Lockheed Martin Corporation (LMT) Stock Forecast
LMT analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.70 / 5 from 23 analysts
- Price target
- $618.86 average of analyst targets
- Upside to target
- +12.1% from the latest close
- Next earnings
- October 22, 2026 EPS estimate $7.49
- 52-week range
- $439.19 – $676.70
LMT analyst ratings
23 analystsNumber of analysts at each rating.
LMT price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
LMT earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $7.52 | $7.12 | $7.87 | $6.95 | +8.2% | 16 |
| Current fiscal year (2026) | $30.42 | $30.00 | $30.91 | $21.49 | +41.5% | 19 |
| Next fiscal year (2027) | $32.73 | $30.66 | $35.02 | $30.42 | +7.6% | 19 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
LMT revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $20.46B | $19.79B | $20.87B | +10.0% | 18 |
| Current fiscal year (2026) | $80.99B | $79.80B | $81.48B | +7.9% | 21 |
| Next fiscal year (2027) | $85.60B | $81.76B | $88.48B | +5.7% | 20 |
LMT EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
LMT revenue: reported and forecast
LMT EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $7.60 | $7.57 | $7.55 | $7.56 | $7.52 | −1.1% | 1 up · 4 down |
| Current fiscal year (2026) | $29.89 | $30.46 | $30.48 | $30.44 | $30.42 | +1.8% | 1 up · 4 down |
| Next fiscal year (2027) | $32.13 | $32.69 | $32.76 | $32.74 | $32.73 | +1.9% | 5 up · 0 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
LMT earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; LMT beat in 9 of 12.
What analysts expect from LMT
23 analysts cover Lockheed Martin; their consensus rating is buy (3.70 on a 1–5 scale, where 5 is a strong buy). The average price target is $618.86, 12.1% above the latest close of $552.09. Analysts expect earnings of $30.42 per share for 2026, +41.5% from a year earlier. For 2027 the average estimate is $32.73 per share on revenue of $85.6 billion. Lockheed Martin beat the EPS estimate in 9 of the last 12 quarters.
Related: LMT income statement, LMT key metrics, LMT chart. See the LMT stock overview for the latest quote and news.
LMT forecast FAQ
What is Lockheed Martin's price target?
The average analyst price target for Lockheed Martin is $618.86, 12.1% above the latest close of $552.09.
Is Lockheed Martin a buy, hold or sell?
Of 23 analysts covering Lockheed Martin, 8 rate it a strong buy, 2 a buy, 12 a hold, 0 a sell and 1 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Lockheed Martin's EPS forecast?
Analysts forecast $30.42 per share for 2026 (range $30.00 to $30.91); for 2027 the estimate is $32.73.
What is Lockheed Martin's revenue forecast?
The average revenue estimate for 2026 is $81.0 billion, growth of 7.9%; for 2027 it is $85.6 billion.
When does Lockheed Martin report earnings?
Lockheed Martin is expected to report results for the quarter ending September 30, 2026 on October 22, 2026 before the market opens; the EPS estimate is $7.49.
Does Lockheed Martin usually beat earnings estimates?
Lockheed Martin reported EPS at or above the analyst estimate in 9 of the last 12 quarters.