Lockheed Martin Reports Strong Q4 Earnings and Signs THAAD Production Agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 29 Jan 26
Source: PRnewswire
Lockheed Martin's stock rose by 5.14% in pre-market trading, reaching a 52-week high.
The company reported strong Q4 2025 earnings with sales of $20.3 billion, a 9% increase from the previous year, and net earnings of $1.344 billion. Additionally, Lockheed Martin signed an agreement with the Department of War to quadruple THAAD interceptor production, enhancing U.S. missile defense capabilities. This combination of strong earnings and strategic agreements reflects the company's robust position in the defense sector.
These developments indicate a positive outlook for Lockheed Martin, with anticipated sales growth in 2026 and increased production capacity, positioning the company well for future defense contracts and market demands.
Analyst Views on LMT
Wall Street analysts forecast LMT stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LMT is 535.50 USD with a low forecast of 430.00 USD and a high forecast of 605.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
4 Buy
7 Hold
1 Sell
Hold
Current: 597.270
Low
430.00
Averages
535.50
High
605.00
Current: 597.270
Low
430.00
Averages
535.50
High
605.00
About LMT
Lockheed Martin Corporation is a global aerospace and defense company. The Company is engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. Its segments include Aeronautics, Missiles and Fire Control (MFC), Rotary and Mission Systems (RMS) and Space. Aeronautics segment is engaged in the research, design, development, manufacture, integration, sustainment, support and upgrade of advanced military aircraft. MFC segment provides air and missile defense systems, manned and unmanned ground vehicles, energy management solutions, and others. RMS segment designs, manufactures, services and supports various military and commercial helicopters, surface ships, sea and land-based missile defense systems, and others. Its Space segment is engaged in the research and design, development, engineering and production of satellites, space transportation systems, and strategic, advanced strike, and defensive systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
