Investment
Features
FeesSafety
Academy
More
Pluang+

Lockheed Martin rated buy on strong $230B backlog and missile growth, despite valuation risks.

Analyst Insights
29 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Lockheed Martin received a buy rating due to its record $230.4 billion backlog and nearly doubled missile backlog of $87.9 billion, which support future revenue and cash flow growth. The stock is fundamentally undervalued with a PEG ratio of 0.97 and a price-to-earnings ratio 20.5% below the sector average. However, the analyst advises waiting for a technical breakout above $730 or a value entry near $515. Risks include program charges, cost overruns, and the challenge of converting backlog into profitable sales and margin expansion.

More News (LMT)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App