Gen Digital (GEN) Receives a Rating Update from a Top Analyst

In a report released on October 13, Matthew Hedberg from RBC Capital maintained a Hold rating on Gen Digital. The company’s shares closed yesterday at $26.83.

Elevate Your Investing Strategy:

• Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

According to TipRanks, Hedberg is a top 100 analyst with an average return of 21.7% and a 69.57% success rate. Hedberg covers the Technology sector, focusing on stocks such as Bentley Systems, Confluent, and Varonis Systems.

Gen Digital has an analyst consensus of Moderate Buy, with a price target consensus of $35.38, implying a 31.87% upside from current levels. In a report released on October 3, Jefferies also initiated coverage with a Hold rating on the stock with a $31.00 price target.

Based on Gen Digital’s latest earnings release for the quarter ending July 4, the company reported a quarterly revenue of $1.26 billion and a net profit of $135 million. In comparison, last year the company earned a revenue of $965 million and had a net profit of $181 million

Based on the recent corporate insider activity of 32 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GEN in relation to earlier this year. Most recently, in August 2025, John Chrystal, a Director at GEN bought 10,000.00 shares for a total of $321,000.00.