Gen Digital Inc. (GEN)
NASDAQ: GEN · IEX Real-Time Price · USD
22.31
+0.21 (0.95%)
Mar 28, 2024, 11:46 AM 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 25.6, with a low estimate of 23 and a high estimate of 28. The average target predicts an increase of 14.75% from the current stock price of 22.31.

Analyst Consensus: Buy
Target Low Average Median High
Price $23 $25.6 $25 $28
Change +3.09% +14.75% +12.06% +25.50%
* Price targets were last updated on Feb 12, 2024.

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 Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 011111
Buy 233333
Hold 211111
Sell 000000
Strong Sell 000000
Total 455555

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Morgan Stanley
Morgan Stanley
Buy
Maintains
$30$28
Buy Maintains $30$28 +25.50% Feb 12, 2024
RBC Capital
RBC Capital
Hold
Reiterates
$25
Hold Reiterates $25 +12.06% Feb 2, 2024
Morgan Stanley
Morgan Stanley
Buy
Maintains
$28$30
Buy Maintains $28$30 +34.47% Jan 29, 2024
Morgan Stanley
Morgan Stanley
Buy
Upgrades
$23$26
Buy Upgrades $23$26 +16.54% Nov 21, 2023
B of A Securities
B of A Securities
Strong Buy
Initiates
$25
Strong Buy Initiates $25 +12.06% Nov 16, 2023
More Analyst Ratings

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%
Year 2018201920202021202220232024202520262027
Revenue
2.46B2.49B2.55B2.80B3.34B3.85B3.98B4.13B4.46B4.62B
Revenue Growth
-4.03%1.38%2.45%9.60%19.38%15.31%3.51%3.64%8.04%3.47%
EPS
0.056.050.921.412.161.972.262.553.063.30
EPS Growth
-97.06%12,000.00%-84.79%53.26%53.19%-8.62%14.36%12.75%20.24%7.92%
No. Analysts -----1010722
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20232024202520262027
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 20232024202520262027
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 20232024202520262027
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 20232024202520262027
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.