Lockheed Martin Company (NYSE:LMT) is included amongst
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On January 15, Susquehanna lifted its worth goal on Lockheed Martin Company (NYSE:LMT) to $660 from $590, whereas preserving a Constructive score on the shares. The change was a part of the agency’s This fall preview for the aerospace and protection house.
Susquehanna stated situations throughout the trade nonetheless look “fairly favorable.” It pointed to energy in business aerospace, regular protection spending, and wholesome aftermarket demand. Within the agency’s view, a very powerful elements of the market proceed to carry up properly over the medium time period, which is why it pushed valuation targets greater throughout the group.
Current supply knowledge additionally helps the concept Lockheed has momentum. Reuters reported on January 8 that Lockheed delivered 191 F-35 fighter jets in 2025 to the US and companion nations, setting a brand new annual document for this system. Lockheed stated in a press release that “Annual F-35 manufacturing is now working at a tempo 5 occasions sooner than another allied fighter at present in manufacturing.”
That type of output issues as a result of the F-35 stays certainly one of Lockheed’s greatest revenue engines. The corporate delivered 110 jets in 2024, and this system is now chargeable for roughly one-third of whole income. With many international locations elevating protection budgets as geopolitical tensions rise, demand has remained regular for giant, long-cycle platforms just like the F-35.
Lockheed can be scaling up manufacturing on the missile protection aspect. Reuters reported earlier in January that the corporate signed a seven-year settlement with the U.S. Division of Warfare to broaden annual PAC-3 missile interceptor capability to 2,000 models, up from round 600 beforehand.
Curiosity in PAC-3 (Patriot Superior Functionality) interceptors has been climbing because the U.S. and its allies spend extra closely on air protection programs.
Lockheed Martin Company (NYSE:LMT) is a world safety and aerospace firm that develops and manufactures superior protection applied sciences and supplies long-term system integration and help providers.
Whereas we acknowledge the potential of LMT as an funding, we consider sure AI shares provide larger upside potential and carry much less draw back threat. In case you’re in search of a particularly undervalued AI inventory that additionally stands to learn considerably from Trump-era tariffs and the onshoring development, see our free report on the finest short-term AI inventory.
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Disclosure: None.