LOCKHEED MARTIN CORP: JEFFERIES LOWERS TARGET PRICE FROM $640 TO $595
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 27 2026
0mins
Should l Buy LMT?
Source: moomoo
- Stock Price Adjustment: Lockheed Martin's stock target price has been reduced from $640 to $595 by Jeffries.
- Market Impact: This adjustment reflects changes in market expectations and could influence investor sentiment regarding Lockheed Martin's future performance.
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Analyst Views on LMT
Wall Street analysts forecast LMT stock price to rise
12 Analyst Rating
4 Buy
7 Hold
1 Sell
Hold
Current: 520.410
Low
430.00
Averages
535.50
High
605.00
Current: 520.410
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.
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- Contract Amendment Value: The Canadian government signed two contract amendments with Lockheed Martin totaling $1.1468 billion, with $462.5 million extending in-service support for the CC-130J fleet until 2029 and $684.3 million integrating RCAF 105 upgrades, ensuring the fleet meets diverse mission requirements.
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- Technology Upgrade Benefits: The RCAF 105 upgrades will provide the Canadian Armed Forces with new technologies to enhance air traffic management efficiency and safety, ensuring compliance in both civil and military airspace while supporting 525 jobs and contributing $70 million to GDP annually.
- Defense Investment Agency Formation: The Canadian government is modernizing defense procurement through the newly established Defense Investment Agency (DIA), aimed at accelerating the delivery of critical equipment and enhancing the resilience and competitiveness of the defense industrial sector through early engagement with industry and support for innovation.
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- Production Acceleration: Northrop Grumman's B-21 stealth bomber has entered the production phase with the first aircraft expected to be delivered in 2027, and as production scales, profit margins are anticipated to significantly improve, turning it into a vital long-term revenue source.
- Strategic Position: As the sole prime contractor for the LGM-35A Sentinel program, Northrop plays a critical role in the U.S. nuclear triad, and despite scrutiny over rising costs, its importance ensures a dominant market position for the next 50 years.
- Shareholder Returns: Northrop offers a dividend yield of approximately 1.7% and has a consistent history of increasing dividends for 22 consecutive years; with increasing free cash flow, it is expected to continue aggressive share repurchases, bolstering earnings per share.
- Order Backlog: Lockheed Martin boasts an order backlog of $186.4 billion, representing over two years of production capacity, particularly driven by surging demand for HIMARS and PAC-3 missiles, ensuring strong revenue visibility for the future.
See More
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- Strategic Stability Agreement: Trump and Xi agreed to foster a 'constructive China-U.S. relationship of strategic stability', laying the groundwork for future trade and tech cooperation, which could enhance economic integration between the two nations.
- Major Commercial Deal: Trump announced that China will order 200 Boeing jets, seen as a significant win for the U.S. planemaker, which is expected to positively impact Boeing's performance and potentially boost the related supply chain.
- Tech Stocks Shine: AI chipmaker Cerebras saw its shares skyrocket 68% in its Nasdaq debut, reaching a market cap of $95 billion, highlighting the strong demand for high-growth AI companies and further driving up tech stock valuations.
See More
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- Technological Innovation: The new external fuel tanks will enable F-35s to have longer endurance during missions, thereby increasing their flexibility and survivability in complex battlefield environments, which will improve overall combat efficiency.
- Industry Impact: The signing of this contract not only demonstrates Israel's trust in Elbit Systems but also reflects the ongoing investment in defense budgets to enhance air force capabilities, which may influence future defense procurement decisions.
- Strategic Significance: By enhancing the operational capabilities of the F-35, Israel can further solidify its military advantage in the increasingly complex regional security landscape, ensuring national security.
See More
