Lockheed Martin stock gets an October 22 earnings date

Published on 10/04/2026 at 16:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lockheed Martin stock closed at USD 505.41 on October 2 after Q2 revenue reached USD 20.06 billion. Nineteen brokerages held a Hold consensus.

Extreme Nahaufnahme einer Titanplatte mit Nieten und Karbonwabenstruktur — Makroaufnahme von Titanverbundmaterial für Lockheed Martin, ISIN US5398301094, mit Wabenstruktur und Nieten, Illustration mit AI erstellt.

Lockheed Martin stock (ISIN US5398301094) closed at USD 505.41 on the NYSE on October 2, 2026, while the company prepared to publish third-quarter results on October 22. Yahoo Finance reported on October 1 that Lockheed Martin will release the figures before the market opens that day and hold its earnings call at 8:30 a.m. ET. The date gives investors a defined checkpoint after a strong second quarter.

Second quarter set a high bar

Lockheed Martin reported USD 20.06 billion in second-quarter revenue, up 10.5 percent from the prior year, according to Yahoo Finance. Diluted EPS reached USD 7.94, compared with USD 1.46 in the year-earlier quarter, while the result exceeded the USD 7.22 consensus by USD 0.72.

The company also raised its fiscal 2026 sales outlook to USD 79.75 billion to USD 81.75 billion from USD 77.50 billion to USD 80.00 billion. EPS guidance moved to USD 29.95 to USD 30.65, and the reported second-quarter backlog reached USD 230 billion.

Analysts remain divided

The analyst picture is less uniform than the operating figures. According to MarketBeat on September 26, 2026, 19 brokerages produced a Hold consensus: 10 Holds, seven Buys, one Strong Buy and one Sell. The average 12-month target was USD 637.56.

The target stood 26.1 percent above the October 2 closing price, a gap that makes the October 22 report especially important for valuation. UBS had raised its target from USD 581.00 to USD 674.00 and upgraded the stock from Neutral to Buy on September 8, 2026, according to MarketBeat.

Stock remains below yearly high

Lockheed Martin stock closed at USD 505.41 on October 2, 2026, down USD 0.09 or 0.02 percent from the prior close. The session ranged from USD 498.55 to USD 507.97, while the 52-week range was USD 437.25 to USD 692.00.

The company had a market capitalization of USD 116.6 billion as of October 2, 2026. For investors, the next report must show whether the higher sales outlook and record backlog are translating into repeatable cash generation rather than a single strong quarter.