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General Dynamics Corporation

GD · NYSE

Market closed$368.58$-0.240000 (-0.07%)After hours $369.06 · +0.13%

Key statistics

Previous close$368.82
Open$371.77
Day high$376.59
Day low$366.52
52-week high$380.71
52-week low$293.95
Market cap99.68B
Volume650.00K
Average volume1.32M
P/E ratio23.20
Forward P/E16.96
EPS15.89
Dividend yield+1.68%

Market context

Why it moved

General Dynamics edged slightly lower despite broadly positive fundamentals, as notable institutional and insider selling activity — including a significant stake reduction by Financiere des Professionnels and share sales by insiders — created modest selling pressure that offset the company's strong recent earnings beat and bullish analyst outlook.

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What is happening

Recent company-specific developments and publisher coverage.

July 18, 2026General Dynamics closed essentially flat, holding near the top of its 52-week range, as broader market weakness tied to escalating U.S.-Iran military tensions and a tech-driven selloff weighed on equities. The defense contractor continues to benefit from strong fundamental momentum — its most recent quarter saw EPS of $4.10 beat estimates of $3.67 and revenue of $13.48B grow 10.3% year-over-year — while a Jefferies analyst recently set a $440 price target and Morgan Stanley remains constructive on defense spending ahead of Q2 earnings, citing a potentially underestimated ~$1.1T FY2027 U.S. defense budget.

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July 17, 2026General Dynamics edged higher, buoyed by a major contract win announced Thursday: Prime Minister Carney unveiled a nearly C$2 billion ($1.4 billion) deal for GDLS-Canada to build 190 additional Armoured Combat Support Vehicles, expanding Canada's fleet and sustaining over 6,000 jobs annually. The contract win reinforces the company's strong defense order pipeline, complementing a separate $2.5 billion submarine construction agreement with Rhoads Industries announced by President Trump. Morgan Stanley also reiterated a bullish stance on aerospace and defense ahead of Q2 earnings, citing a likely ~$1.1 trillion U.S. defense budget for FY2027, while Jefferies recently set a $440 price target — well above the $391 consensus.

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July 16, 2026General Dynamics edged lower as the broader industrials sector faced modest headwinds, with the XLI sector ETF also pulling back on the day even as the S&P 500 closed near 52-week highs buoyed by favorable CPI data. Investor attention is turning toward Q2 earnings season, with Morgan Stanley reiterating a constructive stance on aerospace and defense—citing resilient demand, improving defense budgets, and a potential ~$1.1 trillion U.S. FY2027 base defense budget—while notable insider selling over the past 90 days ($27M in shares) tempers some enthusiasm despite the company's strong Q1 beat ($4.10 EPS vs. $3.67 consensus) and the analyst consensus Moderate Buy rating with a $391.15 average price target.

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July 15, 2026General Dynamics edged lower as defense sector peers also pulled back, with RTX closing down 1.53% on the same session. The stock traded on above-average volume amid a mixed macro backdrop — a cooler-than-expected June CPI print briefly lifted broader markets, but renewed U.S.-Iran tensions and rising oil prices kept defense investors cautious. Analysts maintain a consensus Moderate Buy with an average price target of $391.15, underpinned by a strong Q1 beat ($4.10 EPS vs. $3.67 est.) and 10.3% revenue growth, though notable insider selling — 78,190 shares worth ~$27M over the past 90 days — remains a watchpoint for sentiment.

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July 14, 2026General Dynamics shares closed modestly lower as broader market sentiment was rattled by renewed U.S.-Iran military hostilities that sent oil prices surging and weighed on equities broadly, though the defense 'Security Supercycle' narrative remains intact. Despite the day's pullback, GD continues to trade near its 52-week high of $380.71, well above its 50-day moving average of $350.54, supported by a strong Q1 beat ($4.10 EPS vs. $3.67 estimate, revenue up 10.3% YoY), a $118B backlog, and analyst consensus of 'Moderate Buy' with an average price target of $391.15.

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July 11, 2026General Dynamics closed essentially flat as investors look ahead to its Q2 earnings webcast scheduled for July 29, with the stock near its 52-week high of $380.71 and up roughly 10% over the past month. Analyst sentiment remains broadly constructive — Jefferies recently raised its price target to $440 with a Buy rating, while Bank of America lifted its target to $415 — underpinned by a strong Q1 beat (EPS of $4.10 vs. $3.67 expected, revenue up 10.3% YoY) and a $131B backlog. Ongoing U.S.-Iran military exchanges in the Gulf are adding geopolitical tailwinds to defense names broadly.

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July 10, 2026General Dynamics closed essentially flat as investors balanced a bullish analyst catalyst against a volatile geopolitical backdrop. Jefferies raised its price target on the stock from $400 to $440 while maintaining a Buy rating, reinforcing the Moderate Buy consensus with a $389 average target. Escalating U.S.-Iran hostilities in the Strait of Hormuz — a key driver of defense sector interest — provided a supportive macro tailwind, even as broader markets remained choppy. Investors are also looking ahead to the Q2 earnings webcast scheduled for July 29, following a strong Q1 beat where EPS of $4.10 topped estimates by $0.43 and revenue rose 10.3% year-over-year.

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July 9, 2026General Dynamics closed essentially flat amid a broader risk-off session triggered by President Trump declaring the U.S.-Iran ceasefire 'over,' sending oil surging over 5% and dragging major indices lower. The defense giant held up better than the broader market, with its low-beta profile (0.34) providing relative insulation, even as the Industrials ETF (XLI) slipped. Underlying fundamentals remain a tailwind: Q1 results delivered a significant earnings beat ($4.10 EPS vs. $3.67 estimate) on 10.3% revenue growth to $13.48B, and Jefferies and UBS both upgraded the stock to Buy in June with targets up to $400, supporting a consensus Moderate Buy rating.

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Reuters · July 16, 2026Canada inks near C$2 billion deal with General Dynamics for armored vehiclesSeeking Alpha · July 15, 2026Trump calls out General Dynamics on submarines amid push on defense contractors (GD:NYSE)Bloomberg.com · July 15, 2026Trump Urges Faster Submarine Production, Singles Out General Dynamics at SummitBloomberg Law News · July 14, 2026General Dynamics Names New Legal Chief, Maintaining Jenner TiesStock Titan · July 9, 2026General Dynamics will webcast Q2 results call on July 29Moomoo · July 6, 2026BofA Securities Maintains General Dynamics(GD.US) With Buy Rating, Raises Target Price to $415Simply Wall Street · June 3, 2026General Dynamics Texas Munitions Bet Reshapes Defense Capacity And Investor FocusPR Newswire · April 29, 2026General Dynamics Reports First-Quarter 2026 Financial Results
Benzinga · July 17, 2026Optex Systems Awarded $1.2M Contract From General Dynamics Land Systems Canada To Support The Light Armored Vehicle Weapon System Through 2029
Mt Newswire · July 16, 2026General Dynamics Wins $1.4 Billion Canada Armored Vehicle Deal
Benzinga · July 16, 2026Canada Investing ~C$2B Over Four Years In Partnership With General Dynamics Land Systems-Canada To Build, Deliver 190 Additional Armoured Combat Support Vehicles
Benzinga · July 16, 2026Jamie Dimon Backs Philadelphia Navy Yard With $24 Million as US Defense Spending Surges, Says 'The Arsenal of Democracy Has Been Reignited'
Mt Newswire · July 13, 2026Goldman Sachs Adjusts General Dynamics Price Target to $308 From $313, Maintains Sell Rating
Benzinga · July 9, 2026Jefferies Maintains Buy on General Dynamics, Raises Price Target to $440
Mt Newswire · July 9, 2026Jefferies Lifts General Dynamics Price Target to $440 From $400, Buy Rating Maintained
Mt Newswire · July 7, 2026Deutsche Bank Adjusts Price Target on General Dynamics to $380 From $377

Peers

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