Gen Digital Inc (GENVR) Price

The P/E ratio of Gen Digital Inc is 27.6614

Mr. Vincent Pilette is the President of Gen Digital Inc, joining the firm since 2019.

The current price of GENVR is $7.64, it has decreased 0% in the last trading day.

Gen Digital Inc belongs to Technology industry and the sector is Information Technology

Gen Digital Inc's current market cap is $4.7B

According to wall street analysts, 14 analysts have made analyst ratings for Gen Digital Inc, including 3 strong buy, 7 buy, 6 hold, 0 sell, and 3 strong sell

Looks like you're trying to catch a falling knife, fren. Gen Digital is getting a little boost from some positive AI-related news, but the chart tells a different story. The stock is currently in a technical downtrend and testing a critical long-term support level.

GEN's recent price action is a classic battle between a positive fundamental catalyst and a bearish technical setup. Here’s the breakdown:

• The Bullish Catalyst: The main driver for any positive sentiment is the news from September 17th that Norton (one of GEN's brands) is partnering with Intel. They're rolling out advanced deepfake and scam protection on new Intel Core Ultra processors. In a market obsessed with AI plays, a partnership like this is a solid fundamental win and likely the reason the stock isn't falling further.

• The Bearish Reality Check (Technicals): The chart isn't as optimistic.

  • Key Support Test: GEN is trading at $28.73, which is sitting right on its 200-day moving average ($28.35). This is a make-or-break level for traders. A bounce here could signal a bottom, but a break below could trigger more selling.
  • Downtrend Confirmed: The price is currently below its 50-day moving average ($30.09), confirming the short-to-medium term trend is down.
  • Weak Momentum: The daily RSI is at a weak 36.24, heading towards oversold but not there yet. The MACD is also negative, showing persistent bearish momentum over the past week.

• Sentiment & Socials:

  • Analyst Outlook: Wall Street analysts remain bullish. The consensus is a "BUY" with a mean price target of $35.41, suggesting a potential 23% upside from the current price.
  • Insider Moves: It's worth noting that several congressional members, including Ro Khanna, were reported selling shares earlier in the year. While this is old news, it shows not everyone has been diamond-handing.
  • Social Vibe: Social sentiment was negative last week, which aligns with the recent price decline.

The play here is to watch the 200-day MA at ~$28.35. If it holds and the stock reclaims the $29 level with volume, the Intel news might have enough juice for a recovery. If it breaks, you might want to wait for a better entry.

Don't just follow headlines, bro. Set alerts for key levels on Edgen Radar and trade what you see, not what you hope for.