These Analysts Boost Their Forecasts On General Dynamics Following Better-Than-Expected Q3 Results

Core Insights - General Dynamics reported better-than-expected results for Q3 2025, with total revenue of $12.907 billion, a 10.6% increase year-over-year, surpassing analyst estimates of $12.566 billion [1] - Diluted GAAP earnings per share (EPS) reached $3.88, exceeding the analyst estimate of $3.69, marking a 15.8% year-over-year increase [2] - The Aerospace segment showed significant growth, with revenue increasing by 30.3% and margins expanding by 100 basis points compared to the same period last year [3] Financial Performance - Total revenue for Q3 2025 was $12.907 billion, a 10.6% increase from the previous year [1] - Diluted GAAP EPS was $3.88, beating the estimate of $3.69, with a year-over-year increase of 15.8% [2] - Operating earnings were reported at $1.3 billion, with an operating margin of 10.3%, reflecting a 20-basis-point increase year-over-year [2] Segment Performance - All four segments of General Dynamics experienced growth in earnings and backlog during the quarter [3] - The Aerospace segment was particularly strong, with a revenue increase of 30.3% and margin expansion of 100 basis points [3] Analyst Reactions - Following the earnings announcement, analysts adjusted their price targets for General Dynamics [4] - UBS analyst Gavin Parsons maintained a Neutral rating and raised the price target from $369 to $381 [6] - Susquehanna analyst Charles Minervino maintained a Positive rating and increased the price target from $365 to $405 [6]