15 hours ago 1

Barclays Raises Gen Digital (GEN) Price Target After Strong Earnings Growth

Fri, Aug 15, 2025, 12:05 PM 1 min read

Gen Digital Inc. (NASDAQ:GEN) is one of the most undervalued cybersecurity stocks to buy now. On August 8, Barclays maintained its Equal Weight rating on Gen Digital Inc. (NASDAQ:GEN), while increasing its price target from $32 to $33. The stock was trading at $31.84 as of August 14, after climbing over 10% since its earnings on August 7. The jump leaves an upside of 3.6% according to Barclays.

Gen Digital posted revenue of $1.26 billion, a 30.5% increase, which was mostly as a result of the acquisition of MoneyLion. That said, the company beat analyst estimates of $1.19 billion. The company reported an EPS of $0.64 per share beating estimates of $0.60 per share.

Gen Digital Inc. (NASDAQ:GEN), a leader in consumer cybersecurity, owning brands like Norton, LifeLock and Avast, completed the acquisition of MoneyLion, a digital finance company in April for $1 billion. The acquisition helps Gen Digital access offer tools like credit building and financial management. MoneyLion’s financial tools include sensitive information like personal identifiers, banking data, and credit scores. That is where Gen Digital’s identity theft protection services can add value.

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