Gen Digital Inc
GEN: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$71.00 | Vnln | Nzfbngp |
Gen Digital Reports Another Quarter In Line With Our Estimates; Maintain FVE; Shares Fairly Valued
We are maintaining our $24 fair value estimate for Gen Digital after the firm reported third-quarter financial results largely in line with our forecasts. While we maintain our no-moat rating for Gen, primarily due to the commodification of consumer-facing cybersecurity, we see potential growth and margin expansion opportunities as the firm seeks to extract synergies from its recent acquisition of Avast.