Key Takeaways:
- Lockheed Martin (LMT, Financial) may face a cut in F-35 jet orders in the proposed 2026 defense budget.
- Analysts forecast an average target price of $533.39, offering a potential upside of 16.36% from current levels.
- With a GF Value estimate of $560.52, Lockheed shows a promising upside of 22.28%.
Impact of Proposed Defense Budget on Lockheed Martin
Lockheed Martin (LMT) is poised for a potential cut in F-35 jet orders under the Trump administration's proposed $892.6 billion defense budget for fiscal year 2026. The current plan requests 47 jets, a decrease from the previous administration's 68. However, a contrasting House bill argues for expanding the order to 69 jets, signifying ongoing debates in defense spending priorities.
Wall Street Analysts' Insights and Forecasts
According to 18 analysts providing one-year price targets, the average target for Lockheed Martin Corp (LMT, Financial) stands at $533.39. This estimate ranges between a high of $670.00 and a low of $408.00, indicating an anticipated upside of 16.36% from the current price of $458.39. For a comprehensive view of these projections, visit the Lockheed Martin Corp (LMT) Forecast page.
Brokerage Recommendations
Lockheed Martin Corp (LMT, Financial) currently holds an "Outperform" status, with a consensus recommendation score of 2.3 from 24 brokerage firms. This rating, on a scale of 1 (Strong Buy) to 5 (Sell), suggests a favorable analyst sentiment toward the stock.
Understanding the GF Value Estimate
GuruFocus estimates the one-year GF Value for Lockheed Martin Corp (LMT, Financial) at $560.52, hinting at a potential upside of 22.28% from the current price of $458.39. The GF Value is a calculated fair value based on historical trading multiples, past business performance growth, and future business projections. To explore more detailed valuations, refer to the Lockheed Martin Corp (LMT) Summary page.
