RBC cuts target for Gen Digital stock to USD 24.00

Published on 10/15/2026 at 22:14 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2027 second-quarter results are due October 28, 2026, after market close. Gen Digital stock costs EUR 22.03 on October 15, 2026.

Analyst target and earnings date

Royal Bank of Canada set a USD 24.00 target for Gen Digital on October 12, 2026.
Gen Digital will release fiscal 2027 second-quarter results on October 28, 2026.
Gen Digital stock traded at EUR 22.03 at 10:12 p.m. CEST at Lang & Schwarz on October 15, 2026.
Gen Digital had a USD 14.9 billion market capitalization as of October 15, 2026.

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Royal Bank of Canada lowered its Gen Digital price target from USD 26.00 to USD 24.00 on October 12, 2026, while retaining a Sector Perform rating, according to MarketBeat. At the USD 24.82 Nasdaq price on October 15, 2026, the target sat 3.30 percent below the stock price. Gen Digital was trading at EUR 22.03 at Lang & Schwarz on October 15, 2026 at 10:12 p.m. CEST.

Target cut leaves little room

The RBC revision puts the analyst view close to the US market price rather than pointing to a wide valuation gap. MarketBeat reported that the firm kept its Sector Perform rating, making the USD 24.00 target the central dated analyst reference for the stock.

Fiscal results arrive October 28

Gen Digital said its fiscal 2027 second-quarter results will be released after market close on October 28, 2026. The company will hold its earnings call at 5:00 p.m. ET, according to Morningstar. That date gives investors a defined checkpoint for the next reported period.

Price position and valuation

Gen Digital's US price stood above its 52-week low of USD 17.78 and below its 52-week high of USD 31.65 on October 15, 2026. Its market capitalization was USD 14.9 billion and its trailing P/E ratio was 14.43 on the same date. The company operates in Technology and Software - Infrastructure, with cybersecurity, identity protection and privacy products sold under brands including Norton, Avast and LifeLock.

Gen Digital's investor-relations page lists FY26 revenue of USD 5.0 billion, FY26 non-GAAP earnings per share of USD 2.56 and 500 million total customers. The company also lists 79 million paid customers and operations in more than 150 countries, according to Gen Digital.

Trading perspective

The analyst target, the upcoming results date and the current valuation create three separate reference points for the next update. The earnings release will provide the next reported test of revenue growth, profitability and fiscal 2027 expectations.

Gen Digital was trading at EUR 22.03 at Lang & Schwarz on October 15, 2026 at 10:12 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Gen Digital stock.