Gen Digital stock falls 3.88 percent after strong Q1 growth
Published on 09/24/2026 at 08:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Gen Digital stock fell 3.88 percent to USD 26.23 on Nasdaq on September 23, 2026, versus a prior close of USD 27.29. The move came after the cybersecurity company reported Q1 fiscal 2027 adjusted revenue of USD 1.34 billion, up 11 percent year over year, according to Barchart.
Revenue growth meets higher guidance
The Q1 report also showed adjusted EPS of USD 0.71, an increase of 19 percent from the prior year. Adjusted operating income reached USD 668 million, up 9 percent, while free cash flow totaled USD 430 million, according to Barchart.
Gen raised its fiscal 2027 revenue guidance to USD 5.38 billion to USD 5.48 billion and its adjusted EPS guidance to USD 2.87 to USD 2.97. The range places the latest quarterly performance against a full-year target, making recurring subscription growth the key operating measure.
Hold rating contrasts with growth
MarketBeat reported a consensus Hold rating and an average price target of USD 31.60 after Gen exceeded quarterly expectations. Its report cited adjusted EPS of USD 0.71 against a USD 0.69 consensus and revenue of USD 1.34 billion against a USD 1.31 billion estimate, creating a USD 0.02 EPS beat and a USD 30 million revenue beat.
The contrast is clear: operating figures improved while the latest quote remained USD 5.37 below the consensus target. Gen's investor relations page lists FY26 revenue of USD 5.0 billion, 500 million total customers and 79 million paid customers, adding scale to the subscription model.
Stock stays below its yearly high
Gen Digital stood at USD 26.23 on Nasdaq on September 23, 2026, after trading between USD 17.78 and USD 31.65 over the previous 52 weeks. The USD 15.70 billion market capitalization and the 3.88 percent daily decline show that valuation and near-term sentiment remain separate from the latest operating growth.
Gen Digital stock facts
- Company: Gen Digital Inc.
- Ticker: GEN
- Trading venue: Nasdaq
- Price (September 23, 2026): USD 26.23
- Market capitalization: USD 15,700,676,415 as of September 23, 2026
- 52-week range: USD 17.78-31.65 as of September 23, 2026
- Sector / Industry: Technology / Software - Infrastructure
