Gen Digital (GEN)
Market Price (8/20/2026): $27.55 | Market Cap: $16.5 BilInvestor Relations Sector: Information Technology | Industry: Systems Software
Gen Digital (GEN)
Market Price (8/20/2026): $27.55Market Cap: $16.5 BilSector: Information TechnologyIndustry: Systems Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 9.4% Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 43% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 31%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30% Stock buyback supportStock Buyback 3Y Total is 1.4 Bil Low stock price volatilityVol 12M is 35% Megatrend and thematic driversMegatrends include Cybersecurity. Themes include Software Security, Identity Management, and Endpoint Protection. | Weak multi-year price returns2Y Excs Rtn is -26%, 3Y Excs Rtn is -32% | Key risksGEN key risks include [1] the secular threat of its products being made redundant by security solutions integrated into major tech platforms and [2] a declining market among younger, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.9%, FCF Yield is 9.4% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 43% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 31%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 30% |
| Stock buyback supportStock Buyback 3Y Total is 1.4 Bil |
| Low stock price volatilityVol 12M is 35% |
| Megatrend and thematic driversMegatrends include Cybersecurity. Themes include Software Security, Identity Management, and Endpoint Protection. |
| Weak multi-year price returns2Y Excs Rtn is -26%, 3Y Excs Rtn is -32% |
| Key risksGEN key risks include [1] the secular threat of its products being made redundant by security solutions integrated into major tech platforms and [2] a declining market among younger, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 8/17/2026
Gen Digital (GEN) stock has gained about 45% since 4/30/2026 because of the following key factors:
1. Gen Digital consistently surpassed earnings expectations and raised its fiscal year guidance.
The company reported fiscal Q4 2026 adjusted EPS of $0.67 on May 7, 2026, exceeding the consensus estimate of $0.65, with revenue of $1.28 billion beating the $1.25 billion estimate and growing 27% year-over-year. This strong performance continued into fiscal Q1 2027, announced on August 6, 2026, where adjusted EPS reached $0.71 against an estimate of $0.68 or $0.69, representing a 4.41% beat, and revenue grew 6.3% year-over-year to $1.34 billion, above the $1.31 billion forecast. Following these results, Gen Digital raised its fiscal year 2027 revenue guidance to $5.375 billion-$5.475 billion and EPS guidance to $2.87-$2.97.
2. The company demonstrated robust double-digit bookings and revenue growth driven by its platform strategy.
Gen Digital achieved its fifth consecutive quarter of double-digit bookings growth, with bookings increasing 11% year-over-year to $1.28 billion in fiscal Q1 2027. Revenue also grew 11% year-over-year in fiscal Q1 2027, marking the company's fastest growth rate since its creation. This was attributed to broad-based strength across its Cyber Safety and Trust-Based Solutions segments.
Show more
Gen Digital (GEN) stock has gained about 45% since 4/30/2026 because of the following key factors:
1. Gen Digital consistently surpassed earnings expectations and raised its fiscal year guidance.
The company reported fiscal Q4 2026 adjusted EPS of $0.67 on May 7, 2026, exceeding the consensus estimate of $0.65, with revenue of $1.28 billion beating the $1.25 billion estimate and growing 27% year-over-year. This strong performance continued into fiscal Q1 2027, announced on August 6, 2026, where adjusted EPS reached $0.71 against an estimate of $0.68 or $0.69, representing a 4.41% beat, and revenue grew 6.3% year-over-year to $1.34 billion, above the $1.31 billion forecast. Following these results, Gen Digital raised its fiscal year 2027 revenue guidance to $5.375 billion-$5.475 billion and EPS guidance to $2.87-$2.97.
2. The company demonstrated robust double-digit bookings and revenue growth driven by its platform strategy.
Gen Digital achieved its fifth consecutive quarter of double-digit bookings growth, with bookings increasing 11% year-over-year to $1.28 billion in fiscal Q1 2027. Revenue also grew 11% year-over-year in fiscal Q1 2027, marking the company's fastest growth rate since its creation. This was attributed to broad-based strength across its Cyber Safety and Trust-Based Solutions segments.
Show more
Updated on 8/17/2026
Gen Digital (GEN) stock has gained about 45% since 4/30/2026 because of the following key factors:
1. Gen Digital consistently surpassed earnings expectations and raised its fiscal year guidance.
The company reported fiscal Q4 2026 adjusted EPS of $0.67 on May 7, 2026, exceeding the consensus estimate of $0.65, with revenue of $1.28 billion beating the $1.25 billion estimate and growing 27% year-over-year. This strong performance continued into fiscal Q1 2027, announced on August 6, 2026, where adjusted EPS reached $0.71 against an estimate of $0.68 or $0.69, representing a 4.41% beat, and revenue grew 6.3% year-over-year to $1.34 billion, above the $1.31 billion forecast. Following these results, Gen Digital raised its fiscal year 2027 revenue guidance to $5.375 billion-$5.475 billion and EPS guidance to $2.87-$2.97.
2. The company demonstrated robust double-digit bookings and revenue growth driven by its platform strategy.
Gen Digital achieved its fifth consecutive quarter of double-digit bookings growth, with bookings increasing 11% year-over-year to $1.28 billion in fiscal Q1 2027. Revenue also grew 11% year-over-year in fiscal Q1 2027, marking the company's fastest growth rate since its creation. This was attributed to broad-based strength across its Cyber Safety and Trust-Based Solutions segments.
3. Successful integration and expansion of Trust-Based Solutions, including MoneyLion, fueled customer growth.
The strategy of combining Cyber Safety, Identity Protection, and Financial Wellness, particularly through the MoneyLion integration, contributed significantly to performance. Paid customers increased to 81 million from 79 million in the prior quarter and 76 million a year earlier, while connected financial accounts climbed to 110 million from 75 million at the time of the MoneyLion acquisition.
4. Strategic initiatives in AI-driven security and privacy enhanced future growth prospects.
Gen Digital announced the acceleration of Agentic Security and Privacy for the AI Era on April 30, 2026, and its collaboration with xAI to power AI-native products like Norton Neo and AI Assistants. Additionally, the company launched the Fearless Planet Index on August 3, 2026, a new cyber safety intelligence hub. These developments signal the company's commitment to innovation and leveraging AI to expand its market presence.
Show less
Gen Digital (GEN) stock has gained about 45% since 4/30/2026 because of the following key factors:
1. Gen Digital consistently surpassed earnings expectations and raised its fiscal year guidance.
The company reported fiscal Q4 2026 adjusted EPS of $0.67 on May 7, 2026, exceeding the consensus estimate of $0.65, with revenue of $1.28 billion beating the $1.25 billion estimate and growing 27% year-over-year. This strong performance continued into fiscal Q1 2027, announced on August 6, 2026, where adjusted EPS reached $0.71 against an estimate of $0.68 or $0.69, representing a 4.41% beat, and revenue grew 6.3% year-over-year to $1.34 billion, above the $1.31 billion forecast. Following these results, Gen Digital raised its fiscal year 2027 revenue guidance to $5.375 billion-$5.475 billion and EPS guidance to $2.87-$2.97.
2. The company demonstrated robust double-digit bookings and revenue growth driven by its platform strategy.
Gen Digital achieved its fifth consecutive quarter of double-digit bookings growth, with bookings increasing 11% year-over-year to $1.28 billion in fiscal Q1 2027. Revenue also grew 11% year-over-year in fiscal Q1 2027, marking the company's fastest growth rate since its creation. This was attributed to broad-based strength across its Cyber Safety and Trust-Based Solutions segments.
3. Successful integration and expansion of Trust-Based Solutions, including MoneyLion, fueled customer growth.
The strategy of combining Cyber Safety, Identity Protection, and Financial Wellness, particularly through the MoneyLion integration, contributed significantly to performance. Paid customers increased to 81 million from 79 million in the prior quarter and 76 million a year earlier, while connected financial accounts climbed to 110 million from 75 million at the time of the MoneyLion acquisition.
4. Strategic initiatives in AI-driven security and privacy enhanced future growth prospects.
Gen Digital announced the acceleration of Agentic Security and Privacy for the AI Era on April 30, 2026, and its collaboration with xAI to power AI-native products like Norton Neo and AI Assistants. Additionally, the company launched the Fearless Planet Index on August 3, 2026, a new cyber safety intelligence hub. These developments signal the company's commitment to innovation and leveraging AI to expand its market presence.
Show less
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Stock Movement Drivers
Fundamental Drivers
The 44.2% change in GEN stock from 4/30/2026 to 8/19/2026 was primarily driven by a 62.5% change in the company's Net Income Margin (%).| (LTM values as of) | 4302026 | 8192026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.10 | 27.54 | 44.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,727 | 5,079 | 7.4% |
| Net Income Margin (%) | 12.8% | 20.7% | 62.5% |
| P/E Multiple | 19.4 | 15.7 | -19.1% |
| Shares Outstanding (Mil) | 611 | 599 | 2.0% |
| Cumulative Contribution | 44.2% |
Market Drivers
4/30/2026 to 8/19/2026| Return | Correlation | |
|---|---|---|
| GEN | 44.2% | |
| Market (SPY) | 7.0% | 17.4% |
| Sector (XLK) | 15.1% | 5.6% |
Fundamental Drivers
The 16.5% change in GEN stock from 1/31/2026 to 8/19/2026 was primarily driven by a 62.7% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 8192026 | Change |
|---|---|---|---|
| Stock Price ($) | 23.63 | 27.54 | 16.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,473 | 5,079 | 13.5% |
| Net Income Margin (%) | 12.7% | 20.7% | 62.7% |
| P/E Multiple | 25.5 | 15.7 | -38.7% |
| Shares Outstanding (Mil) | 616 | 599 | 2.8% |
| Cumulative Contribution | 16.5% |
Market Drivers
1/31/2026 to 8/19/2026| Return | Correlation | |
|---|---|---|
| GEN | 16.5% | |
| Market (SPY) | 11.4% | 30.6% |
| Sector (XLK) | 27.8% | 21.3% |
Fundamental Drivers
The -4.4% change in GEN stock from 7/31/2025 to 8/19/2026 was primarily driven by a -43.0% change in the company's P/E Multiple.| (LTM values as of) | 7312025 | 8192026 | Change |
|---|---|---|---|
| Stock Price ($) | 28.80 | 27.54 | -4.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,935 | 5,079 | 29.1% |
| Net Income Margin (%) | 16.3% | 20.7% | 26.9% |
| P/E Multiple | 27.5 | 15.7 | -43.0% |
| Shares Outstanding (Mil) | 614 | 599 | 2.5% |
| Cumulative Contribution | -4.4% |
Market Drivers
7/31/2025 to 8/19/2026| Return | Correlation | |
|---|---|---|
| GEN | -4.4% | |
| Market (SPY) | 22.7% | 32.0% |
| Sector (XLK) | 40.4% | 21.1% |
Fundamental Drivers
The 51.1% change in GEN stock from 7/31/2023 to 8/19/2026 was primarily driven by a 78.9% change in the company's P/E Multiple.| (LTM values as of) | 7312023 | 8192026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.23 | 27.54 | 51.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,317 | 5,079 | 53.1% |
| Net Income Margin (%) | 40.2% | 20.7% | -48.4% |
| P/E Multiple | 8.8 | 15.7 | 78.9% |
| Shares Outstanding (Mil) | 641 | 599 | 7.0% |
| Cumulative Contribution | 51.1% |
Market Drivers
7/31/2023 to 8/19/2026| Return | Correlation | |
|---|---|---|
| GEN | 51.1% | |
| Market (SPY) | 73.9% | 41.9% |
| Sector (XLK) | 109.8% | 32.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| GEN Return | 28% | -16% | 9% | 22% | 1% | 3% | 50% |
| Peers Return | 2% | -50% | 70% | 7% | -7% | -17% | -28% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 105% |
Monthly Win Rates [3] | |||||||
| GEN Win Rate | 58% | 42% | 67% | 75% | 58% | 50% | |
| Peers Win Rate | 50% | 33% | 58% | 58% | 53% | 38% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| GEN Max Drawdown | -17% | -34% | -34% | -18% | -21% | -34% | |
| Peers Max Drawdown | -27% | -59% | -29% | -41% | -39% | -37% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: PATH, S, CVLT, EXYN, GYGY.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/19/2026 (YTD)
How Low Can It Go
| Event | GEN | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -14.5% | -18.8% |
| % Gain to Breakeven | 17.0% | 23.1% |
| Time to Breakeven | 29 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -15.3% | -9.5% |
| % Gain to Breakeven | 18.1% | 10.5% |
| Time to Breakeven | 20 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -27.5% | -6.7% |
| % Gain to Breakeven | 37.9% | 7.1% |
| Time to Breakeven | 189 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.4% | -24.5% |
| % Gain to Breakeven | 28.8% | 32.4% |
| Time to Breakeven | 593 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -19.4% | -33.7% |
| % Gain to Breakeven | 24.1% | 50.9% |
| Time to Breakeven | 32 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -14.5% | -19.2% |
| % Gain to Breakeven | 17.0% | 23.8% |
| Time to Breakeven | 7 days | 105 days |
In The Past
Gen Digital's stock fell -14.5% during the 2025 US Tariff Shock. Such a loss loss requires a 17.0% gain to breakeven.
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Asset Allocation
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| Event | GEN | S&P 500 |
|---|---|---|
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -27.5% | -6.7% |
| % Gain to Breakeven | 37.9% | 7.1% |
| Time to Breakeven | 189 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -22.4% | -24.5% |
| % Gain to Breakeven | 28.8% | 32.4% |
| Time to Breakeven | 593 days | 427 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -20.3% | -6.8% |
| % Gain to Breakeven | 25.5% | 7.3% |
| Time to Breakeven | 41 days | 15 days |
| 2013 Taper Tantrum | ||
| % Loss | -23.3% | -0.2% |
| % Gain to Breakeven | 30.3% | 0.2% |
| Time to Breakeven | 125 days | 1 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -24.1% | -15.4% |
| % Gain to Breakeven | 31.7% | 18.2% |
| Time to Breakeven | 98 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -39.9% | -53.4% |
| % Gain to Breakeven | 66.3% | 114.4% |
| Time to Breakeven | 140 days | 1085 days |
In The Past
Gen Digital's stock fell -14.5% during the 2025 US Tariff Shock. Such a loss loss requires a 17.0% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Gen Digital (GEN)
Gen Digital, trading under the symbol GEN, specializes in providing comprehensive cyber safety solutions tailored for consumers worldwide. The company is dedicated to protecting individuals and their digital lives by offering a suite of products designed to guard against online threats, secure privacy, and prevent identity theft in an increasingly connected world.
The company's core offerings include Norton 360, an integrated subscription platform that provides extensive protection for PCs, Macs, and mobile devices against malware, viruses, and other cyber threats. Additionally, Gen Digital is well-known for its LifeLock identity theft protection solution, which offers monitoring, alerts, and restoration services. Complementing these, the company provides Norton Secure VPN for online privacy, Privacy Monitor Assistant to help remove personal information from data brokers, Home Title Protect for fraud detection, and the Avira Security portfolio.
Gen Digital serves a broad global consumer base, with operations spanning across the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific region, and Japan. Its products and services are distributed through a diverse range of channels, including retailers, telecom service providers, hardware original equipment manufacturers, employee benefit providers, and its own e-commerce platforms.
AI Analysis | Feedback
It's like McAfee for consumer digital safety, offering antivirus, identity theft protection, and privacy tools.
Think of it as the ADT for your digital life and identity, providing comprehensive online security and protection.
AI Analysis | Feedback
Major Products and Services of Gen Digital (GEN)
- Norton 360: An integrated platform providing extensive cyber safety coverage and protection for PCs, Macs, and mobile devices against online threats.
- LifeLock identity theft protection solution: Offers monitoring, alerts, and restoration services to protect customers from identity theft.
- Norton Secure VPN solution: Enhances security and online privacy by providing an encrypted data tunnel for data.
- Privacy Monitor Assistant: An on-demand service that helps members delete personal information from online data brokers.
- Home Title Protect: A product designed to detect fraud and notify members regarding their home title.
- Avira Security: A portfolio of consumer-focused cybersecurity and privacy solutions.
AI Analysis | Feedback
Gen Digital (GEN) primarily sells its cyber safety and identity protection solutions directly to **individuals** (consumers) worldwide. Based on the services and products offered, its customer base can be categorized as follows:
- General Consumers and Device Users: Individuals seeking comprehensive digital protection for their personal devices, including PCs, Macs, and mobile devices, against various online threats such as malware, viruses, ransomware, and phishing. This category utilizes products like Norton 360 and Avira Security.
- Individuals Concerned with Identity Theft and Online Privacy: Customers who require advanced identity theft protection, monitoring, and restoration services, as well as tools to enhance their online privacy. This includes users of LifeLock, Norton Secure VPN, and Privacy Monitor Assistant.
- Homeowners: Individuals specifically looking to protect their property from fraud, such as through services like Home Title Protect.
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- Equifax Inc. (EFX)
- TransUnion (TRU)
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Vincent Pilette, Chief Executive Officer
Vincent Pilette has served as the Chief Executive Officer of Gen Digital since 2019. He initially joined Symantec (later NortonLifeLock, now Gen Digital) as Chief Financial Officer in 2019 before being appointed CEO in the same year. Mr. Pilette spearheaded the separation of Symantec's consumer assets to establish NortonLifeLock and led the significant acquisition of Avast, which ultimately formed Gen Digital. Prior to his tenure at Gen Digital, he held the position of Chief Financial Officer at Logitech from 2013 to 2019 and at Electronic For Imaging (EFI) from 2011 to 2013. His extensive career also includes nearly two decades at Hewlett-Packard and Hewlett Packard Enterprise, where he held various senior finance roles.
Natalie Derse, Chief Financial Officer
Natalie Derse is the Chief Financial Officer at Gen Digital, a role she assumed when the company was known as NortonLifeLock Inc. She brings over 20 years of financial management experience to her position. Before joining Gen Digital, Ms. Derse spent nine years at eBay, Inc. from 2011 to 2020, where she held several financial leadership roles, including Vice President and Chief Financial Officer for Global Product, Platform, Payments, Risk, and Trust. Her earlier career includes various capacities at Stanley Black & Decker, Inc. from 2008 to 2011, and over ten years in numerous financial roles with General Electric Company.
Bryan Ko, Chief Operating Officer, Chief Legal Officer and Corporate Secretary
Bryan Ko serves as the Chief Operating Officer, Chief Legal Officer, and Corporate Secretary for Gen Digital. He is also responsible for corporate affairs.
Kara Jordan, Chief People Officer
Kara Jordan leads People and Culture at Gen Digital. She is responsible for the company's human resources strategy and initiatives.
Leena Elias, Chief Product Officer
Leena Elias is the Chief Product Officer at Gen Digital, overseeing Cyber Safety Product and Ecommerce.
AI Analysis | Feedback
Here are the key risks to Gen Digital's business:
- Intense Competition and Rapidly Evolving Cyber Threat Landscape: The cybersecurity market is highly competitive, characterized by numerous established players like McAfee, Bitdefender, and ESET, as well as emerging AI-driven security startups. Gen Digital also faces significant competition from major operating system vendors, such as Microsoft and Apple, which are increasingly integrating native security features into their platforms. This intense competition can lead to pricing pressures and impact profit margins. The effectiveness of Gen Digital's cyber safety solutions is critically dependent on its ability to continuously innovate and adapt to a rapidly evolving cyber threat landscape. This landscape includes the rise of advanced AI-powered hacking tools, deepfakes, ransomware, and sophisticated social engineering techniques, which necessitate ongoing and substantial investments in research and development. Failure to stay ahead of these emerging threats could lead to product obsolescence, decreased customer trust, and a loss of market share.
- Risk of Data Breaches Affecting Gen Digital's Own Systems or Customer Data: As a leading provider of cyber safety and identity protection solutions, a security incident or data breach impacting Gen Digital's own systems or the sensitive customer data it handles would be catastrophic. Such an event could severely damage its credibility, brand reputation, and erode customer trust, directly impacting its subscription-based business model and customer retention. Gen Digital itself has been a victim of cyberattacks, including an incident exploiting the MOVEit vulnerability, which resulted in the exposure of personal information belonging to its employees and contingent workers. These incidents can lead to significant financial losses, legal repercussions, and a decline in its customer base.
- High Debt Load from Acquisitions: Gen Digital carries a substantial debt load, largely stemming from its history of strategic mergers and acquisitions, such as the NortonLifeLock-Avast merger and the MoneyLion acquisition. As of early 2024, the company's net leverage ratio (Net Debt to EBITDA) was approximately 3.5x, which is considered high when compared to many of its competitors. This elevated debt level exposes Gen Digital to increased vulnerability from interest rate fluctuations and can restrict its financial flexibility. This limited flexibility could hinder its ability to pursue future strategic acquisitions or make aggressive investments in research and development, potentially constraining its growth and competitive position in the rapidly evolving cybersecurity market. Additionally, there is inherent execution risk in successfully integrating acquired companies like MoneyLion and fully realizing the anticipated cross-selling opportunities and revenue synergies.
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The increasing sophistication and integration of security and privacy features directly into operating systems (such as Microsoft Windows Defender, Apple's built-in security, and Android's native protections) and web browsers are diminishing the perceived need for standalone, third-party cybersecurity and privacy solutions among a significant segment of consumers.
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Gen Digital (symbol: GEN) operates within several significant addressable markets for its main products and services.
Consumer Cybersecurity/Cyber Safety
The global consumer cybersecurity software market was valued at $7.8 billion in 2022 and is projected to reach $20.2 billion by 2032. A broader "consumer security market," which includes antivirus and internet security suites, was valued at USD 43.6 billion in 2025 and is estimated to grow to USD 75.25 billion by 2031. North America stands as the largest market for consumer security solutions, holding approximately 45% of the global market share.Identity Theft Protection Services
The global identity theft protection services market was valued at USD 17.04 billion in 2025 and is projected to grow to USD 49.09 billion by 2034. Another estimate places the global market at US$ 10.57 billion in 2024, projected to reach US$ 27.74 billion by 2032. North America significantly contributes to this market, dominating with a 40.90% share in 2025 and holding approximately 60% of the global market share by another account. Specifically, the U.S. identity theft protection services market alone could grow from about US$ 3.8 billion in 2024 to nearly US$ 9.7 billion by 2032.Virtual Private Network (VPN)
The global Virtual Private Network (VPN) market was valued at $77.8 billion in 2025 and is projected to reach $481.5 billion by 2035. Another source states the global VPN market size was USD 88.96 billion in 2025 and is anticipated to reach around USD 534.22 billion by 2034. North America is a significant region for the VPN market, generating more than 37% of the global market, with the United States VPN market estimated at approximately USD 18.88 billion in 2024.Financial Wellness
Following its acquisition of MoneyLion, Gen Digital's entry into the financial wellness sector is expected to expand its total addressable market from approximately $22 billion in 2023 to over $50 billion.AI Analysis | Feedback
Gen Digital (NASDAQ: GEN) is expected to drive future revenue growth over the next 2-3 years through several key strategies:
- Expansion into Secure Financial Wellness: Gen Digital views its secure financial wellness initiatives, significantly bolstered by the acquisition of MoneyLion, as a primary catalyst for its next phase of growth. This segment is projected to achieve elevated and accelerating double-digit growth, with plans to embed MoneyLion's financial tools into existing Norton and LifeLock applications.
- AI-Powered Product Innovation: The company is heavily investing in artificial intelligence (AI) capabilities to enhance its product offerings and combat evolving cyber threats. This includes launching new AI-driven products such as Trust Hub and Norton Neo, as well as integrating AI-powered scam protection across its portfolio.
- Customer Growth and Retention through Cross-Selling: Gen Digital aims to increase its direct customer count and improve retention rates. A key strategy involves cross-selling identity protection and privacy services to its large Avast user base, converting freemium users to premium tiers to boost direct-to-consumer revenue per user.
- International Market Expansion: The company is actively expanding its market reach globally, with a particular focus on the EMEA (Europe, the Middle East, and Africa) and APJ (Asia Pacific and Japan) markets. This expansion leverages Avast's strong European presence and includes broadening agreements with major European and Asian mobile carriers to embed integrated mobile security into carrier bundles.
- Enhancing Subscription Model and Bundled Services (ARPU Increase): Gen Digital is focused on enhancing customer value by promoting its premium and bundled services to increase average revenue per user (ARPU). The company's strategy includes offering a comprehensive suite of services for device security, online privacy, and identity protection through its subscription-based model.
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Share Repurchases
- Gen Digital's Board of Directors increased the share repurchase authorization to $3 billion in fiscal year 2024, which included a remaining $429 million from a previous authorization.
- In fiscal year 2023, Gen Digital executed $904 million in share buybacks.
- Between October 4, 2025, and January 2, 2026, the company repurchased 11 million shares for $292.27 million, contributing to a total of 27 million shares repurchased for $703.32 million under a buyback plan announced on May 9, 2024. Additionally, approximately $300 million was deployed toward share repurchases in Q3 Fiscal Year 2026.
Share Issuance
- The merger with Avast plc, completed on September 12, 2022, involved Avast shareholders receiving a combination of cash consideration and newly issued shares in NortonLifeLock (now Gen Digital).
- Gen Digital's shares outstanding increased by 5.58% from 2022 to 2023 and by 2.88% from 2023 to 2024.
- For the nine months ended December 29, 2023, $6 million in common stock was issued under employee stock incentive plans.
Outbound Investments
- NortonLifeLock (now Gen Digital) completed its merger with Avast plc on September 12, 2022. This transaction, which valued Avast between approximately $8.1 billion and $9.2 billion, doubled the size of the company.
- The acquisition of MoneyLion significantly contributed to Gen Digital's growth, adding 16 points to growth in Q1 2025. MoneyLion's revenue is projected to grow over 30% for fiscal year 2026, driven by continued integration and cross-sales.
Capital Expenditures
- Gen Digital's capital expenditures were -$22.00 million in the last 12 months (as of the reporting date of the source).
- The company prioritizes disciplined investments in product innovation and go-to-market strategies to drive growth and accelerate revenue.
Peer Outperformance in Systems Software
GEN has outperformed 72% of its 68 Systems Software peers over 5Y. Among the peers that beat it are FTNT, NTNX and CVLT. Systems Software ranks 12th of 12 industries in Information Technology by median 5Y return. The sector’s gains have largely come from elsewhere.
Share of Systems Software constituents that GEN has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
49%
of 86 industry peers · -10.8% return
3Y
61%
of 75 industry peers · 43.4% return
5Y
72%
of 68 industry peers · 18.7% return
Systems Software peers with revenue growth within 4pp of GEN's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| GEN | Gen Digital | 12.8% | 15.7x | -10.8% | 43.4% | 18.7% | — |
| FTNT | Fortinet | 14.7% | 52.8x | 95.7% | 167.4% | 156.5% | +138pp |
| NTNX | Nutanix | 16.3% | 65.7x | -3.7% | 116.6% | 91.8% | +73pp |
| CVLT | CommVault Systems | 15.8% | 83.1x | -22.0% | 99.2% | 84.1% | +65pp |
| QLYS | Qualys | 10.3% | 31.6x | 40.3% | 28.9% | 70.2% | +52pp |
| MSFT | Microsoft | 16.1% | 26.8x | -4.4% | 56.0% | 65.2% | +47pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Information Technology sector, ranked by 5Y. Systems Software is GEN's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Electronic Manufacturing Services | 9 | 66.2% | 217.0% | 336.9% | FLEX 770% · TTMI 729% · JBL 450% |
| Semiconductor Materials & Equipment | 27 | 157.9% | 81.2% | 129.3% | AEHR 1838% · AXTI 753% · KLAC 514% |
| Technology Distributors | 9 | 21.3% | 59.6% | 74.1% | CLMB 337% · AVT 153% · SNX 114% |
| Electronic Components | 26 | 63.1% | 63.2% | 60.4% | CLS 3340% · BELFA 1394% · LPTH 616% |
| Communications Equipment | 35 | 39.6% | 86.5% | 49.3% | AAOI 1746% · LITE 878% · FEIM 710% |
| Semiconductors | 54 | 32.0% | 45.1% | 35.0% | POET 1972% · MU 1268% · NVDA 949% |
| Technology Hardware, Storage & Peripherals | 22 | 35.0% | 78.8% | 27.2% | STX 981% · WDC 934% · SMCI 926% |
| Internet Services & Infrastructure | 6 | 13.7% | 38.3% | 19.3% | DOCN 119% · GDDY 37% · VRSN 30% |
| Electronic Equipment & Instruments | 27 | -1.3% | 14.3% | -2.7% | PI 229% · SOTK 129% · NSSC 126% |
| IT Consulting & Other Services | 28 | -24.2% | -6.5% | -18.6% | CHRN 623584% · APLD 2082% · TSSI 731% |
| Application Software | 123 | -19.0% | -6.8% | -42.4% | VIDA 125456% · INLX 5620% · PLTR 630% |
| Systems Software ← | 69 | -9.0% | 21.1% | -49.1% | QNC 958% · PANW 487% · PAYS 443% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| GEN Grew. The Stock Did Not. Someone Is Wrong | 07/07/2026 | |
| Could Cash Machine Gen Digital Stock Be Your Next Buy? | 04/15/2026 | |
| 5-Day Sell-Off Sends Gen Digital Stock Down 13% | 03/31/2026 | |
| Gen Digital Stock Slides 8.6% With A 6-Day Losing Spree | 03/17/2026 | |
| Gen Digital Stock In Shambles: Down 8.8% With 6-Day Losing Streak | 03/17/2026 | |
| Is 13.5% Fall In Gen Digital (GEN) Stock A Buying Opportunity? | 03/11/2026 | |
| Gen Digital Earnings Notes | 12/26/2025 | |
| Is Gen Digital Stock Built to Withstand a Pullback? | 10/17/2025 | |
| ARTICLES | ||
| Own ServiceNow For AI? Gen Digital’s Numbers Speak Louder | 07/08/2026 | |
| ServiceNow vs Gen Digital: Which Stock Could Rally? | 06/03/2026 | |
| Is Gen Digital a Better Buy Than ServiceNow? | 04/16/2026 | |
| Strong Cash Yield: Is Gen Digital Stock A Buy? | 04/15/2026 | |
| Stocks Trading At 52-Week Low | 03/25/2026 |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 18.55 |
| Mkt Cap | 7.7 |
| Rev LTM | 1,444 |
| Op Inc LTM | 105 |
| FCF LTM | 317 |
| FCF 3Y Avg | 278 |
| CFO LTM | 324 |
| CFO 3Y Avg | 287 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 17.8% |
| Rev Chg 3Y Avg | 15.4% |
| Rev Chg Q | 14.4% |
| QoQ Delta Rev Chg LTM | 3.3% |
| Op Inc Chg LTM | 25.7% |
| Op Inc Chg 3Y Avg | 19.9% |
| Op Mgn LTM | 7.5% |
| Op Mgn 3Y Avg | 2.0% |
| QoQ Delta Op Mgn LTM | 0.8% |
| CFO/Rev LTM | 22.4% |
| CFO/Rev 3Y Avg | 22.5% |
| FCF/Rev LTM | 21.8% |
| FCF/Rev 3Y Avg | 21.8% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 7.7 |
| P/S | 4.8 |
| P/Op Inc | 29.9 |
| P/EBIT | 31.7 |
| P/E | 20.5 |
| P/CFO | 21.5 |
| Total Yield | 2.6% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 4.4% |
| D/E | 0.1 |
| Net D/E | -0.0 |
Segment Financials
Revenue by Segment| $ Mil | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Cyber Safety Platform | 3,339 | 3,176 | 3,057 | ||
| Trust-Based Solutions | 1,661 | 759 | 743 | ||
| Corporate | 0 | 0 | 0 | ||
| Single segment | 3,317 | ||||
| Consumer security revenues | 1,623 | ||||
| Identity and information protection revenues | 1,127 | ||||
| Legacy revenues | 46 | ||||
| Total | 5,000 | 3,935 | 3,800 | 3,317 | 2,796 |
| $ Mil | 2026 | 2025 | 2024 | 2019 | 2018 |
|---|---|---|---|---|---|
| Cyber Safety Platform | 2,041 | 1,911 | 1,832 | ||
| Trust-Based Solutions | 502 | 387 | 377 | ||
| Corporate | -423 | -688 | -1,099 | ||
| Acquisition-related costs | -3 | -60 | |||
| Amortization of intangible assets | -443 | -453 | |||
| Consumer Cyber Safety | 1,145 | 1,111 | |||
| Enterprise Security | 269 | 473 | |||
| Other | 5 | -2 | |||
| Restructuring, transition and other costs | -241 | -410 | |||
| Stock-based compensation expense | -352 | -610 | |||
| Total | 2,120 | 1,610 | 1,110 | 380 | 49 |
| $ Mil | 2025 | 2023 |
|---|---|---|
| Single segment | 643 | 1,334 |
| Total | 643 | 1,334 |
Price Behavior
Price Behavior
| Market Price | $27.54 | |
| Market Cap ($ Bil) | 16.6 | |
| First Trading Date | 12/29/2006 | |
| Distance from 52W High | -11.1% | |
| 50 Days | 200 Days | |
| DMA Price | $26.18 | $24.14 |
| DMA Trend | indeterminate | up |
| Distance from DMA | 5.2% | 14.1% |
| 3M | 1YR | |
| Volatility | 38.0% | 34.7% |
| Downside Capture | 87.05 | 119.53 |
| Upside Capture | 118.79 | 79.92 |
| Correlation (SPY) | 18.4% | 30.4% |
GEN Betas & Captures as of 7/31/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -0.02 | 0.27 | 0.45 | 0.88 | 0.85 | 0.86 |
| Up Beta | -2.94 | -1.35 | -0.96 | 0.30 | 0.68 | 0.69 |
| Down Beta | 1.09 | 0.42 | 0.64 | 0.62 | 0.65 | 0.87 |
| Up Capture | 124% | 94% | 169% | 131% | 77% | 87% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 12 | 22 | 32 | 60 | 112 | 369 |
| Down Capture | -29% | 50% | 0% | 107% | 109% | 100% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 10 | 21 | 31 | 64 | 137 | 376 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GEN | |
|---|---|---|---|---|
| GEN | -10.5% | 34.6% | -0.27 | - |
| Sector ETF (XLK) | 38.7% | 26.1% | 1.22 | 19.9% |
| Equity (SPY) | 20.7% | 12.8% | 1.19 | 30.5% |
| Gold (GLD) | 35.0% | 28.8% | 1.04 | -0.8% |
| Commodities (DBC) | 41.4% | 20.2% | 1.60 | -12.4% |
| Real Estate (VNQ) | 15.3% | 13.9% | 0.78 | 22.7% |
| Bitcoin (BTCUSD) | -44.7% | 42.7% | -1.27 | 18.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GEN | |
|---|---|---|---|---|
| GEN | 3.2% | 31.6% | 0.14 | - |
| Sector ETF (XLK) | 20.0% | 25.9% | 0.69 | 36.0% |
| Equity (SPY) | 13.1% | 17.2% | 0.59 | 43.2% |
| Gold (GLD) | 20.4% | 18.6% | 0.89 | 2.6% |
| Commodities (DBC) | 9.8% | 19.6% | 0.39 | 5.3% |
| Real Estate (VNQ) | 2.4% | 18.9% | 0.03 | 35.8% |
| Bitcoin (BTCUSD) | 7.2% | 52.6% | 0.32 | 16.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GEN | |
|---|---|---|---|---|
| GEN | 10.3% | 33.4% | 0.38 | - |
| Sector ETF (XLK) | 24.1% | 24.9% | 0.88 | 36.8% |
| Equity (SPY) | 15.2% | 17.9% | 0.72 | 39.2% |
| Gold (GLD) | 12.5% | 16.2% | 0.63 | 3.1% |
| Commodities (DBC) | 7.9% | 18.1% | 0.35 | 11.5% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 27.1% |
| Bitcoin (BTCUSD) | 60.0% | 66.0% | 1.00 | 11.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 8/17/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | 3.8% | 5.2% | |
| 5/7/2026 | 12.3% | 14.8% | 28.8% |
| 2/5/2026 | 8.1% | 5.0% | 1.1% |
| 11/6/2025 | 1.3% | 5.0% | 7.1% |
| 8/7/2025 | 7.7% | 11.5% | 6.2% |
| 5/6/2025 | 8.2% | 13.1% | 13.8% |
| 10/30/2024 | 8.2% | 8.2% | 15.1% |
| 8/1/2024 | -0.3% | -2.0% | 5.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 14 | 15 |
| # Negative | 9 | 8 | 6 |
| Median Positive | 8.1% | 8.3% | 7.5% |
| Median Negative | -5.5% | -7.8% | -9.3% |
| Max Positive | 15.3% | 24.9% | 36.3% |
| Max Negative | -11.2% | -12.8% | -17.8% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 8/6/2026 | 3.8% | 5.2% | |
| 5/7/2026 | 12.3% | 14.8% | 28.8% |
| 2/5/2026 | 8.1% | 5.0% | 1.1% |
| 11/6/2025 | 1.3% | 5.0% | 7.1% |
| 8/7/2025 | 7.7% | 11.5% | 6.2% |
| 5/6/2025 | 8.2% | 13.1% | 13.8% |
| 10/30/2024 | 8.2% | 8.2% | 15.1% |
| 8/1/2024 | -0.3% | -2.0% | 5.4% |
| 5/9/2024 | 15.3% | 24.9% | 20.9% |
| 2/1/2024 | -11.2% | -12.8% | -8.7% |
| 11/7/2023 | 8.5% | 8.3% | 27.6% |
| 8/3/2023 | 7.9% | 11.4% | 10.6% |
| 5/11/2023 | -5.5% | -6.1% | 7.5% |
| 2/2/2023 | -9.6% | -9.6% | -17.8% |
| 11/8/2022 | 6.0% | 2.9% | 6.0% |
| 8/4/2022 | -9.0% | -9.6% | -13.7% |
| 11/4/2021 | -0.7% | 0.3% | -2.0% |
| 7/27/2021 | -0.8% | -3.8% | 5.3% |
| 5/10/2021 | 10.8% | 23.9% | 36.3% |
| 2/4/2021 | -1.7% | -0.7% | -1.6% |
| 11/5/2020 | -7.4% | -11.2% | -9.9% |
| 8/6/2020 | 5.4% | 3.7% | 6.1% |
| SUMMARY STATS | |||
| # Positive | 13 | 14 | 15 |
| # Negative | 9 | 8 | 6 |
| Median Positive | 8.1% | 8.3% | 7.5% |
| Median Negative | -5.5% | -7.8% | -9.3% |
| Max Positive | 15.3% | 24.9% | 36.3% |
| Max Negative | -11.2% | -12.8% | -17.8% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/07/2026 | 10-Q |
| 03/31/2026 | 05/21/2026 | 10-K |
| 12/31/2025 | 02/06/2026 | 10-Q |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-K |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/16/2024 | 10-K |
| 12/31/2023 | 02/05/2024 | 10-Q |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/25/2023 | 10-K |
| 12/31/2022 | 02/06/2023 | 10-Q |
| 09/30/2022 | 11/09/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/07/2026 | 10-Q |
| 03/31/2026 | 05/21/2026 | 10-K |
| 12/31/2025 | 02/06/2026 | 10-Q |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/13/2025 | 10-Q |
| 03/31/2025 | 05/15/2025 | 10-K |
| 12/31/2024 | 01/31/2025 | 10-Q |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/07/2024 | 10-Q |
| 03/31/2024 | 05/16/2024 | 10-K |
| 12/31/2023 | 02/05/2024 | 10-Q |
| 09/30/2023 | 11/07/2023 | 10-Q |
| 06/30/2023 | 08/04/2023 | 10-Q |
| 03/31/2023 | 05/25/2023 | 10-K |
| 12/31/2022 | 02/06/2023 | 10-Q |
| 09/30/2022 | 11/09/2022 | 10-Q |
| 06/30/2022 | 08/05/2022 | 10-Q |
| 03/31/2022 | 05/20/2022 | 10-K |
| 12/31/2021 | 02/04/2022 | 10-Q |
| 09/30/2021 | 11/08/2021 | 10-Q |
| 06/30/2021 | 08/02/2021 | 10-Q |
| 03/31/2021 | 05/21/2021 | 10-K |
| 12/31/2020 | 02/05/2021 | 10-Q |
| 09/30/2020 | 11/06/2020 | 10-Q |
| 06/30/2020 | 08/06/2020 | 10-Q |
| 03/31/2020 | 05/28/2020 | 10-K |
| 12/31/2019 | 02/07/2020 | 10-Q |
| 09/30/2019 | 11/08/2019 | 10-Q |
Recent Forward Guidance
Updated 8/7/2026Latest: Q1 2027 Earnings Reported 8/6/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2027 Revenue | 1.32 Bil | 1.34 Bil | 1.35 Bil | 1.9% | Higher New | Guidance: 1.31 Bil for Q1 2027 | |
| Q2 2027 EPS | 0.71 | 0.72 | 0.73 | 4.3% | Higher New | Guidance: 0.69 for Q1 2027 | |
| 2027 Revenue | 5.38 Bil | 5.42 Bil | 5.47 Bil | 0.9% | Raised | Guidance: 5.38 Bil for 2027 | |
| 2027 EPS | 2.87 | 2.92 | 2.97 | 0.7% | Raised | Guidance: 2.9 for 2027 | |
Prior: Q4 2026 Earnings Reported 5/7/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2027 Revenue | 1.30 Bil | 1.31 Bil | 1.32 Bil | 5.0% | Higher New | Guidance: 1.25 Bil for Q4 2026 | |
| Q1 2027 EPS | 0.68 | 0.69 | 0.7 | 6.2% | Higher New | Guidance: 0.65 for Q4 2026 | |
| 2027 Revenue | 5.33 Bil | 5.38 Bil | 5.42 Bil | 8.3% | Higher New | Guidance: 4.96 Bil for 2026 | |
| 2027 EPS | 2.85 | 2.9 | 2.95 | 13.7% | Higher New | Guidance: 2.55 for 2026 | |
Q3 2026 Earnings Reported 2/5/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2026 Revenue | 1.24 Bil | 1.25 Bil | 1.26 Bil | 1.6% | Higher New | Guidance: 1.23 Bil for Q3 2026 | |
| Q4 2026 EPS | 0.64 | 0.65 | 0.66 | 3.2% | Higher New | Guidance: 0.63 for Q3 2026 | |
| 2026 Revenue | 4.96 Bil | 4.96 Bil | 4.97 Bil | 0.4% | Raised | Guidance: 4.95 Bil for 2026 | |
| 2026 EPS | 2.54 | 2.55 | 2.56 | 0.6% | Raised | Guidance: 2.54 for 2026 | |
Q2 2026 Earnings Reported 11/6/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q3 2026 Revenue | 1.22 Bil | 1.23 Bil | 1.24 Bil | 2.9% | Higher New | Guidance: 1.20 Bil for Q2 2026 | |
| Q3 2026 EPS | 0.62 | 0.63 | 0.64 | 3.3% | Higher New | Guidance: 0.61 for Q2 2026 | |
| 2026 Revenue | 4.92 Bil | 4.95 Bil | 4.97 Bil | 2.0% | Raised | Guidance: 4.85 Bil for 2026 | |
| 2026 EPS | 2.51 | 2.54 | 2.56 | 0.4% | Raised | Guidance: 2.52 for 2026 | |
Insider Activity
Updated 8/19/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Witteveen, Travis Michael | Head of Products and Portfolio | Direct | Sell | 8192026 | 28.06 | 440 | 12,346 | 13,933,053 | Form |
| 2 | Witteveen, Travis Michael | Head of Products and Portfolio | Direct | Sell | 8122026 | 29.42 | 30,000 | 882,558 | 14,607,659 | Form |
| 3 | Vlcek, Ondrej | Direct | Sell | 6122026 | 24.78 | 100,000 | 2,478,300 | 94,986,399 | Form | |
| 4 | Chrystal, John C | Direct | Buy | 6052026 | 27.06 | 3,000 | 81,171 | 850,104 | Form | |
| 5 | Derse, Natalie Marie | CFO | Direct | Sell | 2192026 | 23.62 | 794 | 18,754 | 10,786,734 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Witteveen, Travis Michael | Head of Products and Portfolio | Direct | Sell | 8192026 | 28.06 | 440 | 12,346 | 13,933,053 | Form |
| 2 | Witteveen, Travis Michael | Head of Products and Portfolio | Direct | Sell | 8122026 | 29.42 | 30,000 | 882,558 | 14,607,659 | Form |
| 3 | Vlcek, Ondrej | Direct | Sell | 6122026 | 24.78 | 100,000 | 2,478,300 | 94,986,399 | Form | |
| 4 | Chrystal, John C | Direct | Buy | 6052026 | 27.06 | 3,000 | 81,171 | 850,104 | Form | |
| 5 | Derse, Natalie Marie | CFO | Direct | Sell | 2192026 | 23.62 | 794 | 18,754 | 10,786,734 | Form |
| 6 | Vlcek, Ondrej | Direct | Sell | 12102025 | 27.12 | 113,674 | 3,082,930 | 106,665,564 | Form | |
| 7 | Chrystal, John C | Direct | Buy | 11132025 | 27.14 | 5,000 | 135,693 | 771,252 | Form | |
| 8 | Chrystal, John C | Direct | Buy | 8152025 | 32.10 | 10,000 | 321,000 | 414,122 | Form | |
| 9 | Ko, Bryan Seuk | CLO & Head Corp Aff | Direct | Sell | 8152025 | 32.00 | 41,084 | 1,314,688 | 18,766,784 | Form |
Investor Activity (13F)
Updated Aug 20, 202613F holdings as of Mar 31, 2026 (Q1 2026)
Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Systems Software Resources |
| CNET |
| ZDNet |
| Gartner |
| Software Development Times |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 8/19/2026