Royal Bank Of Canada Issues Pessimistic Forecast for Lockheed Martin (NYSE:LMT) Stock Price

Lockheed Martin (NYSE:LMT) had its target price decreased by equities researchers at Royal Bank Of Canada from $650.00 to $575.00 in a report released on Friday, Marketbeat.com reports. The brokerage presently has a “sector perform” rating on the aerospace company’s stock. Royal Bank Of Canada’s target price indicates a potential upside of 12.13% from the company’s current price.

Several other research analysts also recently commented on LMT. Sanford C. Bernstein raised their price target on shares of Lockheed Martin from $654.00 to $661.00 and gave the stock a “market perform” rating in a research note on Tuesday. Robert W. Baird increased their target price on shares of Lockheed Martin from $550.00 to $640.00 and gave the stock an “outperform” rating in a report on Friday, January 16th. Truist Financial raised their price target on shares of Lockheed Martin from $605.00 to $695.00 and gave the company a “buy” rating in a report on Friday, January 30th. DZ Bank lowered shares of Lockheed Martin from a “buy” rating to a “hold” rating and set a $665.00 price objective for the company. in a research report on Tuesday, February 3rd. Finally, Morgan Stanley decreased their price objective on shares of Lockheed Martin from $675.00 to $653.00 and set an “equal weight” 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $632.32.

Lockheed Martin Trading Down 3.2%

Shares of LMT traded down $17.00 during midday trading on Friday, hitting $512.79. The stock had a trading volume of 310,120 shares, compared to its average volume of 1,742,698. Lockheed Martin has a 1 year low of $410.11 and a 1 year high of $692.00. The firm has a market cap of $118.18 billion, a PE ratio of 23.90, a price-to-earnings-growth ratio of 0.99 and a beta of 0.23. The company has a debt-to-equity ratio of 3.05, a current ratio of 1.09 and a quick ratio of 0.94. The stock’s 50 day moving average is $631.13 and its 200 day moving average is $552.93.

Lockheed Martin (NYSE:LMT) last announced its earnings results on Thursday, April 23rd. The aerospace company reported $6.44 earnings per share for the quarter, missing the consensus estimate of $6.79 by ($0.35). The firm had revenue of $18.02 billion during the quarter, compared to analysts’ expectations of $18.38 billion. Lockheed Martin had a net margin of 6.69% and a return on equity of 108.53%. The company’s revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the company posted $7.28 EPS. Lockheed Martin has set its FY 2026 guidance at 29.350-30.250 EPS. As a group, analysts forecast that Lockheed Martin will post 29.97 EPS for the current fiscal year.

Institutional Investors Weigh In On Lockheed Martin

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. United Financial Planning Group LLC acquired a new stake in Lockheed Martin during the 3rd quarter worth $25,000. Basso Capital Management L.P. acquired a new stake in Lockheed Martin during the 4th quarter worth $25,000. Barnes Dennig Private Wealth Management LLC boosted its stake in Lockheed Martin by 285.7% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 54 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 40 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in Lockheed Martin during the 3rd quarter worth $27,000. Finally, Clarity Asset Management Inc. acquired a new stake in Lockheed Martin during the 4th quarter worth $26,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin News Roundup

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

• Positive Sentiment: Peru agreed to buy 12 F‑16 Block 70 fighters, a direct contract win that supports near-term backlog and revenue visibility. Peru Selects Lockheed Martin F-16 Block 70
• Positive Sentiment: An analyst price-target bump (Sanford C. Bernstein to $661) gives analysts’ support for upside versus current levels and may underpin buying interest. Lockheed Martin Price Target Raised to $661.00
• Positive Sentiment: Macro tailwinds — surging global defense budgets and a growing U.S. missile/munitions agenda — keep long-term demand strong for Lockheed’s portfolio (supports medium/long-term revenue growth). Lockheed Martin vs. RTX: Defense Spending Is Surging
• Neutral Sentiment: Management reaffirmed FY‑2026 EPS guidance ($29.35–$30.25) and revenue range (~$77.5B–$80.0B); this limits downside from guidance cuts but leaves execution risk priced in. Lockheed Martin Reports First Quarter 2026 Financial Results
• Neutral Sentiment: Positive PR from the successful Orion crewed mission underscores program credibility (reputational benefit but limited immediate financial impact). Green Hills Congratulates NASA and Lockheed Martin on Orion
• Negative Sentiment: Q1 results missed expectations: EPS $6.44 vs. estimates ~ $6.79 and revenue $18.02B vs. ~$18.38B — this triggered selling pressure and raises short-term performance concerns. Lockheed Martin First-Quarter Results Miss Street Views
• Negative Sentiment: Free cash flow swung negative (~$(291)m) and executives cited production delays and higher costs on fixed‑price programs (F‑16, C‑130), elevating execution and margin risk. Lockheed Martin posts lower quarterly profit as delays weigh

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.