摩根士丹利表示，洛克希德·马丁可能因达成继续为美国国防部生产战斗机的协议而迎来反弹。该投行将这家国防承包商的评级从“持股观望”上调至“增持”，并将目标价从 690 美元上调至 835 美元，意味着较周五收盘价有 38% 的上涨空间。
Lockheed Martin may rally following a deal to continue producing fighter jets for the U.S. Department of Defense, according to Morgan Stanley. The investment bank upgraded the defense contractor to overweight from equal weight. It also raised its price target on shares to $835 from $690, suggesting 38% upside from Friday's close.
洛克希德·马丁上周宣布，已与美国政府就 F-35“闪电 II”隐身战机的生产达成一项为期 10 年的框架协议。分析师 Kristine Liwag 在致客户的研报中写道，这“消除了股票的重大风险”。“导弹产能按计划爬坡，推动‘导弹与火控’业务实现十几百分比的增长，提供上行动力。”
Lockheed Martin said last week it reached a 10-year framework with the U.S. government regarding the company's F-35 Lightning II stealth fighter production. This "takes significant risk out of the stock," analyst Kristine Liwag said in a note to clients. "Missile ramp on-pace, driving mid-teens [missiles and fire control] growth, providing upside."
该公告“为股票提供了一个重要的去风险事件，此前市场担心 F-35 可能成为美国国防预算中为导弹扩张‘买单’的项目。2026 年第三季度财报也传递了 LMT 弹药产能爬坡的积极信号，”该分析师表示。洛克希德·马丁周四公布的第三季度财报超出分析师预期。当日股价飙升近 7%，上周累计上涨逾 9%。
LMT YTD mountain LMT year to date The announcement provides "a significant derisking event for the stock, which had previously been weighed down by concerns that F-35 could be a 'billpayer' in the U.S. defense budget to fund missile expansion. 3Q26 earnings also provided positive news on LMT's munitions production ramp," the analyst said. Lockheed reported Thursday third-quarter earnings that beat analyst expectations. Shares rallied nearly 7% that day and ended last week up more than 9%.
Liwag 还指出，洛克希德·马丁与 Hadrian 等新兴防务科技企业的合作伙伴关系，有助于加快生产，并可能帮助公司抵御新兴防务制造商的颠覆。摩根士丹利的观点与华尔街共识一致。LSEG 数据显示，覆盖洛克希德·马丁的 26 位分析师中，13 位给予“买入”或“强烈买入”评级，12 位维持“持有”评级。该股 2026 年以来已上涨 25%。
Liwag also noted that Lockheed Martin's partnerships with newer defense technology players, including Hadrian, support faster production and could help protect the company from disruption by newer defense manufacturers. Morgan Stanley's call falls in line with consensus on Wall Street. Of the 26 analysts covering Lockheed Martin, 13 have a buy or strong buy on the stock, while 12 have a hold rating on it, LSEG data shows. Shares have popped 25% in 2026.