Lockheed Martin stock: Royal Bank of Canada cuts target for Lockheed Martin stock to USD 550.00

Published on 10/16/2026 at 17:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter results are scheduled for October 22, 2026. Lockheed Martin stock costs EUR 484.15 on October 16, 2026, minus 0.05 percent versus the Xetra close.

Royal Bank target cut

Royal Bank of Canada lowered its Lockheed Martin target from USD 600.00 to USD 550.00 on October 15, 2026.
Third-quarter results are scheduled for October 22, 2026.
Lockheed Martin stock costs EUR 484.15 at 5:39 p.m. CEST at Lang & Schwarz on October 16, 2026, minus 0.05 percent versus the Xetra close of October 16, 2026.
Lockheed Martin had a USD 125.6 billion market capitalization and a P/E ratio of 20.06 on October 16, 2026.

Aquarellillustration eines Bürocampus mit Rasenflächen und Flugzeug am Himmel — Aquarellmalerei des Firmensitzgeländes von Lockheed Martin, ISIN US5398301094, nahe Washington mit Flugzeugsilhouette, Illustration mit AI erstellt.

Royal Bank of Canada lowered its Lockheed Martin price target from USD 600.00 to USD 550.00 on October 15, 2026, while maintaining a sector perform rating, according to MarketBeat. The new target is 1.09 percent above the USD 544.05 primary-exchange price at the latest October 16, 2026 quote. Lockheed Martin stock was trading at EUR 484.15 at Lang & Schwarz on October 16, 2026 at 5:39 p.m. CEST, minus 0.05 percent versus the Xetra close of October 16, 2026 at EUR 484.40.

Results date is October 22

Lockheed Martin has scheduled its third-quarter 2026 earnings webcast for October 22, 2026, at 8:30 a.m. ET, according to the company's release page. The date gives the market its next fixed checkpoint after the recent target changes. Lockheed Martin listed the webcast among its October 2026 releases.

Price sits below yearly high

The latest USD 544.05 quote on the NYSE stood 21.38 percent below the 52-week high of USD 692.00 and 24.42 percent above the 52-week low of USD 437.25 on October 16, 2026. The same quote carried a P/E ratio of 20.06, a market capitalization of USD 125.6 billion and volume of 501,377 shares, against an average volume of 1,163,626 shares.

In euro trading, the bid was EUR 483.80 and the ask was EUR 484.50 at Lang & Schwarz at 5:39 p.m. CEST. The narrow spread frames the closing-hour indication, while the euro price remained almost level with the October 16 Xetra close.

Valuation and reporting date

Lockheed Martin's valuation now sits between the two most recent analyst reference points. Royal Bank of Canada set USD 550.00 on October 15, 2026, while Sanford C. Bernstein had lowered its target to USD 564.00 from USD 629.00 on October 14, 2026, according to Yahoo Finance. The next scheduled results date is October 22, 2026.

Comparison with peers

As of October 16, 2026, the comparison uses the latest primary-exchange quotes and valuations.

Lockheed Martin (NYSE, USD): minus 0.05 percent, P/E 20.06, market capitalization USD 125.6 billion.

Northrop Grumman (NYSE, USD): plus 2.29 percent, P/E 16.23, market capitalization USD 72.6 billion.

RTX (NYSE, USD): plus 2.31 percent, P/E 33.68, market capitalization USD 257.8 billion.

The price after Xetra close

Lockheed Martin was trading at EUR 484.15 at Lang & Schwarz on October 16, 2026 at 5:39 p.m. CEST, minus 0.05 percent versus the Xetra close of October 16, 2026 at EUR 484.40. The NYSE quote was USD 544.05 at 11:42 a.m. ET on the same date, while the German-market price remained near the Xetra closing level. The further course of trading is shown by the continuously updated real-time quote of Lockheed Martin stock.