NortonLifeLock achieved our target price after it reported a strong fourth quarter of 2021 and managed to beat the analyst estimates with better-than-expected results. This outperformance was primarily driven by impressive customer growth with the company adding 2 million new customers in Q4 alone. In addition, the company also approved a share repurchase program of $1.5 billion. NortonLifeLock is expected to benefit from consolidation in its core markets, international expansion, and upselling ....
05 Jun 2021
NortonLifeLock Invt Thesis, Financial & Price Forecasts, DCF Valuation
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
NortonLifeLock Invt Thesis, Financial & Price Forecasts, DCF Valuation
- Published:
05 Jun 2021 -
Author:
Ishan Majumdar -
Pages:
14
NortonLifeLock achieved our target price after it reported a strong fourth quarter of 2021 and managed to beat the analyst estimates with better-than-expected results. This outperformance was primarily driven by impressive customer growth with the company adding 2 million new customers in Q4 alone. In addition, the company also approved a share repurchase program of $1.5 billion. NortonLifeLock is expected to benefit from consolidation in its core markets, international expansion, and upselling ....