Lockheed Martin Company (NYSE:LMT) is included among the many 10 Greatest Blue Chip Shares to Purchase for Your Retirement Portfolio.
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On Could 18, Citi lowered its value suggestion on Lockheed Martin Company (NYSE:LMT) to $571 from $675. It reiterated a Impartial score on the shares. The agency up to date its fashions throughout the aerospace and protection sector and stated it doesn’t anticipate an “quick V-shaped rally” until the Center East battle is resolved. On the identical time, Citi stated the latest selloffs have created shopping for alternatives. The agency expects aerospace shares to get well first, adopted by protection corporations.
Through the Q1 2026 earnings name, Senior VP and CFO Evan Scott reaffirmed LMT’s full-year 2026 steerage and stated expectations remained in step with the outlook offered in January. Scott famous that Lockheed Martin nonetheless expects mid-single-digit gross sales development for the 12 months, together with revenue between $8.4 billion and $8.7 billion. The corporate additionally continues to mission free money stream within the vary of $6.5 billion to $6.8 billion.
He additionally mentioned the corporate’s anticipated margin development for the 12 months, saying margins ought to enhance step by step as 2026 progresses. In response to Scott, these enhancements are anticipated to turn out to be extra seen within the second half of the 12 months as main manufacturing milestones are achieved and operational dangers proceed to ease.
Lockheed Martin Company (NYSE:LMT) is an aerospace and protection expertise firm. The corporate operates by 4 segments: Aeronautics, Missiles and Hearth Management (MFC), Rotary and Mission Techniques (RMS), and House.
Whereas we acknowledge the potential of LMT as an funding, we imagine sure AI shares supply larger upside potential and carry much less draw back danger. Should you’re on the lookout for 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 greatest short-term AI inventory.
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