What Are Wall Street Analysts’ Target Price for Lockheed Martin Stock?

Bethesda, Maryland-based Lockheed Martin Corporation (LMT) is a security and aerospace company that researches, designs, develops, manufactures, integrates, and sustains technology systems, products, and services. Valued at $135.3 billion by market cap, the company’s businesses span space, telecommunications, electronics, information and services, aeronautics, energy, and systems integration. 

Shares of this leading global security, defense, and aerospace contractor have outperformed the broader market considerably over the past year. LMT has gained 26.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 24.3%. In 2024, LMT stock is up 25.1%, surpassing SPX’s 17.2% rise on a YTD basis.