Gen Digital Inc

GEN: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$38.00	Mjgd	Pgrlljsl

Gen Digital Closes Out Q2 Fiscal 2023 With Results in Line With Our Estimates; Shares Fairly Valued

Malik Ahmed Khan

Nov 9, 2022

We are maintaining our $24 fair value estimate for Gen Digital (formerly NortonLifeLock) after the firm reported fiscal second-quarter results broadly in line with our estimates. While we maintain our no-moat rating for Gen, primarily due to the competitive dynamics within the consumer-facing cybersecurity space, we see potential growth opportunities for the firm via international expansion and increased utilization of partner channels.

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