LMT Price Prediction Next Week
Technical Analysis
Based on the latest price data and technical indicators, LMT is showing mixed signals:
The stock is currently trading at $496.96, with RSI(14) at 53.52 indicating neutral momentum. The price is below its 200-day SMA of $509.95 but above the 20-day SMA of $484.80, suggesting a potential consolidation phase.
News Sentiment Analysis
Recent news indicates several key factors affecting LMT:
- Upcoming Q4 earnings report on January 28, 2025
- Department of Defense awarded a significant $1.24B contract for Black Hawk helicopters
- Institutional investors show mixed sentiment with 1,177 adding positions and 1,094 reducing positions
Price Prediction for Next Week
Based on technical and fundamental factors:
- Support Levels:
- Strong support: $471.58 (Fibonacci S1)
- Secondary support: $461.24 (Fibonacci S2)
- Resistance Levels:
- Immediate resistance: $505.06 (Fibonacci R1)
- Secondary resistance: $515.40 (Fibonacci R2)
Price Target Scenarios:
Bullish Case (40% probability): $505-515
- Positive earnings surprise
- Additional defense contracts announcements
- Strong institutional buying
Base Case (45% probability): $490-505
- In-line earnings
- Continued market consolidation
- Mixed institutional activity
Bearish Case (15% probability): $470-490
- Earnings miss
- Broader market weakness
- Profit taking ahead of earnings
Trading Recommendation: HOLD through earnings. Current price levels suggest limited downside risk with potential upside catalyst from earnings. For new positions, wait for earnings results before entering.
LMT Similar Chart Price Prediction
The price of LMT is predicted to go up 2.47%, based on the high correlation periods with IMAX. The similarity of these two price pattern on the periods is 93.62%.
LMT
IMAX
Up: 2.47%Similarity: 93.62%
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
Michael Ciarmoli
Truist Securities
Strong Buy
Price Target
$579
Upside
+19.51%
Truist initiated coverage of Lockheed Martin with a Buy rating and $579 price target. The analyst believes Lockheed's recent 25% pullback off its recent high "has created a compelling entry point." Department of Government Efficiency related fears are overblown, as investors must realize that this is not "Sequestration 2.0," and with the threat level remaining elevated, defense spending will continue to rise in the coming periods, the analyst tells investors in a research note. While the F-35 "has a bulls-eye on its back," Truist sees a low probability of the program being cancelled or curtailed in the near-term. It thinks Lockheed's growth framework will prove conservative.
David Strauss
Barclays
Hold
Price Target
$565 → $515
Upside
+10.52%
Scott Deuschle
Deutsche Bank
Strong Buy → Hold
Price Target
$611 → $523
Upside
+8.35%