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General Dynamics (GD) Stock Forecast & Price Target

General Dynamics logo
$285.85 -2.14 (-0.74%)
(As of 11:15 AM ET)

General Dynamics - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
7
Buy
11

Based on 18 Wall Street analysts who have issued ratings for General Dynamics in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 18 analysts, 7 have given a hold rating, 10 have given a buy rating, and 1 has given a strong buy rating for GD.

Consensus Price Target

$323.69
13.24% Upside
According to the 18 analysts' twelve-month price targets for General Dynamics, the average price target is $323.69. The highest price target for GD is $354.00, while the lowest price target for GD is $284.00. The average price target represents a forecasted upside of 13.24% from the current price of $285.85.
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GD Analyst Ratings Over Time

TypeCurrent Forecast
11/19/23 to 11/18/24
1 Month Ago
10/20/23 to 10/19/24
3 Months Ago
8/21/23 to 8/20/24
1 Year Ago
11/19/22 to 11/19/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
10 Buy rating(s)
11 Buy rating(s)
12 Buy rating(s)
7 Buy rating(s)
Hold
7 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
3 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$323.69$320.18$315.06$263.43
Forecasted Upside13.24% Upside3.79% Upside6.51% Upside7.66% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

GD Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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GD Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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General Dynamics Stock vs. The Competition

TypeGeneral DynamicsAerospace CompaniesS&P 500
Consensus Rating Score
2.67
2.66
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside12.40% Upside115.32% Upside9.87% Upside
News Sentiment Rating
Positive News

See Recent GD News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Lower TargetHold ➝ Hold$309.00 ➝ $306.00+4.41%
10/29/2024Barclays
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$325.00 ➝ $330.00+8.58%
10/24/2024Sanford C. Bernstein
3 of 5 stars
 Lower TargetMarket Perform ➝ Market Perform$343.00 ➝ $331.00+9.32%
10/24/2024Royal Bank of Canada
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 Boost TargetOutperform ➝ Outperform$320.00 ➝ $330.00+8.66%
10/24/2024Wells Fargo & Company
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M. Akers
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Boost TargetEqual Weight ➝ Equal Weight$317.00 ➝ $322.00+5.59%
10/17/2024Susquehanna
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 Boost TargetPositive ➝ Positive$333.00 ➝ $352.00+14.86%
10/11/2024Seaport Res Ptn
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R. Safran
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DowngradeStrong-Buy ➝ Hold
10/10/2024Citigroup
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 Boost TargetBuy ➝ Buy$331.00 ➝ $354.00+19.49%
10/8/2024TD Cowen
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G. Khanna
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UpgradeStrong-Buy
8/9/2024Morgan Stanley
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 UpgradeEqual Weight ➝ Overweight$293.00 ➝ $345.00+18.64%
7/2/2024Robert W. Baird
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 Reiterated RatingOutperform ➝ Outperform$345.00 ➝ $345.00+21.16%
6/26/2024BTIG Research
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A. Madrid
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Initiated CoverageBuy$345.00+16.87%
4/29/2024Argus
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 Boost TargetBuy ➝ Buy$290.00 ➝ $310.00+7.11%
4/29/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$305.00 ➝ $335.00+17.79%
4/25/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$280.00 ➝ $298.00+4.55%
4/16/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$253.00 ➝ $284.00-0.70%
1/29/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$286.00 ➝ $296.00+12.15%
1/29/2024Alembic Global Advisors
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 DowngradeOverweight ➝ Neutral$296.00+11.36%
10/24/2023Bank Of America (Bofa)
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 Boost TargetBuy ➝ Buy$295.00 ➝ $305.00+30.91%
9/26/2023Berenberg Bank
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 Boost TargetMarket Perform ➝ Market Perform$254.00 ➝ $258.00+17.63%
4/27/2023Credit Suisse Group
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 Lower Target$239.00 ➝ $220.00+2.41%
3/30/2023William Blair
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L. Dipalma
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Initiated CoverageOutperform
1/3/2023Cowen
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 Boost Target$260.00 ➝ $285.00+14.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 11:37 AM ET.


Should I Buy General Dynamics Stock? GD Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these General Dynamics pros and cons to contact@marketbeat.com.

General Dynamics
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in General Dynamics Co.:

  • General Dynamics Co. has a strong track record of consistent dividend payments, offering investors a reliable income stream. As of today, the dividend yield stands at 1.88%, providing a steady source of passive income.
  • With a consensus target price of $318.41, General Dynamics Co. is currently trading at $302.20, potentially indicating an undervalued stock with room for growth based on analysts' projections.
  • General Dynamics Co. operates in the aerospace and defense sector, which tends to be resilient during economic downturns, making it a defensive investment choice for uncertain market conditions.
  • The company's recent quarterly earnings report showed a revenue increase of 18.0% compared to the same period last year, demonstrating strong growth potential and financial performance.
  • Institutional investors, such as 1832 Asset Management L.P. and Massachusetts Financial Services Co. MA, have significantly increased their stakes in General Dynamics Co., indicating confidence in the company's future prospects.

General Dynamics
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in General Dynamics Co. for these reasons:

  • General Dynamics Co.'s stock price has been fluctuating around the $300 mark, potentially indicating a lack of significant short-term price movement or volatility, which may deter traders seeking quick gains.
  • While the company has a moderate buy consensus rating, there are five equities research analysts who have rated the stock as a hold, suggesting some uncertainty or mixed opinions about the company's future performance.
  • General Dynamics Co. operates in a highly regulated industry, subject to government contracts and geopolitical risks, which can impact the company's revenue and profitability based on political decisions and global events.
  • The company's debt-to-equity ratio of 0.33 may raise concerns among investors, as higher debt levels can increase financial risk and interest expenses, potentially affecting future earnings and cash flow.
  • General Dynamics Co.'s PE ratio of 24.35 and PEG ratio of 1.68 indicate that the stock may be trading at a premium compared to its earnings growth potential, potentially limiting upside for value-oriented investors.

GD Forecast - Frequently Asked Questions

According to the research reports of 18 Wall Street equities research analysts, the average twelve-month stock price forecast for General Dynamics is $323.69, with a high forecast of $354.00 and a low forecast of $284.00.

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for General Dynamics in the last year. There are currently 7 hold ratings, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GD shares.

According to analysts, General Dynamics's stock has a predicted upside of 13.24% based on their 12-month stock forecasts.

Over the previous 90 days, General Dynamics's stock had 2 downgrades and 1 upgrade by analysts.

General Dynamics has been rated by research analysts at Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, Royal Bank of Canada, Sanford C. Bernstein, Seaport Res Ptn, Susquehanna, TD Cowen, and Wells Fargo & Company in the past 90 days.

Analysts like General Dynamics more than other "aerospace" companies. The consensus rating score for General Dynamics is 2.67 while the average consensus rating score for "aerospace" companies is 2.66. Learn more on how GD compares to other companies.


This page (NYSE:GD) was last updated on 11/18/2024 by MarketBeat.com Staff
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