Strait of Hormuz Temporary Closure Triggers Market Alerts

Written by Emily J. Thompson, Senior Investment Analyst

Source: Benzinga

Updated: 10 hours ago

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Source: Benzinga

Military Drill Impact: Iran's announcement of the temporary closure of the Strait of Hormuz for live-fire drills, a rare display of military force during nuclear negotiations, has triggered immediate alerts for global shipping giants and U.S. defense contractors.
Oil Price Fluctuations: The closure of a passage that handles 20% of the world's oil has led to Brent crude trading at approximately $67.63 per barrel and West Texas Intermediate near $62.40, with slight increases, yet the market remains uncertain.
Diplomatic Paradox: Despite escalating military tensions, Iranian Foreign Minister expressed optimism at a U.N. disarmament conference, claiming a

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Analyst Views on LMT

Wall Street analysts forecast LMT stock price to fall

12 Analyst Rating

4 Buy

7 Hold

1 Sell

Hold

Current: 649.580

Low

430.00

Averages

535.50

High

605.00

Current: 649.580

Low

430.00

Averages

535.50

High

605.00

Citi

John Godyn

Neutral

maintain

$592 -> $673

2026-02-05

Reason

Citi

John Godyn

Price Target

$592 -> $673

AI Analysis

2026-02-05

maintain

Neutral

Reason

Citi analyst John Godyn raised the firm's price target on Lockheed Martin to $673 from $592 and keeps a Neutral rating on the shares.

BofA

Neutral

maintain

$535 -> $660

2026-02-05

Reason

BofA

Price Target

$535 -> $660

2026-02-05

maintain

Neutral

Reason

BofA raised the firm's price target on Lockheed Martin to $660 from $535 and keeps a Neutral rating on the shares following a "clean quarter" that featured strong customer demand signals and a "robust" initial outlook for 2026. However, with almost $4B of program charges over the past two years, Lockheed still must prove to investors its ability to execute and manage risk, the analyst says.

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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.