Key Highlights:
- Lockheed Martin (LMT, Financial) exceeded Q1 earnings expectations with a GAAP EPS of $7.28.
- The company reported significant revenue growth, reaching $17.96 billion.
- Analysts project potential upside for LMT, with a high target price of $670.00.
Lockheed Martin's (LMT) recent financial results have captured investor attention, as the company's Q1 performance outpaced market forecasts. The defense and aerospace giant posted a GAAP EPS of $7.28, beating estimates by $0.93, while revenue surged to $17.96 billion, surpassing predictions by $160 million. The firm also returned a robust $1.5 billion to shareholders and remained confident in its financial goals for 2025, underscoring strategic growth and stability.
Wall Street Analysts Forecast
Analysts have set a range of price targets for Lockheed Martin Corp (LMT, Financial) over the next year. The consensus positions the average target price at $527.62, with estimates stretching from a high of $670.00 to a low of $424.00. This projection represents a potential upside of 15.12% from its current trading price of $458.33. Investors can explore further detailed estimates on the Lockheed Martin Corp (LMT) Forecast page.
In terms of analyst recommendations, Lockheed Martin's stock currently holds an "Outperform" status with an average brokerage recommendation of 2.4. This rating is based on a scale from 1, indicating a Strong Buy, to 5, suggesting Sell, according to insights from 25 brokerage firms.
Moreover, GuruFocus' proprietary metrics provide additional perspectives on Lockheed Martin's valuation. The projected GF Value for the company in one year is estimated at $562.55. This suggests an upside potential of 22.74% from the current price of $458.33. The GF Value metric reflects GuruFocus' assessment of the fair trading value, derived from historical trading multiples, past business growth, and future performance expectations. For a comprehensive analysis, visit the Lockheed Martin Corp (LMT, Financial) Summary page.
