UBS analyst Gavin Parsons upgraded Lockheed Martin to a Buy rating with a $674 price target, implying a 28.3% potential gain. The aerospace and defense firm secured a $729 million contract with Sweden for its Himars rocket system, contributing to a record $230.4 billion backlog. Lockheed Martin forecasts strong 2026 free cash flow between $7.0 billion and $7.2 billion and earnings per share of $29.95 to $30.65, signaling robust financial health and demand for its defense products.
Lockheed Martin received a Buy rating due to its record $230 billion backlog and strong demand for PAC-3 and THAAD missile defense systems. The company’s moderate valuation compared to peers and steady free cash flow yield of about 5.8% support the p...
Lockheed Martin received a Strong Buy rating as its Q2 sales increased 11% to $20.1 billion, supported by a record backlog of $230.4 billion and strong demand visibility. The company upgraded its free cash flow guidance for 2026 to $7–7.2 billion, dr...
Lockheed Martin received a buy rating driven by its record $230 billion backlog and strong growth across multiple business segments, including missile and air defense programs like PAC-3 and THAAD. The F-35 program continues to be a major revenue and...
China has restricted access to 12 critical minerals essential for manufacturing advanced laser weapons, posing a supply risk for defense contractors like Raytheon. Raytheon's $289 billion backlog, driven by missile systems and munitions, depends heav...
