Gen Digital (NASDAQ:GEN) Stock Gets Price Target Reduction from Royal Bank Of Canada

Posted by Stanley Muller on Oct 15th, 2026

Gen Digital (NASDAQ:GEN – Free Report) had its price target decreased by Royal Bank Of Canada from $26.00 to $24.00 in a report issued on Monday, MarketBeat reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

GEN has been the topic of a number of other research reports. Wall Street Zen cut shares of Gen Digital from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Weiss Ratings downgraded shares of Gen Digital from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, October 2nd. Wells Fargo & Company upped their target price on shares of Gen Digital from $22.00 to $28.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. Finally, Barclays upped their target price on shares of Gen Digital from $27.00 to $32.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, Gen Digital has an average rating of “Hold” and a consensus target price of $30.25.

Read Our Latest Analysis on GEN

Gen Digital Trading Down 0.0%

NASDAQ:GEN opened at $23.80 on Monday. The stock has a 50-day simple moving average of $27.36 and a 200-day simple moving average of $24.87. The stock has a market cap of $14.25 billion, a P/E ratio of 10.40, a P/E/G ratio of 0.75 and a beta of 1.26. Gen Digital has a 1 year low of $17.78 and a 1 year high of $31.65. 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 – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.02. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.31 billion. Gen Digital had a return on equity of 55.93% and a net margin of 20.73%. The business’s quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company earned $0.64 EPS. Gen Digital has set its FY 2027 guidance at 2.870-2.970 EPS and its Q2 2027 guidance at 0.710-0.730 EPS. As a group, analysts anticipate that Gen Digital will post 2.66 earnings per share for the current fiscal year.

Gen Digital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 9th. Investors of record on Monday, August 17th were paid a dividend of $0.1250 per share. This represents a $0.50 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Monday, August 17th. Gen Digital’s dividend payout ratio (DPR) is currently 29.07%.

Insiders Place Their Bets

In other Gen Digital news, Director Ondrej Vlcek sold 200,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $30.00, for a total value of $6,000,000.00. Following the completion of the sale, the director owned 3,332,904 shares in the company, valued at approximately $99,987,120. The trade was a 5.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Bryan Seuk Ko sold 28,248 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $30.67, for a total value of $866,366.16. Following the completion of the sale, the chief operating officer owned 744,262 shares of the company’s stock, valued at approximately $22,826,515.54. This represents a 3.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 558,508 shares of company stock valued at $16,356,093 over the last quarter. Company insiders own 9.70% of the company’s stock.

Hedge Funds Weigh In On Gen Digital

Institutional investors have recently modified their holdings of the business. Grove Bank & Trust raised its stake in shares of Gen Digital by 452.2% during the 2nd quarter. Grove Bank & Trust now owns 1,132 shares of the company’s stock worth $28,000 after buying an additional 927 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Gen Digital by 86.9% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,921 shares of the company’s stock valued at $48,000 after buying an additional 893 shares during the period. Dunhill Financial LLC acquired a new stake in shares of Gen Digital in the 2nd quarter valued at approximately $50,000. Weiss Asset Management LP acquired a new stake in shares of Gen Digital in the 1st quarter valued at approximately $41,000. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new stake in shares of Gen Digital in the 1st quarter valued at approximately $56,000. 81.38% of the stock is owned by institutional investors and hedge funds.

Gen Digital Company Profile

(Get Free Report)

Gen Digital Inc is a global cybersecurity and digital safety company that provides products and services designed to help consumers protect their devices, online privacy, personal information and digital identities. Its offerings include antivirus and malware protection, online privacy tools, identity theft protection, password management, scam and fraud protection, and utilities that support device performance and security.

The company markets its products under a portfolio of well-known brands, including Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner.