Lockheed Martin Corporation (LMT)

Lockheed Martin Corporation is a U.S.-based aerospace and defense company listed on the New York Stock Exchange under the ticker LMT. As common equity in the company, the shares represent ownership in an issuer focused on the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. Its operations span the United States and international markets, including Europe, Asia, and the Middle East.

The company reports through four business segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. These segments cover areas such as combat and air mobility aircraft, unmanned air vehicles, air and missile defense systems, tactical missiles, helicopters, radar and laser systems, command and control solutions, satellites, and classified national security programs. Lockheed Martin serves primarily the U.S. government, along with international customers and foreign military sales arranged through the U.S. government.

Founded in 1912 and headquartered in Bethesda, Maryland, the company adopted its current name in March 1995.


Jump directly to the stock analysis sections supported by the latest available data.

Data update note: Fair value and stock analysis metrics are updated after regular market sessions when new data becomes available.
Ticker Fair Value Fair Value Upside/Downside Fair Value Rating Analyst Price Target Analyst Target Upside/Downside Analyst Target Rating Overall Financial Health Dividend Payment Date Dividend Yield Next Earnings Date P/E Ratio Price-to-Book Ratio Price-to-Sales Ratio Market Cap Enterprise Value Total Debt / Total Capital Free Float / Shares Outstanding Altman Z-Score Payout Ratio Free Cash Flow / Net Income
NYSE-LMT
$634.96
19.0% Upside
Undervalued
$640.22
20.0% Upside
Undervalued
Good
September 25, 2026
2.6%
October 27, 2026
19.8x
14.2x
1.6x
123.1 B
140.9 B
14.2%
85.5%
4.1
50.5%
138.8%
Valuation • Fair Value

Lockheed Martin Corporation (NYSE-LMT) Fair Value by Valuation Model

Review the available estimates for Lockheed Martin Corporation (NYSE-LMT), including DCF Fair Value, Ben Graham Formula Value, DDM Fair Value, EPV Fair Value, Comps Fair Value.

Primary Valuation Read

Fair Value

$634.96

Estimated upside of 19.0% versus the current market price.

Fair Value Confidence

High

Confidence level for the primary fair value estimate.

DCF Fair Value

$644.35

Discounted cash flow valuation reference.

Ben Graham Formula Value

$302.26

Classic Ben Graham valuation formula reference.

DDM Fair Value

$950.10

Dividend discount model valuation reference.

EPV Fair Value

$396.46

Earnings power value estimate.

Comps Fair Value

$560.26

Comparable-company valuation reference.

Analyst Price Target

$640.22

Analysts imply upside of 20.0%.

How to read these valuation models

Use the 8 available valuation references for Lockheed Martin Corporation (NYSE-LMT) as analytical inputs, not a standalone conclusion. Valuation methods can differ because they rely on different assumptions, time horizons and financial inputs; compare the estimates with the current price and the company’s financial quality.

Profitability • Growth

Profitability & Growth for Lockheed Martin Corporation (NYSE-LMT)

Review the profitability and growth indicators currently supported by the latest data.

Revenue

77.014 B

Current operating scale indicator.

Revenue Forecast

81.056 B

Forward revenue estimate.

EBITDA

9.68 B

Current operating profitability reference.

EBITDA Forecast

11.359 B

Forward operating profitability estimate.

How to read profitability and growth

This section helps investors review Lockheed Martin Corporation (NYSE-LMT) from an operating perspective by combining current scale, forward revenue expectations and EBITDA-related profitability measures.

Quality • Risk

Quality & Financial Risk for Lockheed Martin Corporation (NYSE-LMT)

Review the financial quality and risk indicators currently supported by the latest data.

Financial Health

Good

Positive financial-health read.

Piotroski Score

9

Relatively strong quality score.

Beneish M-Score

-2.99

No elevated caution signal from this screen.

Altman Z-Score

4.1

Relatively strong balance-sheet zone.

FCF / Net Income

138.8%

Cash conversion quality indicator.

How to read quality and risk

This section combines quality, balance-sheet and accounting-risk indicators for Lockheed Martin Corporation (NYSE-LMT). Read the metrics together: no single score is a complete investment conclusion, but the combined view can highlight financial strength, earnings quality and areas that may deserve closer review.

Events • Dividends

Upcoming Events & Dividends for Lockheed Martin Corporation (NYSE-LMT)

Track the upcoming dates and dividend metrics currently supported by the latest data.

Next Earnings Date

October 27, 2026

Days to Earnings

39

Dividend Payment Date

September 25, 2026

Dividend Yield

2.6%

Current income yield reference.

Payout Ratio

50.5%

Dividend payout reference.

How to read events and dividends

This section helps investors track time-sensitive items for Lockheed Martin Corporation (NYSE-LMT), including the next earnings date and dividend-related milestones. These items can matter for short-term volatility, income planning and event-driven positioning.

Stock Forecast • Technical Outlook

Lockheed Martin Corporation (NYSE-LMT) Stock Forecast & Technical Outlook

Review Lockheed Martin Corporation (NYSE-LMT) across multiple technical time frames, alongside analyst recommendation data, to form a faster read on market positioning and near-term sentiment.

Technical Signals by Time Frame

Switch between time frames to review the current technical signal for the stock.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 15-minute • intraday
Strong Buy

The 15-minute technical read for Lockheed Martin Corporation (NYSE-LMT) is currently Strong Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: 1-hour • short-term
Buy

The 1-hour technical read for Lockheed Martin Corporation (NYSE-LMT) is currently Buy. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: daily • daily
Strong Sell

The daily technical read for Lockheed Martin Corporation (NYSE-LMT) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: weekly • weekly
Strong Sell

The weekly technical read for Lockheed Martin Corporation (NYSE-LMT) is currently Strong Sell. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Strong Sell Sell Neutral Buy Strong Buy
Time frame: monthly • monthly
Neutral

The monthly technical read for Lockheed Martin Corporation (NYSE-LMT) is currently Neutral. Use it as a timing signal only, and compare it with valuation, fundamentals and upcoming events before drawing a broader view.

Analyst Consensus for Lockheed Martin Corporation (NYSE-LMT)

A consolidated view of buy, hold and sell recommendations based on the currently available analyst data.

Strong Sell Sell Neutral Buy Strong Buy
Consolidated analyst recommendation mix
Hold

Based on the available recommendation mix, Lockheed Martin Corporation (NYSE-LMT) has a Hold consensus, with 6 buy, 11 hold and 1 sell recommendations in the current data set.

Buy 6
Hold 11
Sell 1
FAQ Fast Investor Answers

Lockheed Martin Corporation (NYSE-LMT) Stock FAQ

Data-supported answers about Lockheed Martin Corporation (NYSE-LMT), including explicit coverage status where a reliable valuation estimate is not currently available.

Fair Value
$634.96
Estimated upside 19.0%
Valuation Rating
Undervalued
Estimated upside of 19.0%
Analyst Target
$640.22
Implied upside 20.0%
Financial Health
Good
Current financial-health read

The current fair value estimate for Lockheed Martin Corporation (NYSE-LMT) is $634.96. This implies an estimated upside of 19.0% versus the current market price.

Based on the current fair value estimate, the stock appears undervalued, with estimated upside of 19.0% versus the current market price.

The available analyst price target for Lockheed Martin Corporation (NYSE-LMT) is $640.22. The analyst target implies estimated upside of 20.0%.

The current financial health read for Lockheed Martin Corporation (NYSE-LMT) is Good. This should be reviewed alongside valuation, profitability, debt and cash-flow quality metrics.

The next earnings date currently listed for Lockheed Martin Corporation (NYSE-LMT) is October 27, 2026.

Based on the current data, dividend yield is 2.6%, payment date is September 25, 2026.

The current P/E ratio listed for Lockheed Martin Corporation (NYSE-LMT) is 19.8x. Use it together with growth, margins and sector comparisons rather than as a standalone valuation signal.

The current market capitalization listed for Lockheed Martin Corporation is 123.1 B.

The current enterprise value listed for Lockheed Martin Corporation is 140.9 B. Enterprise value can provide a broader valuation view than market capitalization alone because it also considers net debt.

The ticker symbol for Lockheed Martin Corporation is NYSE-LMT, and the stock is listed on NYSE.

Lockheed Martin Corporation (NYSE-LMT) is listed on NYSE.

The current debt-to-total-capital ratio listed for Lockheed Martin Corporation is 14.2%, which helps investors evaluate the company’s financing structure and leverage profile.

The free float listed for Lockheed Martin Corporation is 85.5%. Free float helps investors understand how much of the share base is available for public trading.