Lockheed Martin (LMT) Following Its Earnings Beat And F 35 Deal Still Looks Undervalued

Lockheed Martin (LMT) just paired a Q3 earnings beat with another increase to its 2026 outlook, supported by double digit sales and profit growth and a new decade long F-35 framework. The strong Q3 print and raised 2026 outlook have been met with a sharp re-rating in Lockheed Martin’s shares, with a 1-day share price return of 6.96% and a 7-day move of 10.75% pushing the stock to $589.91. That short term momentum sits on top of a 12.94% 1-month share price return and an 18.68% year to date...