--- title: "Weekly Recap | Lockheed Martin +8.34%, most brokers rate it buy" type: "News" locale: "en" url: "https://longbridge.com/en/news/302172800.md" description: "Lockheed Martin (LMT) rallied 8.34% this week to close at $552.09, outperforming the S&P 500’s -1.95% by 10.29 percentage points. The week traced a dip-and-rise pattern: Monday (Oct 12) opened at $513.05 and edged lower, and Tuesday (Oct 13) touched the weekly low of $502.17. From Wednesday (Oct 14) the stock firmed up, then pushed higher on Thursday (Oct 15) and Friday (Oct 16), reaching a high of $553.14 late Friday and closing near the top of the range. Weekly volume was 6." datetime: "2026-10-17T07:34:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/302172800.md) - [en](https://longbridge.com/en/news/302172800.md) - [zh-HK](https://longbridge.com/zh-HK/news/302172800.md) generator: "portal-rs" --- # Weekly Recap | Lockheed Martin +8.34%, most brokers rate it buy ## The Week Lockheed Martin (LMT) rallied 8.34% this week to close at $552.09, outperforming the S&P 500’s -1.95% by 10.29 percentage points. The week traced a dip-and-rise pattern: Monday (Oct 12) opened at $513.05 and edged lower, and Tuesday (Oct 13) touched the weekly low of $502.17. From Wednesday (Oct 14) the stock firmed up, then pushed higher on Thursday (Oct 15) and Friday (Oct 16), reaching a high of $553.14 late Friday and closing near the top of the range. Weekly volume was 6.24m shares, with daily turnover running 16.63% above its recent median. ## Key Events The week’s company headlines centred on munitions capacity and solid rocket motors. On Wednesday (Oct 14), Avio and Lockheed Martin announced a strategic cooperation in solid propellant motor production, with motors for the Extended Range GMLRS and PRSM to be built at Avio USA’s Virginia facility. The same day, Lockheed said it is expanding advanced munitions manufacturing in Texas, a move tied to thousands of new American jobs. Later in the week, Skunk Works and the Royal Netherlands Aerospace Centre widened their collaboration, with the next phase focused on the Dutch industrial base, military analysis, technology roadmaps and unmanned systems. Meanwhile, Bernstein cut its Lockheed target from $629 to $564, while Morgan Stanley said aerospace and defence demand remains robust into earnings season. ## Analyst Ratings Lockheed is covered by 24 institutions: 8 rate it buy, 2 overweight, 12 hold, 1 sell and 1 no opinion. The consensus rating is buy, with a consensus target of $618.86, roughly 12.09% above the latest close of $552.09. Targets span from $486 to $756, pointing to wide dispersion. Within aerospace and defence, the stock ranks 7th out of 86 names. ## The Week Ahead Lockheed reports fiscal Q3 2026 results before the open on Thursday (Oct 22). Markets expect EPS of $7.5177 on revenue of $20.5bn. This week’s reporting has already flagged the sector’s healthy backlogs alongside supply-chain and margin risks, with Morgan Stanley noting robust demand ahead of earnings. Before the results, keep an eye on the NAHB housing market index on Monday (Oct 19), housing starts and building permits on Tuesday (Oct 20), and EIA weekly crude inventories on Wednesday (Oct 21). ## In Short Lockheed Martin put in an 8.34% weekly gain as munitions expansion and rocket-motor collaboration advanced, while the S&P 500 fell over the same stretch. Across 24 institutions, nearly half are neutral, yet the consensus rating remains buy and the consensus target is more than 12% above spot—though the wide gap between the high and low targets shows real disagreement. Thursday’s earnings will show whether backlogs translate into better profitability, with supply-chain and margin pressures the key swing factor to watch. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [LMT.US](https://longbridge.com/en/quote/LMT.US.md) - [LMTL.US](https://longbridge.com/en/quote/LMTL.US.md) ## Related News & Research - [Lockheed Martin (LMT) To Report Earnings Tomorrow: Here Is What To Expect](https://longbridge.com/en/news/302496282.md) - [LMT: Record $292B backlog and munitions growth drove another increase in 2026 guidance](https://longbridge.com/en/news/302777259.md) - [Lockheed Martin Announces Availability of Form 10-Q for Period Ended September 27, 2026](https://longbridge.com/en/news/302879785.md) - [Curry Webb Wealth Management LLC Buys 4,542 Shares of Lockheed Martin Corporation $LMT](https://longbridge.com/en/news/302844602.md) - [BUZZ-Avio jumps on Lockheed Martin deal to expand solid rocket motor production](https://longbridge.com/en/news/301807398.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**