With a market cap of $18.3 billion, Gen Digital Inc. (GEN) is a global leader in cyber safety solutions dedicated to empowering digital freedom for individuals, families, and small businesses. Through its trusted portfolio of brands including Norton, Avast, LifeLock, Avira, AVG, and CCleaner, the company delivers comprehensive cybersecurity, identity protection, and online privacy services.
Shares of the Tempe, Arizona-based company have outperformed the broader market over the past 52 weeks. GEN stock has increased 19.4% over this time frame, while the broader S&P 500 Index ($SPX) has gained 13.5%. In addition, shares of the company have returned 13.6% on a YTD basis, compared to SPX's 12.3% rise.
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Looking closer, GEN stock has lagged behind the State Street Technology Select Sector SPDR ETF's (XLK) 20.1% return over the past 52 weeks.
www.barchart.com Gen Digital shares climbed 15.8% following its Q2 2027 results on Oct. 28, as quarterly revenue increased to $1.37 billion and adjusted EPS of $0.74, beating the analyst estimates The company raised its fiscal 2027 revenue guidance to $5.47 billion - $5.52 billion, above the analyst estimate, reflecting sustained demand for cybersecurity products amid increasingly sophisticated online threats, AI-driven scams and the growing use of AI agents.
Gen also reported its sixth consecutive quarter of double-digit bookings growth, record customer counts and healthy customer retention across its cybersecurity and financial wellness businesses, strengthening its outlook for continued growth.
For the fiscal year ending in March 2027, analysts expect GEN's EPS to grow 21.6% year-over-year to $2.65. The company's earnings surprise history is mixed. It beat the consensus estimates in two of the last four quarters while missing on two other occasions.
Among the 10 analysts covering the stock, the consensus rating is a “Moderate Buy.” That’s based on four “Strong Buys” and six “Hold” ratings.
www.barchart.com This configuration has remained unchanged over the past three months.
On Oct.29, Morgan Stanley analyst Meta Marshall raised its price target on Gen Digital to $34 and maintained an “Equal Weight” rating.
The mean price target of $32.80 represents a 6.2% premium to GEN’s current price levels. The Street-high price target of $46 suggests a 48.9% potential upside.
On the date of publication, Sohini Mondal did not directly have a position in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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