JPMorgan raises target for Lockheed Martin stock to USD 665
Published on 10/27/2026 at 18:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and results
- JPMorgan raised its Lockheed Martin target from USD 620.00 to USD 665.00 on October 26, 2026.
- Third-quarter 2026 sales increased 11.00 percent to USD 20.70 billion on October 22, 2026.
- Lockheed Martin stock costs EUR 564.50 at Lang & Schwarz on October 27, 2026 at 6:00 p.m. CET, 0.16 percent above the Xetra close of October 27, 2026, and 7.91 percent below the 52-week high.
JPMorgan raised its Lockheed Martin target from USD 620.00 to USD 665.00 on October 26, 2026, according to MarketScreener. Lockheed Martin stock was at EUR 564.50 at Lang & Schwarz on October 27, 2026 at 6:00 p.m. CET, up 0.16 percent versus the Xetra close of October 27, 2026 at EUR 563.60.
JPMorgan lifts the target
The new USD 665.00 target is USD 45.00 above the former USD 620.00 level, a 7.26 percent increase. The target is 5.79 percent above the USD 628.64 primary-market price at 1:00 p.m. ET on October 27, 2026. The price-to-earnings ratio was 22.33 on that same primary-market quote.
Third-quarter sales reached USD 20.70 billion
Lockheed Martin reported third-quarter 2026 sales of USD 20.70 billion on October 22, 2026, up 11.00 percent from USD 18.60 billion in the third quarter of 2025, according to Lockheed Martin. Net earnings rose 14.00 percent to USD 1.80 billion, while diluted earnings per share increased to USD 7.97 from USD 6.95.
The same release put free cash flow at USD 3.00 billion for the quarter and backlog at USD 291.98 billion as of September 27, 2026. The company also said costs for F-35 lots 20 and higher had exceeded current contractual authorization and funding during the quarter, making contract authorization a material operating factor.
Stock remains below the yearly high
The euro listing stood at EUR 564.50 after hours, inside its EUR 377.00 to EUR 613.00 52-week range on October 27, 2026. That places the price 7.91 percent below the high. The primary-market quote was USD 628.64, with a market capitalization of USD 145.2 billion and a volume of 994,035 shares on October 27, 2026.
Valuation and next dates
Lockheed Martin raised its 2026 sales outlook to USD 80.00 billion to USD 82.00 billion in the October 22 release. Its next scheduled corporate date in the cited materials was the third-quarter results webcast on October 22, 2026, which had already taken place by October 27.
Stock position for investors
The latest analyst action points to a USD 665.00 target, while the quarterly figures show 11.00 percent sales growth and a USD 291.98 billion backlog. The combination leaves contract funding, missile production and the F-35 program as concrete factors behind the valuation discussion.
The further course of trading is shown by the continuously updated real-time quote of Lockheed Martin stock.
Lockheed Martin at a glance
- Company: Lockheed Martin Corporation
- ISIN: US5398301094
- WKN: 894648
- Ticker: LMT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 27, 2026, 6:00 p.m. CET): EUR 564.50
- Change versus Xetra close: plus 0.16 percent
- Xetra close (October 27, 2026): EUR 563.60
- Market capitalization: USD 145.2 billion (as of October 27, 2026)
- 52-week range: EUR 377.00-613.00 (as of October 27, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Market context: Market report S&P 500.
