UBS raises target for Lockheed Martin stock from USD 581.00 to USD 674.00

Published on 10/02/2026 at 14:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lockheed Martin stock costs EUR 451.35 on October 2, 2026 after EUR 450.40, plus 0.21 percent. Third-quarter results arrive October 22, 2026.

Dokumentarische Schwarzweißaufnahme einer Flugzeugmontage in großer Fabrikhalle — Schwarzweiß-Reportage aus einer Flugzeugfabrik von Lockheed Martin, ISIN US5398301094, Arbeiter montieren Rumpfstruktur, Illustration mit AI erstellt.

Lockheed Martin (ISIN US5398301094) stock was trading at EUR 451.35 at Lang & Schwarz on October 2, 2026 at 2:07 p.m. CEST, plus 0.21 percent versus the prior close of EUR 450.40. According to CNBC on September 8, 2026, UBS upgraded Lockheed Martin from Neutral to Buy and raised its price target from USD 581.00 to USD 674.00.

UBS sees missile growth

UBS analyst Gavin Parsons expects Lockheed Martin revenue to grow at a 9.00 percent annual rate through 2028, driven by missiles, munitions, F-35 sustainment, the CH-53K helicopter and Trident systems, according to CNBC.

The target implies a 33.37 percent increase from the UBS reference price of USD 505.50 on September 4, 2026. That assessment contrasts with the broader analyst picture: MarketBeat reported a Hold consensus from 19 brokerages and an average target of USD 637.56 on September 26, 2026.

Second-quarter figures beat estimates

Lockheed Martin reported USD 20.06 billion in revenue for the second quarter of 2026, up 10.50 percent from the same quarter a year earlier. Earnings per share reached USD 7.94, exceeding the USD 7.22 consensus by USD 0.72, while revenue topped the USD 19.34 billion estimate, according to MarketBeat.

The latest NYSE close was USD 505.50 on October 1, 2026 at 4:00 p.m. EDT. The same quote showed a 52-week range of USD 437.25 to USD 692.00, leaving the stock 26.95 percent below its high, while market capitalization stood at USD 116.7 billion.

October 22 results date

Lockheed Martin announced on October 1, 2026, that it will publish third-quarter 2026 results before the market opens on October 22, 2026. The earnings call is scheduled for 8:30 a.m. ET, giving investors a defined date to compare execution with the missile-led growth case.

Stock remains below yearly high

Lockheed Martin stock was trading at EUR 451.35 at Lang & Schwarz on October 2, 2026 at 2:07 p.m. CEST, plus 0.21 percent versus the prior close of EUR 450.40 on October 1, 2026. On the NYSE, the stock closed at USD 505.50 on October 1, 2026 at 4:00 p.m. EDT, and the USD 692.00 52-week high places the share 26.95 percent below that level. The further course of trading is shown by the continuously updated real-time quote of Lockheed Martin stock.