RBC cuts target for General Dynamics stock to USD 360.00

Published on 10/20/2026 at 10:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC cut its target from USD 410.00 to USD 360.00 on October 15, 2026. General Dynamics stock costs EUR 304.55 on October 20, 2026.

Leadership and earnings calendar

RBC Capital Markets cut its target from USD 410.00 to USD 360.00 on October 15, 2026.
General Dynamics reported Q2 2026 revenue of USD 14.09 billion and net income of USD 1.16 billion.
General Dynamics stock traded at EUR 304.55 at 10:43 a.m. CEST at Lang & Schwarz on October 20, 2026.
Third-quarter results are scheduled for October 30, 2026.

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General Dynamics (ISIN US3695501086) was quoted at EUR 304.55 at Lang & Schwarz on October 20, 2026 at 10:43 a.m. CEST, while RBC Capital Markets had cut its price target from USD 410.00 to USD 360.00 on October 15, 2026. The rating stayed Sector Perform, keeping the analyst action as the clearest recent valuation signal.

Target cut sharpens the debate

According to MarketScreener, RBC cited supply-chain and budget risks when lowering the target. The new USD 360.00 target leaves the analyst view only modestly above the USD 341.43 NYSE reference price shown for October 19, 2026.

The operating backdrop is stronger than the target revision alone suggests. General Dynamics reported USD 14.09 billion of revenue, USD 1.16 billion of net income and diluted earnings per share of USD 4.24 for the second quarter of 2026, according to Markets Insider. Revenue was USD 13.04 billion in the year-earlier quarter, while net income was USD 1.01 billion.

Three dated signals shape the setup

On October 7, 2026, General Dynamics said Danny Deep would become CEO on January 1, 2027, succeeding Phebe Novakovic, in a release from General Dynamics. On October 9, the company scheduled its third-quarter results webcast for October 30 at 9:00 a.m. EDT, also in an official release. On October 15, RBC lowered its target to USD 360.00 from USD 410.00, according to MarketScreener.

What dates matter next?

The next scheduled date is October 30, 2026, when General Dynamics will present third-quarter results. January 1, 2027, is the stated effective date for Deep's move to CEO and Novakovic's transition to executive chairman.

Stock trades before the next report

General Dynamics has four operating groups spanning aerospace, marine systems, combat systems and technologies. Its second-quarter operating profit was USD 1.46 billion, giving investors a concrete profitability reference ahead of the October 30 report.

General Dynamics stock was trading at EUR 304.55 at Lang & Schwarz on October 20, 2026 at 10:43 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of General Dynamics stock.