Lockheed Martin Company (NYSE:LMT) is included among the many 10 Best Blue Chip Stocks to Buy for Your Retirement Portfolio.
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On Could 18, Citi lowered its worth suggestion on Lockheed Martin Company (NYSE:LMT) to $571 from $675. It reiterated a Impartial score on the shares. The agency up to date its fashions throughout the aerospace and protection sector and stated it doesn’t count on an “fast V-shaped rally” until the Center East battle is resolved. On the identical time, Citi stated the latest selloffs have created shopping for alternatives. The agency expects aerospace shares to get better first, adopted by protection corporations.
Through the Q1 2026 earnings name, Senior VP and CFO Evan Scott reaffirmed LMT’s full-year 2026 steering and stated expectations remained per the outlook supplied in January. Scott famous that Lockheed Martin nonetheless expects mid-single-digit gross sales development for the 12 months, together with revenue between $8.4 billion and $8.7 billion. The corporate additionally continues to undertaking free money movement within the vary of $6.5 billion to $6.8 billion.
He additionally mentioned the corporate’s anticipated margin pattern for the 12 months, saying margins ought to enhance regularly as 2026 progresses. In keeping with Scott, these enhancements are anticipated to change into extra seen within the second half of the 12 months as main manufacturing milestones are achieved and operational dangers proceed to ease.
Lockheed Martin Company (NYSE:LMT) is an aerospace and protection expertise firm. The corporate operates via 4 segments: Aeronautics, Missiles and Fireplace Management (MFC), Rotary and Mission Methods (RMS), and House.
Whereas we acknowledge the potential of LMT as an funding, we imagine sure AI shares supply larger upside potential and carry much less draw back threat. In the event you’re searching for a particularly undervalued AI inventory that additionally stands to profit considerably from Trump-era tariffs and the onshoring pattern, see our free report on the best short-term AI stock.
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