Lockheed Martin raises outlook as Lockheed Martin stock trades at EUR 523.90
Published on 10/23/2026 at 11:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSThird-quarter results and outlook
- Lockheed Martin reported USD 20.71 billion in sales on October 22, 2026.
- Full-year sales guidance is USD 80 billion to USD 82 billion for 2026.
- Lockheed Martin stock trades at EUR 523.90 at 11:34 a.m. CEST at Lang & Schwarz on October 23, 2026.
Lockheed Martin (ISIN US5398301094) raised its 2026 outlook after third-quarter sales reached USD 20.71 billion, up 11 percent from USD 18.61 billion a year earlier. The results were published on October 22, 2026, in a release from Lockheed Martin. Lockheed Martin stock trades at EUR 523.90 at Lang & Schwarz on October 23, 2026.
Sales growth supports higher guidance
Net earnings rose 14 percent to USD 1.85 billion in the third quarter of 2026, while diluted earnings per share increased to USD 7.97 from USD 6.95 in the third quarter of 2025. Cash from operations reached USD 3.44 billion for the quarter, according to the company release.
The company lifted full-year 2026 sales guidance to USD 80 billion to USD 82 billion from USD 79.75 billion to USD 81.75 billion. Free cash flow guidance increased to USD 7.8 billion to USD 8.0 billion from USD 7.0 billion to USD 7.2 billion, a midpoint increase of USD 0.8 billion. Lockheed Martin also reported a record backlog of USD 292.0 billion in its October 22, 2026 presentation.
What does the backlog mean?
The backlog increased 27 percent from the second quarter of 2026 and included USD 52.5 billion tied to a multiyear award for PAC-3 Missile Segment Enhancement interceptors. That order visibility gives the higher sales outlook a concrete operational base, although execution across major programs remains central to future margins.
Three reported milestones
On June 28, 2026, second-quarter revenue reached USD 20.06 billion. On October 1, 2026, Lockheed Martin scheduled its third-quarter results webcast for October 22. On October 22, 2026, third-quarter sales reached USD 20.71 billion and backlog reached USD 292.0 billion.
Next reporting date is January 26
The next explicitly scheduled reporting date is January 26, 2027, for full-year 2026 results, according to Barrons. The date will give investors the first full-year test of the raised sales, earnings per share and free cash flow outlook.
Stock price and valuation context
Lockheed Martin's primary listing is on the New York Stock Exchange under ticker LMT. The stock last stood at USD 589.91 on October 22, 2026 at 4:00 p.m. ET, while its 52-week range was USD 437.25 to USD 692.00. Market capitalization was USD 136.1 billion as of that quote. The euro quotation provides the Germany-facing trading view.
Lockheed Martin was trading at EUR 523.90 at Lang & Schwarz on October 23, 2026 at 11:34 a.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Lockheed Martin stock.
Lockheed Martin stock facts
- Company: Lockheed Martin Corporation
- ISIN: US5398301094
- Ticker: LMT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 11:34 a.m. CEST): EUR 523.90
- Market capitalization: USD 136.1 billion (as of October 22, 2026)
- 52-week range: USD 437.25-692.00 (as of October 22, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Market context: Market report S&P 500.
