Gen Digital (NASDAQ:GEN) Releases Q3 2026 Earnings Guidance

Gen Digital (NASDAQ:GEN) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.620-0.64 for the period, compared to the consensus estimate of 0.600. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion. Gen Digital also updated its FY 2026 guidance to 2.510-2.56 EPS.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Evercore ISI boosted their price target on Gen Digital from $35.00 to $37.00 and gave the company an “outperform” rating in a report on Friday. Wells Fargo & Company upped 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. Weiss Ratings reiterated a “hold (c+)” rating on shares of Gen Digital in a research report on Wednesday, October 8th. B. Riley initiated coverage on Gen Digital in a report on Monday, July 14th. They issued a “buy” rating and a $46.00 price target for the company. Finally, Royal Bank Of Canada dropped their price objective on shares of Gen Digital from $33.00 to $29.00 and set a “sector perform” rating for the company in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $35.43.

Gen Digital Trading Up 1.3%

Shares of GEN stock traded up $0.32 during mid-day trading on Friday, reaching $25.77. The company’s stock had a trading volume of 9,249,467 shares, compared to its average volume of 4,019,623. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 3.63. The firm has a market capitalization of $15.87 billion, a PE ratio of 26.57, a price-to-earnings-growth ratio of 0.87 and a beta of 0.94. The company’s 50 day simple moving average is $27.82 and its 200-day simple moving average is $28.68. Gen Digital has a 12-month low of $22.74 and a 12-month high of $32.22.

Gen Digital (NASDAQ:GEN) last announced its earnings results on Thursday, November 6th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.61 by $0.01. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. Gen Digital had a return on equity of 57.99% and a net margin of 14.12%.The company’s revenue was up 25.3% on a year-over-year basis. During the same period last year, the business posted $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, research analysts predict that Gen Digital will post 2.05 EPS for the current fiscal year.

Gen Digital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, November 17th. Gen Digital’s dividend payout ratio is presently 54.35%.

Institutional Inflows and Outflows

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