
Lockheed Martin (LMT) Stock Forecast & Price Target
Lockheed Martin (LMT) Analyst Ratings
Bulls say
Lockheed Martin is projected to experience a positive trajectory in operational margins, with expectations of expansion by approximately 10-20 basis points annually, potentially reaching 11% by 2027. The company reported a 0.6% year-over-year increase in segment revenue for 2023, equating to $16.2 billion, and significant growth in F-35 sustainment revenue, anticipated to rise at a 10% compound annual growth rate through 2030. Furthermore, enhanced defense spending in Europe and opportunities from key missile programs are anticipated to further bolster the company's revenue, establishing a solid foundation for sustained growth in the coming years.
Bears say
The analysis of Lockheed Martin's financial outlook reveals a concerning trend, with after-tax earnings per share projected to decline from a high of $5.81 in 2021 to approximately $4.75 in 2024. Additionally, the defense sector has experienced a significant downturn, with a 19.2% decline since mid-November 2024, accompanied by a compression in the sector's price-to-earnings multiple to 0.82x, which is below its historical average. Operating margins have also deteriorated from 11% in 2019 to 9.5% in 2024, influenced by inflationary pressures and other operational challenges that are likely to dampen overall revenue growth expectations.
This aggregate rating is based on analysts' research of Lockheed Martin and is not a guaranteed prediction by Public.com or investment advice.
Lockheed Martin (LMT) Analyst Forecast & Price Prediction
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