Gen Digital (GEN)
Market Price (3/30/2026): $18.74 | Market Cap: $11.5 BilSector: Information Technology | Industry: Systems Software
Gen Digital (GEN)
Market Price (3/30/2026): $18.74Market Cap: $11.5 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 8.2%, Dividend Yield is 2.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.1%, FCF Yield is 14% | Weak multi-year price returns2Y Excs Rtn is -36%, 3Y Excs Rtn is -43% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 70% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 37% | 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 cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 32% | ||
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -39% | ||
| Low stock price volatilityVol 12M is 31% | ||
| Megatrend and thematic driversMegatrends include Cybersecurity. Themes include Software Security, Identity Management, and Endpoint Protection. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 8.2%, Dividend Yield is 2.8%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 4.1%, FCF Yield is 14% |
| Attractive operating marginsOp Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is 37% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 33%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 32% |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -39% |
| Low stock price volatilityVol 12M is 31% |
| Megatrend and thematic driversMegatrends include Cybersecurity. Themes include Software Security, Identity Management, and Endpoint Protection. |
| Weak multi-year price returns2Y Excs Rtn is -36%, 3Y Excs Rtn is -43% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 70% |
| 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
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Gen Digital (GEN) stock has lost about 30% since 11/30/2025 because of the following key factors:
1. Analyst downgrades and cautious price targets contributed to negative sentiment. Wells Fargo initiated coverage on March 3, 2026, with an "Equal Weight" rating and a $22.00 price target, a notable decrease compared to previous trading levels. Additionally, Barclays cut its price target from $33.00 to $32.00 on February 6, 2026, and RBC Capital reduced its target from $33.00 to $29.00 on November 7, 2025, both maintaining "Hold" or "Equal Weight" ratings. Wall Street Zen also downgraded Gen Digital from a "buy" to a "hold" rating on March 21, 2026. These revised outlooks from multiple firms signaled a more cautious stance on the stock.
2. Broader technology sector weakness and concerns over AI disruption weighed on the stock. Gen Digital's stock movement was impacted by a wider tech sector sell-off and investor apprehension regarding the potential for AI to disrupt traditional software models within the cybersecurity industry. The cybersecurity sector has faced "historic pressure" since 2025, with 2026 seeing a "chaotic rise of AI" that introduces new vulnerabilities and an "AI arms race" between threat actors and defense mechanisms. Despite Gen Digital's proactive engagement in AI trust initiatives, these efforts have largely received "flat-to-negative reactions."
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1. Analyst downgrades and cautious price targets contributed to negative sentiment. Wells Fargo initiated coverage on March 3, 2026, with an "Equal Weight" rating and a $22.00 price target, a notable decrease compared to previous trading levels. Additionally, Barclays cut its price target from $33.00 to $32.00 on February 6, 2026, and RBC Capital reduced its target from $33.00 to $29.00 on November 7, 2025, both maintaining "Hold" or "Equal Weight" ratings. Wall Street Zen also downgraded Gen Digital from a "buy" to a "hold" rating on March 21, 2026. These revised outlooks from multiple firms signaled a more cautious stance on the stock.
2. Broader technology sector weakness and concerns over AI disruption weighed on the stock. Gen Digital's stock movement was impacted by a wider tech sector sell-off and investor apprehension regarding the potential for AI to disrupt traditional software models within the cybersecurity industry. The cybersecurity sector has faced "historic pressure" since 2025, with 2026 seeing a "chaotic rise of AI" that introduces new vulnerabilities and an "AI arms race" between threat actors and defense mechanisms. Despite Gen Digital's proactive engagement in AI trust initiatives, these efforts have largely received "flat-to-negative reactions."
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Stock Movement Drivers
Fundamental Drivers
The -30.1% change in GEN stock from 11/30/2025 to 3/29/2026 was primarily driven by a -34.4% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 26.23 | 18.34 | -30.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,473 | 4,727 | 5.7% |
| Net Income Margin (%) | 12.7% | 12.8% | 0.1% |
| P/E Multiple | 28.3 | 18.6 | -34.4% |
| Shares Outstanding (Mil) | 616 | 611 | 0.8% |
| Cumulative Contribution | -30.1% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| GEN | -30.1% | |
| Market (SPY) | -5.3% | 41.7% |
| Sector (XLK) | -9.1% | 38.6% |
Fundamental Drivers
The -38.7% change in GEN stock from 8/31/2025 to 3/29/2026 was primarily driven by a -39.9% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 29.90 | 18.34 | -38.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 4,227 | 4,727 | 11.8% |
| Net Income Margin (%) | 14.1% | 12.8% | -9.7% |
| P/E Multiple | 30.9 | 18.6 | -39.9% |
| Shares Outstanding (Mil) | 617 | 611 | 1.0% |
| Cumulative Contribution | -38.7% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| GEN | -38.7% | |
| Market (SPY) | 0.6% | 38.1% |
| Sector (XLK) | -0.7% | 31.1% |
Fundamental Drivers
The -31.7% change in GEN stock from 2/28/2025 to 3/29/2026 was primarily driven by a -28.9% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 26.83 | 18.34 | -31.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,889 | 4,727 | 21.5% |
| Net Income Margin (%) | 16.3% | 12.8% | -21.5% |
| P/E Multiple | 26.2 | 18.6 | -28.9% |
| Shares Outstanding (Mil) | 616 | 611 | 0.8% |
| Cumulative Contribution | -31.7% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| GEN | -31.7% | |
| Market (SPY) | 9.8% | 58.2% |
| Sector (XLK) | 15.9% | 52.3% |
Fundamental Drivers
The 0.1% change in GEN stock from 2/28/2023 to 3/29/2026 was primarily driven by a 52.1% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 2282023 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.32 | 18.34 | 0.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 3,107 | 4,727 | 52.1% |
| Net Income Margin (%) | 17.8% | 12.8% | -28.5% |
| P/E Multiple | 21.4 | 18.6 | -13.1% |
| Shares Outstanding (Mil) | 647 | 611 | 5.9% |
| Cumulative Contribution | 0.1% |
Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| GEN | 0.1% | |
| Market (SPY) | 69.4% | 47.4% |
| Sector (XLK) | 94.5% | 38.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| GEN Return | 28% | -16% | 9% | 22% | 1% | -30% | 2% |
| Peers Return | 17% | -53% | 42% | -16% | 29% | -31% | -42% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| GEN Win Rate | 58% | 42% | 67% | 75% | 58% | 0% | |
| Peers Win Rate | 58% | 35% | 53% | 48% | 47% | 20% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| GEN Max Drawdown | -6% | -21% | -27% | -13% | -14% | -30% | |
| Peers Max Drawdown | -27% | -65% | -13% | -36% | -24% | -36% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: MDB, OKTA, DT, U, PCTY.
[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 3/27/2026 (YTD)
How Low Can It Go
| Event | GEN | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -49.7% | -25.4% |
| % Gain to Breakeven | 99.0% | 34.1% |
| Time to Breakeven | 560 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -25.2% | -33.9% |
| % Gain to Breakeven | 33.7% | 51.3% |
| Time to Breakeven | 166 days | 148 days |
| 2018 Correction | ||
| % Loss | -48.2% | -19.8% |
| % Gain to Breakeven | 93.2% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -55.6% | -56.8% |
| % Gain to Breakeven | 125.4% | 131.3% |
| Time to Breakeven | 1,545 days | 1,480 days |
Compare to MDB, OKTA, DT, U, PCTY
In The Past
Gen Digital's stock fell -49.7% during the 2022 Inflation Shock from a high on 2/9/2022. A -49.7% loss requires a 99.0% gain to breakeven.
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About Gen Digital (GEN)
NortonLifeLock Inc. provides cyber safety solutions for consumers worldwide. The company offers Norton 360, an integrated platform provides extensive cyber safety coverage and a subscription service providing protection for PCs, Macs, and mobile devices against malware, viruses, adware, ransomware, and other online threats on various platforms; and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers. It also provides Norton Secure VPN solution enhances security and online privacy by providing an encrypted data tunnel; Privacy Monitor Assistant, an on-demand, white glove service where agents help members delete personal information from data brokers online; Home Title Protect product detects fraud and notifies members; and Avira Security, a consumer-focused portfolio of cybersecurity and privacy solutions. The company markets and sells its products and related services through retailers, telecom service providers, hardware original equipment manufacturers, and employee benefit providers, as well as e-commerce platform. It operates in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company was formerly known as Symantec Corporation and changed its name to NortonLifeLock Inc. in November 2019. NortonLifeLock Inc. was founded in 1982 and is headquartered in Tempe, Arizona.
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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.
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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.
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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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```htmlShare 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.
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| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 02282026 | BMI | Badger Meter | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02282026 | VRNS | Varonis Systems | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02272026 | ITRI | Itron | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | FSLR | First Solar | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | PEGA | Pegasystems | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 11212025 | GEN | Gen Digital | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | -14.5% | -14.5% | -18.0% |
| 09302023 | GEN | Gen Digital | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 28.2% | 58.8% | -6.7% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 54.57 |
| Mkt Cap | 11.0 |
| Rev LTM | 2,198 |
| Op Inc LTM | 202 |
| FCF LTM | 481 |
| FCF 3Y Avg | 364 |
| CFO LTM | 502 |
| CFO 3Y Avg | 417 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 15.1% |
| Rev Chg 3Y Avg | 17.7% |
| Rev Chg Q | 14.9% |
| QoQ Delta Rev Chg LTM | 3.5% |
| Op Mgn LTM | 9.1% |
| Op Mgn 3Y Avg | 2.4% |
| QoQ Delta Op Mgn LTM | 1.0% |
| CFO/Rev LTM | 27.1% |
| CFO/Rev 3Y Avg | 26.6% |
| FCF/Rev LTM | 23.8% |
| FCF/Rev 3Y Avg | 23.1% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 11.0 |
| P/S | 4.5 |
| P/EBIT | 11.7 |
| P/E | 21.3 |
| P/CFO | 17.2 |
| Total Yield | 1.8% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 3.1% |
| D/E | 0.0 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -0.5% |
| 3M Rtn | -32.5% |
| 6M Rtn | -31.5% |
| 12M Rtn | -27.6% |
| 3Y Rtn | -12.2% |
| 1M Excs Rtn | 3.3% |
| 3M Excs Rtn | -23.9% |
| 6M Excs Rtn | -27.0% |
| 12M Excs Rtn | -42.0% |
| 3Y Excs Rtn | -70.2% |
Segment Financials
Revenue by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Single segment | 3,800 | ||||
| Consumer security revenues | 2,029 | 1,623 | 1,513 | 1,450 | |
| Identity and information protection revenues | 1,244 | 1,127 | 1,038 | 994 | |
| Legacy revenues | 65 | 46 | |||
| ID Analytics | 46 | ||||
| Total | 3,800 | 3,338 | 2,796 | 2,551 | 2,490 |
| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Single segment | 607 | ||||
| Total | 607 |
Price Behavior
Price Behavior
| Market Price | $18.34 | |
| Market Cap ($ Bil) | 11.2 | |
| First Trading Date | 12/29/2006 | |
| Distance from 52W High | -42.2% | |
| 50 Days | 200 Days | |
| DMA Price | $22.71 | $26.75 |
| DMA Trend | down | down |
| Distance from DMA | -19.2% | -31.4% |
| 3M | 1YR | |
| Volatility | 37.1% | 31.2% |
| Downside Capture | 1.35 | 0.94 |
| Upside Capture | 42.16 | 73.24 |
| Correlation (SPY) | 45.4% | 58.0% |
GEN Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 2.77 | 2.13 | 1.75 | 1.06 | 0.96 | 0.95 |
| Up Beta | 5.42 | 4.45 | 3.69 | 1.87 | 0.86 | 0.78 |
| Down Beta | 2.42 | 1.95 | 1.59 | 0.95 | 1.05 | 0.96 |
| Up Capture | 172% | 71% | 79% | 34% | 72% | 91% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 11 | 20 | 29 | 54 | 120 | 372 |
| Down Capture | 245% | 225% | 171% | 130% | 110% | 103% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 10 | 21 | 32 | 69 | 129 | 371 |
[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 | -32.3% | 31.2% | -1.22 | - |
| Sector ETF (XLK) | 22.4% | 26.8% | 0.73 | 52.7% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 58.2% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | -3.3% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 12.7% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 49.0% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 28.7% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GEN | |
|---|---|---|---|---|
| GEN | -0.9% | 30.7% | 0.01 | - |
| Sector ETF (XLK) | 15.4% | 24.6% | 0.56 | 38.0% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 43.2% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 3.5% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 9.4% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 36.8% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 15.8% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with GEN | |
|---|---|---|---|---|
| GEN | 7.4% | 32.7% | 0.30 | - |
| Sector ETF (XLK) | 20.8% | 24.3% | 0.79 | 38.6% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 40.1% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 1.9% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 13.9% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 27.9% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 12.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/5/2026 | 8.7% | 5.6% | 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% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 12 | 14 |
| # Negative | 10 | 9 | 7 |
| Median Positive | 8.2% | 8.3% | 7.3% |
| Median Negative | -4.9% | -6.1% | -8.7% |
| 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 |
|---|---|---|
| 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 |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Vlcek, Ondrej | Direct | Sell | 12102025 | 27.12 | 113,674 | 3,082,930 | 106,665,564 | Form | |
| 2 | Chrystal, John C | Direct | Buy | 11132025 | 27.14 | 5,000 | 135,693 | 771,252 | Form | |
| 3 | Chrystal, John C | Direct | Buy | 8152025 | 32.10 | 10,000 | 321,000 | 414,122 | Form | |
| 4 | Ko, Bryan Seuk | CLO & Head Corp Aff | Direct | Sell | 8152025 | 32.00 | 41,084 | 1,314,688 | 18,766,784 | Form |
| 5 | Denzel, Nora | Direct | Sell | 5192025 | 28.76 | 31,646 | 910,139 | 1,002,574 | Form |
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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