RBC cuts target for General Dynamics stock to USD 360 from USD 410

Published on 10/19/2026 at 09:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

RBC cut its target to USD 360 from USD 410 on October 15, 2026. General Dynamics stock costs EUR 306.90 on October 19, 2026, with results due October 30.

Leadership and earnings timeline

Danny Deep is set to become CEO on January 1, 2027, after the October 7, 2026 board decision.
Second-quarter 2026 revenue reached USD 14.09 billion and diluted earnings per share were USD 4.24.
General Dynamics stock trades at EUR 306.90 at 9:04 a.m. CEST at Lang & Schwarz on October 19, 2026.

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General Dynamics stock (ISIN US3695501086) was trading at EUR 306.90 at Lang & Schwarz on October 19, 2026 at 9:04 a.m. CEST. The immediate company issue is an analyst target cut, while a leadership change and third-quarter results date shape the next decision points.

RBC Capital lowered its General Dynamics price target to USD 360 from USD 410 on October 15, 2026, while keeping a Sector Perform rating. Investing.com reported that the change reflected a softer Gulfstream delivery outlook, with RBC reducing its third-quarter delivery estimate from 41 aircraft to 38 and its full-year estimate from 162 to 160.

Three dated developments

On July 29, 2026, General Dynamics reported second-quarter revenue of USD 14.09 billion and diluted earnings per share of USD 4.24, compared with consensus earnings per share of USD 3.96; MarketBeat said revenue increased 8.1 percent year over year. On October 7, 2026, the board elected Danny Deep CEO effective January 1, 2027, with Phebe Novakovic moving to executive chairman, according to General Dynamics. On October 15, 2026, RBC cut its target from USD 410 to USD 360, as Investing.com reported.

What comes next for earnings?

The next test is the third-quarter report scheduled for October 30, 2026. General Dynamics said on October 9, 2026 that its results conference call will begin at 9:00 a.m. EDT; the announcement was carried by General Dynamics. The prior quarter provides a demanding comparison: operating profit was USD 1.46 billion, net income was USD 1.16 billion and operating margin was 10.00 percent in the quarter ended July 5, 2026.

Leadership transition sets a second date

Deep's appointment becomes effective January 1, 2027, after 25 years at the company and roles including president, executive vice president of Combat Systems and president of Land Systems. The transition places operating execution and Gulfstream delivery performance alongside the October reporting date as the clearest near-term reference points.

Stock price and investor frame

The euro quote places General Dynamics in the pre-market-to-regular-session transition for German investors, while the primary listing is on the NYSE in USD. The company operates across Aerospace, Marine Systems, Combat Systems and Technologies, giving the analyst debate a broader operational frame than Gulfstream deliveries alone.

General Dynamics stock was trading at EUR 306.90 at Lang & Schwarz on October 19, 2026 at 9:04 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of General Dynamics stock.