Lockheed Martin Share growth 2024, Share Price target 2024,2025,2030,2040 and 2050 Historical Yearly Growth and Analysis, Lockheed Martin best defence stock to Invest in America.
Lockheed Martin Corporation (NYSE: LMT) is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. The company came into existence in March 1995 following the merger of Lockheed Corporation and Martin Marietta. It’s headquarters are located in North Bethesda, Maryland, within the Washington, D.C. vicinity.
Lockheed Martin is one of the World’s largest defense contractors and a major manufacturer of military aircraft, spacecraft, missiles, and fire control systems. The company’s products include the F-35 Lightning II fighter jet, the F-22 Raptor stealth fighter, the C-130 Hercules transport aircraft, the Aegis combat system, and the THAAD missile defense system.
Lockheed Martin is also a major player in the commercial aerospace market. The company is a leading manufacturer of commercial satellites and launch vehicles. Lockheed Martin is also involved in the development of new technologies such as self-driving cars and hypersonic weapons.
Lockheed Martin’s Contribution to the American Economy:
Lockheed Martin plays a substantial role in the American economy, employing more than 115,000 individuals in the United States and generating annual sales exceeding $67 billion. The company’s influence stretches nationwide, with its facilities present in 44 states, and its suppliers spread across all 50 states.
Lockheed Martin Share Price expected growth in upcoming years:
The stock has gained over 10% year-to-date, while the S&P 500 index has lost over 15%. Lockheed Martin stock has performed well in recent years. The stock has gained over 50% in the past five years and over 100% in the past ten years.
Lockheed Martin’s share price expected growth in the upcoming years is positive. Analysts are generally bullish on the stock, with an average price target of $550, which represents a potential upside of over 13% from the current price.
Here are some specific analyst targets for LMT share price in the upcoming years:
| Analyst | Target Price | Timeframe |
|---|---|---|
| Morgan Stanley | $555 | 12 months |
| Citigroup | $532 | 12 months |
| Deutsche Bank | $525 | 12 months |
| Jefferies | $515 | 12 months |
| UBS | $505 | 12 months |
Lockheed Martin Share Price Prediction 2024
| Year 2024 | Lockheed Martin Stock Price Prediction 2024 $480.89 |
Lockheed Martin Share Price Prediction 2025
| Year 2025 | Lockheed Martin Stock Price Prediction 2025 $660.98 |
Lockheed Martin Share Price Prediction 2030
| Year 2030 | Lockheed Martin Stock Price Prediction 2030 $1,064.51 |
Lockheed Martin Share Price Prediction 2040
| Year 2040 | Lockheed Martin Stock Price Prediction 2040 $2,761.07 |
Lockheed Martin Share Price Prediction 2050
| Year 2050 | Lockheed Martin Stock Price Prediction 2050 $7,161.51 |
Lockheed Martin Current Share Price, Trends, Open And Prev. Close – Read Here
Top Investors in Lockheed Martin (LMT)
| Rank | Investor | Country | Stock Percentage |
|---|---|---|---|
| 1 | Vanguard Group | United States | 10.2% |
| 2 | BlackRock Fund Advisors | United States | 7.4% |
| 3 | State Street Corporation | United States | 6.6% |
| 4 | SSgA Funds Management, Inc. | United States | 4.2% |
| 5 | Wellington Management Company LLP | United States | 3.8% |
| 6 | Capital Research Global Investors | United States | 3.7% |
| 7 | JPMorgan Chase & Co. | United States | 3.6% |
| 8 | T. Rowe Price Associates, Inc. | United States | 3.4% |
| 9 | Geode Capital Management, LLC | United States | 3.3% |
| 10 | Dimensional Fund Advisors LP | United States | 3.2% |
| 11 | Norges Bank Investment Management | Norway | 1.2% |
| 12 | Japan Post Bank | Japan | 1.1% |
| 13 | Government of Singapore Investment Corporation | Singapore | 0.9% |
| 14 | Nikko Asset Management | Japan | 0.8% |
| 15 | Aberdeen Asset Management | UK | 0.7% |
Official Site Of Lockheed Martin
Some Frequently Asked Questions:
What is Lockheed Martin Corporation, and when was it formed?
Lockheed Martin Corporation (NYSE: LMT) is an American aerospace, arms, defense, information security, and technology corporation. It was formed in March 1995 after the merger of Lockheed Corporation and Martin Marietta.
What is Lockheed Martin’s role in the defense industry?
Lockheed Martin is one of the world’s largest defense contractors and manufactures military aircraft, spacecraft, missiles, and fire control systems. They develop advanced technologies to protect against incoming artillery, rockets, and missiles.
