GD Price Prediction Next Week
Based on the provided data and technical analysis, here's the prediction for General Dynamics (GD) for the next trading week:
Technical Analysis
- Current RSI (14) is 48.13, indicating neutral momentum but slightly leaning towards oversold territory
- MACD shows a bullish crossover with MACD line at -0.84 and signal line at -2.21, with positive histogram of 1.36
- 20-day SMA is at $264.72, serving as a key support level
- Fibonacci levels indicate:
- Resistance 1: $272.36
- Resistance 2: $276.02
- Support 1: $260.52
- Support 2: $256.86
News Impact Analysis
- Record military equipment sales of $318.7 billion in 2024, up 29% year-over-year, indicating strong sector fundamentals
- GD will report Q4 earnings on January 31, 2025, with analysts expecting positive results
- The company has maintained stable performance with defense contracts providing steady revenue streams
Price Prediction Based on technical indicators and news sentiment:
- Base case (60% probability): Stock likely to trade between $265-$272, with potential to test first resistance at $272.36
- Bullish case (25% probability): Break above $272.36 could push price to $276.02
- Bearish case (15% probability): Support at $260.52 should hold unless broader market weakness
Trading Recommendation BUY with entry point at current levels ($266.44):
- Set stop loss at $260.50 (below first support)
- First target: $272.36 (R1)
- Second target: $276.02 (R2)
The positive defense spending environment and upcoming earnings report provide fundamental support for upward movement, while technical indicators suggest a potential upward trend forming after recent consolidation.
GD Similar Chart Price Prediction
The price of GD is predicted to go up -46.92%, based on the high correlation periods with CTRN. The similarity of these two price pattern on the periods is 90.33%.
GD
CTRN
Down: -46.92%Similarity: 90.33%
GD Revenue Forecast
GD EPS Forecast
GD FAQs
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GD VS S&P500
General Dynamics' Gulfstream franchise has top-tier volume share and margin in the large end of the business jet market and has successfully transitioned to new models like the G700. Business jets are in high demand as the pandemic wanes.
General Dynamics' marine segment has decades of revenue visibility, thanks to the long-cycle nature of shipbuilding.
Defense prime contractors operate in an acyclical business, which could offer some protection if the US were to enter a recession.
GD Analyst's Forecast
Peter Arment
Baird
Buy → Hold
Price Target
$345 → $283
Upside
+6.74%
Baird downgraded General Dynamics (GD) to Neutral from Outperform with a price target of $283, down from $345. The firm cites the company's "poor" execution, G700 delivery headwinds, Naval shipyard delays, and Department of Government Efficiency headline risk for the downgrade. The firm expects "mixed results" across defense stocks in 2025, but remains bullish on defense technology players focusing on low-cost, next-generation solutions, while it expects DOGE headline risk to continue pressuring defense primes and IT services names. Kratos Defense (KTOS) is Baird's top pick entering 2025.
Matthew Akers
Wells Fargo
Hold
Price Target
$295 → $279
Upside
+6.7%
Charles Minervino
Susquehanna
Buy
Price Target
$330 → $315
Upside
+20.47%