LMT Price Prediction Next Week
Technical Analysis: Based on recent price action, LMT has shown bearish momentum with the stock declining from $440.72 to $420.12 over the past week. The RSI-14 reading of 39.81 indicates the stock is approaching oversold territory but hasn't reached extreme levels yet.
Price Targets and Support/Resistance Levels:
- Fibonacci levels indicate key support at $424.25 and resistance at $448.77
- Next major support level at $416.67 if current support breaks
- Major resistance zone around $456.35
News Impact Analysis: Several significant developments are affecting LMT's price outlook:
- Defense Budget Concerns:
- Trump administration proposing significant Pentagon budget cuts
- Potential reduction of $50 billion next year
- Long-term cuts averaging 8% annually through 2030
- Positive Analyst Ratings:
- High rating of 93% from Validea's Multi-Factor Investor model
- Strong interest indicated by scores above 90%
Price Prediction for Next Week: Based on technical indicators and news sentiment:
Target Prices:
- Bearish scenario: $415-416 (60% probability)
- Neutral scenario: $420-425 (30% probability)
- Bullish scenario: $430-435 (10% probability)
Trading Recommendation: SELL Rationale:
- Negative momentum from defense budget cut news
- Technical indicators showing continued weakness
- RSI trending downward but not yet oversold
- Multiple resistance levels overhead limiting upside potential
Entry: Current market price ($420.12) Stop Loss: $425 (above immediate resistance) Target: $415 (near next support level)
LMT Similar Chart Price Prediction
The price of LMT is predicted to go up -3.53%, based on the high correlation periods with RXO. The similarity of these two price pattern on the periods is 97.83%.
LMT
RXO
Down: -3.53%Similarity: 97.83%
LMT Revenue Forecast
LMT EPS Forecast
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LMT VS S&P500
Lockheed Martin's prime contractor role on the F-35, the largest weapon program in history, should deliver stable revenue for decades through procurement and maintenance.
Geopolitical tensions have increased considerably due to the Russia-Ukraine war. Defense budgets are partially a function of geopolitical conflict, and we expect the US will increase defense spending to deter further conflict.
Defense prime contractors operate in an acyclical business, which could offer some protection if the US enters a recession.
LMT Analyst's Forecast
Matthew Akers
Wells Fargo
Hold
2025-01-30
Price Target
$500 → $497
Upside
+8.13%
Wells Fargo analyst Matthew Akers lowered the firm's price target on Lockheed Martin to $497 from $500 and keeps an Equal Weight rating on the shares. The firm says that investors it spoke with are focused on 2025 cash, where Wells thinks F-35 working capital, capex, pension and interest offset the benefit expected from pension pre-funding.
Jason Gursky
Citigroup
Strong Buy
2025-01-21
Price Target
$700 → $600
Upside
+18.51%
Michael Ciarmoli
Truist Securities
Strong Buy
2025-01-14
Price Target
$579
Upside
+19.51%
