Zacks Research Raises Earnings Estimates for Gen Digital

Gen Digital Inc. (NASDAQ:GEN) – Zacks Research upped their FY2026 earnings per share (EPS) estimates for shares of Gen Digital in a report issued on Wednesday, October 15th. Zacks Research analyst Team now forecasts that the company will post earnings of $2.26 per share for the year, up from their prior estimate of $2.25. The consensus estimate for Gen Digital’s current full-year earnings is $2.05 per share. Zacks Research also issued estimates for Gen Digital’s Q4 2026 earnings at $0.57 EPS, Q2 2027 earnings at $0.61 EPS, FY2027 earnings at $2.53 EPS, Q2 2028 earnings at $0.67 EPS and FY2028 earnings at $2.80 EPS.

Several other brokerages have also commented on GEN. Jefferies Financial Group assumed coverage on Gen Digital in a research report on Friday, October 3rd. They set a “hold” rating and a $31.00 target price on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Gen Digital in a research report on Wednesday, October 8th. B. Riley assumed coverage on Gen Digital in a research report on Monday, July 14th. They set a “buy” rating and a $46.00 target price on the stock. Wall Street Zen upgraded Gen Digital from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. Finally, Evercore ISI assumed coverage on Gen Digital in a research report on Tuesday, July 1st. They set an “outperform” rating and a $35.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Gen Digital presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.71.

Gen Digital Stock Up 0.2%

Shares of Gen Digital stock opened at $26.52 on Friday. Gen Digital has a one year low of $22.74 and a one year high of $32.22. The company has a debt-to-equity ratio of 3.63, a current ratio of 0.50 and a quick ratio of 0.50. The stock’s 50-day moving average is $29.25 and its 200 day moving average is $28.46. The firm has a market cap of $16.33 billion, a price-to-earnings ratio of 27.34, a PEG ratio of 0.89 and a beta of 0.94.

Gen Digital (NASDAQ:GEN) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.04. Gen Digital had a return on equity of 57.99% and a net margin of 14.12%.The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the company posted $0.53 EPS. The business’s revenue was up 30.3% on a year-over-year basis. Gen Digital has set its Q2 2026 guidance at 0.600-0.620 EPS. FY 2026 guidance at 2.490-2.560 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in GEN. Cullen Frost Bankers Inc. bought a new position in Gen Digital in the second quarter worth approximately $32,000. Catalyst Capital Advisors LLC lifted its holdings in shares of Gen Digital by 117.6% in the first quarter. Catalyst Capital Advisors LLC now owns 1,580 shares of the company’s stock valued at $42,000 after purchasing an additional 854 shares in the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Gen Digital in the second quarter valued at approximately $44,000. Geneos Wealth Management Inc. lifted its holdings in shares of Gen Digital by 221.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,717 shares of the company’s stock valued at $46,000 after purchasing an additional 1,183 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new position in shares of Gen Digital in the second quarter valued at approximately $47,000. Institutional investors own 81.38% of the company’s stock.

Gen Digital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, September 10th. Shareholders of record on Monday, August 18th were issued a $0.125 dividend. The ex-dividend date was Monday, August 18th. This represents a $0.50 annualized dividend and a yield of 1.9%. Gen Digital’s dividend payout ratio is presently 51.55%.

About Gen Digital

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.