Quick Read – LMT crushed Q2 estimates with $7.94 EPS versus $7.20 expected, hit a record $230 billion backlog, and shares surged 11% in a single session. – Management raised full-year EPS guidance to up to $30.65 and free cash flow to $7.2 billion, making Wall Street’s 14 Hold…
tings look stale. – Reaching $700 by 2027 requires only 1.3x multiple expansion above the base case if THAAD ramps and F-35 deliveries stabilize. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Lockheed Martin didn’t make the cut. Grab the names FREE today
Lockheed Martin (NYSE:LMT) reported Q2 EPS of $7.94 versus $7.199 expected, revenue of $20.06 billion, and a record $230.42 billion backlog. Shares ripped 10.54% in a single session and are up 18.95% year to date. Can LMT push through to $700 per share by 2027?
What Was Holding Lockheed Back Coming into 2026, LMT was the sick man of large-cap defense. Q1 was a miss, EPS $6.44 versus $6.70 expected, and the stock dropped 4.62% on the report. F-35 deliveries collapsed to 19 from 50 a year earlier, and unfavorable adjustments on Heavy Lift ($65 million) and Seahawk ($50 million) reinforced fixed-price program risk eating margins.