# Lockheed Stock Rises on UBS Buy Rating

> UBS upgrades Lockheed Martin stock to buy with $674 target after predicting 26% sales growth.
- Title: Lockheed Stock Rises on UBS Buy Rating · The Motley Fool
- Summary: UBS upgrades Lockheed Martin stock to buy with $674 target after predicting 26% sales growth. Lockheed Martin stock rose 1.08% to $629.75 after UBS analyst…
- Keywords: lockheed martin, ubs, gavin parsons, f-35, missiles, defense stocks, finance, money, Lockheed, Stock, Rises, Buy
- Source: The Motley Fool — https://fool.com/investing/2026/10/16/why-lockheed-martin-stock-keeps-going-up
- Author: Rich Smith
- Published: 2026-10-16T17:26:17+00:00
- Read time: 1 min
- Topics: lockheed martin, ubs, gavin parsons, f-35, missiles, defense stocks, finance, money
## UBS Upgrades Lockheed Stock
UBS analyst Gavin Parsons upgraded Lockheed Martin stock to 'buy' with a $674 price target, predicting 26% sales growth over the next few years.

> 26% upside
## Third Straight Day of Gains
Lockheed stock gained 2.5% today, marking its third consecutive day of gains since UBS upgraded it on Sept. 8.
## 20% Annual Sales Growth
UBS expects Lockheed's Missiles and Fire Control division to grow sales 20% annually through 2030, adding $7bn to revenue.

> $7bn
## Profitability Advantage
Lockheed's Missiles and Fire Control division delivers 13% operating profit margins versus the company's overall 10.7% profitability.

> 13% operating profit margins
## Key takeaway

Lockheed Martin stock rose 1.08% to $629.75 after UBS analyst Gavin Parsons upgraded it to 'buy' with a $674 price target.