Gen Digital Inc. (GEN)
Market Cap | 16.81B |
Revenue (ttm) | 3.83B |
Net Income (ttm) | 610.00M |
Shares Out | 615.53M |
EPS (ttm) | 0.96 |
PE Ratio | 28.51 |
Forward PE | 12.05 |
Dividend | $0.50 (1.83%) |
Ex-Dividend Date | Aug 19, 2024 |
Volume | 623,339 |
Open | 27.30 |
Previous Close | 27.29 |
Day's Range | 27.25 - 27.51 |
52-Week Range | 16.38 - 27.59 |
Beta | 1.06 |
Analysts | Buy |
Price Target | 27.40 (+0.35%) |
Earnings Date | Nov 5, 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]
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 StatementsAnalyst Forecast
According to 5 analysts, the average rating for GEN stock is "Buy." The 12-month stock price forecast is $27.4, which is an increase of 0.35% from the latest price.
News
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...
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.
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...
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...
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.
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.
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...
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...
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...
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 ...
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.
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...
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...
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...
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...
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 ...
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.
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...
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...
Gen Digital CEO talks cyber security threats, earnings, and stock performance
In the age of AI, the potential for exploitation of this technology for digital theft is a concern. Gen Digital (GEN) aims to help protect against data theft.
Gen Digital Inc. (GEN) Q4 2024 Earnings Call Transcript
Gen Digital Inc. (NASDAQ:GEN) Q4 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Jason Starr - Head of Investor Relations Vincent Pilette - Chief Executive Officer Natalie D...
Gen Digital beats quarterly revenue estimates
Cybersecurity firm Gen Digital beat Wall Street's fourth-quarter revenue estimate on Thursday, as customers spend more on cybersecurity networking solutions to combat sophisticated online threats.
Gen Delivers Fifth Consecutive Year of Organic Growth and Record Profitability in Fiscal 2024
Gen Board authorizes $3 billion share repurchase program TEMPE, Ariz. and PRAGUE , May 9, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, re...
Swipe Right on Safety: New Study from Norton Finds 64% of Online Daters are Interested in Using AI as a Dating Coach
Amid the excitement of incorporating AI into online dating, romance seekers should still be cautious of dating scams and catfishing TEMPE, Ariz. and PRAGUE , April 23, 2024 /PRNewswire/ -- A new globa...
Gen to Announce Fiscal 2024 Fourth Quarter and Full-Year Results on May 9, 2024
TEMPE, Ariz. and PRAGUE , April 16, 2024 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN) today announced that its fiscal 2024 fourth quarter and full-year financial results will be released Thursday, M...