Lockheed Martin, a leading aerospace and defense corporation, faces stock pressure due to program losses and defense budget uncertainty. Despite a 10.6% drop in the past year, recent third-quarter results exceeded expectations with an 8.8% revenue increase to $18.61 billion. The company also has a record backlog of $179 billion.

Lockheed Martin raised its outlook for 2025 after strong Q3 results. President Trump confirmed F-35 fighter jets sale to Saudi Arabia. Wall Street analysts expect a 1.6% EPS decline for 2025 but predict a 6% annual increase to $29.69 in 2026. Analyst consensus rates the stock as a “Moderate Buy.”

UBS analyst maintains a “Neutral” rating, while Morgan Stanley analyst upgrades to “Overweight” with a price target of $630, implying a 32.7% potential upside. Mean price target of $521.89 indicates a 9.9% upside over current market prices. Lockheed Martin continues to innovate and deliver superior solutions globally.

Read more at Yahoo Finance: Do Wall Street Analysts Like Lockheed Martin Stock?