Goldman Sachs cuts target for Lockheed Martin stock to USD 486.00

Published on 10/14/2026 at 16:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Results are scheduled for October 22, 2026. Lockheed Martin stock costs EUR 461.95 on October 14, 2026, plus 0.40 percent versus the Xetra close.

Analyst target and reporting date

Goldman Sachs reduced its Lockheed Martin target from USD 503.00 to USD 486.00 on October 12, 2026.
Lockheed Martin is scheduled to report third-quarter results on October 22, 2026.
Lockheed Martin stock costs EUR 461.95 at Lang & Schwarz on October 14, 2026 at 4:07 p.m. CEST, plus 0.40 percent versus the Xetra close of October 13, 2026.
Lockheed Martin trades at a P/E ratio of 18.92 with market capitalization of USD 118.6 billion as of October 14, 2026.

Rüstungswerk mit Hangar, Radarturm und unmarkiertem Kampfjet in der Abenddämmerung — Fotorealistische Werksanlage von Lockheed Martin (ISIN US5398301094) mit Hangar und unmarkiertem Tarnkappenjet bei Dämmerung, Illustration mit AI erstellt.

Goldman Sachs cut its Lockheed Martin target from USD 503.00 to USD 486.00 on October 12, 2026, according to Yahoo Finance. The new target is 5.39 percent below the USD 513.69 price on the NYSE at 2:17 p.m. ET on October 14, 2026. At Lang & Schwarz, Lockheed Martin was trading at EUR 461.95 on October 14, 2026 at 4:07 p.m. CEST, plus 0.40 percent versus the Xetra close of October 13, 2026 at EUR 460.10.

Results date stays October 22

Lockheed Martin is scheduled to report its third-quarter 2026 results on October 22, 2026, according to the dated calendar entry on comdirect. The date gives the stock a defined near-term event while the latest analyst action points to a lower target rather than a new company forecast.

Stock remains below yearly high

The NYSE price of USD 513.69 stood within the USD 437.25 to USD 692.00 52-week range on October 14, 2026. It was 25.77 percent below the high, while the session volume was 173,401 shares against an average volume of 1,142,835 shares.

Lockheed Martin reported second-quarter 2026 revenue of USD 20.06 billion and net income attributable to common shareholders of USD 1.84 billion. Diluted earnings per share were USD 7.94, compared with USD 7.22 consensus, and revenue exceeded USD 19.34 billion consensus, according to MarketBeat. Revenue was up 10.50 percent year over year in that quarter.

Valuation and peer comparison

Lockheed Martin had a market capitalization of USD 118.6 billion and a P/E ratio of 18.92 as of October 14, 2026. The figures place its valuation below RTX while above Northrop Grumman on the same market snapshot.

Comparison with peers

Lockheed Martin: plus 0.40 percent, P/E 18.92, market capitalization USD 118.6 billion

RTX (NYSE, USD): plus 1.71 percent, P/E 32.71, market capitalization USD 250.9 billion

Northrop Grumman (NYSE, USD): plus 1.23 percent, P/E 15.45, market capitalization USD 69.2 billion

EUR price tracks Xetra close

The Lang & Schwarz quote was EUR 461.95 at 4:07 p.m. CEST on October 14, 2026, or plus 0.40 percent versus the Xetra close of EUR 460.10 on October 13, 2026. The NYSE price was USD 513.69 at 2:17 p.m. ET on October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Lockheed Martin stock.