Gen Digital, a NASDAQ-listed company, is set to report its Q2 earnings amidst heightened interest from investors and analysts making hold and sell-off decisions, such as Rep. Julie Johnson. Expectations for the stock are mixed. Insiders are buying shares, notably a purchase of 5,000 shares by a director, suggesting confidence in the stock's growth. The company was named as a top dividend stock with insiders buying and a yield of 1.91%. Intech Investment Management and Geode Capital Management have increased their stake, while Mitsubishi UFJ Trust & Banking Corp and the Teacher Retirement System of Texas have trimmed their holdings. However, the stock's valuation is a point of debate, with some analysts predicting a rise in share prices while others suggesting the stock could be below its intrinsic value. Notably, the company's recent developments and new product innovations have garnered interest. Its AI-Powered Scam Protection Launch is being touted as potentially transformative. Furthermore, significant earnings and a raised outlook are anticipated to change the company's investing appeal. Strong Q1 earnings and revenues above estimates added to this sentiment with the company expected to post quarterly earnings soon. Meanwhile, Barclays and Evercore ISI have increased their price targets for the company, citing strong earnings growth.
Gen Digital Stocks GEN News Analytics from Wed, 07 May 2025 07:00:00 GMT to Fri, 21 Nov 2025 11:23:32 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 3
