- Lockheed Martin (LMT, Financial) aims for a minor rise in revenue despite expected earnings decline.
- Analysts predict a notable upside potential with an average target price of $527.62.
- Lockheed Martin's international orders might cushion against reduced U.S. defense spending.
Lockheed Martin (LMT) is poised to report mixed financial results for the first quarter. While the company's earnings per share (EPS) is anticipated to slightly decline to $6.31, revenue is projected to grow by 3.5%, reaching $17.8 billion. Despite challenges in domestic defense spending, international demand may provide a significant boost.
Wall Street Analysts Forecast
Analyst forecasts for Lockheed Martin Corp (LMT, Financial) suggest a promising outlook. With input from 19 analysts, the average price target for LMT stands at $527.62. This includes a high projection of $670.00 and a low of $424.00. The average target price indicates a potential upside of 15.59% from the current trading price of $456.48. Investors can explore more detailed estimate data on the Lockheed Martin Corp (LMT) Forecast page.
In terms of brokerage recommendations, Lockheed Martin Corp receives an average rating of 2.4 from 25 firms, placing it in the "Outperform" category. The rating scale ranges from 1, indicating a Strong Buy, to 5, signaling a Sell.
GuruFocus Insights
According to GuruFocus estimates, Lockheed Martin's GF Value in a year is anticipated to be $562.55, suggesting a substantial upside of 23.24% from the current price of $456.475. This GF Value is derived from historical trading multiples, past business growth, and future performance estimates. Investors can find more comprehensive data on the Lockheed Martin Corp (LMT, Financial) Summary page.
