Gen Digital raises FY2027 guidance after strong Q2 with 12% revenue growth and 83M customers.

Gen Digital (GEN) reported a strong Q2 FY2027 with revenue up 12% year-over-year to $1.37 billion and 83 million paid customers, beating its previous guidance. The company raised its FY2027 earnings forecast again, trading at 10.1 times projected earnings and offering a 9.8% free cash flow yield. Despite risks from a large debt-funded acquisition and a lawsuit against its MoneyLion app, Gen Digital stated it is not pursuing any transformative deals currently. The stock had recently dropped due to acquisition rumors but remains a Buy based on its financial performance and shareholder returns through buybacks and dividends.

Gen Digital shares trade at USD 30.10 on Pluang as of Nov 11, 2026 12:41 WIB, up 1.01% for the day. The stock's market cap stands at $17.68 billion with a dividend yield of 1.68%. Investors hold shares for an average of 9 days on the platform, reflecting steady interest in this technology sector stock.