Gen Digital Inc. · GEN · FY2025 Q2 · Calendar Q4 2024
Gen Digital: Raised Guidance and AI Expansion Support a Strong Q2
The quarter supports a constructive operating thesis: resilient demand for consumer cyber-safety products, customer growth and AI-enabled cross-sell coincided with raised FY2025 guidance. The thesis still depends on execution in international expansion, attach rates and customer-acquisition efficiency.
Earnings scorecard
Reported versus consensusMarket reaction
event-close to next-session closeAsk FN2 about GEN FY2025 Q2
Transcript, numbers and history already loadedFree account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior quarter, bookings growth accelerated from 4% to 5%, direct paying customers reached a record 39.7 million, Genie AI downloads reached 1.6 million, and FY2025 guidance was raised. Management also highlighted Credit Insights and deeper partner-channel expansion.
Guidance delta
Management raised FY2025 revenue and EPS guidance; EPS is now expected at $2.18-$2.23.
Key takeaways
- Bookings grew 5% year over year, the strongest pace since the Avast acquisition, while EPS rose 16% year over year.
- Direct paying customers increased by 400,000 to a record 39.7 million.
- Genie AI is moving into core products, creating additional cross-sell and monetization opportunities.
- Management emphasized international and mobile expansion, employee-benefits and telco channels, and disciplined capital allocation.
Management priorities
- Integrate Genie AI across Norton 360 tiers and launch Genie Pro.
- Expand Credit Insights and other trust-based financial safety features.
- Accelerate international and mobile market penetration.
- Grow the employee-benefits channel and deepen telco partnerships.
- Continue AI and R&D investment while maintaining disciplined capex.
Follow GEN with an agent that reads every filing, transcript, and price print. Free to start.
Try FN2 freeEarnings History
Analyst 52W Price Targets
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 19, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| RBC Capital | Sector Perform | Sector Perform | Maintain | Oct 12, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Aug 7, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Aug 7, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | May 8, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Sep 2, 2025 |
| Argus Research | Buy | Buy | Maintain | May 28, 2024 |
| B of A Securities | Buy | Underperform | Upgrade | May 11, 2021 |
| Credit Suisse | Neutral | Neutral | Maintain | Feb 4, 2021 |
| Citigroup | Neutral | Neutral | Maintain | Aug 9, 2020 |
| Baird | Outperform | Neutral | Upgrade | Jun 7, 2020 |
| UBS | Buy | Buy | Maintain | May 14, 2020 |
| Stifel | Hold | Hold | Maintain | May 14, 2020 |
| Mizuho | Buy | Buy | Maintain | May 14, 2020 |
| Stifel Nicolaus | Buy | Hold | Upgrade | Nov 29, 2018 |
| Cantor Fitzgerald | Overweight | Overweight | Maintain | Jul 6, 2017 |
| Bank of America | Underperform | Neutral | Downgrade | May 16, 2016 |
| Susquehanna | Neutral | Neutral | Maintain | Jan 26, 2016 |
| Deutsche Bank | Hold | Hold | Maintain | Mar 6, 2015 |
| BMO Capital | Market Perform | Market Perform | Maintain | Nov 12, 2012 |
| ISI Group | Buy | Hold | Upgrade | Aug 9, 2012 |
| Ladenburg Thalmann | Buy | Buy | Maintain | Mar 1, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $24.16. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| RBC Capital | Matthew Hedberg | $24 | $23.47 | -0.7% | Oct 12, 2026 |
| RBC Capital | Analyst unavailable | $26 | $22.72 | +7.6% | Sep 25, 2026 |
| RBC Capital | Matthew Hedberg | $30 | $28.96 | +24.2% | Aug 7, 2026 |
| RBC Capital | Analyst unavailable | $27 | $26.49 | +11.8% | Jul 16, 2026 |
| Barclays | Analyst unavailable | $27 | $20.19 | +11.8% | May 8, 2026 |
| Barclays | Saket Kalia | $32 | $22.43 | +32.5% | Feb 6, 2026 |
| Jefferies | Analyst unavailable | $31 | $28.08 | +28.3% | Oct 3, 2025 |
| Morgan Stanley | Keith Weiss | $32 | $29.5 | +32.5% | Sep 2, 2025 |
| Morgan Stanley | Hamza Fodderwala | $27 | $25.44 | +11.8% | Jun 7, 2024 |
| Argus Research | Joseph Bonner | $29 | $24.89 | +20.0% | May 28, 2024 |
| Barclays | Saket Kalia | $25 | $22.34 | +3.5% | Apr 11, 2024 |
Track every rating change on GEN the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationGen Digital Inc. delivers a wide array of cyber safety solutions for individual users across the globe, with operations spanning the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific region, and Japan. Its flagship offering, Norton 360, is a subscription-based, all-in-one cyber protection platform safeguarding PCs, Macs, and mobile devices from a wide spectrum of online dangers like malware, viruses, ransomware, and adware. The company also offers Norton and LifeLock's identity theft protection, which includes proactive monitoring, timely alerts, and professional restoration assistance should identity fraud occur. To bolster online privacy and security, its Norton Secure VPN creates an encrypted tunnel for data, ensuring anonymity. The Privacy Monitor Assistant provides a specialized service where experts assist users in removing their personal data from online data brokers. Home Title Protect helps safeguard property by detecting potential fraud and alerting homeowners.…
Historical context
All GEN earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| WIT Wipro Limited | FY2027 Q2 · Calendar Q4 2026 | -25.0% | +3.9% | Wipro: AI pipeline expands as Q3 guidance stays narrow |
| TSM Taiwan Semiconductor Manufacturing Company Limited | FY2026 Q3 · Calendar Q4 2026 | +3.4% | -1.8% | TSMC beats Q3 guidance as AI demand drives fab expansion |
| ERIC Telefonaktiebolaget LM Ericsson (publ) | FY2026 Q3 · Calendar Q4 2026 | +28.6% | +11.8% | Ericsson Q3: 7% organic growth, resilient margins and AI-led demand |
Latest beats and misses
Who reports nextBeat on EPS
Missed on EPS
Get the GEN recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-11-10T18:38:36.707185+00:00
- Polygon adjusted daily market bars · 2026-10-19T05:30:42.373152+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-19T05:30:42.370321+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-19. For educational purposes only; not investment advice.