Gen Digital Inc. (GEN)

NASDAQ: GEN · Real-Time Price · USD
26.58
+0.12 (0.45%)
Sep 18, 2024, 4:00 PM EDT - Market closed
0.45%
Market Cap 16.36B
Revenue (ttm) 3.83B
Net Income (ttm) 610.00M
Shares Out 615.53M
EPS (ttm) 0.96
PE Ratio 27.72
Forward PE 11.71
Dividend $0.50 (1.88%)
Ex-Dividend Date Aug 19, 2024
Volume 2,436,106
Open 26.27
Previous Close 26.46
Day's Range 26.27 - 26.85
52-Week Range 16.38 - 26.85
Beta 1.06
Analysts Buy
Price Target 27.20 (+2.33%)
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]

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 $27.2, which is an increase of 2.33% from the latest price.

Price Target
$27.2
(2.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

1 day 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.

14 days 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.

4 weeks 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...

6 weeks 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...

6 weeks 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...

6 weeks 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 ...

7 weeks 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.

2 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...

2 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...

2 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...

2 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...

3 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 ...

3 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.

3 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...

4 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...

4 months ago - PRNewsWire

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.

4 months ago - Yahoo Finance

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...

4 months ago - Seeking Alpha

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.

4 months ago - Reuters

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

Gen Brands Norton, Avast, AVG and Avira Earn 16 Award Recognitions Across Third-Party Testing Institutions AV-Comparatives and AV Test

TEMPE, Ariz. and PRAGUE , April 10, 2024 /PRNewswire/ -- Gen (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, today announced that independent testing institutions AV-Comparatives...

5 months ago - PRNewsWire

Avast Continues Expansion of its Avast One Family of Products Adding Personalized, Modular Cyber Safety

The new Avast One Silver allows people to add advanced security, privacy, or performance features to suit their personal preferences or needs TEMPE, Ariz. and PRAGUE , April 3, 2024 /PRNewswire/ -- Av...

6 months ago - PRNewsWire

Tax Prep Service Scams Rank High on Taxpayers' List of Concerns This Filing Season

LifeLock experts advise how to keep your identity and refund safe while hiring pros to do your taxes  TEMPE, Ariz. and PRAGUE, March 14, 2024 /PRNewswire/ -- As the annual ritual of tax season rolls o...

6 months ago - PRNewsWire