Gen Digital IncNasdaq: GEN
Information Technology · Systems Software
$24.28
-1.20%
Vol: 1.3M
Research Digest
Wednesday, June 17, 2026
Gen Digital drew a fresh Wells Fargo Hold on June 15 after a strong fiscal Q4 beat, with shares up ~30% over the past month.
On June 15, 2026, Wells Fargo initiated/maintained a Hold rating on Gen Digital. This follows fiscal Q4 2026 results showing EPS of $0.67 (vs $0.65 expected) and revenue of $1.28B (vs $1.24B expected), closing the fiscal year at $5.0B total revenue. RBC Capital raised its price target to $24 from $22 while keeping a Sector Perform rating. The stock trades near $24.52, up roughly 30% in the past month, narrowing the upside to the ~$29 consensus target. The bear case: a Hold from Wells Fargo and a Sector Perform from RBC signal limited upside after the run-up, and director Ondrej Vlcek sold $2.48M in shares, which some read as a near-term valuation signal.
Previous Market Intelligence
13 daysJun 16No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 15No significant overnight updatesNeutral▶
No material news in the last 48 hours.
Jun 14No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 21No significant overnight updatesNeutral▶
No material news in the last 48 hours.
May 20Gen Digital shares jumped 3.8% on May 18 to $24.34 after the company crossed $5B in FY26 revenue and raised its FY27 outlook with Norton Neo AI browser momentum.Positive▶
Gen Digital reported fiscal 2026 results on May 7, 2026, becoming the first time the company crossed $5 billion in annual revenue with revenue rising 27% and GAAP diluted EPS up 53% year-over-year, marking its strongest performance in a decade. The company issued FY27 non-GAAP guidance of $5,325-$5,425 million in revenue and EPS of $2.85-$2.95. Gen affirmed its quarterly $0.125 cash dividend with a May 18 ex-date, payable June 10. The stock surged 3.8% on May 18 to $24.34, with gains of 11.8% over the past week and 23.2% over the past month. Evercore ISI raised its price target to $38 from $37 on May 8. Growth has been fueled by the rollout of the Norton Neo AI-native browser integrating VPN, anti-phishing and AI safety features, plus an integration of Gen's Engine into Microsoft Copilot/MSN/Bing and an AI partnership with xAI.
May 19Gen Digital crosses $5B FY26 revenue (+27% YoY), guides FY27 revenue to $5.33B-$5.43B and EPS $2.85-$2.95; Evercore raises PT to $38Positive▶
Gen Digital reported its strongest results in a decade for FY2026 (ended April 3) on May 7, crossing $5 billion in revenue for the first time with 27% growth and 53% YoY GAAP diluted EPS growth. The company hit its 3.0x net debt-to-EBITDA leverage target a full year early; operating cash flow was $1.55B and free cash flow $1.52B. FY27 non-GAAP guidance calls for $5.325B-$5.425B in revenue (8-10% growth) and EPS of $2.85-$2.95, driven by AI innovation and cross-segment synergies. The board approved a quarterly cash dividend of $0.125 payable June 10 (record date May 18). Norton, part of Gen, launched a major AI-native browser update to Norton Neo with integrated VPN, anti-phishing, and anti-fingerprinting. Evercore ISI raised its PT to $38 from $37 (Outperform). Shares are up 11.8% over the past week.
May 18Gen Digital crossed $5B FY26 revenue (+27% YoY), raised FY27 guidance to $5.33-5.43B, announced a fiscal 2027 AI-focused restructuring (~$50M cost), and set a $0.125 dividend payable June 10 to record date May 18.Positive▶
Gen Digital reported FY26 results on May 7, 2026, with GAAP revenue of $5.0B (+27% YoY) and GAAP diluted EPS of $1.57 (+53%), achieving the $5B revenue milestone for the first time. Q4 GAAP revenue was $1.283B with diluted EPS of $0.84. FY27 non-GAAP guidance is $5.325-5.425B revenue and $2.85-2.95 EPS. FY26 free cash flow was $1.523B. The Board approved a quarterly cash dividend of $0.125 per share payable June 10 to holders of record May 18, 2026 (today). On May 5, Gen approved a fiscal 2027 restructuring program, expected to cost ~$50M to streamline operations and adopt AI. Recent product moves include integration of its Engine product into Microsoft Copilot/MSN/Bing on April 27, an AI partnership with xAI, Norton Neo browser updates, VPN for Agents, and Norton AI Agent Protection. Stock has gained 11.8% over the past week and 23.2% over the past month.
May 15Gen Digital stock surged 10% after Q4 FY26 beat as revenue crossed $5B; FY27 guidance projects 8-10% growth to $5.33-5.43B with AI restructuring approved May 5.Positive▶
Gen Digital reported FY2026 results on May 7, 2026, with revenue crossing $5 billion for the first time and Q4 FY26 beating estimates, sending shares up 10.03% in morning trading. The company issued FY27 guidance for revenue of $5.325-$5.425 billion (8-10% pro-forma growth) with EPS of $2.85-$2.95 (mid-teens growth). On May 5, the board approved a fiscal 2027 restructuring program centered on AI adoption, expecting ~$50 million in associated charges. The board declared a $0.125 quarterly dividend payable June 10. Norton released a major update to Norton Neo, its AI-native browser. RBC raised target to $24 from $22 (Sector Perform); Barclays raised to $27 from $26 (Equalweight). Stock has gained 23.2% over the last month.
May 14Gen Digital launches Norton AI Agent VPN and expands Agent Trust Hub, building on strong FY26 results that crossed $5B revenue.Positive▶
Gen Digital announced significant AI enhancements to its Norton browser, launching VPN for Agents and expanding Norton AI Agent Protection within its Agent Trust Hub, driving a 5.49% share surge. This follows the May 7 FY26 earnings report where Gen crossed $5B revenue for the first time, with Q4 revenue of $1.28B (up 27% YoY) and EPS of $0.67 beating consensus by $0.02. Operating margin hit 51% and bookings reached $5.1B. The company issued bullish FY27 guidance of $5.33B-$5.43B (vs $4.96B consensus) and 8-10% revenue growth with mid-teens EPS growth. Shares are up 11.8% over the past week and 23.2% over the past month. Risk: stock remains down 22.9% over the past year amid concerns about cybersecurity competition.
May 13Gen Digital surged ~10% after Q4 FY26 earnings beat with revenue crossing $5B for first time and FY27 guidance of 8-10% growthPositive▶
Gen Digital reported Q4 FY26 results on May 7, 2026, with revenue of $1.28B (beating $1.25B estimate) and EPS of $0.67 vs $0.65 expected. Full-year FY26 revenue crossed $5B for the first time, up 9% pro forma, with non-GAAP EPS of $2.56, up 15%. The Trust-Based Solutions segment grew 20%+ while Cyber Safety grew mid-single digits. FY27 guidance calls for revenue of $5.325B-$5.425B (8-10% growth) and EPS of $2.85-$2.95 (mid-teens growth). The company also launched VPN for Agents and expanded Norton AI Agent Protection, supporting its convergence of cyber safety and financial wellness thesis.
May 12Gen Digital disclosed Rep. Gilbert Cisneros acquired GEN shares on May 12, days after FY26 results crossed $5B revenue and the company launched an AI-focused FY27 restructuring.Positive▶
A Form disclosure on May 12 showed Rep. Gilbert Ray Cisneros, Jr. acquired Gen Digital stock. The political-disclosure trade follows the May 7 FY26 earnings, where revenue crossed $5B for the first time (+9% pro forma), non-GAAP EPS hit $2.56 (+15%), and Q4 EPS of $0.67 beat the $0.65 consensus. Gen also announced a ~$50M FY27 AI-focused restructuring on May 5 and guided FY27 revenue to $5.325B-$5.425B and EPS to $2.85-$2.95. A $0.125 quarterly dividend is payable June 10. Bear case: restructuring execution risk and reliance on cross-sell from the MoneyLion acquisition keep some analysts watchful.
May 11Gen Digital reported FY26 revenue crossing $5B (up 9% pro forma) and stock surged ~10% on strong Q4 beat and FY27 guidance.Positive▶
Gen Digital reported Q4 and FY2026 results on May 7, crossing $5B in annual revenue for the first time with non-GAAP EPS of $2.56 (up 15%). Q4 revenue rose 27% to $1.28B with GAAP diluted EPS up 53% YoY, and shares surged +10% in morning trading. The company guided FY2027 revenue to $5.325B-$5.425B (8-10% pro forma growth) and EPS to $2.85-$2.95 (13-17% growth). On May 5, Gen approved a ~$50M FY2027 restructuring to streamline operations and accelerate AI adoption. The company announced an Agent Trust Hub, integrated agent protection into Norton 360, and a partnership with xAI to build a digital concierge for Norton subscribers. A quarterly dividend of $0.125 was declared, payable June 10.
May 8Posts record FY26 revenue of $5B with 27% growth; raises FY27 guidance to $2.85-$2.95 EPSPositive▶
Gen Digital reported fiscal 2026 revenue of $5.0B, up 27% YoY, with GAAP net income of $973M and diluted EPS of $1.57 (non-GAAP: $2.56). Q4 revenue was $1,283M (+27%). The company raised FY27 guidance to $5.325-$5.425B in revenue ($2.85-$2.95 EPS) reflecting 8-10% YoY growth. Board approved a $50M restructuring program focused on AI integration and approved a quarterly dividend of $0.125 per share. Stock rose 6.49% post-earnings.
Sector Peers
| Company | Price | Day | 1M | Fwd P/E | Beta | Mkt Cap |
|---|---|---|---|---|---|---|
| MSFTMICROSOFT | $384.32 | -2.41% | -7.0% | 20.4x | 1.10 | $2.93T |
| PANWPALO | $281.16 | +0.45% | +13.1% | 68.0x | 0.94 | $228.1B |
| CRWDCROWDSTRIKE | $685.76 | +0.92% | +9.8% | 108.7x | 1.24 | $173.0B |
| FTNTFORTINET | $144.84 | -1.48% | +16.2% | 42.9x | 1.11 | $107.7B |
| NOWSERVICENOW | $100.77 | -0.56% | -2.0% | 20.2x | 0.93 | $104.5B |
| GENGEN | $24.28 | -1.20% | +0.9% | 7.5x | 1.21 | $14.8B |
Key Fundamentals
RSI (14-Day)
52-Week Range
Moving Averages
Price below 200d MA — bearish structure.