Wall Street expects General Dynamics to report Q1 2026 revenue of $12.70 billion and EPS of $3.68, with the current stock price of $313.43 trading significantly below the average analyst target of $384.53.
Investors are primarily focused on the Aerospace segment, specifically the delivery ramp-up of the Gulfstream G700 and its impact on segment margins.
Management's ability to convert a record $118 billion backlog into revenue is critical, particularly as the Marine and Combat Systems segments face persistent global supply-chain headwinds. Analysts remain optimistic about defense demand fueled by rising European military spending and U.S. naval modernization programs.