Gen Digital (NASDAQ:GEN) Announces Q3 2027 Earnings Guidance

Gen Digital (NASDAQ:GEN) issued an update on its third quarter 2027 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 0.730-0.750 for the period, compared to the consensus EPS estimate of 0.720. The company issued revenue guidance of $1.4 billion, compared to the consensus revenue estimate of $1.4 billion.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on GEN shares. Barclays increased their price target on shares of Gen Digital from $27.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Wall Street Zen lowered shares of Gen Digital from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Wells Fargo & Company increased their target price on shares of Gen Digital from $22.00 to $28.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Royal Bank Of Canada lifted their target price on shares of Gen Digital from $24.00 to $27.00 and gave the company a “sector perform” rating in a research note on Thursday. Finally, Weiss Ratings upgraded shares of Gen Digital from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, October 16th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $31.60.

Gen Digital Stock Up 1.6%

Shares of Gen Digital stock traded up $0.45 during midday trading on Friday, reaching $28.65. 2,070,917 shares of the company’s stock traded hands, compared to its average volume of 7,207,729. Gen Digital has a 52 week low of $17.78 and a 52 week high of $31.65. The company’s 50 day simple moving average is $26.48 and its 200 day simple moving average is $24.38. The company has a market cap of $17.15 billion, a price-to-earnings ratio of 14.40, a price-to-earnings-growth ratio of 0.76 and a beta of 1.26. The company has a debt-to-equity ratio of 3.00, a quick ratio of 0.47 and a current ratio of 0.47.

Gen Digital (NASDAQ:GEN) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.02. Gen Digital had a net margin of 23.07% and a return on equity of 57.97%. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same quarter last year, the firm posted $0.62 earnings per share. The company’s quarterly revenue was up 12.2% compared to the same quarter last year. Equities analysts expect that Gen Digital will post 2.66 earnings per share for the current fiscal year.

Gen Digital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 9th. Stockholders of record on Monday, November 16th will be issued a $0.1250 dividend. The ex-dividend date of this dividend is Monday, November 16th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 1.7%. Gen Digital’s dividend payout ratio is presently 29.07%.

Insiders Place Their Bets

In other news, Director Ondrej Vlcek sold 200,000 shares of the company’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $30.00, for a total transaction of $6,000,000.00. Following the transaction, the director directly owned 3,332,904 shares in the company, valued at approximately $99,987,120. This represents a 5.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, COO Bryan Seuk Ko sold 28,248 shares of Gen Digital stock in a transaction on Friday, September 4th. The stock was sold at an average price of $30.67, for a total transaction of $866,366.16. Following the sale, the chief operating officer directly owned 744,262 shares of the company’s stock, valued at $22,826,515.54. This represents a 3.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 558,508 shares of company stock valued at $16,356,093. 9.70% of the stock is currently owned by insiders.

Trending Headlines about Gen Digital

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

• Positive Sentiment: Fiscal Q2 results exceeded expectations: Adjusted earnings were $0.74 per share versus the $0.72 consensus estimate, while revenue rose 12.2% year over year to $1.37 billion, above expectations of $1.34 billion. Partner-channel revenue reportedly grew 40% to $295 million. Gen Digital quarterly earnings report
• Positive Sentiment: Improved outlook: Gen Digital raised its fiscal 2027 revenue and earnings outlook, citing strong cybersecurity demand and double-digit growth. Third-quarter EPS guidance of $0.73-$0.75 is above the $0.72 analyst consensus, while revenue guidance of $1.4 billion is in line with estimates. Reuters Gen Digital outlook report
• Positive Sentiment: Profitability remains a key catalyst: The company highlighted record Cyber Safety margins and financial-wellness strength. Management also said it is not currently pursuing a “transformative acquisition,” reducing concerns about a large, potentially dilutive deal. Barron’s Gen Digital earnings and acquisition report
• Positive Sentiment: Analyst support and shareholder returns: Morgan Stanley raised its price target to $34 from $32. Gen Digital also declared a quarterly dividend of $0.125 per share, or $0.50 annualized, representing a yield of approximately 1.7%. Morgan Stanley Gen Digital price target update
• Neutral Sentiment: Royal Bank of Canada lifted its target to $27 but maintained a “sector perform” rating, implying limited upside at recent trading levels. RBC Gen Digital rating

Gen Digital Company Profile

Gen Digital Inc (NASDAQ: GEN) is a cybersecurity company that provides digital safety, privacy, and identity protection products for consumers. Its services are designed to help protect devices, personal information, online accounts, and digital identities from malware, fraud, identity theft, scams, and other cyber threats.

The company operates a portfolio of consumer brands that includes Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner. Its offerings include antivirus and device security software, virtual private network services, password management, identity theft monitoring and restoration support, privacy tools, scam protection, and performance and optimization utilities.

Gen Digital serves customers internationally through direct subscriptions and distribution partnerships.