Gen Digital: RBC Capital raises PT to $33 from $32, maintains Sector Perform

Gen Digital: RBC Capital raises PT to $33 from $32, maintains Sector Perform

RBC Capital has increased its price target for Gen Digital Inc. (NASDAQ: GEN) to $33.00 from $32.00, while maintaining a Sector Perform rating on the stock. This adjustment follows the company's strong performance in the second quarter of 2025, as reported in recent earnings news [2].

Gen Digital reported first-quarter EPS of $0.64, beating the analyst estimate by $0.04 [3]. The company's revenue for the quarter came in at $1.26 billion, surpassing the consensus estimate of $1.19 billion. The company's guidance for the second quarter of 2026 indicates a range of $1.18 billion to $1.21 billion in revenue and an EPS of $0.60 to $0.62, both above the analyst consensus [3].

The stock price of Gen Digital closed at $28.29 on July 02, 2025, representing a decline of -2.14% over the last three months but an increase of 14.35% over the last 12 months [3]. According to InvestingPro, Gen Digital's financial health score is "good performance" [3].

RBC Capital's revised price target and sector rating reflect the company's robust financial performance and positive outlook. The firm's analysis highlights the company's strong revenue growth and positive earnings surprises, indicating a promising future for Gen Digital [2, 3].

References:
[1] https://www.investing.com/news/analyst-ratings/dutch-bros-stock-price-target-raised-to-85-from-83-at-rbc-capital-93CH-4177648
[2] https://www.ainvest.com/news/gen-digital-shares-rise-2-02-hours-q2-revenue-range-announcement-2508/
[3] https://au.investing.com/news/earnings/gen-digital-earnings-beat-by-004-revenue-topped-estimates-3966829