Gen Digital (NasdaqGS:GEN) Q3 2026 Earnings call February 05, 2026 05:00 PM ET Company ParticipantsJason Starr - Head of Investor RelationsMeta Marshall - Managing DirectorNatalie Derse - CFORobert Coolbrith - VP of Internet Equity ResearchRoger Boyd - Executive DirectorSaket Kalia - Managing DirectorVincent Pilette - CEOConference Call ParticipantsJoseph Gallo - SVP and Software Research AnalystMatt Hedberg - Managing Director and Software Research AnalystOperatorGood afternoon, everyone. Thank you for sta ...

Gen Digital (NasdaqGS:GEN) Q3 2026 Earnings call February 05, 2026 05:00 PM ET Speaker5Good afternoon, everyone. Thank you for standing by. My name is Tamia, and I will be your conference operator today. Today's call is being recorded, and all lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. At this time, for opening remarks, I would like to pass the call over to Jason Starr, Head of Investor Relations.Speaker0Thank you ...

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 [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 ...

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]

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 ...

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]

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]

Summary of Gen Digital FY Conference Call Company Overview - **Company**: Gen Digital (NasdaqGS:GEN) - **Industry**: Cybersecurity and Financial Wellness - **Key Brands**: Norton, Avast, LifeLock, Moneyline Core Points and Arguments 1. **Business Model and Customer Base**: Gen Digital is a leader in cybersafety with approximately 77 million paid customers and 200 million active users on its platform, protecting 500 million endpoints [11][12][14] 2. **Strategic Shift**: The company is transitioning from a focus solely on cybersafety to include financial wellness, addressing the needs of consumers who want to protect and improve their financial positions [13][14] 3. **Market Insights**: About two-thirds of U.S. consumers live paycheck to paycheck, and half of financial products are purchased outside their primary bank, indicating a significant market opportunity for embedded financial wellness solutions [13][14] 4. **Acquisition of Moneyline**: The acquisition of Moneyline, which has seen nearly 50% growth in the first half post-acquisition, is a strategic move to enhance Gen's offerings in financial wellness [19][20][26] 5. **Financial Performance**: In Q2, Gen Digital reported a 25%-27% growth in bookings and revenue, with strong margins and eight consecutive quarters of double-digit EPS growth [19][20][54] 6. **Future Growth Projections**: The company expects to maintain a 30% growth rate for Moneyline, leveraging its existing customer base to drive further growth [41][54] Additional Important Insights 1. **Integration of Services**: Gen Digital is integrating financial wellness into its existing cybersecurity services, creating a comprehensive platform that addresses both security and financial needs [34][43] 2. **Marketplace Growth**: The Engine, a marketplace for financial products, has been growing over 50% for three consecutive quarters, indicating strong demand for integrated financial solutions [26][27] 3. **Customer Engagement**: The company is focused on enhancing customer experience through AI-driven insights and personalized offerings, which are expected to drive higher engagement and retention [44][45] 4. **Cost Synergies**: Gen Digital has successfully integrated Moneyline, improving its operating margins from 14%-15% to 20%-22% in recent quarters, showcasing effective cost management post-acquisition [62][63] 5. **Revenue Synergies**: The company is exploring cross-selling opportunities within its existing customer base, aiming to enhance overall revenue through bundled offerings [58][61] Conclusion Gen Digital is strategically positioning itself at the intersection of cybersecurity and financial wellness, leveraging its extensive customer base and recent acquisitions to drive growth and enhance shareholder value. The company is optimistic about future performance, with a strong focus on integrating services and improving customer engagement.

Core Insights - Gen has released its 2026 Cybersecurity Predictions, highlighting a future where digital life is increasingly influenced by AI, leading to blurred realities and the need for enhanced verification of identity and trust [1][3]. Group 1: Key Predictions - **The Year Humans Need to Be Verified**: AI will enable the creation of synthetic personas that can clone a person's identity, making human verification essential in daily life [4][5]. - **The AI Feedback Loop Distorts Online Truth**: An AI-driven distortion cycle will flood the internet with inaccurate machine-generated content, necessitating the use of authenticity markers by tech and media organizations [6]. - **The Scam Industry Evolves into Emotional Engineering**: Scams will become more sophisticated, using real-time sentiment analysis to manipulate emotions, requiring individuals to recognize emotional red flags [8]. Group 2: Identity and Trust Issues - **Synthetic Identities Trigger a Collapse in Digital Trust**: AI-generated identity kits will facilitate fraud, making traditional static credentials insufficient for security [10]. - **The Browser Becomes Ground Zero for Deception**: The browser will be the primary target for cybercriminals, with AI-generated threats becoming more prevalent, complicating detection for users [13][14]. Group 3: Consumer Tips - **Verification Practices**: Users are advised to verify sensitive requests through secondary channels and to be cautious of visual or audio discrepancies [5][11]. - **Content Verification**: A "two-source rule" is recommended for verifying important claims, especially in finance and health [7]. - **Emotional Awareness**: Individuals should identify strong emotions triggered by messages to break the illusion created by scammers [9].