GENERAL DYNAMICS CEO PREDICTS 2026 OPERATING EARNINGS OF $5.7 BILLION, WITH PER SHARE EARNINGS EXPECTED TO BE BETWEEN $16.10 AND $16.20

Written by Emily J. Thompson, Senior Investment Analyst

GD-2.71%

Source: moomoo

Updated: 15h ago

0mins

Source: moomoo

Company Overview: General Dynamics is projecting its operating earnings for 2026 to be around $5.7 billion.
Earnings Per Share: The expected earnings per share for 2026 are estimated to range between $16.10 and $16.20.

$356.68+Infinity%1D

Analyst Views on GD

Wall Street analysts forecast GD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GD is 386.85 USD with a low forecast of 360.00 USD and a high forecast of 410.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

15 Analyst Rating

7 Buy

8 Hold

0 Sell

Moderate Buy

Current: 366.620

Low

360.00

Averages

386.85

High

410.00

Current: 366.620

Low

360.00

Averages

386.85

High

410.00

Seaport Research

Richard Safran

maintain

$376 -> $444

2026-01-22

Reason

Seaport Research

Richard Safran

Price Target

$376 -> $444

AI Analysis

2026-01-22

maintain

Reason

Seaport Research analyst Richard Safran raised the firm's price target on General Dynamics to $444 from $376 and keeps a Buy rating on the shares. The firm believes Defense spending growth will be "far bigger and last longer" than expected, the analyst tells investors.

Scotiabank

Outperform

Sector Perform

downgrade

2026-01-21

Reason

Scotiabank

Price Target

2026-01-21

downgrade

Outperform

Sector Perform

Reason

Scotiabank downgraded Bombardier (BDRBF) to Sector Perform from Outperform with a price target of C$295, up from C$230, "solely on valuation" with the multiple doubling over the past year and largely closing the gap to its closest peer, General Dynamics (GD). The firm believes the multiple expansion is justified by management's continued solid execution on deleveraging, diversification and earnings growth, the analyst tells investors.

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JPMorgan

Overweight

maintain

$380 -> $385

2025-12-19

Reason

JPMorgan

Price Target

$380 -> $385

2025-12-19

maintain

Overweight

Reason

JPMorgan raised the firm's price target on General Dynamics to $385 from $380 and keeps an Overweight rating on the shares as part of its aerospace and defense outlook for 2026. The outlook for sector remains mostly positive into 2026, the analyst tells investors in a research note. In aerospace, JPMorgan expects strong demand and a gradual supply increase to drive "visible growth." The outlook for defense is "more nuanced," the firm adds.

Morgan Stanley

Equal Weight -> Overweight

upgrade

$385 -> $408

2025-12-16

Reason

Morgan Stanley

Price Target

$385 -> $408

2025-12-16

upgrade

Equal Weight -> Overweight

Reason

Morgan Stanley upgraded General Dynamics to Overweight from Equal Weight with a price target of $408, up from $385, as part of its 2026 outlook for aerospace and defense. The firm sees aerospace and defense as attractive going into 2026, saying demand continues to outpace supply growth. The defense sector offers good value as the stocks are not reflecting the growth in U.S. defense budget, the analyst tells investors in a research note.

About GD

General Dynamics Corporation is a global aerospace and defense company. It offers a portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions, and technology products and services. Its segments include Aerospace, Marine Systems, Combat Systems and Technologies. The Aerospace segment produces business jets and is the standard bearer in new technology aircraft, aircraft repair, customer support and custom completion services. The Marine Systems segment designs and builds nuclear-powered submarines and is engaged in surface combatant and auxiliary ship design and construction for the U.S. Navy. The Combat Systems segment manufactures land combat solutions worldwide, including wheeled and tracked combat vehicles, weapons systems and munitions. The Technologies segment provides a full spectrum of services, technologies and products to a range of military, intelligence, federal civilian and state customers.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.