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

Gen Digital (NASDAQ:GEN) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.540-2.560 for the period, compared to the consensus 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

Several equities analysts recently commented on the stock. Royal Bank Of Canada reduced their target price on shares of Gen Digital from $33.00 to $29.00 and set a “sector perform” rating on the stock in a report on Friday, November 7th. Wall Street Zen downgraded shares of Gen Digital from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Evercore ISI raised their price objective on Gen Digital from $35.00 to $37.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of Gen Digital in a report on Thursday, January 22nd. Finally, Zacks Research downgraded Gen Digital from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $35.43.

Gen Digital Stock Down 2.2%

Shares of GEN stock traded down $0.50 on Thursday, reaching $22.43. 10,319,293 shares of the stock were exchanged, compared to its average volume of 5,583,191. The company has a market capitalization of $13.83 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 0.75 and a beta of 1.09. Gen Digital has a twelve month low of $22.14 and a twelve month high of $32.22. 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 business’s 50 day moving average price is $26.38 and its 200 day moving average price is $27.75.

Gen Digital (NASDAQ:GEN) last posted its earnings results on Thursday, February 5th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $1.23 billion. 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. As a group, sell-side analysts expect that Gen Digital will post 2.05 earnings per share for the current fiscal year.

Insiders Place Their Bets

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

Institutional Trading of Gen Digital

A number of large investors have recently bought and sold shares of GEN. State Street Corp raised its position in shares of Gen Digital by 3.4% during the 3rd quarter. State Street Corp now owns 30,558,806 shares of the company’s stock valued at $867,565,000 after acquiring an additional 1,015,755 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Gen Digital by 6.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 22,473,917 shares of the company’s stock valued at $660,730,000 after buying an additional 1,406,869 shares during the period. Boston Partners boosted its holdings in shares of Gen Digital by 4.3% in the 3rd quarter. Boston Partners now owns 13,689,577 shares of the company’s stock valued at $388,610,000 after purchasing an additional 565,836 shares in the last quarter. Invesco Ltd. raised its stake in Gen Digital by 5.2% during the third quarter. Invesco Ltd. now owns 9,096,703 shares of the company’s stock worth $258,255,000 after acquiring an additional 445,789 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Gen Digital by 46.8% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 6,600,836 shares of the company’s stock worth $187,398,000 after purchasing an additional 2,103,335 shares in the last quarter. 81.38% of the stock is currently owned by institutional investors.

About Gen Digital

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.