Lockheed Martin (LMT, Financial) is expressing confidence in meeting its profit objectives for the current year. The defense contractor anticipates delivering between 170 to 190 F-35 aircraft in the fiscal year 2025. This projection accounts for potential tariff impacts, and the company is actively collaborating with its customers to manage these influences.
Furthermore, Lockheed Martin's forecast for this year does not factor in any pension contributions. Despite this, the company expects more robust sales growth rates through 2027 compared to prior projections. The firm remains dedicated to investing in future initiatives to ensure sustained growth and innovation in its operations.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Lockheed Martin Corp (LMT, Financial) is $527.62 with a high estimate of $670.00 and a low estimate of $424.00. The average target implies an upside of 14.72% from the current price of $459.92. More detailed estimate data can be found on the Lockheed Martin Corp (LMT) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Lockheed Martin Corp's (LMT, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Lockheed Martin Corp (LMT, Financial) in one year is $562.55, suggesting a upside of 22.32% from the current price of $459.915. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Lockheed Martin Corp (LMT) Summary page.