Delivery Completion: Lockheed Martin has completed the production of all F-16 Block 70 aircraft for Bulgaria and Slovakia at its Greenville, South Carolina facility, enabling both air forces to operate effectively within NATO and allied missions, thereby enhancing national air defense capabilities.
Modernized Capability: The F-16 Block 70 features the advanced APG-83 AESA radar, which shares 95% software and 70% hardware commonality, ensuring that both nations' air forces align with the training and operational standards of 29 allied operators, thus improving NATO's overall readiness.
Industrial Cooperation: The program supports over 1,500 skilled jobs and fosters transatlantic industrial cooperation through a global supply chain of more than 530 suppliers, enhancing strategic production capacity in the U.S. while benefiting European partners.
Economic Value: The F-16 program not only strengthens NATO's security objectives but also provides long-term industrial participation opportunities for European nations, driving economic growth and enhancing supply chain resilience.
LMT
$484.42+Infinity%1D
Analyst Views on LMT
Wall Street analysts forecast LMT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LMT is 544.18 USD with a low forecast of 500.00 USD and a high forecast of 630.00 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.
11 Analyst Rating
Wall Street analysts forecast LMT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LMT is 544.18 USD with a low forecast of 500.00 USD and a high forecast of 630.00 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.
5 Buy
6 Hold
0 Sell
Moderate Buy
Current: 480.250
Low
500.00
Averages
544.18
High
630.00
Current: 480.250
Low
500.00
Averages
544.18
High
630.00
Citi
Neutral
initiated
$505
2025-12-11
New
Reason
Citi
Price Target
$505
2025-12-11
New
initiated
Neutral
Reason
Citi initiated coverage of Lockheed Martin with a Neutral rating and $505 price target. The firm launched coverage on 24 stocks in the aerospace and defense sector, saying the group faces a "number of megatrends" across commercial aerospace, defense, shipbuilding, and space. Citi sees these trends creating at least one trillion-dollar market cap company in the coming years. GE Aerospace could get there in as little as five years, Citi contends. The firm calls RTX "the Marquee Megatrend stock" and believes Boeing is an "unusually attractive mega-cap turnaround" story. The analyst expects improving trends in Q4 and continued momentum in Q1 for the sector.
BNP Paribas Exane
Matthew Akers
Outperform
initiated
$550
2025-11-18
Reason
BNP Paribas Exane
Matthew Akers
Price Target
$550
2025-11-18
initiated
Outperform
Reason
BNP Paribas Exane analyst Matthew Akers initiated coverage of Lockheed Martin with an Outperform rating and $550 price target.
UBS
Neutral
maintain
$514 -> $513
2025-10-22
Reason
UBS
Price Target
$514 -> $513
2025-10-22
maintain
Neutral
Reason
UBS lowered the firm's price target on Lockheed Martin to $513 from $514 and keeps a Neutral rating on the shares. Cash flow uncertainty overshadows strong bookings, the analyst tells investors in a research note.
Bernstein
Bernstein
Market Perform
maintain
$497 -> $545
2025-10-20
Reason
Bernstein
Bernstein
Price Target
$497 -> $545
2025-10-20
maintain
Market Perform
Reason
Bernstein raised the firm's price target on Lockheed Martin to $545 from $497 and keeps a Market Perform rating on the shares ahead of quarterly results. For Q3, Lockheed Martin has a top line growth outlook based on substantial orders for F-35, CH-53K, PAC-3, and other programs. However, the company has had operational challenges in Aeronautics, MFC, and RMS that have resulted in recent charges. Progress toward stabilizing performance on fixed-price development programs will be a key watch item for Q3 earnings, Bernstein adds.
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.
