TD Cowen Forecasts Strong Price Appreciation for Lockheed Martin (NYSE:LMT) Stock

Lockheed Martin (NYSE:LMT) had its price target upped by TD Cowen from $600.00 to $670.00 in a research report issued to clients and investors on Friday, Marketbeat.com reports. The firm presently has a “hold” rating on the aerospace company’s stock. TD Cowen’s price objective indicates a potential upside of 5.63% from the company’s current price.

Several other research analysts have also commented on LMT. UBS Group upped their price objective on shares of Lockheed Martin from $513.00 to $580.00 and gave the stock a “neutral” rating in a report on Thursday, January 15th. Susquehanna reiterated a “positive” rating and set a $660.00 price target on shares of Lockheed Martin in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Lockheed Martin from $492.00 to $611.00 and gave the stock a “hold” rating in a report on Friday. Wall Street Zen downgraded Lockheed Martin from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 13th. Finally, BNP Paribas Exane increased their target price on Lockheed Martin from $550.00 to $570.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Five research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Lockheed Martin presently has a consensus rating of “Hold” and an average price target of $577.29.

Lockheed Martin Trading Up 1.9%

NYSE LMT opened at $634.31 on Friday. The stock has a market cap of $146.78 billion, a P/E ratio of 29.52, a price-to-earnings-growth ratio of 1.78 and a beta of 0.24. Lockheed Martin has a fifty-two week low of $410.11 and a fifty-two week high of $645.67. The stock has a 50 day simple moving average of $509.69 and a two-hundred day simple moving average of $480.88. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.97 and a current ratio of 1.09.

Lockheed Martin (NYSE:LMT) last posted its earnings results on Thursday, January 29th. The aerospace company reported $5.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $6.33 by ($0.53). Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The business had revenue of $20.32 billion for the quarter, compared to analysts’ expectations of $19.84 billion. During the same period last year, the firm posted $7.67 earnings per share. Lockheed Martin’s quarterly revenue was up 9.1% on a year-over-year basis. On average, analysts forecast that Lockheed Martin will post 27.15 earnings per share for the current year.

Institutional Trading of Lockheed Martin

Hedge funds and other institutional investors have recently made changes to their positions in the stock. United Financial Planning Group LLC bought a new stake in Lockheed Martin in the third quarter worth $25,000. Barnes Dennig Private Wealth Management LLC increased its holdings in shares of Lockheed Martin by 285.7% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of Lockheed Martin in the 3rd quarter worth about $27,000. Mid American Wealth Advisory Group Inc. bought a new position in Lockheed Martin in the 2nd quarter worth about $28,000. Finally, Twin Peaks Wealth Advisors LLC purchased a new stake in Lockheed Martin during the 2nd quarter valued at about $29,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Trending Headlines about Lockheed Martin

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

• Positive Sentiment: Company outlook and defense demand — Lockheed gave an upbeat 2026 profit/revenue outlook and cited strong fighter-jet and missile demand alongside a record backlog that supports multi‑year revenue visibility. Reuters: Lockheed Martin forecasts upbeat 2026 profit, revenue
• Positive Sentiment: THAAD and production ramp — Lockheed signed a framework to quadruple THAAD interceptor output (to ~400/year) and will expand munitions capacity, a clear revenue/margin tailwind if sustained. PR Newswire: Lockheed Martin and U.S. Department of War sign framework agreement
• Positive Sentiment: Analyst price-target lifts — Several firms raised targets this morning (Truist to $695, JPMorgan to $680, TD Cowen to $670, RBC to $650), supporting the stock’s upside narrative. MarketScreener: Truist raises price target MarketScreener: JPMorgan raises price target MarketScreener: TD Cowen raises price target MarketScreener: RBC raises price target
• Neutral Sentiment: Q4 results were mixed — revenue and cash flow were strong and backlog is record‑high, but reported EPS comparisons and some measure revisions caused mixed headlines; investors are weighing growth vs. margin/earnings trajectory. PR Newswire: Q4 and FY2025 results
• Neutral Sentiment: FY2026 guidance: narrow differences vs. consensus — management issued EPS guidance of 29.35–30.25 and revenue guidance roughly $77.5B–$80.0B, close to Street expectations but leaving little margin for surprise; this reduces forecast risk but limits upside if growth slows. Reuters: Guidance details
• Negative Sentiment: Some analyst caution remains — Deutsche Bank raised its target but still implies a modest downside versus current levels, showing not all brokers see large incremental upside. MarketScreener: Deutsche Bank raises target but below current price
• Negative Sentiment: Insider selling flagged — recent disclosed insider sales (no purchases) could be read as minor negative signal for sentiment or liquidity needs. QuiverQuant: Q4 earnings and insider activity

About Lockheed Martin

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.