Gen Digital (NASDAQ:GEN) Updates FY 2026 Earnings Guidance

Gen Digital (NASDAQ:GENGet Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 2.540-2.560 for the period, compared to the consensus EPS estimate of 2.440. The company issued revenue guidance of $5.0 billion-$5.0 billion, compared to the consensus revenue estimate of $4.9 billion. Gen Digital also updated its Q4 2026 guidance to 0.640-0.660 EPS.

Wall Street Analysts Forecast Growth

GEN has been the subject of several research reports. Evercore ISI boosted their price objective on shares of Gen Digital from $35.00 to $37.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Wall Street Zen cut shares of Gen Digital from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Zacks Research downgraded Gen Digital from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 20th. Weiss Ratings restated a “hold (c+)” rating on shares of Gen Digital in a research note on Thursday, January 22nd. Finally, Royal Bank Of Canada decreased their target price on Gen Digital from $33.00 to $29.00 and set a “sector perform” rating for the company in a research report on Friday, November 7th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Gen Digital has a consensus rating of “Hold” and an average price target of $35.43.

Check Out Our Latest Stock Report on Gen Digital

Gen Digital Stock Down 2.2%

GEN stock traded down $0.50 during trading on Thursday, reaching $22.43. The stock had a trading volume of 10,320,214 shares, compared to its average volume of 5,409,065. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 3.43. The firm has a fifty day moving average price of $26.38 and a 200 day moving average price of $27.75. The company has a market capitalization of $13.83 billion, a P/E ratio of 10.82, a PEG ratio of 0.76 and a beta of 1.09. Gen Digital has a 1-year low of $22.14 and a 1-year high of $32.22.

Gen Digital (NASDAQ:GENGet Free Report) last announced its earnings results on Thursday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.01. Gen Digital had a return on equity of 57.09% and a net margin of 12.74%.The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the previous year, the company earned $0.56 earnings per share. The company’s revenue for the quarter was up 25.8% compared to the same quarter last year. Gen Digital has set its Q4 2026 guidance at 0.640-0.660 EPS and its FY 2026 guidance at 2.540-2.560 EPS. On average, equities analysts anticipate that Gen Digital will post 2.05 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Ondrej Vlcek sold 113,674 shares of the stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $27.12, for a total transaction of $3,082,838.88. Following the completion of the transaction, the director directly owned 3,932,980 shares in the company, valued at approximately $106,662,417.60. This represents a 2.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director John C. Chrystal purchased 5,000 shares of the firm’s stock in a transaction dated Thursday, November 13th. The shares were bought at an average cost of $27.14 per share, with a total value of $135,700.00. Following the transaction, the director directly owned 28,419 shares of the company’s stock, valued at approximately $771,291.66. This represents a 21.35% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 9.30% of the company’s stock.

Trending Headlines about Gen Digital

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Institutional Investors Weigh In On Gen Digital

Institutional investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. lifted its position in shares of Gen Digital by 221.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock worth $46,000 after purchasing an additional 1,183 shares during the last quarter. MUFG Securities EMEA plc acquired a new stake in Gen Digital during the second quarter valued at approximately $47,000. Brown Brothers Harriman & Co. lifted its holdings in Gen Digital by 47.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,756 shares of the company’s stock worth $50,000 after buying an additional 568 shares during the last quarter. Larson Financial Group LLC grew its position in shares of Gen Digital by 20.9% in the 3rd quarter. Larson Financial Group LLC now owns 2,255 shares of the company’s stock worth $64,000 after acquiring an additional 390 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Gen Digital in the 3rd quarter worth approximately $116,000. Institutional investors and hedge funds own 81.38% of the company’s stock.

Gen Digital Company Profile

(Get Free Report)

Gen Digital (NASDAQ: GEN) is a global cybersecurity company specializing in consumer- and small-business-focused security, privacy, and identity protection solutions. The company offers a suite of products designed to safeguard devices, networks, and personal information against malware, ransomware, phishing attacks and other digital threats. With a focus on user-friendly interfaces and cross-platform compatibility, Gen Digital develops antivirus software, VPN services, parental controls, password management tools, and comprehensive identity-theft monitoring services.

Gen Digital traces its origins to the consumer software division of Symantec Corporation, which was spun off in late 2019 under the NortonLifeLock name.

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Earnings History and Estimates for Gen Digital (NASDAQ:GEN)

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