Lockheed Martin Corporation’s Stock Price Drops to $439.70, Sliding -5.79% in Latest Market Performance

Lockheed Martin Corporation (LMT)

439.70 USD -27.04 (-5.79%) Volume: 7.13M

Lockheed Martin Corporation’s stock price stands at 439.70 USD, experiencing a downturn this trading session with a -5.79% change, backed by a trading volume of 7.13M. The year-to-date performance further emphasizes the bearish trend with a -9.52% change.

Latest developments on Lockheed Martin Corporation

Lockheed Martin‘s stock price faced a turbulent day as President Trump awarded Boeing a $20 billion fighter jet contract over Lockheed Martin. This decision caused Lockheed Martin‘s shares to plunge, reflecting the impact of losing the contract battle. Boeing’s victory in securing the NGAD fighter jet contract marked a significant win for the company, leading to a surge in their stock price. Despite Lockheed Martin‘s efforts to integrate LRASM onto USAF F-16s and strengthen US Northern Command’s mission with cutting-edge radar technology, the loss of the fighter jet contract had a substantial negative impact on their stock performance.

Lockheed Martin Corporation on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been bullish on Lockheed Martin Corporation, citing positive aspects like revenue growth and an expanding backlog. Despite facing challenges with significant charges related to classified programs, Lockheed Martin reported a 5% year-over-year sales growth, reaching $71 billion in 2024. This resilience and strong market position were highlighted in research reports like “Pentagon’s Favorite Contractor? Why Lockheed Martin’s Defense Empire Will Keep Soaring!- Major Drivers” by Baptista Research.

Another analyst, Tech Supply Chain Tracker, also expressed a bullish sentiment towards Lockheed Martin, emphasizing the rise of AI agents as both helpers and potential threats in the tech industry. With Lockheed Martin‘s record backlog of over $165 billion driven by increased orders for precision and air defense munitions, analysts believe the company can capitalize on the current aerospace and defense macro environment. Research reports like “Lockheed Martin Corporation: Can It Capitalize On The Current Aerospace & Defense Macro? – Major Drivers” by Baptista Research shed light on the company’s strategic developments and robust demand across its business sectors.

A look at Lockheed Martin Corporation Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Lockheed Martin Corporation, a global security company known for its advanced technology products and services, has received a mix of Smart Scores indicating its long-term outlook. While the company scored high in dividends and momentum, with a perfect score of 5 and 4 respectively, it scored lower in value, resilience, and growth. This suggests that while Lockheed Martin may be a strong choice for investors looking for stable dividends and strong market momentum, there may be some concerns about its overall value, resilience in the face of economic challenges, and potential for future growth.

With a diverse portfolio spanning various sectors such as space, telecommunications, and aeronautics, Lockheed Martin‘s Smart Scores paint a picture of a company with solid performance in certain areas but room for improvement in others. As a global player in the security industry, Lockheed Martin‘s strengths in dividends and momentum indicate a level of stability and market confidence. However, investors may want to consider the company’s lower scores in value, resilience, and growth when evaluating its long-term prospects and potential for sustained success in the ever-changing business landscape.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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