Gen Digital Inc. · GEN · FY2027 Q2 · Calendar Q4 2026
Gen raises FY2027 outlook as AI security and partner growth accelerate
Gen's Q2 FY2027 results support a constructive operating thesis: double-digit growth, raised guidance, strong Cyber Safety margins and expanding partner channels provide evidence of resilient demand. The main tests are adoption of new AI-security products, the durability of channel growth and the economics of the MoneyLion membership transition.
Earnings scorecard
Reported versus consensusMarket reaction
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Transcript intelligence
What changed
Compared with the prior quarter, Gen reported faster revenue growth, raised full-year revenue and EPS guidance again, and emphasized partner expansion and AI-agent safety. Management also highlighted a record Cyber Safety margin and stable Trust-Based Solutions margin.
Guidance delta
Management raised full-year FY2027 revenue and EPS guidance, projecting 10–11% revenue growth and 16–18% EPS growth.
Key takeaways
- Revenue grew 12% year over year to $1.37 billion and bookings rose 10%, beating guidance.
- Cyber Safety reached a record 62% margin while Trust-Based Solutions maintained a 30% margin.
- Partner revenue grew 40% and now represents more than 20% of total revenue.
- AI initiatives including Safe AI and Agent Trust Hub are central to the product roadmap.
Management priorities
- Redesign Norton 360 around Next-Gen VPN, scam protection and Safe AI.
- Scale MoneyLion and expand the MoneyLion One membership.
- Grow Engine Marketplace through additional verticals and partner integrations.
- Build Agent Trust Hub and related AI safety infrastructure.
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Analyst 52W Price Targets
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 29, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| RBC Capital | Sector Perform | Sector Perform | Maintain | Oct 12, 2026 |
| Wells Fargo | Equal Weight | Equal Weight | Maintain | Aug 7, 2026 |
| Barclays | Equal Weight | Equal Weight | Maintain | Aug 7, 2026 |
| Evercore ISI Group | Outperform | Outperform | Maintain | May 8, 2026 |
| Morgan Stanley | Equal Weight | Equal Weight | Maintain | Sep 2, 2025 |
| Argus Research | Buy | Buy | Maintain | May 28, 2024 |
| B of A Securities | Buy | Underperform | Upgrade | May 11, 2021 |
| Credit Suisse | Neutral | Neutral | Maintain | Feb 4, 2021 |
| Citigroup | Neutral | Neutral | Maintain | Aug 9, 2020 |
| Baird | Outperform | Neutral | Upgrade | Jun 7, 2020 |
| UBS | Buy | Buy | Maintain | May 14, 2020 |
| Stifel | Hold | Hold | Maintain | May 14, 2020 |
| Mizuho | Buy | Buy | Maintain | May 14, 2020 |
| Stifel Nicolaus | Buy | Hold | Upgrade | Nov 29, 2018 |
| Cantor Fitzgerald | Overweight | Overweight | Maintain | Jul 6, 2017 |
| Bank of America | Underperform | Neutral | Downgrade | May 16, 2016 |
| Susquehanna | Neutral | Neutral | Maintain | Jan 26, 2016 |
| Deutsche Bank | Hold | Hold | Maintain | Mar 6, 2015 |
| BMO Capital | Market Perform | Market Perform | Maintain | Nov 12, 2012 |
| ISI Group | Buy | Hold | Upgrade | Aug 9, 2012 |
| Ladenburg Thalmann | Buy | Buy | Maintain | Mar 1, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $27.04. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| RBC Capital | Matthew Hedberg | $24 | $23.47 | -11.2% | Oct 12, 2026 |
| RBC Capital | Analyst unavailable | $26 | $22.72 | -3.8% | Sep 25, 2026 |
| RBC Capital | Matthew Hedberg | $30 | $28.96 | +11.0% | Aug 7, 2026 |
| RBC Capital | Analyst unavailable | $27 | $26.49 | -0.1% | Jul 16, 2026 |
| Barclays | Analyst unavailable | $27 | $20.19 | -0.1% | May 8, 2026 |
| Barclays | Saket Kalia | $32 | $22.43 | +18.4% | Feb 6, 2026 |
| Jefferies | Analyst unavailable | $31 | $28.08 | +14.7% | Oct 3, 2025 |
| Morgan Stanley | Keith Weiss | $32 | $29.5 | +18.4% | Sep 2, 2025 |
| Morgan Stanley | Hamza Fodderwala | $27 | $25.44 | -0.1% | Jun 7, 2024 |
| Argus Research | Joseph Bonner | $29 | $24.89 | +7.3% | May 28, 2024 |
| Barclays | Saket Kalia | $25 | $22.34 | -7.5% | Apr 11, 2024 |
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Start freeCompany context
Snapshot as of publicationGen Digital Inc. delivers a wide array of cyber safety solutions for individual users across the globe, with operations spanning the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific region, and Japan. Its flagship offering, Norton 360, is a subscription-based, all-in-one cyber protection platform safeguarding PCs, Macs, and mobile devices from a wide spectrum of online dangers like malware, viruses, ransomware, and adware. The company also offers Norton and LifeLock's identity theft protection, which includes proactive monitoring, timely alerts, and professional restoration assistance should identity fraud occur. To bolster online privacy and security, its Norton Secure VPN creates an encrypted tunnel for data, ensuring anonymity. The Privacy Monitor Assistant provides a specialized service where experts assist users in removing their personal data from online data brokers. Home Title Protect helps safeguard property by detecting potential fraud and alerting homeowners.…
Historical context
All GEN earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| ASX ASE Technology Holding Co., Ltd. | FY2026 Q3 · Calendar Q4 2026 | — | -2.7% | ASE posts record Q3 as LEAP demand lifts mix and capex |
| KLAC KLA Corporation | FY2027 Q1 · Calendar Q4 2026 | +2.5% | +7.3% | KLA posts record revenue as AI and advanced packaging demand accelerate |
| AUROW Aurora Innovation, Inc. | FY2026 Q3 · Calendar Q4 2026 | +3.6% | 0.0% | Aurora advances commercial trucking ramp while execution risks remain |
| AUR Aurora Innovation, Inc. | FY2026 Q3 · Calendar Q4 2026 | +3.6% | -0.6% | Aurora advances commercial ramp as execution risks remain |
| FLEX Flex Ltd. | FY2027 Q2 · Calendar Q4 2026 | +11.3% | +11.6% | Flex raises FY27 outlook as AI power demand drives growth |
| NOW ServiceNow, Inc. | FY2026 Q3 · Calendar Q4 2026 | -2.0% | -3.0% | ServiceNow raises outlook as AI monetization accelerates |
Latest beats and misses
Who reports nextBeat on EPS
- KLACFY2027 Q1 · October 28, 2026+2.5% EPS+7.3% move
- SANFY2026 Q3 · October 28, 20260.0% EPS-6.3% move
- FFY2026 Q3 · October 28, 2026+19.5% EPS+1.4% move
- EQIXFY2026 Q3 · October 28, 2026+20.0% EPS+5.4% move
- EBAYFY2026 Q3 · October 28, 2026+7.1% EPS+0.2% move
- F-PBFY2026 Q3 · October 28, 2026+19.5% EPS— move
Missed on EPS
- CPFY2026 Q3 · October 28, 2026-3.2% EPS-1.9% move
- LIIFY2026 Q3 · October 28, 2026-7.1% EPS-10.6% move
- EXRFY2026 Q3 · October 27, 2026-1.7% EPS+0.1% move
- NOWFY2026 Q3 · October 28, 2026-2.0% EPS-3.0% move
- CMGFY2026 Q3 · October 28, 2026-7.1% EPS+2.7% move
- GOOGFY2026 Q3 · October 28, 2026-11.3% EPS+1.6% move
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Sources
- Earnings call transcript and parsed analysis · 2026-10-29T04:05:08.192021+00:00
- FN2 earnings calendar · 2026-10-29T01:23:20.584741+00:00
- Polygon adjusted daily market bars · 2026-10-29T14:50:44.739835+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-29T14:50:44.737177+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-29. For educational purposes only; not investment advice.