Gen Digital (GEN) Set to Post Earnings on Wednesday

Gen Digital (NASDAQ:GEN) is expected to be announcing its Q2 2027 results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.7190 per share and revenue of $1.34 billion for the quarter. 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. Interested persons may review the information on the company’s upcoming Q2 2027 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 5:00 PM ET.

Gen Digital (NASDAQ:GEN) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.69 by $0.02. The company had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.31 billion. Gen Digital had a net margin of 20.73% and a return on equity of 55.93%. Gen Digital’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.64 EPS. On average, analysts expect Gen Digital to post $2.66 EPS for the current fiscal year and $3.08 EPS for the next fiscal year.

Gen Digital Stock Up 1.9%

NASDAQ:GEN opened at $24.08 on Wednesday. The firm has a market cap of $14.41 billion, a P/E ratio of 10.32, a P/E/G ratio of 0.74 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 has a fifty-two week low of $17.78 and a fifty-two week high of $31.65. The firm has a 50-day simple moving average of $26.98 and a two-hundred day simple moving average of $25.03.

Gen Digital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 9th. Shareholders of record on Monday, August 17th were issued a $0.1250 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $0.50 annualized dividend and a yield of 2.1%. Gen Digital’s payout ratio is 29.07%.

Insiders Place Their Bets

In other news, COO Bryan Seuk Ko sold 28,248 shares of the firm’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $30.67, for a total transaction of $866,366.16. Following the sale, the chief operating officer owned 744,262 shares of the company’s stock, valued at $22,826,515.54. This trade represents a 3.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ondrej Vlcek sold 200,000 shares of Gen Digital stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $30.00, for a total transaction of $6,000,000.00. Following the completion of the sale, the director owned 3,332,904 shares of the company’s stock, valued at $99,987,120. This represents a 5.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 558,508 shares of company stock valued at $16,356,093. 9.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Gen Digital from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday. Barclays raised their price target on shares of Gen Digital from $27.00 to $32.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. Royal Bank Of Canada decreased their price objective on shares of Gen Digital from $26.00 to $24.00 and set a “sector perform” rating for the company in a report on Monday, October 12th. Wells Fargo & Company boosted their price objective on shares of Gen Digital from $22.00 to $28.00 and gave the stock an “equal weight” rating in a report on Friday, August 7th. Finally, Wall Street Zen cut Gen Digital from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. 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 company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $30.25.

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.