Citigroup Cuts General Dynamics Price Target

Aerospace company's stock rating remains neutral despite target reduction

Apr. 4, 2026 at 8:22am

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A photorealistic studio still-life photograph featuring a polished metal model of a military vehicle, arranged elegantly on a clean, monochromatic background and dramatically lit to convey the abstract corporate strategy and financial outlook of the defense industry.A symbolic representation of the shifting financial outlook for a major defense contractor amid analyst price target adjustments.Reston Today

Citigroup has reduced its price target for General Dynamics (NYSE:GD) stock from $389.00 to $380.00, while maintaining a neutral rating on the aerospace company's shares. The move comes as several other research firms have also adjusted their outlooks and price targets for General Dynamics in recent months.

Why it matters

General Dynamics is a major defense contractor that produces a wide range of military platforms and systems. Analyst price target adjustments can signal shifts in market sentiment and expectations around the company's future performance and growth prospects.

The details

In its latest report, Citigroup cited the new $380.00 price target for General Dynamics, down from the previous $389.00. The firm kept its neutral rating on the stock. Other research analysts have also weighed in recently, with BNP Paribas Exane reducing its price objective from $420.00 to $410.00 and maintaining an 'outperform' rating. Jefferies Financial Group raised its target from $360.00 to $385.00 while keeping a 'hold' recommendation. Overall, the consensus rating on General Dynamics stock is 'Moderate Buy' with a target price of $384.42.

  • Citigroup issued its updated report on General Dynamics on Wednesday, April 4, 2026.

The players

Citigroup

A major global investment bank and financial services corporation.

General Dynamics

A major American aerospace and defense contractor that designs, manufactures and supports a broad range of military and commercial products and services.

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The takeaway

Analyst price target adjustments for General Dynamics reflect ongoing market uncertainty and shifting expectations around the defense industry. While the company maintains a 'Moderate Buy' consensus rating, the mixed signals from research firms underscore the need to closely monitor developments in this sector.