What is Lockheed Martin's forward P/E ratio?

The forward P/E ratio is 16.31, according to Yahoo Finance.

Is Lockheed Martin stock undervalued?

A bullish thesis from Compounding Lab suggests the stock is undervalued due to its low forward P/E and strong government contract base.

What risks does Lockheed Martin face?

Risks include inflationary margin pressure, contract delivery delays, and geopolitical tensions.

Lockheed Martin Stock: Is It a Buy at Current Levels?

Compounding Lab's Substack published a bullish thesis on Lockheed Martin Corporation (LMT), noting that the stock trades at a forward P/E of 16.31, which is attractive compared to peers. The analysis cites strong government contracts and long-term growth prospects.

June 29, 2026

2 min read

Source: Insider Monkey

Key Numbers

stock price

491.64

trailing PE

23.81

forward PE

16.31

A bullish thesis on Lockheed Martin Corporation (LMT) was published on Compounding Lab's Substack, arguing that the stock is undervalued at current levels. As of June 24th, LMT shares traded at $491.64, with a trailing P/E of 23.81 and a forward P/E of 16.31, according to Yahoo Finance.

The Bullish Case

The thesis highlights Lockheed Martin's competitive advantages:

Long-term government contracts providing stable cash flows.
Diversified product portfolio including F-35 jets and missile systems.
Expected increases in global defense budgets.

The forward P/E of 16.31 is historically low for LMT, suggesting a buying opportunity.

Potential Risks

However, risks include:

Margin pressure from inflation.
Contract delivery delays.
Geopolitical uncertainties.

What It Means for Investors

While the valuation appears attractive, investors should weigh the risks and conduct their own due diligence before making investment decisions.

Frequently Asked Questions

Lockheed Martin shares were trading at $491.64 as of June 24, 2026.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.