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

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

Analyst Ratings Changes

GEN has been the topic of a number of analyst reports. Wall Street Zen lowered Gen Digital from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Royal Bank Of Canada upped their target price on Gen Digital from $24.00 to $27.00 and gave the stock a “sector perform” rating in a research report on Thursday. Morgan Stanley increased their price target on Gen Digital from $32.00 to $34.00 and gave the company an “equal weight” rating in a report on Thursday. Barclays lifted 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. Finally, Wells Fargo & Company lifted their price target on shares of Gen Digital from $22.00 to $28.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Gen Digital has a consensus rating of “Hold” and an average target price of $31.60.

Gen Digital Trading Up 3.3%

Gen Digital stock opened at $29.13 on Friday. The business has a 50 day moving average price of $26.50 and a two-hundred day moving average price of $24.39. The company has a quick ratio of 0.47, a current ratio of 0.37 and a debt-to-equity ratio of 2.57. Gen Digital has a 12 month low of $17.78 and a 12 month high of $31.65. The stock has a market cap of $17.44 billion, a price-to-earnings ratio of 14.64, a price-to-earnings-growth ratio of 0.88 and a beta of 1.26.

Gen Digital (NASDAQ:GEN) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.02. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.34 billion. Gen Digital had a return on equity of 56.80% and a net margin of 23.07%. Gen Digital’s revenue for the quarter was up 12.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.62 EPS. As a group, equities analysts forecast that Gen Digital will post 2.66 EPS for the current year.

Gen Digital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 9th. Shareholders of record on Monday, November 16th will be issued a $0.1250 dividend. This represents a $0.50 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Monday, November 16th. Gen Digital’s payout ratio is 25.13%.

Insider Buying and Selling at Gen Digital

In other news, insider Travis Witteveen sold 30,000 shares of the firm’s stock in a transaction dated Monday, August 10th. The shares were sold at an average price of $29.42, for a total transaction of $882,600.00. Following the completion of the transaction, the insider directly owned 496,545 shares of the company’s stock, valued at approximately $14,608,353.90. This trade represents a 5.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ondrej Vlcek sold 200,000 shares of Gen Digital stock in a transaction dated 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 sale, the director owned 3,332,904 shares in the company, valued at approximately $99,987,120. This trade represents a 5.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 558,508 shares of company stock valued at $16,356,093 in the last 90 days. 9.70% of the stock is currently owned by company insiders.

Key Gen Digital News

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

• Positive Sentiment: Fiscal Q2 beat and raised outlook: Gen Digital reported adjusted earnings of $0.74 per share, above the $0.72 consensus estimate, while revenue rose 12.2% year over year to $1.37 billion. Management also raised its fiscal 2027 earnings floor. Gen Digital Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Healthy growth across key businesses: Financial wellness demand supported double-digit growth, Cyber Safety margins reached a record, and partner-channel revenue increased 40% year over year to $295 million. Gen Digital: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Q3 guidance is ahead of expectations: Gen Digital forecast earnings of $0.73-$0.75 per share, compared with the $0.72 consensus estimate. Revenue guidance of approximately $1.4 billion was in line with expectations. Gen Digital Q2 Adjusted Earnings, Revenue Rise; Sets Q3 Guidance
• Positive Sentiment: M&A uncertainty eased: Management said it is not currently pursuing a “transformative acquisition,” reducing concerns that Gen Digital might take on significant additional financial or integration risk. Gen Digital Surges
• Positive Sentiment: Shareholder return supported: The company declared a quarterly dividend of $0.125 per share, or $0.50 annualized, with a stated yield of about 1.7%. Gen Digital Approves Quarterly Cash Dividend
• Neutral Sentiment: Analyst targets are mixed: Morgan Stanley raised its price target to $34 from $32, while Royal Bank of Canada lifted its target to $27 but maintained a “sector perform” rating—below the recent trading level. Morgan Stanley Adjusts Price Target
• Negative Sentiment: Margin focus remains a risk: Coverage following the earnings report indicates investors are scrutinizing margins and the sustainability of recent earnings gains, which could limit further upside if profitability moderates. Gen Digital Stock Repriced After Q2 Earnings

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.