UBS reiterates Buy rating for Lockheed Martin stock at USD 653 target
Published on 10/19/2026 at 09:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and earnings date
- UBS reiterated a Buy rating and set a USD 653.00 target on October 16, 2026.
- Lockheed Martin expects third-quarter results on October 22, 2026, with consensus revenue of USD 20.46 billion.
- Lockheed Martin stock trades at EUR 491.00 at 9:34 a.m. CEST at Lang & Schwarz on October 19, 2026, 1.34 percent above the Xetra close of October 16, 2026.
Lockheed Martin (ISIN US5398301094) was trading at EUR 491.00 at Lang & Schwarz on October 19, 2026 at 9:34 a.m. CEST, 1.34 percent above the Xetra close of October 16, 2026 (EUR 484.50). UBS reiterated a Buy rating and a USD 653.00 price target on October 16, 2026, according to Investing.com. The target puts the latest primary-exchange reference below the analyst target, while the euro quotation has moved above its Xetra base.
Three dated signals shape the setup
On July 23, 2026, Lockheed Martin reported second-quarter revenue of USD 20.06 billion and earnings per share of USD 7.94, above the USD 7.22 consensus estimate. On October 6, 2026, Redburn began coverage with a USD 650.00 target. Both events are reported by MarketBeat. UBS then reaffirmed its more constructive stance on October 16, 2026, with a USD 653.00 target, according to Investing.com.
What will the October results test?
The October 22, 2026 release will test whether the second-quarter growth rate carries into the next reporting period. MarketBeat cites consensus revenue of USD 20.46 billion and earnings per share of USD 7.52 for the third quarter of 2026, against fiscal-year 2026 earnings-per-share guidance of USD 29.95 to USD 30.65. The comparison matters because the latest quarter delivered USD 20.06 billion and USD 7.94 per share. That sets a clear hurdle for execution across aircraft, missile and space programs.
Dates investors can mark
The next reporting date is October 22, 2026, before the US market opens, with an earnings call scheduled for 8:30 a.m. ET, according to MarketBeat. The next stated ex-dividend date is December 1, 2026, while the quarterly dividend is USD 3.60 per share.
Stock trades above the Xetra base
The euro quotation is 1.34 percent above the Xetra close of EUR 484.50, giving the October 19, 2026 price a modestly positive daily direction. The US listing closed at USD 552.09 on October 16, 2026, while its 52-week range was USD 437.25 to USD 692.00. The further course of trading is shown by the continuously updated real-time quote of Lockheed Martin stock.
Lockheed Martin stock facts
- Company: Lockheed Martin Corporation
- ISIN: US5398301094
- Ticker: LMT
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 19, 2026, 9:34 a.m. CEST): EUR 491.00
- Change versus Xetra close: plus 1.34 percent
- Xetra close (October 16, 2026): EUR 484.50
- Market capitalization: USD 127.4 billion (as of October 16, 2026)
- 52-week range: USD 437.25-USD 692.00 (as of October 16, 2026)
- Sector / Industry: Aerospace and defense
Market context: Market report S&P 500.
