Key Highlights:
- Evan Scott takes over as CFO of Lockheed Martin, bringing 26 years of experience.
- Consensus analyst forecasts suggest a potential 16.85% upside for Lockheed stock.
- GuruFocus estimates indicate a significant 24.63% upside based on GF Value.
Lockheed Martin's (LMT, Financial) leadership sees a strategic transition as Evan Scott steps into the role of senior vice president and CFO, succeeding Jay Malave. Scott's impressive 26-year tenure with the company positions him well to guide the financial future of Lockheed Martin. This change is timely, as the company is poised to share its Q1 2025 earnings webcast on April 22, 2025.
Wall Street Analysts Forecast
Wall Street analysts have set a range of price targets for Lockheed Martin Corp (LMT, Financial) that reflect a positive outlook. The average target price, derived from 19 analysts' one-year forecasts, stands at $527.62, with estimates spanning from a high of $670.00 to a low of $424.00. This suggests an overall upside potential of 16.85% from the current price of $451.53. Investors seeking more detailed estimates can visit the Lockheed Martin Corp (LMT) Forecast page.
The consensus recommendation among 25 brokerage firms positions Lockheed Martin Corp (LMT, Financial) with an average rating of 2.4, denoting an "Outperform" status. This rating is part of a scale that ranges from 1 (Strong Buy) to 5 (Sell).
In terms of GuruFocus metrics, the estimated GF Value for Lockheed Martin Corp (LMT, Financial) in one year is forecasted to reach $562.76. This represents an expected upside of 24.63% from the current price of $451.53. The GF Value is GuruFocus's assessment of the stock's fair trading value, calculated by examining historical trading multiples, past growth, and projected business performance. For more in-depth data, investors are encouraged to visit the Lockheed Martin Corp (LMT) Summary page.
- CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
- Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
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- Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.
