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Gen Digital Inc. — Intrinsic Value & Fair Price

GEN
NASDAQTechnologySoftware - InfrastructureCIK 0000849399gendigital.comAbout GEN
Last close · Oct 16, 202624.16−0.66 (−2.66%)
Market cap$14.5B
Model value · DCF · Perpetuity growth · 5y
55.96
Gen Digital closed at $24.16 — undervalued by 57% vs model.
33.50the model's range132.73

DCF · Perpetuity growth · 5y leads for dividend payer — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
7.75 – 82.75
Wall St. target
—
Below model, 1y
20 of 20 days

Price and model value

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What the marks mean
Daily close

Dividends

Quarterly · as of Oct 16, 2026
Yield, trailing 12 months
2.07%
Past 2 years
low 1.55%high 2.79%
Dividends per share, a year at a time
$0.50Aug ’21$0.50Aug ’22$0.50Aug ’23$0.50Aug ’24$0.50Aug ’25$0.50TTM
Dividends / free cash flow, FY2026
20.5%
Raised
—
Growth, 5 yrs
0.0% a year
Last change
−99.0% · Feb 2020
Every payment, with ex-dates · latest $0.125, paid Sep 9, 2026

Research on GEN

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How it is valued

Valued asDividend Payer
Moderate growth (~15% recent)Moderate margins (19% net margin)Pays dividendsHighly cyclical earningsHigh leverage (D/E 3.1x)Strong FCF yield (10.5%)
What growth the price implies: the reverse DCF

Key figures

FY2026
P/E
15.4×
EV / EBITDA
15.5×
FCF yield
10.3%
Dividend yield, TTM
2.07%
Beta
1.26
Cost of capital (WACC)
7.96%
Full financials

Superinvestors

13F

None of the tracked managers reported a position in their latest 13F.

All 0 holders

Analyst actions

third-party, quoted
10-12RBC Capital · target24.00
09-25RBC Capital · target26.00
08-07RBC Capital · target30.00
06-07Morgan Stanley · “Equal Weight” from “Overweight”downgrade
Ratings, targets and estimates

Comparable companies

by business, not by industry label
1 more company lists GEN as a comparable

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just GEN. No account.

About Gen Digital

Gen 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. Furthermore, Gen Digital provides Avira Security, another robust portfolio of cybersecurity and privacy tools tailored for consumers. Additional products include Dark Web Monitoring, which continuously scans illicit online spaces for the personal information of Norton 360 subscribers. Its Social Media Monitoring tool enhances the security of social profiles by watching for account takeovers, suspicious activity, and unsuitable content. AntiTrack is designed to preserve digital privacy by blocking online trackers and obscuring users' unique digital fingerprints. An Online Reputation Management service also aids in controlling personal search results, managing digital branding, and maintaining privacy. The company distributes and sells its offerings through a diverse network, including traditional retailers, telecommunications companies, hardware manufacturers (OEMs), employee benefit programs, and its own e-commerce platform. Founded in 1982 and headquartered in Tempe, Arizona, the company adopted its current name, Gen Digital Inc., in November 2022, having previously operated as NortonLifeLock Inc.

CEO
Vincent Pilette
Headquarters
Tempe, AZ
Employees
3,900
IPO
1989-06-23
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.