Gen Digital Inc. (GEN)

NASDAQ: GEN · Real-Time Price · USD
29.44
+0.20 (0.68%)
At close: Nov 20, 2024, 4:00 PM
29.56
+0.12 (0.41%)
After-hours: Nov 20, 2024, 6:52 PM EST
0.68%
Market Cap 18.14B
Revenue (ttm) 3.86B
Net Income (ttm) 624.00M
Shares Out 616.20M
EPS (ttm) 0.99
PE Ratio 29.79
Forward PE 12.70
Dividend $0.50 (1.70%)
Ex-Dividend Date Nov 18, 2024
Volume 3,167,613
Open 29.21
Previous Close 29.24
Day's Range 28.90 - 29.55
52-Week Range 19.08 - 30.89
Beta 1.05
Analysts Buy
Price Target 27.80 (-5.57%)
Earnings Date Oct 30, 2024

About GEN

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. It also provides identity protection solutions, including LifeLock Identity Theft Protection, Avast and AVG Sec... [Read more]

Sector Technology
Founded 1982
Employees 3,400
Stock Exchange NASDAQ
Ticker Symbol GEN
Full Company Profile

Financial Performance

In 2023, Gen Digital's revenue was $3.81 billion, an increase of 14.20% compared to the previous year's $3.34 billion. Earnings were $616.00 million, a decrease of -54.34%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for GEN stock is "Buy." The 12-month stock price forecast is $27.8, which is a decrease of -5.57% from the latest price.

Price Target
$27.8
(-5.57% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Gen Q3 Threat Report: Millions Fooled by "Scam-Yourself Attacks"

Report Finds 614% Increase in Scams Where Cybercriminals Go After People's Desire to Learn about Technology and Problem-Solve, Supporting a Surge in Data Theft TEMPE, Ariz. and PRAGUE , Nov. 19, 2024 ...

1 day ago - PRNewsWire

Gen Digital Inc. (GEN) Q2 2025 Earnings Call Transcript

Gen Digital Inc. (NASDAQ:GEN) Q2 2025 Earnings Call Transcript October 30, 2024 5:00 PM ET Company Participants Jason Starr - Head of IR Vincent Pilette - CEO Natalie Derse - CFO Conference Call Part...

21 days ago - Seeking Alpha

Gen Digital forecasts strong Q3 revenue as GenAI adoption drives cybersecurity sales

Gen Digital on Wednesday forecast third-quarter revenue above Wall Street estimates, signaling robust demand from customers who prioritize spending on its cybersecurity products while adopting data-in...

21 days ago - Reuters

Gen Reports Second Quarter Fiscal Year 2025 Results

Gen strengthens its annual guidance driven by strong bookings and customer count growth TEMPE, Ariz. & PRAGUE, Oct. 30, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated t...

21 days ago - PRNewsWire

Election Scams on the Rise: Over Half of Americans Targeted with Election Scams

New Norton Survey Finds Younger Voters Under 35 Targeted Most with Fake Polls, Donation Scams and Disinformation TEMPE, Ariz., and PRAGUE , Oct. 17, 2024 /PRNewswire/ -- With less than three weeks lef...

4 weeks ago - PRNewsWire

Gen to Announce Fiscal 2025 Second Quarter Results on October 30, 2024

TEMPE, Ariz. and PRAGUE , Oct. 8, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN) today announced that its fiscal 2025 second quarter financial results will be released Wednesday, October 30, 2024...

6 weeks ago - PRNewsWire

VeriSign Stock Vs. Gen Digital

Given its better prospects, we believe VeriSign stock (NASDAQ: VRSN), which provides domain name registry services and internet infrastructure, is a better pick than its industry peer, Gen Digital sto...

Other symbols: VRSN
6 weeks ago - Forbes

Norton Benefit Solutions Expands Global Offering

Employers and brokers will now be able to offer all-in-one protection against threats to identity, security, and privacy to their employees around the world TEMPE, Ariz. and PRAGUE , Sept.

2 months ago - PRNewsWire

AARP Services Announces New Enhanced Offerings for AARP Members This Fall

WASHINGTON , Sept. 19, 2024 /PRNewswire/ --  AARP members have the opportunity to utilize newly enhanced personal security, safety and travel offers from existing member benefit providers, including L...

2 months ago - PRNewsWire

Gen Digital: Strong Growth, Good Fundamentals, And Decent Price Action Make A Buy

Share price surged by over 60% in less than a year, driven by strong customer growth, high retention rates, and increased operating profit and margins. Despite headwinds, including $8.5 billion in lon...

2 months ago - Seeking Alpha

Multi-million-dollar Deepfake Campaigns Blocked by Gen

Gen Quarterly Threat Report shows AI-fueled scams, digital identity attacks and ransomware dominating consumer cybersecurity landscape TEMPE, Ariz. and PRAGUE , Sept.

2 months ago - PRNewsWire

Parents Cautiously Optimistic on AI in Schools: Content Safety and Data Privacy Among Top Worries

Norton experts share top tips for a safe and successful school year TEMPE, Ariz. and PRAGUE , Aug. 21, 2024 /PRNewswire/ -- AI continues to shape our daily lives and education is no exception.

3 months ago - PRNewsWire

New LifeLock Scan Tool Reveals Our Data is 'Out of Control'

LifeLock 'Out of Control' Campaign and Free Personal Data Exposure Scan Inspire Light-Bulb Moments for Consumers to Protect Their Personal Information TEMPE, Ariz. and PRAGUE , Aug. 6, 2024 /PRNewswir...

3 months ago - PRNewsWire

Gen Digital, Inc. (GEN) Q1 2025 Earnings Call Transcript

Gen Digital, Inc. (NASDAQ:GEN) Q1 2025 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Jason Starr - Head, Investor Relations Vincent Pilette - CEO Natalie Derse - CFO Confere...

3 months ago - Seeking Alpha

Gen Reports First Quarter Fiscal Year 2025 Results

TEMPE, Ariz. and PRAGUE, Aug. 1, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, released its results for the first quarter fiscal year 2025...

3 months ago - PRNewsWire

New Norton VPN Lineup Delivers Ultra Protection

Top performing VPN now available in three one-stop-shop plans with award-winning  Norton Cyber Safety features TEMPE, Ariz., and PRAGUE , July 30, 2024 /PRNewswire/ -- Norton, a consumer Cyber Safety ...

4 months ago - PRNewsWire

Gen Digital CEO on the rise in global cyber security threats

Vincent Pilette, CEO of Gen Digital, discusses how the rise in cyber security threats ties into geopolitics and the economy.

4 months ago - CNBC Television

Integrated Partners Leverages Wealth.com Expanding Access to Next-Gen Digital Estate Planning Tools

BOSTON--(BUSINESS WIRE)-- #CPA--Integrated Partners (“Integrated”), a national financial planning and registered investment advisory (RIA) firm today announced a strategic partnership with industry-le...

4 months ago - Business Wire

Gen Launches Scam Artists to Highlight Emotional Toll of Cybercrime Through Creative Artwork

69% of Americans surveyed believe they could be vulnerable to cybercrime; award-winning psychologist Lee Chambers explains what stops people from acting TEMPE, Ariz. and PRAGUE , July 10, 2024 /PRNews...

4 months ago - PRNewsWire

Gen to Announce Fiscal 2025 First Quarter Results on August 1, 2024

TEMPE, Ariz. and PRAGUE , July 9, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN) today announced that its fiscal 2025 first quarter financial results will be released Thursday, August 1, 2024, af...

4 months ago - PRNewsWire

Gen Digital: Limited Cash Flows Provides Limited Upside

Gen Digital Inc has become one of the largest cybersecurity and antivirus companies following the mergers of Norton, Avast, and others in 2022. Despite revenue growth, cash and cash equivalents declin...

5 months ago - Seeking Alpha

Gen Digital: Cross-Selling And Partnership Strengths, But Rate-Sensitive

This article aims to make an investment case for Gen Digital Inc. based on their cross-selling and partnership strategies as strengths compared to much larger competitors. At the same time, I provide ...

5 months ago - Seeking Alpha

Gen Digital (GEN) is the Worst Performer in the S&P 500

Gen Digital (GEN) is the worst performer in the S&P 500 after a Morgan Stanley downgrade. The analyst notes that they see limited upside to forward earnings estimates given slowing sales.

5 months ago - Schwab Network

Gen Releases its Fiscal 2024 Social Impact Report

More than 5 million people reached globally through Cyber Safety education and training programs TEMPE, Ariz. & PRAGUE, May 28, 2024 /PRNewswire/ -- Gen™ (NASDAQ: GEN) today released its fiscal year 2...

6 months ago - PRNewsWire

Deepfakes, AI-Manipulated Audio, and Hijacked Social Media Surge in 2024

Avast Threat Report shows nearly 90% of cyberthreats currently rely on human manipulation TEMPE, Ariz. and PRAGUE , May 14, 2024 /PRNewswire/ -- Avast, a leader in digital security and privacy and bra...

6 months ago - PRNewsWire