Gen Digital (GEN) to Release Quarterly Earnings on Thursday

Gen Digital (NASDAQ:GEN) is projected to announce its Q1 2026 earnings results after the market closes on Thursday, August 7th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $1.19 billion for the quarter.

Gen Digital (NASDAQ:GEN) last issued its quarterly earnings results on Tuesday, May 6th. The company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.01. Gen Digital had a return on equity of 59.38% and a net margin of 16.34%. The business had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $999.48 million. During the same quarter in the previous year, the company posted $0.53 earnings per share. Gen Digital’s revenue for the quarter was up 4.4% compared to the same quarter last year. On average, analysts expect Gen Digital to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Gen Digital Stock Performance

Shares of GEN stock opened at $28.58 on Wednesday. Gen Digital has a 1-year low of $22.74 and a 1-year high of $31.72. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 3.51. The company has a market capitalization of $17.60 billion, a price-to-earnings ratio of 27.48, a P/E/G ratio of 1.06 and a beta of 1.00. The stock’s fifty day simple moving average is $29.57 and its 200-day simple moving average is $27.80.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on GEN shares. Evercore ISI started coverage on Gen Digital in a research report on Tuesday, July 1st. They issued an “outperform” rating and a $35.00 price target for the company. Royal Bank Of Canada boosted their price target on Gen Digital from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research report on Wednesday, May 7th. Morgan Stanley reduced their price target on Gen Digital from $27.00 to $25.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 16th. Wall Street Zen cut Gen Digital from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 5th. Finally, B. Riley started coverage on Gen Digital in a research note on Monday, July 14th. They set a “buy” rating and a $46.00 target price for the company. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Gen Digital presently has an average rating of “Moderate Buy” and a consensus target price of $33.60.

Insider Activity at Gen Digital

In other news, Director Nora Denzel sold 31,646 shares of Gen Digital stock in a transaction on Friday, May 16th. The stock was sold at an average price of $28.76, for a total value of $910,138.96. Following the completion of the sale, the director directly owned 34,860 shares of the company’s stock, valued at approximately $1,002,573.60. This trade represents a 47.58% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 9.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in GEN. Geneos Wealth Management Inc. lifted 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 acquiring an additional 1,183 shares in the last quarter. Great Lakes Advisors LLC bought a new position in Gen Digital during the first quarter worth about $205,000. Focus Partners Wealth lifted its holdings in Gen Digital by 9.7% during 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 in the last quarter. Woodline Partners LP lifted its holdings in Gen Digital by 37.8% during the first quarter. Woodline Partners LP now owns 27,590 shares of the company’s stock worth $732,000 after acquiring an additional 7,562 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Gen Digital by 1.1% during the first quarter. Goldman Sachs Group Inc. now owns 2,703,712 shares of the company’s stock worth $71,757,000 after acquiring an additional 28,522 shares in the last quarter. 81.38% of the stock is currently owned by institutional investors.

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.