- General Dynamics secures a significant $621.06 million contract modification from the U.S. Army.
- Analysts project an average price target of $293.48 for GD, suggesting an upside potential of nearly 4%.
- GuruFocus estimates a GF Value of $313.06, indicating a prospective upside of over 10%.
General Dynamics (GD, Financial) has recently been awarded a substantial contract modification valued at $621.06 million from the U.S. Army. This contract pertains specifically to the supply of SGT Stout systems along with related services. Managed by the Army Contracting Command in Alabama, the project is expected to reach completion by September 2028. This award marks a significant milestone for General Dynamics in strengthening its ties with the Department of Defense and enhancing its long-term revenue prospects.
Wall Street Analysts' Insights
Wall Street analysts have set their sights on General Dynamics Corp (GD, Financial) with an average one-year price target of $293.48, with estimates ranging from a high of $330.00 to a low of $239.00. This average target indicates a potential upside of 3.95% from the current trading price of $282.32. Investors seeking more in-depth estimate data are encouraged to visit the General Dynamics Corp (GD) Forecast page.
The consensus recommendation from 24 brokerage firms places General Dynamics Corp (GD, Financial) at an average rating of 2.5, which corresponds to an "Outperform" status. This rating scale ranges from 1, indicating a Strong Buy, to 5, representing a Sell. Such a recommendation underscores the market's positive sentiment towards General Dynamics' future performance.
GuruFocus Metrics: GF Value Analysis
According to GuruFocus estimates, the projected GF Value for General Dynamics Corp (GD, Financial) in the coming year stands at $313.06. This projection suggests a significant upside potential of 10.89% from the current price of $282.32. The GF Value is GuruFocus' assessment of a stock's fair value, calculated based on historical trading multiples, past business growth, and future performance estimates. For a deeper dive into these metrics, investors can refer to the General Dynamics Corp (GD) Summary page.
