Lockheed Martin Q1 EPS Forecast Lowered by Zacks Research

Lockheed Martin Corporation (NYSE:LMT) – Investment analysts at Zacks Research dropped their Q1 2026 EPS estimates for Lockheed Martin in a research note issued to investors on Wednesday, January 14th. Zacks Research analyst Team now expects that the aerospace company will post earnings per share of $6.88 for the quarter, down from their previous estimate of $6.94. The consensus estimate for Lockheed Martin’s current full-year earnings is $27.15 per share. Zacks Research also issued estimates for Lockheed Martin’s Q1 2027 earnings at $6.40 EPS.

LMT has been the subject of a number of other research reports. UBS Group boosted their target price on shares of Lockheed Martin from $513.00 to $580.00 and gave the stock a “neutral” rating in a research note on Thursday. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $515.00 price objective (up previously from $465.00) on shares of Lockheed Martin in a report on Friday, December 19th. Weiss Ratings reissued a “hold (c)” rating on shares of Lockheed Martin in a research report on Wednesday, October 8th. Truist Financial set a $605.00 price target on Lockheed Martin and gave the company a “buy” rating in a report on Friday, January 9th. Finally, Sanford C. Bernstein reissued a “market perform” rating and set a $586.00 price objective on shares of Lockheed Martin in a report on Monday. Two investment analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $538.53.

Lockheed Martin Stock Performance

Shares of Lockheed Martin stock opened at $581.62 on Friday. The business has a 50-day simple moving average of $483.17 and a 200-day simple moving average of $471.77. The company has a debt-to-equity ratio of 3.32, a quick ratio of 0.97 and a current ratio of 1.13. Lockheed Martin has a one year low of $410.11 and a one year high of $582.93. The company has a market cap of $134.59 billion, a PE ratio of 32.47, a P/E/G ratio of 1.65 and a beta of 0.24.

Lockheed Martin (NYSE:LMT) last announced its quarterly earnings data on Tuesday, October 21st. The aerospace company reported $6.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.33 by $0.62. Lockheed Martin had a return on equity of 111.84% and a net margin of 5.73%.The business had revenue of $18.61 billion for the quarter, compared to analysts’ expectations of $18.45 billion. During the same period last year, the firm earned $6.84 earnings per share. The company’s revenue for the quarter was up 8.8% compared to the same quarter last year. Lockheed Martin has set its FY 2025 guidance at 22.150-22.350 EPS.

Insider Buying and Selling

In other news, COO John Frank A. St sold 7,792 shares of the stock in a transaction dated Thursday, October 23rd. The shares were sold at an average price of $491.04, for a total transaction of $3,826,183.68. Following the completion of the sale, the chief operating officer owned 1 shares in the company, valued at approximately $491.04. This represents a 99.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.14% of the company’s stock.

Institutional Trading of Lockheed Martin

A number of hedge funds have recently added to or reduced their stakes in the stock. McGlone Suttner Wealth Management Inc. increased its stake in Lockheed Martin by 2.0% in the 4th quarter. McGlone Suttner Wealth Management Inc. now owns 985 shares of the aerospace company’s stock valued at $476,000 after buying an additional 19 shares during the period. Wealth Advisory Solutions LLC increased its stake in shares of Lockheed Martin by 3.7% during the fourth quarter. Wealth Advisory Solutions LLC now owns 554 shares of the aerospace company’s stock worth $268,000 after acquiring an additional 20 shares during the period. Old North State Wealth Management LLC increased its stake in shares of Lockheed Martin by 2.0% during the third quarter. Old North State Wealth Management LLC now owns 1,073 shares of the aerospace company’s stock worth $539,000 after acquiring an additional 21 shares during the period. Investment Advisory Services Inc. TX ADV raised its holdings in Lockheed Martin by 4.7% during the second quarter. Investment Advisory Services Inc. TX ADV now owns 486 shares of the aerospace company’s stock worth $225,000 after purchasing an additional 22 shares in the last quarter. Finally, Broadway Wealth Solutions Inc. lifted its position in Lockheed Martin by 4.5% in the second quarter. Broadway Wealth Solutions Inc. now owns 511 shares of the aerospace company’s stock valued at $237,000 after purchasing an additional 22 shares during the period. 74.19% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Lockheed Martin

Here are the key news stories impacting Lockheed Martin this week:

• Positive Sentiment: Analyst price-target lift — TD Cowen raised its price target to $600 (maintained a Hold), signaling incremental analyst conviction and giving investors a higher reference for upside. TD Cowen Adjusts Price Target on Lockheed Martin
• Positive Sentiment: Defense-sector bullish narrative — MarketBeat’s “2026 Survival Kit” highlights Lockheed as a core defense holding tied to a large proposed FY2027 defense budget and recent contract wins (e.g., PAC-3 MSE missile awards). That narrative supports demand for LMT as a defensive, revenue-stable name. The 2026 Survival Kit: Gold, Defense, and Trash
• Positive Sentiment: Momentum/technical interest — Retail/quant outlets flagged a rise in LMT’s relative strength (RS) rating, which can attract momentum and ETF flows. Lockheed Martin Stock Sees RS Rating Rocket Higher
• Neutral Sentiment: Mixed Zacks estimate revisions — Zacks issued several updates: it lowered near-term quarterly EPS for some early quarters (Q1 2026 and Q1 2027) while raising other quarterly or full-year forecasts (FY2026, some Q4/Q4 2026 estimates). The net effect is mixed — slightly cautionary for short-term guidance but not a consensus downward revision for full-year earnings. Zacks Research LMT Estimate Updates
• Neutral Sentiment: Longer-term tech/ops focus — The WSJ piece on Lockheed’s CIO highlights AI and centralization of tech strategy; this supports longer-term efficiency and modernization but is unlikely to move near-term earnings materially. Lockheed Martin CIO Says AI Is Remaking Her Role
• Positive Sentiment: Project-specific bullishness — Commentary (Seeking Alpha) arguing that strategic programs like the “Golden Dome” are now critical may drive investor focus on backlog and program optionality, supporting the bullish case for sustained defense revenues. Lockheed Martin: Why The Golden Dome Project Is Now Critical For The Stock
• Negative Sentiment: Technical/short-term risk — Benzinga’s technical note flags LMT as overbought and approaching resistance, suggesting a momentum-driven pullback is possible even as fundamentals remain strong. Traders may take profits near recent highs. Is This The Top For Lockheed Martin?

Lockheed Martin Company Profile

Lockheed Martin Corporation (NYSE: LMT) is a global aerospace and defense company that designs, develops and manufactures advanced technology systems for government and commercial customers. Formed through the 1995 merger of Lockheed Corporation and Martin Marietta, the company is headquartered in Bethesda, Maryland, and focuses on providing integrated solutions across air, space, land and sea domains. Its primary customers include the U.S. Department of Defense, NASA and allied governments around the world.

Lockheed Martin’s product and service portfolio spans military aircraft, missile and fire-control systems, missile defense, space systems and satellite technologies, sensors and precision weapons.