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Lockheed Martin (LMT, Aerospace & Defense) Stock Valuation & Fair Value Trading above fair value

Lockheed Martin (LMT, Aerospace & Defense) trades at a blended P/E of 22.5, about 39% above its historical normal valuation, with a forward growth estimate of 11.6% and a PEG of 1.93. Analysts' one-year estimates have been hit 45% of the time.

DATA AS OF 2026-08-21
Blended P/E
22.5
Normal P/E
16.2
PEG
1.93
Fwd growth
11.6%
Div yield
2.3%
RSI (14)
46.0
Neutral

The Street vs SeerForecast

Wall Street's mean price target for LMT is $632.95 across 19 analysts, 12.3% above the current price. The average analyst rating is Hold. Our SeerForecast read of the same stock, formed without analyst targets: trading above fair value. When the two disagree, start your digging there.

Valuation flags

Verdict history

tickerseer's rating has been trading above fair value since 2026-06-03.

Price and rating by weekClose moved +18.9 percent from 2026-06-03 to 2026-08-17, with 0 rating changes over 21 recorded weeks.2026-06-03: Trading above fair value, close 512.03 (recalculated)2026-06-10: Trading above fair value, close 525.02 (recalculated)2026-06-14: Trading above fair value, close 540.33 (recalculated)2026-06-16: Trading above fair value, close 535.95 (recalculated)2026-06-21: Trading above fair value, close 510.95 (recalculated)2026-07-02: Trading above fair value, close 545.91 (recalculated)2026-07-06: Trading above fair value, close 538.00 (recalculated)2026-07-09: Trading above fair value, close 518.26 (recalculated)2026-07-12: Trading above fair value, close 523.22 (recalculated)2026-07-13: Trading above fair value, close 520.68 (recalculated)2026-07-14: Trading above fair value, close 514.99 (recalculated)2026-07-20: Trading above fair value, close 509.54 (recalculated)2026-07-22: Trading above fair value, close 514.36 (recalculated)2026-07-25: Trading above fair value, close 582.60 (recalculated)2026-07-27: Trading above fair value, close 580.00 (recalculated)2026-07-31: Trading above fair value, close 582.74 (recalculated)2026-08-03: Trading above fair value, close 582.742026-08-07: Trading above fair value, close 587.95 (recalculated)2026-08-10: Trading above fair value, close 587.952026-08-14: Trading above fair value, close 608.68 (recalculated)2026-08-17: Trading above fair value, close 608.685126092026-06-032026-08-17
Attractively valuedFairly valuedAbove fair valueLarger dot: a stronger reading

Not every point was recorded live. Points marked recalculated apply today's valuation rules to the metrics tickerseer archived that week.

2026-06-03P/E 21.6+33%Trading above fair value
2026-06-10P/E 20.9+29%Trading above fair value
2026-06-14P/E 20.9+29%Trading above fair value
2026-06-16P/E 20.9+29%Trading above fair value
2026-06-21P/E 20.9+29%Trading above fair value
2026-07-02P/E 20.3+25%Trading above fair value
2026-07-06P/E 21.2+31%Trading above fair value
2026-07-09P/E 21.2+31%Trading above fair value
2026-07-12P/E 20.2+25%Trading above fair value
2026-07-13P/E 20.2+25%Trading above fair value
2026-07-14P/E 20.2+25%Trading above fair value
2026-07-20P/E 19.5+20%Trading above fair value
2026-07-22P/E 19.5+20%Trading above fair value
2026-07-25P/E 22.1+36%Trading above fair value
2026-07-27P/E 22.1+36%Trading above fair value
2026-07-31P/E 21.5+33%Trading above fair value
2026-08-03P/E 21.8+35%Trading above fair value
2026-08-07P/E 21.7+34%Trading above fair value
2026-08-10P/E 21.9+35%Trading above fair value
2026-08-14P/E 22.1+36%Trading above fair value
2026-08-17P/E 22.5+39%Trading above fair value
2026-08-21P/E 22.5+39%Trading above fair value ← now

Frequently asked questions

Is Lockheed Martin stock overvalued?

At a blended P/E of 22.5 versus its historical normal P/E of 16.2, Lockheed Martin trades about 39% above its typical valuation, with a PEG of 1.93 on 11.6% forward growth. tickerseer currently rates it trading above fair value.

What is Lockheed Martin's fair value and PEG?

Lockheed Martin trades at a blended P/E of 22.5 against a historical normal P/E of 16.2, a PEG of 1.93, and a forward growth estimate of 11.6%.

Has tickerseer's rating of Lockheed Martin changed?

tickerseer's rating has been trading above fair value since 2026-06-03.

What is the analyst price target for Lockheed Martin?

The mean Wall Street price target for Lockheed Martin is $632.95 across 19 analysts, 12.3% above the current price. tickerseer's SeerForecast verdict is formed independently of analyst targets.

Industry: Aerospace & Defense. Create a free account to see the full analysis: the SeerAI score, its five quality sub-scores, valuation history, and the AI research note. Options setups and metric history are part of the paid plans.

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