TD Cowen Lowers Lockheed Martin (NYSE:LMT) Price Target to $600.00

Lockheed Martin (NYSE:LMT) had its price target lowered by investment analysts at TD Cowen from $670.00 to $600.00 in a report released on Friday,MarketScreener reports. The brokerage currently has a “hold” rating on the aerospace company’s stock. TD Cowen’s price objective would indicate a potential upside of 16.91% from the company’s previous close.

Several other research analysts have also issued reports on LMT. Susquehanna cut their price target on Lockheed Martin from $740.00 to $700.00 and set a “positive” rating on the stock in a report on Friday. Deutsche Bank Aktiengesellschaft decreased their price objective on Lockheed Martin from $615.00 to $575.00 and set a “hold” rating for the company in a report on Friday. Royal Bank Of Canada lowered their target price on Lockheed Martin from $650.00 to $575.00 and set a “sector perform” rating on the stock in a research report on Friday. Wall Street Zen cut Lockheed Martin from a “buy” rating to a “hold” rating in a report on Saturday. Finally, BNP Paribas Exane reduced their price target on shares of Lockheed Martin from $770.00 to $680.00 and set an “outperform” rating for the company in a research report on Friday. Seven equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $634.95.

Lockheed Martin Trading Down 3.1%

LMT opened at $513.21 on Friday. The company has a fifty day moving average price of $628.34 and a two-hundred day moving average price of $553.22. Lockheed Martin has a 1-year low of $410.11 and a 1-year high of $692.00. The company has a market cap of $118.27 billion, a P/E ratio of 24.85, a price-to-earnings-growth ratio of 0.95 and a beta of 0.23. The company has a current ratio of 1.14, a quick ratio of 0.94 and a debt-to-equity ratio of 2.74.

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

Institutional Investors Weigh In On Lockheed Martin

Institutional investors have recently added to or reduced their stakes in the company. Cerro Pacific Wealth Advisors LLC boosted its stake in shares of Lockheed Martin by 1.2% in the 4th quarter. Cerro Pacific Wealth Advisors LLC now owns 1,376 shares of the aerospace company’s stock worth $665,000 after buying an additional 16 shares during the last quarter. Garner Asset Management Corp grew its holdings in shares of 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. increased its position in shares of Lockheed Martin by 1.3% during 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 during the last quarter. Broadway Wealth Solutions Inc. increased its position in shares of Lockheed Martin by 3.6% during 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 during the last quarter. Finally, Aspire Growth Partners LLC lifted its holdings in Lockheed Martin by 0.7% during the fourth quarter. Aspire Growth Partners LLC now owns 2,515 shares of the aerospace company’s stock worth $1,217,000 after acquiring an additional 17 shares during the period. 74.19% of the stock is owned by institutional investors.

Trending Headlines about Lockheed Martin

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

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.