{
  "id": 15004650,
  "title": "Why Lockheed Martin Stock Keeps Going Up",
  "url": "https://urgent.news/2026/10/16/why-lockheed-martin-stock-keeps-going-up",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-16T17:26:17.000Z",
  "source": {
    "name": "Motley Fool",
    "slug": "motley-fool",
    "url": "https://www.fool.com/investing/2026/10/16/why-lockheed-martin-stock-keeps-going-up/?source=iedfolrf0000001"
  },
  "original_language": "en",
  "account": "Over the past month, UBS analyst Gavin Parsons has upgraded Lockheed Martin's (LMT) stock to a \"buy\" and set a $674 price target, anticipating a 26% increase. This growth is driven by sales in missiles, munitions, F-35 stealth fighters, helicopters, and Trident nuclear missiles, which are expected to generate a 9% sales growth for the defense company in the coming years. Since Parsons' upgrade on September 8, Lockheed stock has increased by 2.5%, marking its third consecutive day of gains.\n\nParsons believes that the Missiles and Fire Control (MFC) division will grow by 150% over five years, with sales expected to rise 20% annually through 2030. This growth is estimated to add $7bn, $5bn, and $3bn in revenue to the company's top line through sales of PAC-3 Patriot and THAAD air defense missiles, and JASSM/LRASM attack missiles, respectively. UBS, however, doesn't expect such growth, suggesting that Lockheed Martin could potentially deliver positive earnings surprises for years.\n\nOne of the reasons this growth is particularly important for investors is that MFC is Lockheed Martin's most profitable division, with a 13% operating profit margin compared to the company's overall 10.7% profitability. If the company achieves its 20% annual sales growth, profits could grow even faster, at a rate 4% higher than the 17% growth predicted for the rest of Wall Street. With its share price currently below 20 times earnings, Lockheed Martin stock appears to be an attractive buy for investors.",
  "summary": "Lockheed stock is up since UBS recommended it a month ago. Now the analyst thinks it will go up even more.",
  "key_points": [
    "UBS analyst upgrades Lockheed Martin stock to \"buy\" with $674 price target.",
    "Missiles, munitions, F-35 fighters, and nuclear missiles to drive 9% sales growth.",
    "MFC division expected to grow 150% over five years, adding $15bn revenue."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Nasdaq Markets",
        "title": "Why Lockheed Martin Stock Keeps Going Up",
        "url": "https://urgent.news/2026/10/16/why-lockheed-martin-stock-keeps-going-up-15013436",
        "published": "2026-10-16T17:46:17.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}