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Barchart
Barchart
Rashmi Kumari

FOUND: Do wall street analysts like gen digital stock - What They Never Told You

Gen Digital Gen STREET

Headquartered in Tempe, Arizona, Gen Digital Inc. (GEN) is a leading cybersecurity company. Valued at $15.32 billion by market cap, it provides comprehensive cyber safety solutions for consumers across the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Renowned for its trusted brands, including Norton, Avast, LifeLock, Avira, AVG, ReputationDefender, and CCleaner, Gen Digital offers a wide range of services, from antivirus software to identity theft protection, ensuring robust digital security for individuals and businesses worldwide.

Gen Digital has significantly outperformed the broader market over the last year. The stock has gained 51% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 26.6%. However, in 2024, Gen Digital gained only 7.2%, lagging SPX's 11.3% gains on a YTD basis.

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