Key Highlights:
- Lockheed Martin (LMT, Financial) faces a downgrade to "Hold" by TD Cowen due to F-35 program issues.
- Analysts forecast a potential 14.10% upside from the current stock price.
- GuruFocus estimates predict a 20.69% upside based on the GF Value metric.
Lockheed Martin Corp (LMT) has encountered a shift in investor sentiment, driven primarily by ongoing challenges in its F-35 program. As a result, TD Cowen has downgraded this aerospace giant's rating to "Hold." Key setbacks, such as delays in the crucial TR-3 software upgrade and potential cutbacks in Air Force procurement, could weigh heavily on short-term earnings and stock trajectory.
Wall Street Analysts Forecast
Wall Street analysts have provided a one-year price outlook for Lockheed Martin Corp (LMT, Financial), with an average target price of $531.61. The projections stretch from a high of $670.00 to a low of $408.00, suggesting a possible upside of 14.10% from the current market price of $465.93. For more in-depth projections, visit the Lockheed Martin Corp (LMT) Forecast page.
In terms of analyst consensus, Lockheed Martin's average brokerage recommendation sits at 2.3, which aligns with an "Outperform" classification. This scale ranges from 1 (Strong Buy) to 5 (Sell), conveying positive momentum in analyst sentiment despite recent downgrades.
From a valuation perspective, GuruFocus presents an estimated GF Value for Lockheed Martin Corp (LMT, Financial) at $562.33 for the upcoming year. This figure indicates a potential upside of 20.69% from the current price of $465.93. The GF Value is a comprehensive measurement of a stock's fair market value, derived from historical trading multiples, past business growth, and future performance forecasts. For additional insights, see the Lockheed Martin Corp (LMT) Summary page.
