
Lockheed Martin (LMT) Stock Forecast & Price Target
Lockheed Martin (LMT) Analyst Ratings
Bulls say
Lockheed Martin's financial outlook is bolstered by a projected expansion in operating margins, which management anticipates will increase by 10-20 basis points annually, reaching approximately 11% by 2027. The company's Aeronautics segment continues to perform well, with revenue of $27.5 billion in 2023, reflecting a year-over-year increase of 1.8%, while the overall F-35 revenues are expected to grow at a modest 2.5% CAGR through 2030, driven by an expanding in-service fleet. Additionally, the Missile and Fire Control segment is poised for accelerated growth through 2025, supported by rising funding for missile and defense systems both domestically and abroad.
Bears say
Lockheed Martin has experienced a significant decline in earnings per share, expected to decrease from a high of $5.81 in 2021 to approximately $4.75 in 2024, indicating a downward trend in profitability. The defense sector has faced a decline of 19.2% as of November 2024, coupled with a compression in the sector's relative price-to-earnings ratio, now trading at a discount to its historical average, which reflects a bearish sentiment among investors. Additionally, Lockheed Martin's operating margins have declined from 11% in 2019 to an anticipated 9.5% in 2024, primarily due to inflation pressures and programmatic challenges, further exacerbating concerns about the company's financial health.
This aggregate rating is based on analysts' research of Lockheed Martin and is not a guaranteed prediction by Public.com or investment advice.
Lockheed Martin (LMT) Analyst Forecast & Price Prediction
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