Morgan Stanley has downgraded Lockheed Martin Corp (LMT) from Overweight to Equal-Weight, effective December 15, 2025. The current share price stands at $484.42.
This move underscores a more cautious outlook on the aerospace and defense giant, which is known for its extensive involvement in advanced military technologies and systems. Lockheed Martin, headquartered in Bethesda, Maryland, employs approximately 121,000 individuals and operates across several segments, including Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space.
The downgrade may reflect concerns over competitive pressures, market conditions, or execution risks that could impact the company's performance. As of December 1, 2025, analyst consensus indicates 5 Strong Buy, 9 Buy, 12 Hold, 1 Sell, and 0 Strong Sell ratings, with an overall consensus of Buy.
Lockheed Martin is scheduled to report its next earnings on July 20, 2026, with an estimated EPS of $7.20 and revenue of $19.2 billion. Recent earnings have shown positive surprises, including a Q3 2025 EPS of $6.95, exceeding estimates by 8.2%.
Analyst ratings and price targets are informed opinions based on research and financial models. While they provide valuable insights, they should be considered alongside company fundamentals and broader market trends when making investment decisions.
Analyst ratings can evolve as new information arises, reflecting the dynamic nature of market conditions and investor sentiment.