Lockheed Martin Stock 10-Day Winning Spree: Stock Climbs 10%
Lockheed Martin (LMT) stock hit day 10 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 10% return. The company has gained about $11 Bil in value over the last 10 days, with its current market capitalization at about $116 Bil. The stock remains 2.6% above its value at the end of 2024. This compares with year-to-date returns of 15.9% for the S&P 500.
Amid burgeoning global defense needs, Lockheed Martin’s recent streak reflects robust contract momentum, notably a $1.14 billion F-35 modification and $433 million Black Hawk boost, coupled with strong Q3 2025 results revealing a record $179 billion backlog. This resilience, amplified by strategic investments in AI and hypersonics, underscores investor confidence in sustained demand and future earnings growth, with analysts projecting a 31% EPS climb in 2026.
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. Our take: There are a few things to fear in LMT stock given its overall Moderate operating performance and financial condition. But keeping in mind its High valuation, we think that the stock is Unattractive (see Buy or Sell LMT).
For quick background, LMT provides research, design, development, and integration of technology systems across aeronautics, missiles, rotary missions, and space, including satellites, space transport, and advanced missile systems.
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Comparing LMT Stock Returns With The S&P 500
The following table summarizes the return for LMT stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | LMT | S&P 500 |
|---|---|---|
| 1D | 0.9% | -0.2% |
| 10D (Current Streak) | 10.3% | 0.1% |
| 1M (21D) | 7.1% | 1.2% |
| 3M (63D) | 2.9% | 3.2% |
| YTD 2025 | 2.6% | 15.9% |
| 2024 | 10.0% | 23.3% |
| 2023 | -4.3% | 24.2% |
| 2022 | 40.5% | -19.4% |
However, big gains can follow sharp reversals – but how has LMT behaved after prior drops? See LMT Dip Buyer Analysis to learn more.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 105 S&P constituents with 3 days or more of consecutive gains and 41 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 31 | 31 |
| 4D | 41 | 4 |
| 5D | 24 | 4 |
| 6D | 3 | 2 |
| 7D or more | 6 | 0 |
| Total >=3 D | 105 | 41 |
Key Financials for Lockheed Martin (LMT)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $67.6 Bil | $71.0 Bil |
| Operating Income | $8.5 Bil | $7.0 Bil |
| Net Income | $6.9 Bil | $5.3 Bil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ2 | 2025 FQ3 |
|---|---|---|
| Revenues | $18.2 Bil | $18.6 Bil |
| Operating Income | $649.0 Mil | $2.3 Bil |
| Net Income | $342.0 Mil | $1.6 Bil |
While LMT stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.