Gen Digital Targets Strong Q3 After 25% Revenue Growth

Wall Street Sets Mixed Expectations with $36 and $29 Targets

Wall Street analysts issued diverging outlooks for Gen Digital Inc. (NASDAQ:GEN) in mid-January, setting a complex stage for its upcoming fiscal third-quarter 2026 earnings report scheduled for February 5. On January 13, UBS reiterated a 'Buy' rating for the cybersecurity company, holding firm with a $36 price target. Just three days later, on January 16, RBC Capital's Matthew Hedberg maintained a more cautious 'Hold' rating on the stock, accompanied by a $29 price target.

Company Guides Up to $1.24B in Q3 After Strong Q2

The split analyst ratings come as Gen Digital demonstrates consistent financial strength. The company's management issued guidance for its fiscal third quarter, projecting revenue in a tight range of $1.22 billion to $1.24 billion. Expected earnings per share (EPS) are forecast between $0.62 and $0.64. This optimistic outlook is built on a strong fiscal second quarter, where revenue climbed 25.26% year-over-year to $1.22 billion, surpassing consensus estimates by $23.86 million. The reported EPS of $0.62 also marked the eighth consecutive quarter that EPS growth surpassed the company’s stated target of 12% to 15%.