General Dynamics (NYSE:GD) Price Target Raised to $386.00

General Dynamics (NYSE:GD) had its price target hoisted by equities researchers at Sanford C. Bernstein from $365.00 to $386.00 in a research note issued to investors on Tuesday, Benzinga reports. The brokerage currently has a “market perform” rating on the aerospace company’s stock. Sanford C. Bernstein‘s price objective would suggest a potential upside of 2.42% from the company’s previous close.

GD has been the topic of several other research reports. TD Cowen dropped their target price on shares of General Dynamics from $420.00 to $380.00 and set a “buy” rating on the stock in a report on Friday, October 9th. Morgan Stanley boosted their target price on shares of General Dynamics from $435.00 to $465.00 and gave the company an “overweight” rating in a research note on Thursday, July 30th. Weiss Ratings reissued a “buy (b)” rating on shares of General Dynamics in a report on Monday, September 28th. Bank of America raised their price target on General Dynamics from $400.00 to $415.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Finally, Susquehanna lifted their price objective on General Dynamics from $420.00 to $455.00 and gave the stock a “positive” rating in a report on Thursday, July 30th. Eleven analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $408.11.

General Dynamics Stock Up 0.9%

Shares of NYSE GD traded up $3.43 during trading on Tuesday, reaching $376.89. The company had a trading volume of 353,553 shares, compared to its average volume of 1,292,719. General Dynamics has a 12-month low of $306.77 and a 12-month high of $400.00. The company has a quick ratio of 0.96, a current ratio of 1.44 and a debt-to-equity ratio of 0.23. The business’s 50-day moving average is $351.22 and its 200 day moving average is $355.11. The stock has a market cap of $101.97 billion, a PE ratio of 22.19, a P/E/G ratio of 2.07 and a beta of 0.33.

General Dynamics (NYSE:GD) last announced its quarterly earnings data on Friday, October 30th. The aerospace company reported $4.49 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $0.37. The company had revenue of $14.57 billion during the quarter, compared to analyst estimates of $13.72 billion. General Dynamics had a net margin of 8.18% and a return on equity of 17.43%. The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period in the previous year, the business earned $3.88 EPS. As a group, equities analysts forecast that General Dynamics will post 16.99 earnings per share for the current fiscal year.

Insider Buying and Selling

In other General Dynamics news, Director Robert K. Steel sold 7,440 shares of the company’s stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $346.05, for a total transaction of $2,574,612.00. Following the completion of the sale, the director directly owned 3,096 shares of the company’s stock, valued at approximately $1,071,370.80. This represents a 70.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.40% of the company’s stock.

Institutional Investors Weigh In On General Dynamics

Hedge funds have recently modified their holdings of the business. Plancorp LLC purchased a new stake in General Dynamics in the third quarter worth about $218,000. May Hill Capital LLC raised its stake in shares of General Dynamics by 13.6% in the third quarter. May Hill Capital LLC now owns 726 shares of the aerospace company’s stock worth $241,000 after buying an additional 87 shares during the period. Alps Advisors Inc. lifted its position in shares of General Dynamics by 14.4% during the 3rd quarter. Alps Advisors Inc. now owns 16,421 shares of the aerospace company’s stock valued at $5,449,000 after buying an additional 2,070 shares in the last quarter. Ashton Thomas Private Wealth LLC lifted its position in shares of General Dynamics by 96.3% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 5,751 shares of the aerospace company’s stock valued at $1,908,000 after buying an additional 2,821 shares in the last quarter. Finally, International Assets Investment Management LLC grew its stake in shares of General Dynamics by 1.5% during the 3rd quarter. International Assets Investment Management LLC now owns 3,570 shares of the aerospace company’s stock valued at $1,188,000 after acquiring an additional 53 shares during the period. Institutional investors own 86.14% of the company’s stock.

General Dynamics News Roundup

Here are the key news stories impacting General Dynamics this week:

• Positive Sentiment: Raised 2026 guidance: General Dynamics now expects fiscal 2026 earnings per share of $17.20–$17.30, above the $17.00 consensus, and revenue of $56.5–$56.8 billion versus expectations of $55.9 billion. General Dynamics updated fiscal 2026 guidance
• Positive Sentiment: Record backlog supports long-term growth: Backlog reached approximately $220.3 billion—nearly double prior levels—helped by nuclear-submarine awards and strong defense demand. The backlog provides substantial future revenue visibility across Marine Systems, Aerospace, Combat Systems and Technologies. General Dynamics nuclear submarine awards drive backlog
• Positive Sentiment: Strong quarterly performance: Third-quarter revenue rose 12.9% year over year to $14.57 billion, while EPS of $4.49 exceeded the $4.12 consensus. Broad-based growth, productivity improvements and robust orders reinforced the company’s growth outlook. General Dynamics Q3 backlog and segment growth
• Positive Sentiment: Additional defense contract: General Dynamics Mission Systems received a contract modification to advance the MEDUSA program, adding to evidence of continued government demand. MEDUSA contract modification
• Neutral Sentiment: Higher analyst targets, but no bullish rating shift: Citigroup and RBC raised their price targets to $400, while retaining neutral or sector-perform ratings.
• Negative Sentiment: Execution and valuation risks remain: Analysts highlighted the challenge of converting the huge backlog into profitable deliveries, particularly in shipbuilding. BTIG maintained a Hold rating, while commentary also flagged the stock’s valuation and potential execution risk as a “catch.” General Dynamics execution risks

General Dynamics Company Profile

General Dynamics Corporation (NYSE: GD) is a global aerospace and defense company that develops, manufactures and supports products and services for government and commercial customers. Its operations serve the U.S. government, allied nations and other customers worldwide, with a significant focus on national security, military modernization and mission support.

The company operates through four primary business areas. Aerospace provides Gulfstream business jets and related aircraft services through Gulfstream Aerospace, as well as aircraft management, charter, maintenance and completions services through Jet Aviation.