moving average of $479.69. The company has a debt-to-equity ratio of 3.32, a current ratio of 1.13 and a quick ratio of 0.97.

Lockheed Martin (NYSE:LMT) last released its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $6.33 by ($0.53). Lockheed Martin had a return on equity of 111.84% and a net margin of 5.73%.The business had revenue of $20.32 billion for the quarter, compared to analysts’ expectations of $19.84 billion. During the same period in the previous year, the company earned $7.67 EPS. Lockheed Martin’s quarterly revenue was up 9.1% compared to the same quarter last year. On average, analysts anticipate that Lockheed Martin Corporation will post 27.15 earnings per share for the current fiscal year.

Lockheed Martin Company Profile

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.