Citi cuts target for General Dynamics stock to USD 374.00
Published on 10/13/2026 at 16:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst changes and market markers
- On October 7, 2026, Citi lowered its General Dynamics target from USD 404.00 to USD 374.00.
- Revenue rose 8.10 percent year over year to USD 14.09 billion in the second quarter of 2026.
- General Dynamics stock costs EUR 295.75 at Lang & Schwarz on October 13, 2026 at 4:09 p.m. CEST, down 1.21 percent on the NYSE.
- General Dynamics is scheduled to report third-quarter 2026 results on October 22, 2026.
General Dynamics (ISIN US3695501086) received a lower target from Citi on October 7, 2026, when analyst John Godyn cut the figure from USD 404.00 to USD 374.00 while keeping a Hold rating, according to Markets Insider. The target change gives investors a defined benchmark for the next earnings update. General Dynamics stock was at EUR 295.75 at Lang & Schwarz on October 13, 2026 at 4:09 p.m. CEST, down 1.21 percent on the NYSE.
Revenue reaches USD 14.09 billion
General Dynamics reported USD 14.09 billion of revenue in the second quarter of 2026, up 8.10 percent from the year-earlier period. Adjusted earnings per share came to USD 4.24, above the USD 3.96 consensus estimate, while net income reached USD 1.16 billion, according to MarketBeat. The combination of higher revenue and a positive earnings comparison provides the clearest operating counterweight to the lower analyst target.
Stock remains inside its yearly range
The NYSE quote was USD 331.40 at 10:21 a.m. ET on October 13, 2026, down 1.21 percent from USD 335.46 on October 12, 2026. The USD 306.77 to USD 400.00 52-week range places the quote 17.15 percent below its high, calculated in the same currency.
General Dynamics had a market capitalization of USD 89.7 billion, a price-to-earnings ratio of 20.18 and a dividend yield of 2.00 percent on October 13, 2026. The company is scheduled to report its third-quarter 2026 results on October 22, 2026, with the date listed by Sync2Cal.
Comparison with peers
General Dynamics (NYSE, USD): minus 1.21 percent, P/E 20.18, market capitalization USD 89.7 billion
Lockheed Martin (NYSE, USD): minus 1.06 percent, P/E 18.65, market capitalization USD 116.9 billion
RTX (NYSE, USD): minus 2.11 percent, P/E 32.15, market capitalization USD 246.3 billion
Target cut meets an earnings test
Citi's USD 374.00 target is 12.85 percent above the USD 331.40 NYSE quote, while the latest quarterly comparison showed revenue growth and earnings above consensus. The October 22 reporting date now sets the next measurable checkpoint for the stock.
Price and trading reference
At Lang & Schwarz, General Dynamics stock stood at EUR 295.75 on October 13, 2026 at 4:09 p.m. CEST, down 1.21 percent on the NYSE versus the USD 335.46 close of October 12, 2026. The further course of trading is shown by the continuously updated real-time quote of General Dynamics stock.
General Dynamics market data
- Company: General Dynamics Corporation
- ISIN: US3695501086
- Ticker: GD
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 13, 2026, 4:09 p.m. CEST): EUR 295.75
- Home-market move: minus 1.21 percent on October 13, 2026
- Market capitalization: USD 89.7 billion (as of October 13, 2026)
- 52-week range: USD 306.77-400.00 (as of October 13, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Index membership: S&P 500
- Next earnings date: October 22, 2026
Market context: Market report S&P 500.
