General Dynamics (NYSE:GD) Price Target Cut to $390.00 by Analysts at BNP Paribas Exane

Key Points

• BNP Paribas Exane cut its price target on General Dynamics from $430 to $390 while keeping an "outperform" rating, implying roughly a 13.85% upside from the stock's prior close.
• General Dynamics posted a strong Q1 beat (EPS $4.10 vs. $3.67; revenue $13.48B vs. $12.70B), raised 2026 EPS guidance to $16.45–$16.55, and reported bookings of about $26.6B with a backlog near $131B.
• Insider selling accelerated recently: CEO Phebe N. Novakovic and EVP Mark Lagrand Burns were among insiders who sold shares, with insiders offloading 51,260 shares worth roughly $18.13M in the past three months.

General Dynamics (NYSE:GD - Get Free Report) had its target price dropped by BNP Paribas Exane from $430.00 to $390.00 in a report released on Thursday,MarketScreener reports. The brokerage currently has an "outperform" rating on the aerospace company's stock. BNP Paribas Exane's price objective would suggest a potential upside of 13.85% from the stock's previous close.

Other research analysts have also issued research reports about the stock. DA Davidson reduced their price objective on shares of General Dynamics from $384.00 to $375.00 in a research note on Thursday. Wolfe Research upped their target price on shares of General Dynamics from $400.00 to $415.00 and gave the company an "outperform" rating in a research note on Monday, January 12th. Sanford C. Bernstein reiterated a "market perform" rating and issued a $398.00 target price on shares of General Dynamics in a report on Monday, January 12th. Wall Street Zen lowered shares of General Dynamics from a "buy" rating to a "hold" rating in a report on Saturday, January 31st. Finally, Bank of America restated a "buy" rating and issued a $400.00 price objective on shares of General Dynamics in a research report on Friday, January 30th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, General Dynamics has an average rating of "Moderate Buy" and an average price target of $387.70.

General Dynamics Trading Down 0.5%

NYSE GD opened at $342.56 on Thursday. General Dynamics has a 12 month low of $266.98 and a 12 month high of $369.70. The stock has a 50-day simple moving average of $345.59 and a 200 day simple moving average of $346.18. The company has a current ratio of 1.38, a quick ratio of 0.89 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $92.78 billion, a PE ratio of 21.58, a P/E/G ratio of 2.26 and a beta of 0.38.

General Dynamics (NYSE:GD - Get Free Report) last posted its earnings results on Wednesday, April 29th. The aerospace company reported $4.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.67 by $0.43. The company had revenue of $13.48 billion during the quarter, compared to analyst estimates of $12.70 billion. General Dynamics had a return on equity of 17.41% and a net margin of 8.07%.The company's revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the company earned $3.66 EPS. Research analysts forecast that General Dynamics will post 16.3 EPS for the current year.

Insider Activity at General Dynamics

In related news, CEO Phebe N. Novakovic sold 32,918 shares of the firm's stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.09, for a total transaction of $11,655,934.62. Following the sale, the chief executive officer directly owned 766,457 shares in the company, valued at $271,394,759.13. This trade represents a 4.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Mark Lagrand Burns sold 10,153 shares of the business's stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $354.95, for a total transaction of $3,603,807.35. Following the completion of the sale, the executive vice president directly owned 38,975 shares in the company, valued at $13,834,176.25. This represents a 20.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 51,260 shares of company stock worth $18,133,971. Corporate insiders own 1.40% of the company's stock.

Institutional Trading of General Dynamics

A number of institutional investors have recently modified their holdings of GD. Dunhill Financial LLC grew its holdings in shares of General Dynamics by 620.0% during the third quarter. Dunhill Financial LLC now owns 72 shares of the aerospace company's stock worth $25,000 after buying an additional 62 shares in the last quarter. KERR FINANCIAL PLANNING Corp acquired a new position in General Dynamics during the 3rd quarter worth approximately $25,000. Dagco Inc. acquired a new position in General Dynamics during the 4th quarter worth approximately $25,000. Whipplewood Advisors LLC grew its stake in shares of General Dynamics by 1,725.0% during the 1st quarter. Whipplewood Advisors LLC now owns 73 shares of the aerospace company's stock worth $25,000 after acquiring an additional 69 shares in the last quarter. Finally, Burkett Financial Services LLC raised its holdings in shares of General Dynamics by 650.0% in the third quarter. Burkett Financial Services LLC now owns 75 shares of the aerospace company's stock valued at $26,000 after purchasing an additional 65 shares during the last quarter. 86.14% of the stock is currently owned by institutional investors.

General Dynamics News Roundup

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

• Positive Sentiment: Q1 beat and raised full‑year guidance — GD reported Q1 revenue of about $13.5B and EPS of $4.10, topped estimates, said companywide bookings were ~$26.6B and backlog near $131B, and raised 2026 EPS guidance to $16.45–$16.55, giving clearer earnings visibility. Why General Dynamics (GD) Is Up 5.6% After Raising 2026 EPS Guidance On Marine Strength
• Positive Sentiment: Analyst upgrades and higher price targets — Morgan Stanley and JPMorgan raised targets and kept/added overweight ratings (MS target raised to $435; JPMorgan to $400), which supports upside expectations and likely helped buying interest. General Dynamics NYSE: GD Given New $435.00 Price Target at Morgan Stanley Benzinga: JPMorgan raises price target
• Positive Sentiment: Marine/shipbuilding momentum — Management highlighted improved shipyard productivity and contract progress (including Columbia‑class sub tracking) as a driver of the upgraded outlook and order flow, supporting longer‑term revenue visibility. First Columbia-class Sub Tracking to 2028 Delivery, General Dynamics Says
• Neutral Sentiment: Mixed analyst views remain — Some firms (e.g., RBC) simply reaffirmed coverage and a $385 target (sector perform), reflecting differing views on valuation vs. defense order strength. That keeps a range of opinions on potential upside. Benzinga: RBC reaffirms sector perform

About General Dynamics

General Dynamics is a major American aerospace and defense contractor that designs, manufactures and supports a broad range of products and services for government and commercial customers worldwide. Headquartered in the United States (Reston, Virginia), the company supplies platforms and systems used by armed forces, civil authorities and private operators across multiple domains including air, land, sea and cyber.

Its principal activities span several operating businesses: a business aviation unit that develops and supports Gulfstream business jets; land systems that produce armored combat vehicles and related logistics and sustainment services; marine systems that design and construct submarines and surface ships for navies; and mission systems and information technology operations that provide command-and-control, communications, cybersecurity and systems-integration services.

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