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Gen Digital Inc. (GEN) Focused on Amplifying Growth and Shareholder Value
Yahoo Finance· 2025-12-08 06:01
Core Insights - Gen Digital Inc. (NASDAQ:GEN) is recognized as a strong investment opportunity in the cybersecurity sector, currently priced under $50, with a Moderate Buy rating from analysts [1] - The company has demonstrated impressive financial performance, with a significant increase in revenue and earnings per share (EPS) in its latest fiscal quarter [2][3] Financial Performance - In the second quarter of fiscal 2026, Gen Digital reported earnings per share of $0.62, surpassing the analyst estimate of $0.61 [2] - Revenue for the same quarter reached $1.22 billion, reflecting a 25% year-over-year increase, compared to the expected $1.19 billion [2] - The company has provided strong guidance for the third quarter, projecting EPS between $0.62 and $0.64 and revenue between $1.22 billion and $1.24 billion, both above analyst expectations [3] Analyst Ratings and Price Targets - Analysts at Evercore ISI have reiterated an Outperform rating for Gen Digital and raised the price target to $37 from $35, indicating positive sentiment following the company's strong quarterly results [2] - The average price target among seven analysts is $34.43, suggesting a potential upside of 31.01% from the current stock price of $26.98 [1] Company Overview - Gen Digital Inc. is a global leader in consumer cyber safety, offering a range of cybersecurity solutions, including antivirus software, identity theft protection, and online privacy services [4]