Lockheed Martin Stock - Jefferies cuts price target as defense sector digests guidance
19.06.2026 - 14:59:57 | ad-hoc-news.de
Edited by ad hoc news Sector & Peer-Group Desk. Verified prior to publication on 06/19/2026, 14:57 CET. Details in the imprint.
Lockheed Martin (US5398301094) remains on analysts’ radar after Jefferies cut its price target while maintaining a neutral stance on the defense contractor. The move follows the group’s April earnings release and reaffirmed 2026 guidance, according to a Jefferies note summarized in recent market commentary.
All news and key data on Lockheed Martin stock
Follow the latest earnings, analyst moves and market data on Lockheed Martin in the dedicated topic area and on the company’s own investor-relations pages.
Jefferies trims its target
Jefferies analyst Sheila Kahyaoglu recently reduced her price target on Lockheed Martin shares to $595 from $640 and reiterated a Hold rating, reflecting a more cautious stance on upside after the stock’s strong run and current valuation.
The analyst pointed to the company’s reaffirmed 2026 earnings framework and a more balanced risk-reward profile as reasons to stay on the sidelines, according to summaries of the Jefferies update on financial news platforms.
How the week looks for defense stocks
Lockheed Martin shares closed at $512.00 on the New York Stock Exchange on 06/18/2026, down 3.8% for the day, while after-hours trading indicated a modest further dip to $511.00.
The move came against a mixed backdrop for U.S. defense names, with some peers in the Standard & Poor's 500 index defense and aerospace cohort also seeing pressure as investors reassessed sector valuations and funding risks.
The product behind the stock
Lockheed Martin generates most of its revenue from defense and aerospace programs, with the F-35 Lightning II fighter jet as a flagship product line that underpins long-term production, sustainment and upgrade work for U.S. and allied air forces worldwide.
Where the stock trades today
Lockheed Martin shares (US5398301094) trade on the New York Stock Exchange at $512.00 as of 06/18/2026, 15:59 Eastern Time.
Key facts on Lockheed Martin stock
- Company: Lockheed Martin Corp.
- ISIN: US5398301094
- WKN: 894648
- Ticker: LMT
- Venue: NYSE
- Price (as of 06/18/2026, 15:59 Eastern Time): 512.00 USD
- Market cap: 121,000,000,000 USD (as of 06/18/2026)
- Sector / Industry: Industrials / Aerospace & Defense
- Index membership: S&P 500
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
