Lockheed Martin (LMT) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $7.97
- Estimate
- $7.52
- Surprise
- +6.0%
- Revenue (period 2026-09-27)
- $20.71B
- Score at report (before → after)
- 5.9 → 5.6/10
Revenue source: xbrl.
How the report landed
Lockheed Martin (LMT) beat the $7.52 estimate with adjusted EPS of $7.97 — a clear 6.0% upside surprise. TrendMatrix's engine moved from Hold (5.9/10) to Sell at 5.6/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates LMT Sell at 5.6/10.
3 of the last 4 quarters beat the estimate; this quarter's +6.0% surprise compares with a +3.4% four-quarter average. Next scheduled report: 2027-01-26.
What supports the rating
- Strong earnings beat streak (3/4)
- Positive momentum
What argues against it
- Concentration risk — Customer: U.S. Government (72.0%)
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.4)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $643.59
- Stop
- $603.91
The stock trades at 22.9× trailing but 19.3× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 87 — a level conventionally read as overbought; gains at these levels often lean on momentum.
Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.
LMT at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Aerospace & Defense
- Market cap
- $148.67B
- P/E (fwd)
- 19.3
- P/E (ttm)
- 22.9
- 52-week range
- $437.25–$692.00
- Off 52-week high
- 7.0%
- RSI (14)
- 87
- Volume vs avg
- 1.38×
- Score today
- 5.6/10