Lockheed Martin (NYSE:LMT) Shares Up 4.3% – Still a Buy?

Lockheed Martin Corporation (NYSE:LMT) shot up 4.3% on Thursday . The stock traded as high as $645.67 and last traded at $623.1730. 3,892,519 shares were traded during trading, an increase of 72% from the average session volume of 2,264,195 shares. The stock had previously closed at $597.27.

Lockheed Martin News Summary

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

• Positive Sentiment: Company outlook and defense demand — Lockheed gave an upbeat 2026 profit/revenue outlook and cited strong fighter-jet and missile demand alongside a record backlog that supports multi‑year revenue visibility. Reuters: Lockheed Martin forecasts upbeat 2026 profit, revenue
• Positive Sentiment: THAAD and production ramp — Lockheed signed a framework to quadruple THAAD interceptor output (to ~400/year) and will expand munitions capacity, a clear revenue/margin tailwind if sustained. PR Newswire: Lockheed Martin and U.S. Department of War sign framework agreement
• Positive Sentiment: Analyst price-target lifts — Several firms raised targets this morning (Truist to $695, JPMorgan to $680, TD Cowen to $670, RBC to $650), supporting the stock’s upside narrative. MarketScreener: Truist raises price target MarketScreener: JPMorgan raises price target MarketScreener: TD Cowen raises price target MarketScreener: RBC raises price target
• Neutral Sentiment: Q4 results were mixed — revenue and cash flow were strong and backlog is record‑high, but reported EPS comparisons and some measure revisions caused mixed headlines; investors are weighing growth vs. margin/earnings trajectory. PR Newswire: Q4 and FY2025 results
• Neutral Sentiment: FY2026 guidance: narrow differences vs. consensus — management issued EPS guidance of 29.35–30.25 and revenue guidance roughly $77.5B–$80.0B, close to Street expectations but leaving little margin for surprise; this reduces forecast risk but limits upside if growth slows. Reuters: Guidance details
• Negative Sentiment: Some analyst caution remains — Deutsche Bank raised its target but still implies a modest downside versus current levels, showing not all brokers see large incremental upside. MarketScreener: Deutsche Bank raises target but below current price
• Negative Sentiment: Insider selling flagged — recent disclosed insider sales (no purchases) could be read as minor negative signal for sentiment or liquidity needs. QuiverQuant: Q4 earnings and insider activity

Wall Street Analyst Weigh In

LMT has been the subject of several recent research reports. Jefferies Financial Group lifted their price objective on Lockheed Martin from $500.00 to $540.00 and gave the company a “hold” rating in a research note on Monday, January 12th. JPMorgan Chase & Co. lifted their price target on shares of Lockheed Martin from $515.00 to $680.00 and gave the stock a “neutral” rating in a research note on Friday. Susquehanna reissued a “positive” rating and issued a $660.00 price objective on shares of Lockheed Martin in a research report on Thursday, January 15th. Citigroup increased their target price on Lockheed Martin from $505.00 to $592.00 and gave the company a “neutral” rating in a report on Tuesday, January 13th. Finally, TD Cowen raised their price target on Lockheed Martin from $600.00 to $670.00 and gave the company a “hold” rating in a research note on Friday. Five equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Lockheed Martin has a consensus rating of “Hold” and an average price target of $577.29.

Lockheed Martin Trading Up 1.9%

The business has a 50-day moving average of $509.69 and a 200-day moving average of $480.81. The stock has a market capitalization of $146.78 billion, a price-to-earnings ratio of 29.52, a PEG ratio of 1.78 and a beta of 0.24. The company has a debt-to-equity ratio of 3.05, a quick ratio of 0.97 and a current ratio of 1.09.

Lockheed Martin (NYSE:LMT) last released its quarterly earnings results on Thursday, January 29th. The aerospace company reported $5.80 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.53). The firm had revenue of $20.32 billion for the quarter, compared to analyst estimates of $19.84 billion. Lockheed Martin had a return on equity of 108.53% and a net margin of 6.69%.The company’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period last year, the firm earned $7.67 EPS. As a group, research analysts forecast that Lockheed Martin Corporation will post 27.15 EPS for the current year.

Institutional Trading of Lockheed Martin

A number of large investors have recently bought and sold shares of LMT. United Financial Planning Group LLC acquired a new stake in shares of Lockheed Martin during the third quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC raised 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 valued at $27,000 after acquiring 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 approximately $27,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Lockheed Martin in the 2nd quarter valued at approximately $28,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Lockheed Martin in the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 74.19% of the company’s stock.

Lockheed Martin Company Profile

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.