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GD

General Dynamics Corporation

NYSE: GD · INDUSTRIALS · AEROSPACE & DEFENSE

$344.30
+1.64% today

Updated 2026-04-30

Market cap
$93.11B
P/E ratio
21.64
P/S ratio
1.77x
EPS (TTM)
$15.91
Dividend yield
—
52W range
$263 – $368
Volume
1.4M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

General Dynamics Corporation (GD) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$344.30
Consensus
$367.00
+6.59%
2030 Target
$3,002.17
+771.96%
DCF
$285.95
-25.49% MoS
16 analysts:
9 Buy6 Hold1 Sell

Management guidance

No specific CEO revenue targets found in provided research data. Latest available analyst consensus shows FY2026 revenue of $56.33B (7.19% growth) and FY2027 revenue of $58.84B (4.46% growth). Company has provided 'strong FY2026 guidance' per recent earnings but specific revenue dollar targets not disclosed in available materials.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$4,991.99
$68.1B Rev × 20x P/S
Base case (2030)
$3,002.17
$68.1B Rev × 12x P/S
Bear case (2030)
$1,989.81
$68.1B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$42.3B$47.7B$52.5B$56.3B$58.8B$61.5B$64.5B$68.1B
Revenue growth—12.9%10.1%7.2%4.5%4.4%5.0%5.6%
EPS$12.02$13.64$15.45$16.79$18.56$20.15$21.95$23.85
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$2,478.54$2,583.27$2,722.90$2,862.54$3,002.17

Catalysts & risks

Growth catalysts
+ Virginia-class submarine program: $15.4B Navy contract for Columbia-class development plus $1.27B-$2.49B Electric Boat Virginia-class contract extensions securing multi-year revenue stream
+ Business jet product lineup refresh with strong international military vehicle demand supporting aerospace segment growth
+ Pentagon increasing defense spending with $200B+ Iran conflict appropriations; General Dynamics positioned as prime contractor across multiple defense programs
+ Electric Boat facility expansion (Crystal Mall to office complex, 3,000-5,000 employees by mid-2027) supporting production capacity and revenue scaling
Key risks
- Federal budget scrutiny and potential delays in defense appropriations could slow contract awards and revenue recognition timing
- GDIT announced 95-employee layoff in Montgomery County indicating potential operational challenges or program restructuring in IT segment
- Trump administration uncertainty on NATO spending and defense priorities creates policy risk to international military vehicle sales
- Competitive pressure from Lockheed Martin ($75B revenue), RTX ($88.6B), and Northrop Grumman ($41.95B) in overlapping defense markets

Methodology

General Dynamics Corporation's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 16 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 6, 2026.