Gen Digital stock weighs a raised fiscal 2027 outlook

Published on 10/04/2026 at 13:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Gen Digital stock is tied to a 9%-11% fiscal 2027 revenue outlook issued September 28, 2026. Q1 revenue reached USD 1.34 billion and adjusted EPS was USD 0.71.

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Gen Digital stock (ISIN US6687711084) closed at USD 21.99 on Nasdaq on October 2, 2026, down 1.17 percent from the prior close. The key company event is a September 28, 2026 update that raised fiscal 2027 revenue growth guidance to 9%-11%.

Guidance moves higher

According to SEC, Gen Digital said on September 28, 2026 that its fiscal 2027 outlook now calls for 9%-11% revenue growth and mid-to-high-teens non-GAAP EPS growth. Management also said the quarter ending October 2, 2026 and the full-year outlook were tracking toward the higher end of guidance.

The update matters because it combines a faster growth profile with a disciplined acquisition framework. Gen Digital said acquisition decisions would be weighed against strategic fit, efficiency, accretion and the alternative of buying back shares, while maintaining its balance sheet.

Q1 revenue reaches USD 1.34 billion

The latest reported quarter provides the operating baseline. MarketBeat reported on September 29, 2026 that Gen Digital generated USD 1.34 billion of revenue in Q1 fiscal 2027, up 6.3 percent year over year. Adjusted EPS was USD 0.71, compared with the USD 0.69 consensus estimate, while revenue exceeded the USD 1.31 billion consensus estimate.

That comparison gives investors a concrete test for the higher full-year outlook: execution must continue beyond one quarterly beat. The company also reported USD 434.0 million in operating cash flow for Q1 fiscal 2027, according to the latest quarterly financial data.

Consensus target stays above price

Stock Analysis lists a Buy consensus from 10 analysts and an average 12-month price target of USD 32.56. That target is 48.07 percent above the October 2, 2026 Nasdaq closing price of USD 21.99, making the forecast dependent on both the guidance uplift and sustained earnings delivery.

GEN stock remains below its yearly high

Gen Digital stock closed at USD 21.99 on Nasdaq on October 2, 2026, with a 52-week range of USD 17.78 to USD 31.65. Market capitalization was USD 13.2 billion and volume reached 12,135,483 shares on that session.