Lockheed Martin Corporation(LMT)
NYSE
$499.22
-10.90 (-2.14%)

Lockheed Martin Corporation(LMT)Stock Price & Analysis
NYSE

LMT Stock Price Today (October 2026) — Lockheed Martin Corporation Analysis & Key Metrics 2026-10-07

Lockheed Martin Corporation (LMT) is trading at $499.22, down 2.14% today (as of October 2026). The stock continues to show pressure below major moving averages, attracting attention from investors looking for Industrials growth opportunities.

  • According to consensus analyst estimates, the 1-year price target is $636.74 (27.5% upside).
  • Volatility is low (12.89% annualized), implying relatively contained price movements for short-term traders.
  • The fundamental picture, based on the latest financial filings, is nuanced: solid revenue growth (10.50% YoY) alongside competitive pressures in the Aerospace & Defense space.

LMT Stock Analysis: Key Metrics & Valuation (October 2026)

Concise, actionable data for investors

Trend posture
Downtrend: below 50- and 200-day averages
Analyst 1Y target$636.74+27.5%
Volatility (30d ann.)12.89%Low
RSI (14-day)
26.78 (Oversold)
Debt$20.54B (2.34x D/E)

Lockheed Martin Corporation - Historical Price & Volume

$499.22
-80.86 (-13.94%)
  • Price
  • Volume
  • Latest price
Range: 2Y

Market Cap

$115.22B

Enterprise Value: $131.96B

P/E Ratio

19.52

Forward P/E: 17.15

Revenue Growth

+10.50%

Year over Year

Analyst Target

$636.74

+27.5% upside potential

Key Investor Questions About LMT

What investors need to know before buying

Is it a good time to buy LMT stock?

Based on current market data, LMT presents a oversold technical setup with mixed signals fundamentals.

  • Technicals say: Oversold (RSI 26.78)
  • Fundamentals say: Mixed signals (nuanced financial profile)
Can LMT sustain revenue growth in the Aerospace & Defense market?

LMT's growth trajectory depends on its ability to expand within the Aerospace & Defense sector while managing margin pressures.

  • Future growth will depend on performance in core Aerospace & Defense operations.
  • The ability to manage competitive pressures will be crucial for sustained growth.
What are the biggest risks facing LMT stock?

The primary risks for LMT investors include debt exposure and competitive dynamics in the Aerospace & Defense industry.

  • $20.54B in debt could be a headwind in a high-rate environment.
  • Fierce competition from established players in Aerospace & Defense.

52-Week Trading Range

52-Week Low$437.25
52-Week High$692.00
Current Price$499.22

Over the past year, LMT stock traded between $437.25 and $692.00 and currently trades in the middle of that range. Big swings are less likely unless a major catalyst emerges.

Volatility & Risk Profile

30-Day Volatility12.89%
Beta0.04
RSI (14-day)26.78

With 12.89% annualized volatility and β=0.04, the stock exhibits low sensitivity to market moves—making LMT suitable for investors comfortable with active risk management.

Institutional & Insider Ownership

Insider Ownership0.11%
Institutional Ownership76.59%
Shares Short2.41M

High institutional ownership with low short interest suggests steadier hands and low immediate risk.

Analyst Sentiment & Price Targets

Mean Target
$636.74
Upside Potential
+27.5%
Recommendation
buy
Analysts see strong upside potential with a target of $636.74. The 27.5% upside suggests optimistic growth expectations.

Latest News & Headlines

Recent headlines and coverage

24/7 Wall St.Sep 26, 2026

GD vs. LMT: Which Defense Dividend Stock Will Crush Retirement Income Goals?

Two battered defense giants, record backlogs, and sharply cheaper entry prices are tempting retirement income investors, but only one of these dividend payers has the cash flow history to keep the checks coming without drama.

Insider MonkeySep 26, 2026

Lockheed Martin (LMT) Gets First Patriot Parts From GM (GM). Can it Scale Missile Output?

On September 17, 2026, Reuters reported that Lockheed Martin Corporation (NYSE:LMT) received its first shipment of critical housing components for Patriot PAC-3 MSE interceptors from General Motors Company (NYSE:GM)’s defense unit. It was just 22 days after the two companies signed a manufacturing agreement on August 6. Lockheed said the components, delivered August 28, traditionally […]

ZacksSep 25, 2026

Lockheed Martin Corporation (LMT) is Attracting Investor Attention: Here is What You Should Know

Lockheed (LMT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

BarchartSep 25, 2026

A $1.2 Billion Reason to Buy Lockheed Martin Stock

Lockheed Martin’s $1.2 billion U.S. Army contract for its Precision Strike Missile could give LMT stock a fresh catalyst as the company ramps up production and expands its portfolio.

Simply Wall St.Sep 25, 2026

Lockheed Martin (LMT) Puts $10 Million Into Canada As Global Defense Deals Build

Lockheed Martin (NYSE:LMT) pledged a $10 million contribution to support the launch of Canada's integrated defence ecosystem. The defence contractor reported new international agreements, including Mexico's expansion of its C-130J Super Hercules fleet. Lockheed Martin reached an F-35A delivery milestone tied to Germany's procurement program, advancing allied airpower integration. The Canada defence ecosystem funding, Mexico Super Hercules order and German F-35A milestone are only part of the...

Insider MonkeySep 24, 2026

Could IBM (IBM) and Lockheed Martin (LMT)’s Quantum Bet Face a Long Road to Returns?

International Business Machines Corporation (NYSE:IBM) and Lockheed Martin Corporation (NYSE:LMT) have established a quantum innovation hub at ETH Zurich through an offset agreement with armasuisse, Switzerland’s Federal Office for Defence Procurement. The initiative will host Switzerland’s first IBM Quantum System Two, powered by IBM’s advanced Quantum Nighthawk processor, at the Swiss National Supercomputing Center in […]

Insider MonkeySep 23, 2026

Lockheed Martin (LMT) Is Spending Ahead on JATM. Will a Multiyear Contract Follow?

Lockheed Martin Corporation (NYSE:LMT) signed a framework agreement with the U.S. Department of War on September 17 to accelerate production of the AIM-260 Joint Advanced Tactical Missile (JATM). The weapon is described as the most sophisticated U.S. air-to-air system and a direct response to China’s air threat. The agreement provides a long-term demand signal and […]

ZacksSep 22, 2026

Lockheed Martin (LMT) Stock Moves -2.44%: What You Should Know

In the latest trading session, Lockheed Martin (LMT) closed at $522.34, marking a -2.44% move from the previous day.

Simply Wall St.Sep 22, 2026

What Do IBM (IBM) Lunar AI And Quantum Hub Moves Mean For Investors?

International Business Machines (NYSE: IBM) and NASA have released an open Lunar Foundation Model for scientific lunar research to the public. IBM, Lockheed Martin and ETH Zurich have created a quantum innovation hub to broaden access to quantum computing research and training. The ETH Zurich quantum hub is intended to support industrial use cases in areas such as materials science, financial services and aerospace. The open Lunar Foundation Model and the new ETH Zurich quantum hub matter,...

24/7 Wall St.Sep 22, 2026

Defense Stocks Fall While Oil Slides on Hormuz Reopening Report: Lockheed Martin and RTX Drop 3%, Boeing Dips

A Reuters report on Iran's Hormuz offer sent defense primes tumbling Tuesday morning, but the selloff in Lockheed Martin and RTX started long before today's headline, raising a harder question about what the market is actually pricing in.

Earnings snapshot

Next report Oct 22, 2026 (before the open)

EPS beat rate
73% (8/11)
Avg move after earnings
±5.0%
Options-implied move
—
Options vs history
—
LMT earnings history, charts and expected move

Frequently Asked Questions

Common investor questions about Lockheed Martin Corporation

Lockheed Martin Corporation (LMT) is currently trading at $499.22. The RSI (14-day) is at 26.8, indicating oversold territory (potentially undervalued). Wall Street analysts have a consensus "buy" recommendation. The mean analyst price target of $636.74 implies 27.5% upside from current levels. Volatility is low at 12.9% annualized, meaning price movements are relatively contained. Investors should consider their risk tolerance, investment horizon, and portfolio diversification before making a decision.

Based on current valuation metrics for Lockheed Martin Corporation (LMT): The trailing P/E ratio is 19.52, which is in line with broader market averages. The forward P/E is 17.15, lower than the trailing P/E, suggesting analysts expect earnings improvement. The PEG ratio is 1.17, near 1.0, suggesting roughly fair value relative to growth. Price-to-Book is 13.89. Price-to-Sales is 1.59. Valuation should be compared to Aerospace & Defense industry peers for context, as different sectors trade at different multiples.

Based on 19 analysts covering LMT, the consensus price target is $636.74. This represents a 27.5% upside from the current price of $499.22. The range spans from a low target of $503.00 to a high target of $756.00, reflecting varying levels of optimism among analysts. The consensus recommendation is "buy". Note: Analyst price targets are forward-looking estimates and not guarantees of future performance.

Yes, Lockheed Martin Corporation (LMT) pays a dividend with a current yield of approximately 2.76%. The annualized dividend rate is $13.65 per share. The payout ratio is 50.3%, which is moderate and suggests adequate earnings coverage for the dividend. The most recent ex-dividend date was Sep 1, 2026.

Key risks for Lockheed Martin Corporation (LMT) investors include: 1. Elevated debt levels (debt-to-equity of 2.34x) which could pressure margins in a rising rate environment. 2. Broader market and macroeconomic risks (interest rates, inflation, geopolitical events). 3. Aerospace & Defense sector-specific competitive pressures. Investors should diversify and consider their risk tolerance before investing.

Here is Lockheed Martin Corporation's (LMT) current debt and financial health profile: Total debt stands at $20.54B. The debt-to-equity ratio is 2.34x, which is high and could pose financial risk if earnings decline or borrowing costs increase. The current ratio is 1.19, indicating adequate short-term liquidity. The quick ratio is 0.97. The company holds $3.79B in cash and equivalents. Free cash flow is positive at $5.56B, providing a cushion for debt servicing and shareholder returns.