Lockheed Martin stock: RBC cuts target to USD 550
Published on 10/23/2026 at 16:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRBC target cut and price
- Royal Bank of Canada cut its Lockheed Martin target from USD 600.00 to USD 550.00 on October 15, 2026.
- MarketBeat reported a USD 627.10 consensus target from 22 firms on October 21, 2026.
- Lockheed Martin stock costs EUR 531.80 at Lang & Schwarz on October 23, 2026 at 4:03 p.m. CEST, 1.30 percent above the Xetra close of October 22, 2026.
- The company had a USD 137.6 billion market capitalization and a USD 437.25 to USD 692.00 52-week range as of October 23, 2026.
Lockheed Martin (US5398301094) drew a lower analyst target on October 15, 2026, when Royal Bank of Canada cut its objective from USD 600.00 to USD 550.00 while keeping a Sector Perform rating, as MarketBeat reported. Lockheed Martin stock was trading at EUR 531.80 at Lang & Schwarz on October 23, 2026 at 4:03 p.m. CEST, up 1.30 percent versus the Xetra close of October 22, 2026 at EUR 525.00.
Analyst targets remain divided
The RBC target is USD 46.14 below the USD 596.14 primary-market quote for Lockheed Martin at 10:10 a.m. EDT on October 23, 2026. The difference shows that the recent target cut places the firm below the latest NYSE quotation rather than above it.
MarketBeat reported on October 21, 2026 that 22 research firms carried a Moderate Buy consensus and an average 12-month target of USD 627.10. That consensus target is USD 30.96 above the same primary-market quote, leaving a wider spread between published views and the current U.S. price.
Price position has room below the high
Lockheed Martin's USD 437.25 to USD 692.00 52-week range was quoted as of October 23, 2026. The primary-market price of USD 596.14 stood 13.87 percent below the high and 36.26 percent above the low, while the latest market capitalization was USD 137.6 billion.
Valuation and investor dates
The price-to-earnings ratio was 21.16 as of October 23, 2026, and the trailing dividend yield was 2.00 percent. The spread between the USD 550.00 RBC target and the USD 627.10 consensus target matters because both figures sit against a company with a large valuation and a broad range of analyst expectations.
Lockheed Martin operates in the Industrials sector and Aerospace and Defense industry. Its four principal operating areas are Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space, giving investors several operating exposures within one defense contractor.
Stock position after the target cut
The euro quotation remains above the October 22 Xetra close, while the primary-market price sits below the 52-week high. The combination leaves the analyst targets as the clearest valuation reference for the next market reaction.
The further course of trading is shown by the continuously updated real-time quote of Lockheed Martin stock.
Lockheed Martin market facts
- Company: Lockheed Martin Corporation
- ISIN: US5398301094
- Ticker: LMT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 23, 2026, 4:03 p.m. CEST): EUR 531.80
- Change versus Xetra close: plus 1.30 percent
- Xetra close (October 22, 2026): EUR 525.00
- Market capitalization: USD 137.6 billion (as of October 23, 2026)
- 52-week range: USD 437.25-692.00 (as of October 23, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
Market context: Market report S&P 500.
