Gen Digital Inc. (GEN)
NASDAQ: GEN · IEX Real-Time Price · USD
20.69
+0.20 (0.98%)
Apr 23, 2024, 1:18 PM EDT - Market open
Gen Digital Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Gen Digital stock have an average target of 26, with a low estimate of 25 and a high estimate of 28. The average target predicts an increase of 25.66% from the current stock price of 20.69.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Gen Digital stock from 5 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Buy → Hold Downgrades $28 → $25 | Buy → Hold | Downgrades | $28 → $25 | +20.83% | Apr 11, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $30 → $28 | Buy | Maintains | $30 → $28 | +35.33% | Feb 12, 2024 |
| RBC Capital | RBC Capital | Hold Reiterates $25 | Hold | Reiterates | $25 | +20.83% | Feb 2, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $28 → $30 | Buy | Maintains | $28 → $30 | +45.00% | Jan 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold → Buy Upgrades $23 → $26 | Hold → Buy | Upgrades | $23 → $26 | +25.66% | Nov 21, 2023 |
Financial Forecast
Revenue This Year
3.85B
from 3.34B
Increased by 15.31%
Revenue Next Year
3.98B
from 3.85B
Increased by 3.51%
EPS This Year
1.97
from 2.16
Decreased by -8.62%
EPS Next Year
2.26
from 1.97
Increased by 14.36%
Revenue Forecast
| Revenue | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 4.0B | 4.2B | 4.4B | 4.7B | 4.8B |
| Avg | 3.8B | 4.0B | 4.1B | 4.5B | 4.6B |
| Low | 3.7B | 3.8B | 3.9B | 4.3B | 4.4B |
Revenue Growth
| Revenue Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 20.0% | 8.7% | 9.3% | 13.6% | 8.3% |
| Avg | 15.3% | 3.5% | 3.6% | 8.0% | 3.5% |
| Low | 11.8% | -0.9% | -1.5% | 3.6% | -0.3% |
EPS Forecast
| EPS | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | 2.08 | 2.44 | 2.77 | 3.18 | 3.43 |
| Avg | 1.97 | 2.26 | 2.55 | 3.06 | 3.30 |
| Low | 1.90 | 2.13 | 2.32 | 2.97 | 3.20 |
EPS Growth
| EPS Growth | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|
| High | -3.7% | 23.4% | 22.8% | 25.0% | 12.2% |
| Avg | -8.6% | 14.4% | 12.8% | 20.2% | 7.9% |
| Low | -12.0% | 7.7% | 2.9% | 16.7% | 4.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.