Lockheed Martin Shares - Citi lowers price target to $571

Edited by ad hoc news Tue Analyst & Consensus Desk. Verified prior to publication on 06/20/2026, 12:05 UTC. Details in the imprint.

Lockheed Martin (US5398301094) is back in the analyst conversation after Citi lowered its price target to $571 from $675 and kept a Neutral rating on the shares. MarketBeat’s LMT news feed highlighted the note on 06/20/2026, while the stock traded around $512 on the latest quoted close.

What Citi changed

According to the analyst update cited by the MarketBeat news feed, Citi cut its target by $104 and left the rating at Neutral. That puts the new target below the stock's latest quoted level.

Execution concerns and a broader defense-sector reset were cited as part of the current debate around the shares. The note adds another data point to a week already shaped by analyst reassessments.

What the week shows

For Tuesday's analyst-and-consensus frame, the key question is how many fresh estimates now sit below the current quote. MarketWatch-style quote pages and analyst feeds will keep traders focused on whether revisions cluster around program timing and margin assumptions.

Lockheed Martin remains one of the most closely watched U.S. defense stocks because it sits at the center of fighter jets, missiles, and space systems. That business mix makes analyst changes around execution and backlog especially relevant.

What Lockheed Martin sells

Lockheed Martin builds military aircraft, missiles, rotary systems, and space-related programs. The F-35 fighter jet remains the best-known product line in that portfolio.

Where the stock trades today

The shares of Lockheed Martin (US5398301094) trade on the NYSE at $512.00 as of 06/18/2026, 03:59 PM Eastern.

This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.