Gen Digital Stock Outlook: Is Wall Street Bullish or Bearish?

Core Insights - Gen Digital Inc. is a significant player in the global consumer cyber-safety market, with a market capitalization of approximately $14.8 billion, offering products under well-known brands such as Norton and Avast [1] Stock Performance - Over the past 52 weeks, Gen Digital's shares have decreased by nearly 14%, underperforming the S&P 500 Index, which increased by 14.3% during the same period [2] - Year-to-date, the stock is down 11.8%, while the S&P 500 has gained 1.4% [2] - The stock has also lagged behind the State Street Technology Select Sector SPDR ETF, which gained 23.9% over the past year [3] Recent Earnings Report - On November 7, 2025, Gen Digital's stock rose 1.3% intraday following the release of its Q2 fiscal 2026 earnings, which showed revenue of $1.22 billion, surpassing the $1.19 billion estimate [5] - Non-GAAP EPS for the quarter was $0.62, exceeding expectations with a 15% increase, marking the eighth consecutive quarter of meeting the company's growth target of 12%–15% [5] - Bookings increased by 27% to $1.22 billion, indicating strong customer demand [6] Future Guidance - Management anticipates Q3 non-GAAP revenue between $1.22 billion and $1.24 billion and non-GAAP EPS of $0.62 to $0.64, maintaining the 12%–15% growth outlook [6] - The fiscal year 2026 revenue guidance has been raised to a range of $4.92 billion to $4.97 billion, with non-GAAP EPS projected between $2.51 and $2.56 [6] Analyst Projections - Analysts project a diluted EPS of $2.30 for fiscal year 2026, reflecting a year-over-year growth of 14.4% [7] - Recent performance has shown mixed results, with the company exceeding earnings expectations in only one quarter while missing in the other three [7] Analyst Ratings - The stock is rated as a "Moderate Buy" by Wall Street, with four analysts recommending a "Strong Buy," four suggesting a "Hold," and one advising a "Strong Sell" [8]