BNP Paribas Exane Lowers Lockheed Martin (NYSE:LMT) Price Target to $680.00

Lockheed Martin (NYSE:LMT) had its target price dropped by equities researchers at BNP Paribas Exane from $770.00 to $680.00 in a report released on Friday,MarketScreener reports. The firm presently has an “outperform” rating on the aerospace company’s stock. BNP Paribas Exane’s price objective suggests a potential upside of 32.50% from the stock’s current price.

Other analysts also recently issued research reports about the stock. Sanford C. Bernstein increased their target price on shares of Lockheed Martin from $654.00 to $661.00 and gave the stock a “market perform” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a research report on Friday. Wall Street Zen downgraded shares of Lockheed Martin from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 22nd. Wells Fargo & Company started coverage on shares of Lockheed Martin in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $650.00 target price for the company. Finally, TD Cowen increased their target price on shares of Lockheed Martin from $600.00 to $670.00 and gave the stock a “hold” rating in a research report on Friday, January 30th. Seven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $634.95.

Lockheed Martin Trading Down 3.1%

NYSE LMT opened at $513.21 on Friday. Lockheed Martin has a 12 month low of $410.11 and a 12 month high of $692.00. The company has a 50-day moving average of $628.34 and a 200-day moving average of $553.22. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.14 and a quick ratio of 0.94. The company has a market cap of $118.27 billion, a P/E ratio of 24.85, a P/E/G ratio of 0.95 and a beta of 0.23.

Lockheed Martin (NYSE:LMT) last posted its quarterly earnings data on Thursday, April 23rd. The aerospace company reported $6.44 EPS for the quarter, missing analysts’ consensus estimates of $6.79 by ($0.35). Lockheed Martin had a net margin of 6.38% and a return on equity of 101.64%. The company had revenue of $18.02 billion for the quarter, compared to analyst estimates of $18.38 billion. During the same period in the prior year, the company earned $7.28 EPS. The company’s revenue was up .3% compared to the same quarter last year. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, equities analysts predict that Lockheed Martin will post 29.97 earnings per share for the current year.

Institutional Trading of Lockheed Martin

Several large investors have recently bought and sold shares of the company. Cerro Pacific Wealth Advisors LLC grew its position in Lockheed Martin by 1.2% in the fourth quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock valued at $665,000 after acquiring an additional 16 shares in the last quarter. Garner Asset Management Corp grew its position in Lockheed Martin by 0.9% in the fourth quarter. Garner Asset Management Corp now owns 1,735 shares of the aerospace company’s stock valued at $839,000 after acquiring an additional 16 shares in the last quarter. Davis R M Inc. grew its position in Lockheed Martin by 1.3% in the fourth quarter. Davis R M Inc. now owns 1,264 shares of the aerospace company’s stock valued at $612,000 after acquiring an additional 16 shares in the last quarter. Broadway Wealth Solutions Inc. grew its position in Lockheed Martin by 3.6% in the fourth quarter. Broadway Wealth Solutions Inc. now owns 484 shares of the aerospace company’s stock valued at $234,000 after acquiring an additional 17 shares in the last quarter. Finally, Aspire Growth Partners LLC grew its position in Lockheed Martin by 0.7% in the fourth quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock valued at $1,217,000 after acquiring an additional 17 shares in the last quarter. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin News Summary

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

• Positive Sentiment: Pentagon planning to raise F‑35 purchases. Proposed increases in USAF and Navy buys through 2030–31 could lift future F‑35 production volumes and revenue for Lockheed. Pentagon Plans Boost to F‑35 Orders
• Positive Sentiment: Peru agreed to buy 12 F‑16 Block 70 jets — a direct commercial sale that supports near‑term aircraft revenue and international aftermarket/upgrade opportunities. Peru Selects F‑16 Block 70
• Positive Sentiment: Lockheed picked up roles in U.S. missile‑defense programs (including the multi‑company “Golden Dome” awards) and DOD contracts to replenish Patriot inventories — supports sustained demand in missile & munitions franchises. Golden Dome Program Coverage Patriot Stockpile Report
• Neutral Sentiment: Q1 results included an FY‑2026 EPS range that largely reaffirmed guidance; that limits downside from a guidance shock but leaves execution risk on production and cash flow. Q1 Financial Results
• Neutral Sentiment: Positive program PR (Orion crewed flight, GPS III support) bolsters long‑term aerospace credibility but is less material to near‑term cash flow. Program/PR Coverage
• Negative Sentiment: Q1 miss on EPS ($6.44 vs. Street) and revenue shortfall; free cash flow turned negative and Lockheed cited production delays and fixed‑price contract pressure — the immediate catalyst for selling pressure. Q1 Results Coverage
• Negative Sentiment: Multiple analysts trimmed price targets (BNP Paribas Exane, RBC, Morgan Stanley, Deutsche Bank, Susquehanna), reflecting increased execution/cash‑flow risk and tempering near‑term upside. Analyst PT Changes
• Negative Sentiment: Investor focus on cash burn and program delays increases short‑term volatility despite healthy backlog; near‑term valuation will track execution and whether cash flow recovers. Execution Risk Coverage

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.