Key Highlights:
- Lockheed Martin reports a significant boost in quarterly earnings, exceeding forecasts.
- Stock shows robust growth potential with a substantial contract backlog of $173 billion.
- Wall Street analysts recommend an "Outperform" status due to expected favorable price trends.
Lockheed Martin Corp. (NYSE: LMT) delivered a stellar performance, witnessing a substantial 3.5% rise in premarket trading following the announcement of its impressive quarterly earnings. The defense industry giant reported a notable 4% increase in sales, reaching $18 billion, alongside achieving net earnings of $1.7 billion for the first quarter of 2025. Highlighting its robust prospects, Lockheed Martin reiterated its full-year forecast and showcased an impressive contract backlog of $173 billion.
Wall Street Analysts Forecast
According to insights from 19 analysts, Lockheed Martin Corp (LMT, Financial) has an average one-year price target of $527.62. Analysts predict a high estimate of $670.00 and a low estimate of $424.00. This average target indicates a potential upside of approximately 15.12% from its current trading price of $458.33. For more in-depth analysis and estimates, visit the Lockheed Martin Corp (LMT) Forecast page.
Brokerage firms unanimously project positive sentiments, with 25 firms collectively giving Lockheed Martin Corp an average recommendation score of 2.4, categorizing it as "Outperform." This score falls within a rating scale of 1 to 5, where 1 represents a Strong Buy and 5 indicates a Sell.
The GF Value, which serves as GuruFocus' fair value estimation for Lockheed Martin, is projected to be $562.55 within the next year. This suggests a promising upside potential of 22.74% from the present price of $458.33. The GF Value metric is carefully calculated based on the stock's historical trading multiples, previous business growth, and future performance expectations. Comprehensive data is available on the Lockheed Martin Corp (LMT, Financial) Summary page.
