Gen Digital Inc (GEN) Stock AnalysisGENGen Digital Inc

Gen Digital Inc. is a global company. The Company offers consumer brands including Norton, Avast, LifeLock and MoneyLion, among others. It operates through two segments: Cyber Safety Platform and Trust-Based Solutions. Cyber Safety Platform includes its security, comprehensive suites, and privacy products, which deliver technology solutions and threat protection to help people navigate the digital world, securely and privately. Trust-Based Solutions includes its identity, reputation, and financial wellness products, which provide solutions and insights that allow consumers to manage their identity, reputation and finances. Its cyber safety portfolio provides protection across three categories, which includes security and performance, identity protection, and online privacy. Its security and performance provides real-time threat protection for PCs, Macs and mobile devices against malware, viruses, adware, ransomware and other emerging online threats. It operates in the Technology sector (SERVICES-PREPACKAGED SOFTWARE industry).

Gen Digital Inc is currently a hold. The stock is trading at $23.25, which is below the average analyst price target of $30, indicating potential upside. However, the RSI is at 51.056, suggesting the stock is neither overbought nor oversold, and the recent 20-day change shows a decline of 23.17%, indicating weakness in the short term. The main risk is the recent downgrade from RBC Capital, which reflects concerns over the company's acquisition strategy and leverage levels.

5 analysts cover GEN: 1 rate it Buy, 3 Hold and 1 Sell. The average price target is 33.00.