General Dynamics

GD · NYSE

$344.44+$3.01 (+0.88%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $341.43

GD analyst rating

BuyConsensus of 12 analysts over the last 12 months. 67% rate it a buy.

Strong buy0
Buy8
Hold4
Underperform0
Sell0

12-month price target · 25 analysts

Average $426.29 (+23.8% upside)

Low: $322.19
Now: $344.44
High: $488.25

Upgrades and downgrades

The latest rating actions, newest first

GD analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
RBC Capital	Oct 15, 2026	Maintains	Sector Perform	$410.00 → $360.00	59%
Bernstein	Oct 14, 2026	Maintains	Market Perform	$407.00 → $365.00	39%
TD Cowen	Oct 9, 2026	Maintains	Buy	$420.00 → $380.00	63%
Citigroup	Oct 7, 2026	Maintains	Neutral	$404.00 → $374.00	27%
Bernstein	Sep 23, 2026	Maintains	Market Perform	$421.00 → $407.00	39%
UBS	Sep 8, 2026	Maintains	Neutral	$395.00 → $408.00	49%
Wells Fargo	Aug 4, 2026	Maintains	Overweight	$400.00 → $440.00	69%
UBS	Aug 3, 2026	Maintains	Neutral	$366.00 → $395.00	49%
BNP Paribas	Jul 30, 2026	Maintains	Outperform	$390.00 → $430.00	0%
Citigroup	Jul 30, 2026	Maintains	Neutral	$364.00 → $404.00	27%

The case for and against

Updated Mar 20, 2026

Bull case

General Dynamics exhibits a positive outlook due to its improving fundamentals, which are anticipated to drive a higher company valuation moving forward. The expectation of meaningful growth in unspent budget authority, projected to rise significantly with the FY26 budget, bodes well for future funding and revenue opportunities. Additionally, enhanced margins in the Aerospace segment, particularly related to the G700 learning curve, alongside improved contract performance in the Combat systems segment, further support an elevated earnings forecast for 2026.

Bear case

General Dynamics is experiencing a neutral investor sentiment that reflects a broader lack of enthusiasm towards the company's prospects. Significant concerns arise from execution issues related to backlog to revenue conversion, particularly within the Aerospace and Marine segments, which could hinder overall financial performance. Additionally, while the Pentagon's urgency to replenish inventories and respond to global tensions may present opportunities, the firm's ongoing operational challenges could impede its ability to capitalize on such demands effectively.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.