RBC cuts Gen Digital target to USD 24.00 for Gen Digital stock

Published on 10/20/2026 at 21:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue reached USD 1.34 billion in the first quarter of 2027. Gen Digital stock costs EUR 21.43 on October 20, 2026, and RBC's target is USD 24.00.

Analyst target and results

Royal Bank of Canada cut its Gen Digital target from USD 26.00 to USD 24.00 on October 12, 2026.
Fiscal 2027 first-quarter revenue reached USD 1.34 billion, while operating profit was USD 443.00 million.
Gen Digital stock costs EUR 21.43 at Lang & Schwarz on October 20, 2026 at 9:06 p.m. CEST.
Gen Digital plans to release fiscal 2027 second-quarter results on October 28, 2026.

GEN, US6687711084, Illustration mit AI erstellt.

Gen Digital (ISIN US6687711084) faces a USD 24.00 price target after Royal Bank of Canada cut its view from USD 26.00 on October 12, 2026, according to MarketBeat. The target is 0.08 percent below Gen Digital's USD 24.02 Nasdaq price at 3:09 p.m. ET on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 21.43 on October 20, 2026 at 9:06 p.m. CEST.

Revenue reached USD 1.34 billion

Gen Digital's fiscal 2027 first-quarter revenue reached USD 1.34 billion for the period ended July 3, 2026, according to Benzinga. The company said adjusted revenue grew 11 percent year over year, while adjusted earnings per share rose 19 percent. Paid customers reached 81 million, up from 76 million a year earlier.

GAAP revenue was USD 1.34 billion, net income attributable to common shareholders was USD 215.00 million, and operating profit was USD 443.00 million in the quarter. Operating cash flow reached USD 434.00 million, giving the results a concrete cash-generation angle alongside the analyst target.

Stock sits inside its yearly range

Gen Digital's Nasdaq price of USD 24.02 on October 20, 2026 stood between its USD 17.78 52-week low and USD 31.65 52-week high. The market capitalization was USD 14.4 billion, while the price-to-earnings ratio was 13.96. The figures place the current valuation below the year's upper boundary without turning that distance into a forecast.

Results date is October 28

Gen Digital announced on October 9, 2026 that it will release fiscal 2027 second-quarter results after the market close on October 28, 2026. The company will hold its earnings call at 5:00 p.m. ET, according to Gen Digital. The next report will test whether the 9 percent to 11 percent fiscal 2027 revenue-growth outlook remains supported by the operating trend.

Analyst target and operating trend

The RBC target is close to the Nasdaq price, while Gen Digital's first-quarter operating profit reached USD 443.00 million and operating cash flow reached USD 434.00 million. That combination gives the October report two measurable checkpoints: revenue growth and cash conversion.

Euro quote after hours

The stock was trading at EUR 21.43 at Lang & Schwarz on October 20, 2026 at 9:06 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Gen stock.