Analysts Set Gen Digital Inc. (NASDAQ:GEN) PT at $35.33

Key Points

• Gen Digital Inc. has received a consensus rating of "Moderate Buy" from seven analysts, with an average 1-year price target of $35.33.
• The company reported $0.64 earnings per share for the last quarter, exceeding the consensus estimate of $0.60, and showed a year-over-year revenue increase of 30.3%.
• Gen Digital will pay a quarterly dividend of $0.125 on September 10th, representing an annualized yield of 1.6%.

Gen Digital Inc. (NASDAQ:GEN - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the seven brokerages that are covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $35.3333.

A number of research analysts have commented on the company. Evercore ISI assumed coverage on Gen Digital in a research report on Tuesday, July 1st. They set an "outperform" rating and a $35.00 price target for the company. Royal Bank Of Canada raised their target price on Gen Digital from $32.00 to $33.00 and gave the company a "sector perform" rating in a research note on Friday, August 8th. Wall Street Zen cut Gen Digital from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 5th. Wells Fargo & Company raised their target price on Gen Digital from $37.00 to $40.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Finally, B. Riley initiated coverage on Gen Digital in a research note on Monday, July 14th. They issued a "buy" rating and a $46.00 target price for the company.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Marex Group plc bought a new position in Gen Digital during the 2nd quarter valued at approximately $520,000. Geneos Wealth Management Inc. increased its position in Gen Digital by 45.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 2,503 shares of the company's stock valued at $74,000 after buying an additional 786 shares in the last quarter. Hershey Financial Advisers LLC bought a new position in Gen Digital during the 2nd quarter valued at approximately $1,046,000. Caxton Associates LLP bought a new position in Gen Digital during the 2nd quarter valued at approximately $3,558,000. Finally, CYBER HORNET ETFs LLC bought a new position in Gen Digital during the 2nd quarter valued at approximately $44,000. Hedge funds and other institutional investors own 81.38% of the company's stock.

Gen Digital Trading Up 1.3%

GEN traded up $0.39 during midday trading on Wednesday, reaching $31.58. 3,609,020 shares of the company's stock traded hands, compared to its average volume of 3,939,223. The firm has a fifty day moving average of $30.07 and a two-hundred day moving average of $28.11. The stock has a market capitalization of $19.45 billion, a price-to-earnings ratio of 32.56, a P/E/G ratio of 1.04 and a beta of 1.00. The company has a debt-to-equity ratio of 3.63, a current ratio of 0.50 and a quick ratio of 0.50. Gen Digital has a 52 week low of $22.74 and a 52 week high of $32.22.

Gen Digital (NASDAQ:GEN - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.04. The business had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.19 billion. Gen Digital had a return on equity of 57.99% and a net margin of 14.12%.Gen Digital's quarterly revenue was up 30.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.53 EPS. Gen Digital has set its Q2 2026 guidance at 0.600-0.620 EPS. FY 2026 guidance at 2.490-2.560 EPS. On average, equities analysts anticipate that Gen Digital will post 2.05 earnings per share for the current fiscal year.

Gen Digital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Monday, August 18th will be paid a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Monday, August 18th. Gen Digital's dividend payout ratio (DPR) is presently 51.55%.

Gen Digital Company Profile

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.