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

Lockheed Martin (NYSE:LMT) had its target price lifted by equities research analysts at Citigroup from $673.00 to $675.00 in a research report issued on Wednesday, Marketbeat.com reports. The brokerage presently has a “neutral” rating on the aerospace company’s stock. Citigroup’s target price would indicate a potential upside of 8.34% from the stock’s previous close.

LMT has been the topic of several other reports. DZ Bank cut Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price objective on the stock. in a research note on Tuesday, February 3rd. Morgan Stanley set a $675.00 target price on shares of Lockheed Martin in a research note on Wednesday, February 4th. UBS Group raised their price target on shares of Lockheed Martin from $580.00 to $663.00 and gave the stock a “neutral” rating in a research report on Monday, February 2nd. Argus lifted their price target on shares of Lockheed Martin from $530.00 to $735.00 and gave the company a “buy” rating in a report on Friday, March 6th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $654.00 price objective on shares of Lockheed Martin in a research report on Friday, February 6th. Seven analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Lockheed Martin has an average rating of “Hold” and an average price target of $634.74.

Lockheed Martin Stock Up 0.9%

Shares of Lockheed Martin stock opened at $623.03 on Wednesday. The business has a 50-day moving average price of $635.57 and a 200 day moving average price of $540.80. Lockheed Martin has a fifty-two week low of $410.11 and a fifty-two week high of $692.00. The firm has a market cap of $143.58 billion, a P/E ratio of 28.99, a P/E/G ratio of 1.11 and a beta of 0.23. The company has a quick ratio of 0.94, a current ratio of 1.09 and a debt-to-equity ratio of 3.05.

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

Hedge Funds Weigh In On Lockheed Martin

Several hedge funds and other institutional investors have recently modified their holdings of LMT. Basso Capital Management L.P. bought a new stake in Lockheed Martin in the 4th quarter valued at about $25,000. United Financial Planning Group LLC bought a new position in Lockheed Martin in the 3rd quarter worth about $25,000. Clarity Asset Management Inc. acquired a new stake in shares of Lockheed Martin in the fourth quarter valued at approximately $26,000. Triumph Capital Management increased its stake in shares of Lockheed Martin by 66.7% in the fourth quarter. Triumph Capital Management now owns 55 shares of the aerospace company’s stock valued at $26,000 after purchasing an additional 22 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC raised 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 buying an additional 40 shares during the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

More Lockheed Martin News

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

• Positive Sentiment: Lockheed-built Orion spacecraft launched on NASA’s Artemis II, spotlighting LMT’s space execution, program revenue prospects and ongoing prime-contractor role on high‑visibility missions. Lockheed Martin-built Orion Spacecraft Sends Astronauts Moonward
• Positive Sentiment: The Pentagon disclosed a multi-year framework that includes Boeing and Lockheed, reinforcing expectations for sustained defense spending and multi-year revenue visibility for major primes. Boeing Gains 5%, Lockheed Martin Up 2%
• Positive Sentiment: Analysts and industry reports say LMT is expanding missile production—adding facilities and supply‑chain upgrades to meet rising global demand—supporting upside to its missiles & fire‑control segment. Is Lockheed Martin Expanding Its Missile Production Capacity?
• Positive Sentiment: Zacks highlights LMT as a strong value stock under its style scores, which can attract value-oriented investors given the company’s dividend, cash flows and P/E profile. Here’s Why Lockheed Martin (LMT) is a Strong Value Stock
• Positive Sentiment: Suppliers like Redwire confirmed components and sensors on Orion via contracts with Lockheed, validating supply‑chain activity tied to LMT’s space programs. Redwire Cameras And Sensors Put At Center Of Artemis II Story
• Neutral Sentiment: Citigroup raised its price target on LMT to $675 but kept a “neutral” rating — a modest indicator of upside from current levels but not a buy call. Citigroup Adjusts Price Target on Lockheed Martin
• Neutral Sentiment: Wells Fargo initiated coverage / set an equal‑weight (hold) rating with a ~$650 target — signals institutional interest but not a bullish upgrade. Lockheed Martin Coverage Initiated by Analysts at Wells Fargo & Company
• Neutral Sentiment: Lockheed announced the Q1 2026 earnings webcast date (April 23), a routine event that could move the stock depending on guidance and results. Lockheed Martin Announces First-Quarter 2026 Earnings Results Webcast
• Negative Sentiment: Political noise — coverage noting President Trump’s comments about NATO and defense policy — raises policy uncertainty that can create short‑term volatility for defense contractors including LMT. Trump Toys With NATO Exit: Defense Stocks In The Crosshairs

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.