Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Gen Digital Inc. Market Cap
From what 11 stock analysts predict, the share price for Gen Digital Inc. (GEN) might increase by 4.74% in the next year. This is based on a 12-month average estimation for GEN. Price targets go from $21 to $37. The majority of stock analysts believe GEN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 11 Wall Street analysts have assignedGEN 6 buy ratings, 4 hold ratings, and 1 sell ratings. This means that analysts expect Gen Digital Inc. to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on GEN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of GEN.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Saket Kalia Barclays | Equal-Weight | $30 | Maintains | Oct 31, 2024 |
Wells Fargo | Overweight | $37 | Maintains | Oct 31, 2024 |
Wells Fargo | Overweight | $35 | Initiates | Oct 24, 2024 |
| Saket Kalia Barclays | Equal-Weight | $28 | Maintains | Oct 7, 2024 |
| Saket Kalia Barclays | Equal-Weight | $27 | Maintains | Aug 2, 2024 |
| Matthew Hedberg RBC Capital | Sector Perform | $28 | Maintains | Aug 2, 2024 |
| Hamza Fodderwala Morgan Stanley | Equal-Weight | $27 | Downgrade | Jun 7, 2024 |
| Joseph Bonner Argus Research | Buy | $29 | Maintains | May 28, 2024 |
| Saket Kalia Barclays | Equal-Weight | $25 | Downgrade | Apr 11, 2024 |
| Hamza Fodderwala Morgan Stanley | Overweight | $28 | Maintains | Feb 12, 2024 |
| Matthew Hedberg RBC Capital | Sector Perform | $25 | Reiterates | Feb 2, 2024 |
| Hamza Fodderwala Morgan Stanley | Overweight | $30 | Maintains | Jan 29, 2024 |
| Hamza Fodderwala Morgan Stanley | Overweight | $26 | Upgrade | Nov 21, 2023 |
| Jonathan Eisenson B of A Securities | Buy | $25 | Initiates | Nov 16, 2023 |
| Matthew Hedberg RBC Capital | Sector Perform | $22 | Maintains | Nov 8, 2023 |
| Saket Kalia Barclays | Overweight | $23 | Maintains | Aug 4, 2023 |
| Peter Levine Evercore ISI Group | Outperform | $27 | Initiates | May 19, 2023 |
| Hamza Fodderwala Morgan Stanley | Equal-Weight | $23 | Maintains | May 12, 2023 |
| Saket Kalia Barclays | Overweight | $22 | Maintains | May 12, 2023 |
| Matthew Hedberg RBC Capital | Sector Perform | $21 | Maintains | May 12, 2023 |
When did it IPO
1989
Staff Count
3,400
Country
United States
Sector/Industry
Technology/Software - Infrastructure
CEO
Mr. Vincent Pilette
Market Cap
$19.19B
In 2023, GEN generated $3.34B in revenue, which was a increase of 19.38% from the previous year. This can be seen as a signal that GEN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Sat, 07 Dec 2024
Sentiment - NEUTRAL
Source - MarketBeat
Summary - A Deloitte survey reveals that 57% of over 1,000 executives plan to increase cybersecurity spending in the next 1-2 years due to rising threats across sectors.
Why It Matters - Rising cybersecurity threats lead to increased corporate spending on defense measures, suggesting growth opportunities for cybersecurity firms and potential impacts on overall market stability.
Wed, 04 Dec 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Gen™ predicts that AI will increasingly blur reality, leading to heightened risks of data theft and hyper-personalized scams in 2025.
Why It Matters - Increased cyberthreats and data breaches can lead to heightened regulatory scrutiny and potential liabilities for companies, impacting stock performance and investor sentiment.
Fri, 29 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Gen Digital (GEN) reported earnings 30 days ago. Investors should monitor upcoming performance indicators and market reactions for future stock movements.
Why It Matters - GEN's recent earnings report may influence stock performance, guiding investor sentiment and expectations for future growth or risks, impacting trading decisions.
Fri, 22 Nov 2024
Sentiment - NEUTRAL
Source - FXEmpire
Summary - Shares of Gen Digital, Inc. (GEN) are increasing due to significant purchases by institutional investors.
Why It Matters - Rising shares indicate strong institutional interest, suggesting positive market sentiment and potential growth for Gen Digital, which can attract more retail investors and drive prices higher.
Thu, 21 Nov 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Norton has launched Norton Small Business Premium, an all-in-one cybersecurity solution for entrepreneurs and small businesses, featuring 24/7 IT support to protect against cyberthreats.
Why It Matters - The launch of Norton Small Business Premium highlights Gen's commitment to cybersecurity, potentially increasing demand for its services and boosting investor confidence in growth prospects.
Fri, 22 Nov 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Gen Digital's strong profitability and business model position it well for industry consolidation, though it faces potential future threats. Its focus on existing customers supports stable growth.
Why It Matters - Gen Digital's strong profitability and customer focus suggest resilience amid sector consolidation, but potential threats could impact future growth, influencing investor sentiment and strategy.
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