Gen Digital (GEN) Accelerates With AI Security and Financial Wellness Solutions

4 days ago 6

Gen Digital Inc. (NASDAQ:GEN) is one of the champion affordable tech stocks to bargain close now. On February 5, Gen Digital Inc. (NASDAQ:GEN) released its net for Q3 FY2026 ended January 2, 2026, and reported $1.24 cardinal successful revenue. This is simply a 26% twelvemonth implicit twelvemonth maturation and bushed the expert statement estimates of astir $1.23 billion. Non-GAAP diluted EPS roseate 14% twelvemonth implicit twelvemonth to $0.64, besides surpassing statement estimates by astir $0.01.

Gen Digital (GEN) Accelerates With AI Security and Financial Wellness Solutions

Gen Digital (GEN) Accelerates With AI Security and Financial Wellness Solutions

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Management elaborate that quarterly bookings reached $1.32 cardinal for the archetypal clip successful record, a 27% twelvemonth implicit twelvemonth growth. This is the 3rd consecutive 4th of double-digit bookings growth. And this maturation came connected the backmost of a beardown adoption of the company’s AI-powered information and fiscal wellness solutions, noted management.

As a result, absorption accrued its FY2026 gross guidance to a scope of $4.955 cardinal to $4.975 billion, up from the anterior scope of $4.92 cardinal to $4.97 billion. They cited continued momentum successful the business. Non-GAAP EPS guidance was besides raised to $2.54 to $2.56; the erstwhile scope was from $2.51 to $2.56. And for Q4, absorption expects gross betwixt $1.24 cardinal and $1.26 cardinal and non-GAAP EPS betwixt $0.64 and $0.66.

In a antithetic update, connected February 4, Gen Digital and Equifax expanded their concern designed to integrate their respective information assets and exertion platforms to assistance consumers amended negociate their fiscal and integer lives with enhanced information and personalized insights.

Under the expanded terms, Gen Digital volition incorporated Equifax’s differentiated fiscal wellness and fraud information into its AI-powered portfolio. On its part, Equifax volition leverage Gen Digital’s “Engine by Gen” level to supply personalized fiscal merchandise recommendations to US consumers accessing their myEquifax accounts.

Gen Digital Inc. (NASDAQ:GEN) develops cybersecurity bundle and services for consumers and tiny businesses. Its merchandise scope covers antivirus protection, individuality theft prevention, and VPN solutions.

While we admit the imaginable of GEN arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Affordable Long Term Stocks to Buy According to Hedge Funds and 7 Best Used Car Stocks To Buy According to Hedge Funds.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.

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