Gen Digital (GEN)

NASDAQInformation TechnologySoftware - InfrastructureSnapshot 2026-10-15

$24.16-2.66%

Close 2026-10-16 · 1-day change

Read the published Living FV report summary

Investment OutlookAs of Oct 15, 2026

What could strengthen or challenge Gen Digital’s outlook?

The long-term thesis, the evidence coming in, and the environment around it. Thesis dated Jul 8, 2026.

Higher potential upsideImproving expectations

Next-FY EPS estimate change · 30 days

+0.2%

+10% or more+5%0%−5%−10% or less

3.31 → 3.31 EPS · FY ending Apr 3, 2028 · 5 analysts

Higher risk of downsideWeakening expectations

One observable signal. This measures changing earnings expectations, not the probability of a gain or loss.

How this is measured

Change in the same fiscal period’s mean EPS estimate from Sep 15, 2026 to Oct 15, 2026: (new ÷ prior − 1). Contributor count changed from 5 to 5; this is not the number of analysts revising. Source: FMP consensus snapshots. The ±10% axis is a display range.

Living FV™

Living Fair Value by QuarterlyIQ

A valuation that evolves as the business changes.

A published Living FV snapshot is not available yet. The valuation workflow remains discoverable; a market target cannot supply the missing evidence.

View Living FV report and workflow

What the Thesis Depends On

Three key conditions need to be met for the investment thesis to play out.

Key Factor	Why It Matters	Current Status	Break Condition	Latest Evidence
EPS grows to about $2.9 per share in FY27	Profit per share rises to about $2.9 next year.	Intact	EPS falls below $2.6 in FY27	Diluted EPS: $0.36 per share FY2027-Q1; GAAP. Published target: >= $2.85 per share. Target period is not explicitly aligned with this observation. Source published Aug 7, 20260.36 USD/share · source valueSource reportLast status assessment Oct 15, 2026 Measurement source consolidated · GAAP FY2027-Q1 · Period ending Jul 3, 2026 Source: company_financial_results. Reference: 6f46ebf3-31b0-4d99-b0cd-66ca700db80e. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 4 of last 5 quarters. Management raised FY27 EPS guidance to $2.87-$2.97 from prior $2.85-$2.95, reflecting confidence in growth momentum. Diluted EPS increased from $0.22 in 2026-Q1 to $0.36 in 2027-Q1. The trajectory matches management's repeated emphasis on raising EPS targets and delivering growth. Delivery assessment Oct 15, 2026
Restructuring program costs capped near $50 million	A supporting condition in Gen Digital's published investment case. The stated target is <= $50 million charges.	Intact	restructuring charges exceed $70 million in 2026-Q3	Direct metric needs a verified mapping The published measure or accounting basis is not supported by an exact source binding. Source date unavailableLast status assessment Oct 15, 2026Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 3 of last 5 quarters. Restructuring and other costs rose from $10 million in 2025-Q4 to $32 million in 2027-Q1, reflecting active implementation of the restructuring program. Management has reiterated this initiative since 2026-Q1, and the financial data shows delivering progress on this cost discipline priority. Delivery assessment Oct 15, 2026
Gen Digital revenue grows to about $5.0 billion	Gen Digital grows revenue 27% yearly to $5 billion.	Intact	revenue falls below $4.5 billion in FY26-Q4	Revenue: $1.336B FY2027-Q1; GAAP. Published target: >= $5.0 billion. Target period is not explicitly aligned with this observation. Source published Aug 7, 20261,336,000,000 USD · source valueSource reportLast status assessment Oct 15, 2026 Measurement source consolidated · GAAP FY2027-Q1 · Period ending Jul 3, 2026 Source: company_financial_results. Reference: 6f46ebf3-31b0-4d99-b0cd-66ca700db80e. Source status: eligible. Compare required operating outcomes Compare scope, accounting basis and period before treating this evidence as progress against an annual requirement. Management context Stated as a priority in 5 of last 5 quarters. Revenue grew from $974 million in 2025-Q2 to $1.336 billion in 2027-Q1, and total paid customers increased from 67 million to 81 million over the same period. Management consistently emphasizes platform expansion and integration, and the financial and customer growth trajectory is delivering against this priority. Delivery assessment Oct 15, 2026

Stored thesis · Jul 8, 2026. Latest Evidence uses source-matched measurements where available, alongside the last thesis-monitor assessment. Source periods and assessment dates are shown separately. A new measurement does not automatically change the published status or verify an older target.

Incoming Evidence

Compare these dated observations with the operating requirements above

Expectations trend

Same fiscal period

FY2028 · fiscal year ending 2028-04-03 · fmp

FY2028 EPS$3.31

$3.30 → $3.31 · observed estimates

FY2028 revenue$5.82B

$5.76B → $5.82B · observed estimates

Exact estimates & source dates

One fiscal period and provider throughout. At least five contributors are required for each plotted metric; missing coverage stays a gap. Axes show the observed range. Counts measure coverage, not revisions.

FY2028 estimate observations · fmp
Snapshot	EPS	Revenue	EPS / revenue analysts
2026-07-24	$3.30	$5,762,146,155	6 / 6
2026-07-25	$3.30	$5,762,146,155	6 / 6
2026-07-26	$3.30	$5,762,146,155	6 / 6
2026-07-27	$3.30	$5,762,146,155	6 / 6
2026-07-28	$3.30	$5,762,146,155	6 / 6
2026-07-29	$3.30	$5,762,146,157	6 / 6
2026-07-30	$3.30	$5,762,146,157	6 / 6
2026-07-31	$3.30	$5,762,146,157	6 / 6
2026-08-01	$3.30	$5,762,146,157	6 / 6
2026-08-02	$3.30	$5,762,146,157	6 / 6
2026-08-03	$3.30	$5,762,146,157	6 / 6
2026-08-04	$3.30	$5,762,146,157	6 / 6
2026-08-05	$3.30	$5,762,146,157	6 / 6
2026-08-06	$3.30	$5,762,146,157	6 / 6
2026-08-07	$3.30	$5,762,146,155	6 / 6
2026-08-08	$3.30	$5,762,146,155	6 / 6
2026-08-09	$3.30	$5,762,146,155	6 / 6
2026-08-10	$3.30	$5,762,146,155	6 / 6
2026-08-12	$3.30	$5,762,146,155	6 / 6
2026-08-13	$3.30	$5,762,146,155	6 / 6
2026-08-14	$3.30	$5,762,146,155	6 / 6
2026-08-15	$3.30	$5,762,146,155	6 / 7
2026-08-16	$3.30	$5,762,146,155	6 / 7
2026-08-17	$3.30	$5,762,146,155	6 / 7
2026-08-18	$3.30	$5,762,146,155	6 / 7
2026-08-19	$3.30	$5,762,146,155	6 / 7
2026-08-20	$3.30	$5,816,083,959	6 / 7
2026-08-21	$3.30	$5,816,083,959	6 / 7
2026-08-22	$3.30	$5,816,083,959	6 / 7
2026-08-23	$3.30	$5,816,083,959	6 / 7
2026-08-24	$3.30	$5,816,083,959	6 / 7
2026-08-25	$3.30	$5,816,083,959	6 / 7
2026-08-26	$3.30	$5,816,083,959	6 / 7
2026-08-27	$3.30	$5,816,083,959	6 / 7
2026-08-28	$3.30	$5,816,083,959	6 / 7
2026-08-29	$3.30	$5,816,083,959	6 / 7
2026-08-30	$3.30	$5,816,083,959	6 / 7
2026-08-31	$3.30	$5,816,083,959	6 / 7
2026-09-01	$3.31	$5,816,087,544	6 / 7
2026-09-02	$3.31	$5,816,087,544	6 / 7
2026-09-03	$3.31	$5,816,087,544	6 / 7
2026-09-04	$3.31	$5,816,087,544	5 / 6
2026-09-05	$3.31	$5,816,087,544	5 / 6
2026-09-06	$3.31	$5,816,087,544	5 / 6
2026-09-07	$3.31	$5,816,087,544	5 / 6
2026-09-08	$3.31	$5,816,087,544	5 / 6
2026-09-09	$3.31	$5,816,087,544	5 / 6
2026-09-10	$3.31	$5,816,087,544	5 / 6
2026-09-11	$3.31	$5,816,087,544	5 / 6
2026-09-12	$3.31	$5,816,087,544	5 / 6
2026-09-13	$3.31	$5,816,087,544	5 / 6
2026-09-14	$3.31	$5,816,087,544	5 / 6
2026-09-15	$3.31	$5,816,087,544	5 / 6
2026-09-16	$3.31	$5,816,087,544	5 / 6
2026-09-17	$3.31	$5,816,087,544	5 / 6
2026-09-18	$3.31	$5,816,087,544	5 / 6
2026-09-19	$3.31	$5,816,087,544	5 / 6
2026-09-20	$3.31	$5,816,087,544	5 / 6
2026-09-21	$3.31	$5,816,087,544	5 / 6
2026-09-22	$3.31	$5,816,087,544	5 / 6
2026-09-23	$3.31	$5,816,087,544	5 / 6
2026-09-24	$3.31	$5,816,087,544	5 / 6
2026-09-25	$3.31	$5,816,087,544	5 / 6
2026-09-26	$3.31	$5,816,147,622	5 / 6
2026-09-27	$3.31	$5,816,147,622	5 / 6
2026-09-28	$3.31	$5,816,147,622	5 / 6
2026-09-29	$3.31	$5,816,147,622	5 / 6
2026-09-30	$3.31	$5,819,004,765	5 / 6
2026-10-01	$3.31	$5,819,004,765	5 / 6
2026-10-02	$3.31	$5,823,035,299	5 / 6
2026-10-03	$3.31	$5,823,035,299	5 / 6
2026-10-04	$3.31	$5,823,035,299	5 / 6
2026-10-05	$3.31	$5,823,035,299	5 / 6
2026-10-06	$3.31	$5,823,035,299	5 / 6
2026-10-07	$3.31	$5,823,035,299	5 / 6
2026-10-08	$3.31	$5,823,035,299	5 / 6
2026-10-09	$3.31	$5,823,035,299	5 / 6
2026-10-10	$3.31	$5,823,035,299	5 / 6
2026-10-11	$3.31	$5,823,035,299	5 / 6
2026-10-12	$3.31	$5,823,035,299	5 / 6
2026-10-13	$3.31	$5,823,035,299	5 / 6
2026-10-14	$3.31	$5,823,035,299	5 / 6
2026-10-15	$3.31	$5,823,035,299	5 / 6

Revenue and EPS estimates track expectations. They are not delivered results or like-for-like proof of a required annual path.

Compare required revenue and earnings

Analyst view

Monthly observations

Buy / Strong BuyHoldSell / Strong Sell

Exact monthly counts

Monthly rating snapshots · fmp. Missing snapshots are not zero.
Date	Buy*	Hold
2026-05-01	6	6
2026-06-01	6	6
2026-07-01	5	6
2026-08-01	5	6
2026-09-01	5	6
2026-10-01	4	6

*Buy includes Strong Buy; Sell includes Strong Sell. Monthly counts describe the analyst mix, not the firms behind each recent action.

Latest: 4 Buy / Strong Buy · 6 Hold · 0 Sell / Strong Sell

0 upgrades0 downgrades2 maintains

Recent actions · Sep 16–Oct 15 · 2 recorded

Price-target changes

30 days

○ Previous · ● Latest · common dollar scale

RBC CapitalOct 12 · prior Sep 25

$26.00 → $24.00-7.7%

$0$14.30$28.60

0 raises · 1 cuts · 0 unchanged · 0 without a comparable prior

How this is measured

Sep 16, 2026–Oct 15, 2026. Each firm's latest positive target is paired only with its immediately prior positive target from the same provider, at most 180 days earlier. Unmatched observations have one dot; conflicting observations are not compared.

Outlook in Brief

The evidence, the remaining questions, and what comes next

What's improving

No recovery evidence is reported in the available driver assessments.

Still unresolved / key risks

EPS grows to about $2.9 per share in FY27Diluted EPS: $0.36 per share
Restructuring program costs capped near $50 millionDirect metric needs a verified mapping
Gen Digital revenue grows to about $5.0 billionRevenue: $1.336B

Next proof point

Nov 5, 2026

Look for updated results and guidance against the published targets, plus direct evidence for unresolved drivers.

Review earnings

Bottom line

3 of 3 published conditions remain under pressure or need verification. The next results need to address those conditions.

The dated weekly assessment and its assumptions are available in Read detailed Outlook.

Historical risk context

Observed price history; separate from operating scenarios

Price sensitivity

1.6%Typical daily move · historical

Downside history

-35.5%Maximum drawdown · trailing year

Read detailed Outlook Company context, assumptions & risks

Gen Digital outlook in detail

The weekly editorial context below is a separate assessment from the dated monitor evidence above. Recovery observations do not automatically change the published thesis. Unverified outside influences are hypotheses, not measured driver evidence.

Updated Oct 10, 2026

What kind of bet this is

GEN represents a durable compounder in the tech sector. The current thesis is stable, supported by ongoing management priorities and a favorable sector backdrop.

What's priced into Gen Digital

The market currently prices GEN as cheap compared to its peers, with a notable expectations gap. This suggests that investors may not be fully accounting for the potential growth from management's initiatives.

What the fundamentals likely do

Fundamentals are likely to remain stable, as management is on track with key priorities, including platform expansion and restructuring. However, there is a low probability of missing earnings expectations, which could impact sentiment.

What Gen Digital hinges on

The thesis hinges on several factors, including the Fed's interest rate decisions, guidance updates from GEN, and performance from sector leaders like MSFT and ORCL. Positive developments in these areas could enhance the outlook.