LMT Price Prediction Next Week
Technical Analysis:
Recent price action shows LMT trading in a consolidation pattern. The stock has formed a strong support level around $450 and resistance near $475. The MACD indicator suggests a potential bullish crossover forming, indicating possible upward momentum building.
News Impact Analysis:
- Positive catalysts from recent developments:
- Australia's potential $3B investment in 28 F-35 fighter jets
- Successful integration of 5G military capabilities with Nokia and Verizon
- Ongoing defense contracts and international military sales opportunities
Price Projection for Next Week (March 4-8, 2025):
Base case (60% probability): $465-475
- Consolidation continues with slight upward bias
- Support from defense spending and new contracts
Bullish case (25% probability): $475-485
- Break above resistance on increased defense orders
- Positive momentum from Australia F-35 deal
Bearish case (15% probability): $450-465
- Market volatility or profit-taking
- General market weakness affecting defense sector
Trading Recommendation: BUY LMT with entry point at current levels ($462-465)
- Set stop loss at $450 (support level)
- Initial target: $475 (resistance)
- Secondary target: $485 if bullish momentum continues
The stock shows favorable risk-reward with strong fundamental backing from defense contracts and international sales opportunities. Technical indicators suggest potential upside movement while maintaining defined support levels for risk management.
LMT Similar Chart Price Prediction
The price of LMT is predicted to go up 12.35%, based on the high correlation periods with CMC. The similarity of these two price pattern on the periods is 98.26%.
LMT
CMC
Up: 12.35%Similarity: 98.26%
LMT Revenue Forecast
LMT EPS Forecast
LMT FAQs
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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%
