Insider buying last 90 days
No open-market insider purchases were filed for LMT in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every LMT insider filing, plotted on the chart in Gekko.Open LMT in Gekko
NYSE: LMT
Lockheed Martin (LMT) Stock Analysis & Forecast
Nov 4 close
$595.04−43.96 (−6.9%)
Gekko Brief
AI summaryNov 4 closeLockheed Martin shares fell this week after a Democratic sweep in the 2026 midterm elections raised questions about defense spending plans, with Lockheed Martin, RTX, Northrop Grumman, and General Dynamics all declining on the news. The move came even as the company's Q3 2026 results continued to draw attention, following a $3 billion free cash flow quarter and a record $292 billion backlog. Separately, Guggenheim initiated coverage with a Buy rating and a $735 price target, while Lockheed Martin also agreed to pay approximately $29.5 million to settle discrimination claims tied to federal contractor compliance.
The stock closed at $595.04, down 6.9%, sitting between its 50-day average of $547.96 and 200-day average of $569.11. The GekkoIndex reads 52.5, placing it in the Neutral zone, up from a reading 11.5 points lower five days prior. Shares trade 12.7% below Gekko Fair Value of $681.56, within a 52-week range of $437.25 to $692.
The next earnings report is scheduled for 26 January 2027, 82 days out and beyond a typical 20-trading-day hold. No insider, Congress, or unusual options activity appears in the current windows. One billionaire holder and one trailblazer holder are noted. Seasonality has been a headwind from this point in the calendar, averaging -2.4% over the next 20 trading days across 5 years, rising in just 1 of them. Consensus among 18 analysts stands at 10 buy, 7 hold, and 1 sell, with a consensus target of $652.57.
Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.
Lockheed Martin price vs fair value
Close $595.04200-day averageGekko Fair Value $681.56
Lockheed Martin quick facts
- Market cap
- $137.5B
- P/E ratio
- 22.7
- Forward P/E
- 19.5
- EPS, TTM
- $28.16
- Revenue, TTM
- $79.12B
- Profit margin
- 8.2%
- Dividend yield
- 2.15%
- Beta
- 0.08
- Volume
- 3.04M avg 1.65M
- 1-year return
- +21.9%
- Typical daily move
- ±3.9%
- Typical 20-day move
- ±4.5%
- 50-day average
- $547.96
- 200-day average
- $569.11
- Next earnings
- Jan 26
- Shares outstanding
- 231.0M
Lockheed Martin swing-trade checklist
Lockheed Martin scores 2 supportive, 2 mixed and 1 headwind across the 5 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
2 supportive2 mixed1 headwind
- Trendmixed
Averages disagree
Close $595.04 sits between the 50-day ($547.96) and 200-day ($569.11) averages, or the averages disagree.
See the chart - GekkoIndexmixed
52.5, Neutral
Reading 52.5 is in the Neutral zone.
See the GekkoIndex - Fair valuesupportive
12.7% below
Price is 12.7% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneyno data
No data
No insider, Congress or unusual options activity in the window.
See smart money - Earnings risksupportive
Reports in 82 days
Next report Jan 26, 2027, 82 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalityheadwind
−2.4% on average
From this point in the calendar, the next 20 trading days averaged −2.4% over 5 years, rising in 1 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Lockheed Martin stock chart and price history
Lockheed Martin closed at $595.04 on Nov 4, 2026, +21.9% over the past year, inside a 52-week range of $437.25 to $692.00.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- +16.6%
- 3 months
- +2.1%
- 6 months
- +15.7%
- 1 year
- +21.9%
The full LMT chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open LMT in Gekko
Follow Lockheed Martin through every session
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About Lockheed Martin
Lockheed Martin works across the full life cycle of aerospace and security systems, covering research, design, manufacturing, integration and long-term support for the products it builds. The company is known for combat and air mobility aircraft, unmanned aerial systems, missile defense technology, helicopters, naval ships, radar systems, and satellites and space transportation platforms.
Its business is organized into four segments. Aeronautics builds aircraft and unmanned systems. Missiles and Fire Control covers air and missile defense, precision weapons, ground vehicles and related support services. Rotary and Mission Systems handles helicopters, ships, missile defense, radar, command and control, cybersecurity and training systems. Space covers satellites, space transportation, strategic missile systems and intelligence-related network capabilities. The company's main customer is the United States government, along with foreign governments that purchase through U.S. government-arranged military sales.
Lockheed Martin was founded in 1912 and is headquartered in Bethesda, Maryland. Its shares are listed on the NYSE under the ticker LMT.
- Listed
- NYSE
- Sector
- Electronic technology
- Industry
- Aerospace & defense
- Website
- lockheedmartin.com
Lockheed Martin GekkoIndex: the smart money zone
Lockheed Martin’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 52.5, in the Neutral zone, up 11.5 points over five sessions.
52.5Neutral
Up 11.5 points over five sessions, from the Distribution zone.
Reading for Nov 4, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 67 | +0.1% | +1.8% | ||
| Accumulation | 204 | +0.2% | −0.4% | ||
| Neutral (current zone) | 362 | +0.1% | +1.2% | ||
| Distribution | 58 | +2.3% | +4.0% | ||
| Selling | 6 | Too few readings yet | |||
Average LMT share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.
Neutral zone: No clear directional signal. About the five zones →
See every daily GekkoIndex reading plotted over the LMT price, zone by zone.Track LMT in Gekko
Is Lockheed Martin stock overvalued? Gekko Fair Value
Lockheed Martin trades 12.7% below Gekko Fair Value of $681.56, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Lockheed Martin shares are worth, recalculated every trading day.
$681.56
Gekko Fair Value, Nov 4, 2026
12.7% Undervalued
At the end of Aug 2026 the price was 18.2% below the estimate.
Gekko Fair ValueShare price, month end
Gekko Fair Value on every chart, with the gap to price updating daily.Open LMT in Gekko
Lockheed Martin insider and Congress trading
No open-market insider purchases were filed for Lockheed Martin, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in LMT were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for LMT, plotted on the chart in Gekko.Open LMT in Gekko
Buybacks
Lockheed Martin has been buying back its own shares.
- Bought back, quarter ended Dec 31, 2025
- $750.0M
- As a share of market cap
- 0.55%
- Trailing four quarters
- $3.00B
From company filings.
Hedge funds and billionaires quarter ended Jun 30
2of the funds Gekko tracks hold LMT.
1added1opened0trimmed0sold out
Which funds are on each side, name by name.Unlock in Gekko
Lockheed Martin earnings: next date and track record
Lockheed Martin reports on Jan 26, 2027 (82 days away), and beat the EPS estimate in 4 of its last 8 reports.
Next earnings report
Jan 26, 2027
82 days away
- EPS estimate
- $8.35
- Revenue estimate
- $22.64B
4 of 8reports beat the EPS estimate
±7.5%average move across the report
4 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Oct 22, 2026 AI summary
- What they said
- Lockheed Martin reported strong Q3 2026 results with double-digit growth in both sales and profit, generating $3 billion in free cash flow. Backlog reached a record $292 billion. Key highlights include a major F-35 multi-year agreement targeting 156 aircraft/year over 10 years, a $1.2 billion PrSM Increment 2 production contract, and accelerated innovation across autonomous aircraft, hypersonics, and missile defense programs.
- Guidance
- Management raised full-year expectations for sales, earnings, and free cash flow for the third consecutive quarter. The F-35 multi-year deal and expanding backlog signal sustained revenue visibility, with Next Generation Interceptor on track for 2030 fielding.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Oct 22, 2026 | $7.97 est $7.52 | $20.71B est $20.48B | +9.6% |
| Jul 23, 2026 | $7.94 est $7.22 | $20.06B est $19.34B | +13.3% |
| Apr 23, 2026 | $6.44 est $6.74 | $18.02B est $18.22B | −7.6% |
| Jan 29, 2026 | $5.80 est $7.07 | $20.32B est $18.72B | +6.2% |
| Oct 21, 2025 | $6.95 est $6.38 | $18.61B est $18.55B | −3.7% |
| Jul 22, 2025 | $1.46 est $6.52 | $18.16B est $18.57B | −8.9% |
| Apr 22, 2025 | $7.28 est $6.34 | $17.96B est $17.78B | +1.1% |
| Jan 28, 2025 | $2.22 est $6.61 | $18.62B est $18.87B | −9.8% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Lockheed Martin stock forecast and analyst price targets
Analysts’ average 12-month price target for Lockheed Martin is $652.57, +9.7% from the last close, from 18 firms rating the stock in the last 90 days.
$652.57consensus 12-month target, +9.7% from the last close
Now $595.04Avg $652.57
Low $498High $835
Each firm’s latest rating in the last 90 days: 18 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Nov 4 | Guggenheim | $735 | +23.5% |
| Nov 2 | Wells Fargo | $700 | +17.6% |
| Oct 29 | J.P. Morgan | $665 | +11.8% |
| Oct 29 | Argus Research | $735 | +23.5% |
| Oct 28 | Bank of America Securities | $620 | +4.2% |
+1.2%average 20-day move after past Neutral readings
−2.4%average move over the next 20 trading days in the last 5 years
±3.9%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Lockheed Martin seasonality: the next 20 trading days
Over the next 20 trading days from Nov 4, Lockheed Martin averaged −2.4% across the last 5 years, rising in 1 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −1.2% | 2 of 5 |
| Next 10 trading days | −1.1% | 1 of 5 |
| Next 15 trading days | −2.0% | 2 of 5 |
| Next 20 trading days | −2.4% | 1 of 5 |
| Next 30 trading days | −2.1% | 2 of 5 |
For scale, LMT’s typical 20-trading-day move in either direction is about 4.5%.
Lockheed Martin market cap and key statistics
Lockheed Martin’s market cap is $137.5B, with a P/E ratio of 22.7 and revenue of $79.12B over the last twelve months.
Valuation
- Market cap
- $137.5B
- P/E ratio
- 22.7
- Forward P/E
- 19.5
- EPS, TTM
- $28.16
- Gekko Fair Value
- $681.56
Trading
- Volume
- 3.04M
- Avg volume, 20 days
- 1.65M
- 52-week high
- $692.00
- 52-week low
- $437.25
- Shares outstanding
- 231.0M
Financials
- Revenue, TTM
- $79.12B
- Profit margin
- 8.2%
- Return on equity
- 80.2%
- Quarterly earnings growth, YoY
- +14.7%
Risk and income
- Beta
- 0.08
- Typical daily move
- ±3.9%
- Typical 20-day move
- ±4.5%
- Dividend yield
- 2.15%
Lockheed Martin stock news this week
Coverage of Lockheed Martin this week reads positive: 6 positive, 1 neutral and 3 negative headlines.
- Here’s How Much You Would Have Made Owning Lockheed Martin Stock In The Last 15 YearsBenzinga, Nov 4
- Should L3Harris Stock Holders Look At Lockheed Martin Instead?Trefis, Nov 4
- This Lockheed Martin Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For WednesdayBenzinga, Nov 4
- Lockheed Will Pay $29.5 Million Over Claims It Discriminated Against White Employees24/7 Wall Street, Nov 4
- Lockheed Martin to Pay $30 Million for Discrimination ClaimsBloomberg Law News, Nov 4
- 3 Stocks Showing Impressive Relative Strength: LMT, ACN, NUEZacks Investment Research, Nov 4
Lockheed Martin peers
Lockheed Martin’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| GEGE Aerospace | Neutral | 9.8% above |
| RTXRTX | Neutral | 7.7% below |
| BABoeing | Accumulation | 16.1% below |
| GDGeneral Dynamics | Neutral | 3.3% below |
| HWMHowmet Aerospace | Neutral | 2.4% above |
| NOCNorthrop Grumman | Neutral | 26.0% below |
A peer links to its own page where one exists.
Lockheed Martin stock FAQ
What is Lockheed Martin’s market cap?
Lockheed Martin’s market cap is $137.5B at the Nov 4, 2026 close of $595.04, with 231.0M shares outstanding. The shares trade on a P/E ratio of 22.7.
What is the Lockheed Martin stock forecast?
The consensus analyst 12-month price target for Lockheed Martin is $652.57, +9.7% from the last close. Of the 18 firms that rated the stock in the last 90 days, 10 rate it a buy, 7 a hold and 1 a sell. Gekko doesn’t publish price predictions of its own.
Is Lockheed Martin stock overvalued or undervalued?
On Gekko’s estimate Lockheed Martin is undervalued: the Nov 4, 2026 close of $595.04 is 12.7% below Gekko Fair Value of $681.56. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Lockheed Martin report earnings next?
Lockheed Martin is expected to report on Jan 26, 2027 (82 days away). Analysts expect earnings of $8.35 per share on revenue of $22.64B. Lockheed Martin beat the earnings estimate in 4 of its last 8 reports, moving 7.5% on average across the report.
What is Lockheed Martin’s 52-week high and low?
Lockheed Martin’s 52-week high is $692.00 and its 52-week low is $437.25; it closed at $595.04 on Nov 4, 2026, +21.9% over the past year.
Is Lockheed Martin stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 5 items with data read as supportive (fair value and earnings risk), 2 as mixed (trend and gekkoindex) and 1 as a headwind (seasonality). The checklist is a description of current data, not a recommendation.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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