Lockheed Martin stock gains after UBS upgrade and higher price target
Published on 09/09/2026 at 10:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lockheed Martin Corporation stock (ISIN US5398301094) is trading firmer after UBS raised its rating to Buy on September 8, 2026 and lifted its 12-month price target to USD 674 from USD 581, implying more than 25 percent upside from the early September share price according to CNBC.
UBS upgrade highlights earnings growth
According to CNBC on September 8, 2026, UBS upgraded Lockheed Martin stock to Buy from Neutral and increased its 12-month price target to USD 674 from USD 581, citing about 26 percent upside based on a share price of roughly USD 524 at the time of the note.
As Yahoo Finance reported on September 8, 2026, UBS argues that Lockheed Martin is poised for stronger and more durable earnings growth than investors currently expect, pointing to rising missile demand, F-35 sustainment work and other defense programs as key drivers.
Recent fundamentals support the bullish case
In its most recent quarterly update for Q2 2026, Lockheed Martin reported year-on-year revenue growth and solid earnings, providing the fundamental backdrop for the more optimistic analyst stance; the company has been emphasizing multi-year program visibility and stable cash flows in recent investor materials on Lockheed Martin.
On the valuation side, one quantitative view from GuruFocus on September 8, 2026 notes that its GF Value estimate of USD 562.02 stands about 4.9 percent above a then current market price of USD 534.62, suggesting modest undervaluation while highlighting the sustainability of Lockheed Martin’s dividend.
Analyst sentiment and sector context
The UBS call comes against a backdrop of continued geopolitical tensions and elevated defense spending, which are supportive for large defense contractors. As The Daily Upside wrote on September 9, 2026, Lockheed Martin stands to benefit from the European Union approving Ukraine’s purchase of Patriot air defense systems, bolstering expectations for future missile-related revenue.
Market commentary from The Globe and Mail on September 8, 2026 notes that Lockheed Martin stock was trading around USD 538 and suggests that reaching USD 674 within a year is plausible if the earnings trajectory UBS outlines materializes.
Stock price and investor takeaway
As of the last completed New York Stock Exchange session ahead of September 9, 2026, Lockheed Martin stock was trading in the mid USD 520 range, leaving a gap of roughly USD 150 to the UBS price target of USD 674 and aligning with the modest undervaluation signal from GuruFocus’s GF Value of USD 562.02.
Lockheed Martin stock key data
- Company: Lockheed Martin Corporation
- ISIN: US5398301094
- Ticker: LMT
- Trading venue: NYSE
- Sector / Industry: Aerospace and Defense
- Index membership: S&P 500
