Lockheed Martin stock hits a new high, supported by strong performance and order backlog

Lockheed Martin stock hit a 60-day high on February 12, driven by strong earnings guidance, expansion of defense orders, and strategic deployment plans in the Asia-Pacific region.

Recent Stock Performance

The closing price was $640.49, up 1.88%, with a high of $643.70 during the day. The stock has increased 5.14% over the past 5 days, 11.84% over the past 20 days, and 32.42% since the beginning of the year, significantly outperforming the market.

Financial Performance

The company expects net sales of $77.5 billion to $80 billion in 2026, with earnings per share of $29.35 to $30.25, both above market expectations.

Business Developments

An agreement with the U.S. Department of Defense will increase annual production of the THAAD missile interceptors from 96 to 400 units, and Patriot PAC-3 missile production from 600 to 2,000 units. By the end of 2025, backlog orders reached $194 billion, a record high.

Industry Policy Status

The company plans to deploy nearly 300 F-35 fighters in the Asia-Pacific region by 2035, strengthening joint air defense systems with allies such as Japan and Australia.

Company Fundamentals

The aerospace division, centered on the F-35, accounts for 40.32% of revenue. In Q4 2025, this division’s sales increased by 6.4% year-over-year, with missile business sales growing by 17.8%.

Company Valuation

The trailing twelve months (TTM) P/E ratio is 29.80, and the price-to-book ratio is 21.93, both above industry averages. Geopolitical uncertainties may impact the execution pace of long-term orders.

The above information is compiled from public sources and does not constitute investment advice.