Lockheed Martin (LMT)
NYSEIndustrialsAerospace & DefenseSnapshot 2026-09-14
$529.38+0.99%
Close 2026-09-14 · 1-day change
NYSEIndustrialsAerospace & DefenseSnapshot 2026-09-14
Research Workspace
Put LMT beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Aerospace & Defense is in expansion. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
Primary pillar broken — Achieve 25% operating profit growth year-over-year: Operating profit growth not reported vs 25% target.
View ThesisRevenue is growing steadily — about 7% over the past year.
View GrowthMiddle-of-the-pack quality for its industry.
View QualityManagement screens strong on capital allocation, margins.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationModerate volatility — typically moves about 1% a day.
View RiskLockheed Martin's growth depends on strong missile production and defense contracts. The company recently beat earnings expectations with revenue growth of 11%. It trades at 19× P/E, below the peer median of 30×. This suggests the price reflects less growth than expected. A risk is the potential for a credibility hit if guidance is cut. Peer multiples imply a price about 15% above where it trades. This read is provisional; the thesis has broken due to unmet operating profit growth targets.
Trailing returns as of 2026-09-14. LMT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 22 analysts currently covering LMT (as of Sep 2026).
Based on 5 Wall Street analysts offering 12-month price targets for LMT in the last 4 months.
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Compare LMT with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| LMT Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 12 valuation methods, at three horizons. As of 2026-09-14. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Aerospace & Defense — fair value, gap to price, and forward P/E.
Our valuation methods disagree too much on this name right now. Rather than print a number we don't believe, we're holding it back until they converge.
Compare the value case
Put LMT next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Achieve accelerated sales and profit growth
New contracts support accelerated sales and profit growth.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-09-14. EPS is implied from price ÷ P/E. Not investment advice.
Current $529.38
The last 12 months of price, then the range of analyst 12-month targets from today’s $529.38.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Top 10% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Strategic partnership enhances innovation and growth potential.
Advances: Invest strategically in production capacity and innovation
Strategic investment in innovation aligns with management's objectives.
Advances: Increase production rates on key missile and munitions programs
Increased demand for key missile programs supports growth objectives.
Advances: Increase production rates on key missile and munitions programs
New missile aligns with increasing production rates objective.
Advances: Increase production rates on key missile and munitions programs
Significant growth projection aligns with production rate objectives.
Advances: Increase production rates on key missile and munitions programs
Upgrade highlights potential in missile and munitions growth.
Advances: Increase production rates on key missile and munitions programs
Analyst sees significant upside from missile growth potential.