Jefferies Raises General Dynamics Price Target 7% to $385, Maintains Hold Rating
Jefferies lifted its price target on General Dynamics to $385 from $360 while maintaining a Hold rating and alongside BofA’s Buy rating with a $400 target, yielding a 13.8% consensus upside. GD reported Q4 beats on combat and marine systems but projected 2026 EPS of $16.10–16.20, short of $17.29 estimates.
1. Analyst Ratings and Price Targets
Jefferies raised its price target on General Dynamics to $385 from $360 and maintained a Hold rating, while BofA Securities continues to back the stock with a Buy rating and a $400 target, reflecting a 13.8% average upside across 14 analysts.
2. Q4 Fiscal 2025 Results
General Dynamics reported better-than-expected fourth-quarter results, driven by growth in combat systems and marine segments that lifted both revenue and earnings above consensus forecasts.
3. 2026 EPS Guidance and Tariff Impact
The company projected 2026 EPS of $16.10–16.20, below the $17.29 analyst consensus, citing a greater tariff burden than in 2025 and anticipating profit margins to stay within a 15–17% range until 2028.