Gen Digital Inc. has been performing steadily in the market, with its stocks remaining underperforming. A SWOT analysis reveals a mixed outlook for the cybersecurity firm. Despite this, GEN is considered among the most
affordable tech stocks to invest in. Significant dates include
Q3 earnings release due on January 30. The acquisition of
MoneyLion was a strategic move expanding its financial welfare services. Overall, their P/E appears to be reasonable. Notable is the ongoing competition with VeriSign Stock. Key financial highlights were Gen Digital meeting their Q2 earnings estimates while anticipating strong Q3 revenue from increased adoption of their cybersecurity solution, GenAI. The stock performed favorably, outshining the Dow and competitors, despite losses over several days. Some inside trading was also noted with Gen's CLO selling $1.48 million worth of stock, and insiders selling another $8.7m worth of shares. Despite this, Wells Fargo rates the stock as overweight due to an increase in cyber attack threats. Their
Q2 FY25 results were strong, and a dividend of $0.125 paid out. Their balance sheet remains healthy, and there's significant anticipation for their next earnings season.
Gen Digital Stocks GEN News Analytics from Mon, 25 Jun 2018 13:18:48 GMT to Wed, 15 Jan 2025 22:51:00 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor 6
