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Gen Reports Strong Q3 FY26 Results and Raises FY26 Guidance
Prnewswire· 2026-02-05 21:05
TEMPE, Ariz. and PRAGUE, Feb. 5, 2026 /PRNewswire/ -- Gen Digital Inc. (NASDAQ: GEN), a global leader dedicated to powering Digital Freedom, released its results for its third quarter fiscal year 2026, which ended January 2, 2026. Continue Reading Gen Reports Strong Q3 FY26 Results and Raises FY26 Guidance "As AI transforms digital life and the threat landscape, consumers need protection and guidance they can trust," said Vincent Pilette, CEO of Gen. "Our Q3 results confirm that Gen's platform strategy is r ...
Gen and Equifax Expand Partnership to Deliver Comprehensive Solutions for Consumers' Financial Lives
Prnewswire· 2026-02-04 21:05
Gen and Equifax Expand Partnership to Deliver Comprehensive Solutions for Consumers' Financial Lives [Accessibility Statement] Skip Navigation--(PRNewsfoto/Gen Digital Inc.)EquifaxGen to leverage Equifax differentiated data to enhance its AI-powered portfolio; Equifax to leverage the power of Engine by Gen to provide personalized recommendations to myEquifax customersNEW YORK and ATLANTA, Feb. 4, 2026 /PRNewswire/ -- [Gen Digital](NASDAQ: GEN) and [Equifax]® (NYSE: EFX) today announced an expanded partnersh ...
Gen Launches Agent Trust Hub for Safer Agentic Era
Prnewswire· 2026-02-04 14:00
Core Insights - Gen has launched the Gen Agent Trust Hub, a security platform aimed at ensuring safer adoption of autonomous AI agents like OpenClaw, which is crucial in the emerging AI Agentic Era [1][2][3] Company Overview - Gen is a global leader in digital security, operating trusted brands such as Norton, Avast, LifeLock, and MoneyLion, and is focused on empowering users with financial and cyber safety [1][7] Security Landscape - Gen Threat Labs has identified over 18,000 instances of OpenClaw exposed to the internet, with nearly 15% of the skills containing malicious instructions, indicating significant security vulnerabilities [3][4] - The shift in the threat landscape suggests that security failures are evolving from isolated incidents to persistent insider threats posed by trusted AI assistants [4] Gen Agent Trust Hub Features - The Gen Agent Trust Hub provides free safety tools for users of AI agents, including: - **Gen AI Skills Scanner**: A diagnostic tool that scans OpenClaw skill URLs for hidden logic, unauthorized data access, and malicious behavior [7] - **AI Skills Marketplace**: A curated repository of agent skills that are rigorously audited for security, offering a trusted alternative to public skill repositories [7] Future Outlook - The launch of OpenClaw marks the beginning of a new era of autonomous agents, with Gen committed to ensuring user safety as these technologies evolve [6]
Avast Expands Scam Guardian Globally and Launches Deepfake Guard
Prnewswire· 2026-02-03 06:00
TEMPE, Ariz. and PRAGUE, Feb. 3, 2026 /PRNewswire/ -- Avast, a leader in digital security and privacy and part of Gen (NASDAQ: GEN), today announced the full international availability of Avast Scam Guardian and Scam Guardian Pro on mobile devices, alongside the launch of Avast Deepfake Guard on Windows PCs, a new AI-powered feature designed to proactively analyze and detect malicious audio in video content. Together, these launches mark a significant expansion of the Avast scam protection ecosystem – exten ...
Gen Digital Stock Outlook: Is Wall Street Bullish or Bearish?
Yahoo Finance· 2026-02-02 13:04
Headquartered in Tempe, Arizona, Gen Digital Inc. (GEN) is a global consumer cyber-safety heavyweight. With a market cap near $14.8 billion, it delivers cybersecurity, identity protection, and privacy tools through well-known brands including Norton, Avast, LifeLock, Avira, AVG, CCleaner, and MoneyLion. Over the past 52 weeks, Gen Digital’s shares declined nearly 14%, clearly lagging the S&P 500 Index ($SPX), which advanced 14.3% over the same span. The underperformance has extended into 2026, with the s ...
Made For You: Norton Study Reveals 77% Would Date an AI
Prnewswire· 2026-01-27 14:00
Core Insights - The concept of dating artificial intelligence (AI) is becoming mainstream, with 77% of online daters open to the idea and 59% believing in the possibility of developing romantic feelings for AI [1][6] - A significant loneliness epidemic is driving this trend, with 81% of people reporting feelings of loneliness, particularly among Gen Z and Millennials, where the figure rises to 89% [2][4] - Emotional isolation is leading individuals to seek deeper connections with technology, which presents new emotional and financial vulnerabilities that scammers are exploiting [2][7] Emotional Support and AI - Many online daters are turning to AI for emotional support, with 70% indicating they would use an AI chatbot for therapy after a heartbreak, and 78% trusting AI relationship coaches more than human friends or family for advice [4][6] - One in five respondents would talk to an AI chatbot to cope with a rough day, and 38% trust AI for emotionally safe or ethical dating advice [5][6] Vulnerabilities and Scams - As emotional bonds with AI deepen, vulnerabilities increase, with 44% of online daters reporting they have been targeted by dating scams, and 74% of those targeted falling victim [7][8] - More than half of those targeted have been pressured to send money, and 61% have been contacted by someone impersonating a celebrity or public figure [7] - Among those targeted, 53% shared personal information, and 38% sent money [7] AI and Digital Trust - The 2026 Norton Insights Report highlights the tension between the comfort provided by AI and the risks of emotional manipulation and fraud [8] - Norton offers tools like AI-powered scam detection and advanced security features to help protect online daters from scams and safeguard personal information [9]
Gen Digital: Moving Beyond Antivirus To Capture The Fintech Wallet
Seeking Alpha· 2026-01-05 21:19
Core Viewpoint - Gen Digital Inc. (GEN) is rated as a buy due to potential for margin expansion and earnings growth trajectory, which are seen as key value drivers [1]. Group 1: Company Analysis - The market is currently pricing Gen Digital Inc. in a manner that does not reflect its growth potential [1]. - The company has a strong focus on financial modeling, valuation, and qualitative analysis, indicating a robust analytical framework [1]. Group 2: Analyst Background - The analyst has a Master's in Banking & Finance from Université Paris 1 Panthéon-Sorbonne and a diverse investing background that includes corporate finance, M&A, and investment analysis [1]. - The analyst specializes in sectors such as real estate, renewable energy, and equity markets, showcasing a broad industry knowledge [1].
Gen Digital Quarterly Earnings Preview: What You Need to Know
Yahoo Finance· 2026-01-02 10:24
Company Overview - Gen Digital Inc. (GEN) is valued at $16.7 billion and operates as a global consumer cybersecurity company, providing subscription-based digital safety, privacy, and identity protection solutions through brands like Norton, Avast, AVG, Avira, LifeLock, and CCleaner [1] Earnings Expectations - Analysts anticipate that GEN will report a profit of $0.57 per share on a diluted basis for the fiscal third quarter, reflecting a 9.6% increase from $0.52 per share in the same quarter last year [2] - For the current fiscal year, EPS is expected to be $2.30, marking a 14.4% increase from $2.01 in fiscal 2025, with further growth projected to $2.66 in fiscal 2027, a 15.7% year-over-year rise [3] Stock Performance - GEN shares have seen a marginal decline over the past year, underperforming the S&P 500 Index, which gained 16.4%, and the Technology Select Sector SPDR Fund, which rose by 22.8% during the same period [4] Market Position and Challenges - The company has faced challenges due to investor concerns regarding growth and market positioning, despite generating steady recurring revenue and meeting or slightly exceeding earnings expectations [5] - Competitive pressures in the consumer cybersecurity space, including free security features from major platforms, have limited multiple expansions, while diversification efforts and integration of acquired businesses have introduced execution risks [5] Analyst Sentiment - The consensus opinion among analysts on GEN stock is moderately bullish, with a "Moderate Buy" rating overall; four analysts recommend a "Strong Buy," while five suggest a "Hold" [6] - The average analyst price target for GEN is $34.38, indicating a potential upside of 26.4% from current levels [6]
Gen Digital CEO on rising role of AI in data breaches
Youtube· 2025-12-18 12:54
Consumer Impact - Cyber breaches and hacks are projected to cost consumers approximately 15 billion dollars in 2023, highlighting significant financial implications for individuals [1] - The rise of AI is expected to blur the lines between reality and fake, necessitating human verification for consumers to navigate the digital landscape [2] - A total of 140,000 AI-powered fake e-commerce websites have been blocked, indicating a growing threat to consumer financial security [2] Enterprise Challenges - Major enterprises, including Amazon and Capital One, are facing an increase in cyber attacks that are becoming more sophisticated and systematic, particularly in relation to AI and supply chain vulnerabilities [4] - The common risk factor for both consumers and enterprises is identity, which is increasingly targeted by attackers using AI to create personalized attacks [5] Cybersecurity Trends - Platformization is a notable trend among cybersecurity companies, as they seek to combine various services to address the dynamic threat landscape [6] - Companies are diversifying their vendors and solutions to mitigate risks associated with service outages, as seen with recent incidents involving Crowdstrike and AWS [7] Risk Management - The biggest risk for consumers stems from data breaches within enterprise environments, which can lead to the theft of personal data and the creation of fake identities by bad actors [11] - Companies are leveraging AI to predict risks and manage digital footprints, while also offering insurance and restoration services in the event of a breach [13][14]
Is Gen Digital Stock Underperforming the Nasdaq?
Yahoo Finance· 2025-12-17 13:24
Core Insights - Gen Digital Inc. is a leading player in consumer cyber protection, offering software solutions under brands like Norton, Avast, LifeLock, and MoneyLion, focusing on cybersecurity, digital privacy, identity protection, and financial health [1] - The company is headquartered in Tempe, Arizona, and has a market capitalization of $16.95 billion, categorizing it as a large-cap stock [2] Stock Performance - Gen Digital's shares reached a 52-week high of $32.22 on August 13 but have since declined by 15%, with a 4.3% drop over the past three months, while the Nasdaq Composite index gained 3.5% in the same period [3] - Over the past 52 weeks, Gen Digital's stock has decreased by 7.9%, and by 8.8% over the past six months, contrasting with the Nasdaq Composite's gains of 14.6% and 17.3% respectively [4] - The stock has been trading below its 200-day moving average since early October but above its 50-day moving average since early December [4] Financial Performance - For the second quarter of fiscal 2026, Gen Digital reported a 25.3% year-over-year increase in net revenues to $1.22 billion, exceeding Wall Street's expectation of $1.19 billion [5] - The company also recorded $1.22 billion in bookings, up 26.8% year-over-year, and had 77 million paid customers as of October 3 [5] - Non-GAAP EPS increased by 14.8% year-over-year to $0.62, surpassing the analysts' estimate of $0.61 [5] Guidance and Comparisons - Gen Digital raised its fiscal 2026 revenue guidance from a range of $4.80 billion-$4.90 billion to $4.92 billion-$4.97 billion, and its EPS guidance from $2.49-$2.56 to $2.51-$2.56 [6] - Following the earnings report, the stock gained 1.3% intraday on November 7 [6] - In comparison, Zscaler, Inc. has gained 13.9% over the past 52 weeks but has declined by 23.7% over the past six months, indicating that Gen Digital has outperformed Zscaler in the latter timeframe [6]