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.

Wall Street Analyst Weigh In

A number of research firms have recently commented on GEN. B. Riley began coverage on shares of Gen Digital in a report on Monday, July 14th. They issued a “buy” rating and a $46.00 price target on the stock. Jefferies Financial Group initiated coverage on Gen Digital in a research note on Friday, October 3rd. They issued a “hold” rating and a $31.00 price objective on the stock. Wells Fargo & Company boosted their price target on Gen Digital from $37.00 to $40.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. Royal Bank Of Canada increased their price target on shares of Gen Digital from $32.00 to $33.00 and gave the stock a “sector perform” rating in a report on Friday, August 8th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Gen Digital in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $36.00.

Gen Digital Stock Down 1.6%

NASDAQ:GEN traded down $0.40 during trading hours on Friday, hitting $25.05. The company’s stock had a trading volume of 1,885,450 shares, compared to its average volume of 3,982,235. The stock has a fifty day moving average of $27.91 and a 200-day moving average of $28.66. The stock has a market capitalization of $15.43 billion, a P/E ratio of 25.81, a price-to-earnings-growth ratio of 0.87 and a beta of 0.94. Gen Digital has a 52-week low of $22.74 and a 52-week high of $32.22. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 3.63.

Gen Digital (NASDAQ:GEN) last issued its earnings results on Thursday, November 6th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.01. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. Gen Digital had a return on equity of 57.99% and a net margin of 14.12%.The business’s quarterly revenue was up 25.3% on a year-over-year basis. During the same quarter last year, the company earned $0.54 EPS. Gen Digital has set its FY 2026 guidance at 2.510-2.56 EPS. Q3 2026 guidance at 0.620-0.64 EPS. On average, equities analysts forecast that Gen Digital will post 2.05 earnings per share for the current year.

Institutional Trading of Gen Digital

Institutional investors and hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. raised its holdings in Gen Digital by 221.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock worth $46,000 after purchasing an additional 1,183 shares during the last quarter. MUFG Securities EMEA plc bought a new position in shares of Gen Digital in the second quarter worth about $47,000. Great Lakes Advisors LLC bought a new position in Gen Digital in the 1st quarter worth approximately $205,000. HUB Investment Partners LLC acquired a new position in shares of Gen Digital during the second quarter worth approximately $322,000. Finally, Focus Partners Wealth grew 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 worth $593,000 after acquiring an additional 1,980 shares during the last quarter. Hedge funds and other institutional investors own 81.38% of the company’s stock.

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.