Gen Digital (NASDAQ:GEN) Issues Q2 2027 Earnings Guidance

Gen Digital (NASDAQ:GEN) updated its second quarter 2027 earnings guidance on Thursday. The company provided earnings per share guidance of 0.710-0.730 for the period, compared to the consensus earnings per share estimate of 0.700. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion. Gen Digital also updated its FY 2027 guidance to 2.870-2.970 EPS.

Gen Digital Price Performance

Gen Digital stock traded up $0.15 during midday trading on Thursday, reaching $28.10. The company had a trading volume of 8,010,816 shares, compared to its average volume of 3,949,270. The company has a debt-to-equity ratio of 3.07, a current ratio of 0.40 and a quick ratio of 0.40. Gen Digital has a 12-month low of $17.78 and a 12-month high of $32.22. The company has a market capitalization of $16.82 billion, a P/E ratio of 12.76 and a beta of 1.21. The firm’s fifty day simple moving average is $25.90 and its 200-day simple moving average is $23.29.

Gen Digital (NASDAQ:GEN) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.71 EPS for the quarter, topping the consensus estimate of $0.69 by $0.02. The company had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.31 billion. Gen Digital had a return on equity of 55.47% and a net margin of 19.46%.Gen Digital’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.64 EPS. Gen Digital has set its FY 2027 guidance at 2.870-2.970 EPS and its Q2 2027 guidance at 0.710-0.730 EPS. As a group, equities analysts anticipate that Gen Digital will post 2.61 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on GEN shares. Weiss Ratings raised shares of Gen Digital from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, July 15th. Jefferies Financial Group lowered shares of Gen Digital from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 27th. Barclays boosted their target price on Gen Digital from $26.00 to $27.00 and gave the stock an “equal weight” rating in a report on Friday, May 8th. Royal Bank Of Canada restated a “sector perform” rating and issued a $27.00 price target on shares of Gen Digital in a research report on Thursday, July 16th. Finally, Argus raised Gen Digital to a “strong-buy” rating in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $29.33.

Insider Activity at Gen Digital

In related news, Director John C. Chrystal acquired 3,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were purchased at an average cost of $27.06 per share, for a total transaction of $81,180.00. Following the acquisition, the director owned 31,419 shares in the company, valued at $850,198.14. The trade was a 10.56% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ondrej Vlcek sold 100,000 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $24.78, for a total transaction of $2,478,000.00. Following the transaction, the director directly owned 3,832,724 shares of the company’s stock, valued at $94,974,900.72. The trade was a 2.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 9.70% of the company’s stock.

Trending Headlines about Gen Digital

Here are the key news stories impacting Gen Digital this week:

• Positive Sentiment: Quarterly earnings and revenue topped expectations. Gen Digital reported fiscal Q1 EPS of $0.71, above the $0.69 consensus and up from $0.64 a year earlier. Revenue reached $1.34 billion versus the $1.31 billion estimate, providing a favorable catalyst for the stock. Gen Digital Beats Q1 Earnings and Revenue Estimates
• Positive Sentiment: Full-year guidance was raised above analyst expectations. Gen Digital forecast fiscal 2027 EPS of $2.87-$2.97, compared with the $2.83 consensus, and revenue of $5.4-$5.5 billion, versus expectations of $5.4 billion. Higher guidance signals management expects continued growth and supports investor confidence. Gen Digital Raises Annual Forecast
• Positive Sentiment: Underlying cybersecurity demand remains strong. Management cited growing demand for its family of cybersecurity products as consumers and businesses face increasingly sophisticated, AI-enabled online threats. Gen Further Accelerates in Q1 FY27
• Neutral Sentiment: Second-quarter guidance was mixed to favorable. EPS guidance of $0.71-$0.73 is above the $0.70 consensus, while revenue guidance of $1.3-$1.4 billion broadly matches expectations. This limits the potential for a major additional near-term surprise.

Institutional Investors Weigh In On Gen Digital

A number of institutional investors have recently modified their holdings of GEN. Compound Planning Inc. boosted its position in Gen Digital by 13.2% in the 4th quarter. Compound Planning Inc. now owns 13,257 shares of the company’s stock valued at $360,000 after buying an additional 1,541 shares during the period. Invesco Ltd. increased its position in shares of Gen Digital by 9.7% during the fourth quarter. Invesco Ltd. now owns 9,975,365 shares of the company’s stock worth $271,230,000 after acquiring an additional 878,662 shares during the period. Corient Private Wealth LLC raised its stake in shares of Gen Digital by 67.1% in the fourth quarter. Corient Private Wealth LLC now owns 253,171 shares of the company’s stock valued at $6,884,000 after acquiring an additional 101,635 shares in the last quarter. Achmea Investment Management B.V. purchased a new position in Gen Digital in the fourth quarter valued at $13,991,000. Finally, Beacon Pointe Advisors LLC boosted its holdings in Gen Digital by 14.4% in the fourth quarter. Beacon Pointe Advisors LLC now owns 9,523 shares of the company’s stock valued at $259,000 after purchasing an additional 1,196 shares during the period. 81.38% of the stock is owned by institutional investors and hedge funds.

Gen Digital Company Profile

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.