Gen Digital (GEN) Projected to Post Earnings on Thursday

Key Points

• Gen Digital is set to announce its Q1 2026 earnings on August 7th, with analysts expecting earnings of $0.59 per share and revenue of $1.19 billion.
• The company's last earnings report showed a net margin of 16.34% and a 59.38% return on equity, with revenue increasing by 4.4% year-over-year.
• Shares of Gen Digital currently have a market cap of $18.51 billion, a PE ratio of 28.69, and a 52-week high of $31.72.

Gen Digital (NASDAQ:GEN - Get Free Report) is expected to be posting its Q1 2026 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect Gen Digital to post earnings of $0.59 per share and revenue of $1.19 billion for the quarter. Gen Digital has set its Q1 2026 guidance at 0.590-0.610 EPS and its FY 2026 guidance at 2.460-2.540 EPS.

Gen Digital (NASDAQ:GEN - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.58 by $0.01. The firm had revenue of $1.01 billion for the quarter, compared to analysts' expectations of $999.48 million. Gen Digital had a return on equity of 59.38% and a net margin of 16.34%. The business's quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.53 EPS. On average, analysts expect Gen Digital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gen Digital Stock Down 2.4%

Shares of GEN traded down $0.70 during mid-day trading on Friday, hitting $28.79. 3,610,331 shares of the company's stock were exchanged, compared to its average volume of 2,890,291. The company has a 50-day simple moving average of $29.51 and a 200 day simple moving average of $27.76. The company has a debt-to-equity ratio of 3.51, a current ratio of 0.51 and a quick ratio of 0.51. The company has a market cap of $17.73 billion, a PE ratio of 14.53, a P/E/G ratio of 1.08 and a beta of 1.00. Gen Digital has a 52 week low of $22.74 and a 52 week high of $31.72.

Gen Digital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 11th. Investors of record on Monday, May 19th were issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a yield of 1.7%. The ex-dividend date was Monday, May 19th. Gen Digital's dividend payout ratio is presently 48.08%.

Analyst Ratings Changes

A number of research firms recently commented on GEN. Barclays lifted their price target on Gen Digital from $30.00 to $32.00 and gave the stock an "equal weight" rating in a report on Monday, July 14th. Royal Bank Of Canada lifted their target price on Gen Digital from $28.00 to $30.00 and gave the stock a "sector perform" rating in a research note on Wednesday, May 7th. B. Riley initiated coverage on Gen Digital in a report on Monday, July 14th. They set a "buy" rating and a $46.00 target price on the stock. Morgan Stanley cut their price target on Gen Digital from $27.00 to $25.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Finally, Evercore ISI started coverage on shares of Gen Digital in a report on Tuesday, July 1st. They issued an "outperform" rating and a $35.00 price objective on the stock. Three analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $33.60.

Insider Buying and Selling

In other news, Director Nora Denzel sold 31,646 shares of the stock in a transaction on Friday, May 16th. The shares were sold at an average price of $28.76, for a total transaction of $910,138.96. Following the completion of the sale, the director directly owned 34,860 shares in the company, valued at $1,002,573.60. This represents a 47.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 12.20% of the company's stock.

Institutional Investors Weigh In On Gen Digital

Institutional investors have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. boosted its stake in Gen Digital by 221.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company's stock valued at $46,000 after acquiring an additional 1,183 shares during the last quarter. Great Lakes Advisors LLC purchased a new stake in Gen Digital during the first quarter valued at about $205,000. Focus Partners Wealth boosted its holdings in Gen Digital by 9.7% in the 1st quarter. Focus Partners Wealth now owns 22,347 shares of the company's stock worth $593,000 after buying an additional 1,980 shares during the period. Woodline Partners LP grew its stake in Gen Digital by 37.8% in the 1st quarter. Woodline Partners LP now owns 27,590 shares of the company's stock valued at $732,000 after buying an additional 7,562 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Gen Digital by 1.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,703,712 shares of the company's stock valued at $71,757,000 after acquiring an additional 28,522 shares during the period. 81.38% of the stock is owned by institutional investors.

About Gen Digital

Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.