Lockheed Martin (NYSE:LMT) Stock Price Target Raised at JPMorgan Chase & Co.

Posted by George Bondi on Oct 26th, 2026

Lockheed Martin (NYSE:LMT – Get Free Report) had its price objective boosted by JPMorgan Chase & Co. from $620.00 to $665.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has a “neutral” rating on the aerospace company’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 6.57% from the stock’s current price.

Several other brokerages have also weighed in on LMT. Rothschild & Co Redburn initiated coverage on Lockheed Martin in a report on Tuesday, October 6th. They set a “buy” rating and a $650.00 price objective for the company. Royal Bank Of Canada boosted their target price on Lockheed Martin from $550.00 to $600.00 and gave the company a “sector perform” rating in a research note on Friday. Citigroup upped their price target on Lockheed Martin from $691.00 to $706.00 and gave the company a “buy” rating in a research report on Friday. Jefferies Financial Group reiterated a “hold” rating and set a $615.00 price target on shares of Lockheed Martin in a research note on Sunday. Finally, Morgan Stanley lifted their price objective on Lockheed Martin from $653.00 to $690.00 and gave the stock an “equal weight” rating in a report on Friday, July 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $638.05.

Check Out Our Latest Analysis on LMT

Lockheed Martin Stock Performance

LMT traded up $19.83 during midday trading on Monday, reaching $624.01. The company had a trading volume of 730,701 shares, compared to its average volume of 1,447,185. Lockheed Martin has a 12-month low of $437.25 and a 12-month high of $692.00. The business has a 50-day moving average price of $538.52 and a two-hundred day moving average price of $541.63. The stock has a market cap of $144.15 billion, a PE ratio of 22.19, a P/E/G ratio of 1.29 and a beta of 0.09. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.10 and a current ratio of 1.26.

Lockheed Martin (NYSE:LMT – Get Free Report) last issued its quarterly earnings results on Thursday, October 22nd. The aerospace company reported $7.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.52 by $0.45. The company had revenue of $20.71 billion during the quarter, compared to analyst estimates of $20.48 billion. Lockheed Martin had a net margin of 8.23% and a return on equity of 83.41%. Lockheed Martin’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the business posted $6.95 EPS. On average, sell-side analysts expect that Lockheed Martin will post 30.51 earnings per share for the current fiscal year.

Institutional Trading of Lockheed Martin

A number of institutional investors have recently added to or reduced their stakes in the stock. Norris Financial Group LLC bought a new position in shares of Lockheed Martin in the first quarter worth $2,321,000. CX Institutional raised its position in shares of Lockheed Martin by 527.4% in the third quarter. CX Institutional now owns 18,415 shares of the aerospace company’s stock worth $9,378,000 after buying an additional 15,480 shares in the last quarter. Talon Private Wealth LLC bought a new stake in Lockheed Martin during the first quarter valued at $3,743,000. Meeder Asset Management Inc. bought a new stake in Lockheed Martin during the second quarter valued at $11,036,000. Finally, OneDigital Investment Advisors LLC bought a new stake in Lockheed Martin during the second quarter valued at $4,796,000. Hedge funds and other institutional investors own 74.19% of the company’s stock.

Lockheed Martin Company Profile

(Get Free Report)

Lockheed Martin Corporation is a global security and aerospace company headquartered in Bethesda, Maryland. Formed in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company develops and produces advanced defense, aerospace, and technology systems for government and commercial customers.

Its principal business areas include Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Products and services include military aircraft such as the F-35 Lightning II, C-130 Hercules, and F-16 Fighting Falcon; missile-defense and precision-strike systems; helicopters and naval systems; command, control, communications, and intelligence technologies; satellites; space exploration systems; and other classified space and defense programs.

Lockheed Martin serves the U.S.