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LMT

Lockheed Martin Corporation

LMT

NYSE·Industrials·Aerospace & Defense·Mkt cap $121.2B

$525.28

-1.44%

P/E

19.33

Mkt Cap

$121.2B

52-Wk Range

$437.25–$692.00

52-Week Range

$437.25 - $692.00

P/E

19.33

Fwd P/E

17.26

Beta

0.10

Div Yield

2.63%

Avg Vol

1.2M

Shares Out

230.6M

Mkt Cap

$121.2B

Price action

Price chart

Up 14.4% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Established government relationships
  • Advanced technological capabilities
  • Diversified defense and aerospace portfolio
  • Long-term defense contract stability

Bear Case

1 risk

  • Low volatility (beta 0.1).

Growth

Stable outlook

Increasing global military modernization

Value

Undervalued - trading well below Defense Prime Contractors peers

Momentum

Stable

+1.0% over 3m

Quality

Thin

Strong fundamentals

Dividend

Solid

2.63% yield

Earnings track record

Latest print - beat on both lines

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Oct 20, 2026

Q3 26 RECAP

JUL 23, 2026

Reported EPS of $7.94 vs $7.22 consensus (+10.0% surprise). Revenue of $20.1B vs $19.3B expected (+3.7%). Beat on both top and bottom lines.

EPS beat +10.0%
Rev beat +3.7%
Double beat

EPS surprise · last 4Q

1 of 1 beats

Estimate

Actual

Q3 26

+10.0%

Revenue trend · last 8Q

-1%

+4%

+0%

+9%

+9%

+0%

+11%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$17.1B

$18.6B

$18.0B

$18.2B

$18.6B

$20.3B

$18.0B

$20.1B

Margins · last 8Q

Gross

12.2%

Operating

12.4%

Profit

9.2%

Wall Street consensus

6 analysts · 33% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

2

33%

Hold

4

67%

Sell

0%

Median Price Target

Latest: Jefferies · Sep 2, 2026

vs Industry

How LMT stacks vs Aerospace & Defense

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.