Lockheed Martin (LMT) Stock Climbs on Strong Earnings

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3 days ago
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Key Highlights:

  • Lockheed Martin (LMT, Financial) exceeds quarterly earnings expectations, boosting investor confidence.
  • Wall Street analysts project significant upside potential for LMT, based on current stock prices.
  • GuruFocus estimates suggest an even greater potential for growth in the coming year.

Lockheed Martin (LMT) has recently attracted investor attention following a robust earnings report. The company's stock witnessed a favorable upswing as it not only met but exceeded revenue and profit forecasts. Furthermore, Lockheed Martin has upheld a positive outlook for the fiscal year 2025, further solidifying investor confidence in its strategic growth initiatives.

Wall Street Analysts Forecast

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According to the latest data compiled from 19 analysts, the average price target for Lockheed Martin Corp (LMT, Financial) stands at $527.62. Analysts provide a range of predictions, with high estimates reaching $670.00 and lows at $424.00. This average target price suggests a potential upside of 15.12% from the current stock price of $458.33. For more precise estimate details, visit the Lockheed Martin Corp (LMT) Forecast page.

Turning to broker recommendations, Lockheed Martin Corp (LMT, Financial) currently enjoys an "Outperform" status, with an average brokerage recommendation of 2.4 from 25 firms. The recommendation scale spans from 1 to 5, where 1 indicates a Strong Buy and 5 suggests a Sell.

GuruFocus Proprietary Metrics

From a valuation perspective, GuruFocus estimates place the GF Value for Lockheed Martin Corp (LMT, Financial) at $562.55 over the next year. This valuation implies an impressive upside potential of 22.74% compared to its current price of $458.33. The GF Value is derived from historical trading multiples, past business growth, and projected future performance. Comprehensive data can be accessed through the Lockheed Martin Corp (LMT) Summary page.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.