Lockheed Martin Stock Drops 4.26% Amidst Reduced F-35 Orders, Trading Volume Ranks 36th

On June 11, 2025, Lockheed Martin (LMT) experienced a significant decline, with its stock price dropping by 4.26%. This marks the third consecutive day of decline, resulting in a total decrease of 5.21% over the past three days. The trading volume for the day was substantial, reaching $16.37 billion, placing it at the 36th position in terms of daily trading volume.

The U.S. Air Force has announced a significant reduction in its planned procurement of F-35 fighter jets for fiscal year 2026. Originally slated to purchase 48 units, the Air Force has now halved its order to 24. This strategic move is part of a broader cost-cutting measure that could have noteworthy implications for Lockheed Martin, a key supplier heavily reliant on this program.

Analysts have set an average price target for Lockheed Martin at $530.42, predicting a potential upside of 11.22%. Additionally, Lockheed Martin holds an "Outperform" status, reflected in an average brokerage recommendation of 2.4 derived from 25 firms. This rating operates on a scale of 1 to 5, where a score of 1 indicates a Strong Buy and 5 signifies a Sell position.

Through the lens of GuruFocus, Lockheed Martin Corp's estimated GF Value stands at $560.76, implying a potential upside of 17.58% from the current market price. This valuation reflects GuruFocus's holistic approach, combining historical trading multiples, past business growth, and future performance projections.