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 2.510-2.56 for the period, compared to the consensus estimate of 2.430. The company issued revenue guidance of $4.9 billion-$5.0 billion, compared to the consensus revenue estimate of $4.9 billion. Gen Digital also updated its Q3 2026 guidance to 0.620-0.64 EPS.

Gen Digital Stock Performance

Shares of NASDAQ GEN traded down $0.39 during trading hours on Thursday, reaching $25.45. 6,503,541 shares of the stock were exchanged, compared to its average volume of 3,983,466. The stock’s fifty day simple moving average is $28.01 and its 200 day simple moving average is $28.69. Gen Digital has a 52 week low of $22.74 and a 52 week high of $32.22. The company has a debt-to-equity ratio of 3.63, a quick ratio of 0.50 and a current ratio of 0.50. The firm has a market capitalization of $15.67 billion, a price-to-earnings ratio of 26.24, a P/E/G ratio of 0.87 and a beta of 0.94.

Gen Digital (NASDAQ:GEN) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.08). Gen Digital had a return on equity of 57.99% and a net margin of 14.12%. Gen Digital has set its FY 2026 guidance at 2.510-2.56 EPS. Q3 2026 guidance at 0.620-0.64 EPS. Sell-side analysts predict that Gen Digital will post 2.05 EPS for the current year.

Wall Street Analysts Forecast Growth

GEN has been the topic of several research analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Gen Digital in a research note on Wednesday, October 8th. Wall Street Zen raised shares of Gen Digital from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Jefferies Financial Group assumed coverage on shares of Gen Digital in a research report on Friday, October 3rd. They set a “hold” rating and a $31.00 price target on the stock. Morgan Stanley boosted their price target on shares of Gen Digital from $25.00 to $32.00 and gave the company an “equal weight” rating in a research note on Tuesday, September 2nd. Finally, Wells Fargo & Company boosted their price target on shares of Gen Digital from $37.00 to $40.00 and gave the stock an “overweight” rating in a report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Gen Digital presently has a consensus rating of “Moderate Buy” and an average price target of $35.71.

Institutional Trading of Gen Digital

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

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.