Why did Gen Digital raise its revenue forecast?

Gen Digital raised its revenue forecast due to strong demand for its digital security services, fueled by an increase in high-profile cyberattacks and the emergence of AI-driven threats.

What is Gen Digital's updated revenue outlook for fiscal 2026?

The company now forecasts its fiscal 2026 revenue to be between $4.96 billion and $4.98 billion.

Which antivirus brands does Gen Digital own?

Gen Digital owns well-known antivirus brands including Avast, Avira, AVG, and Norton.

Home / Business and Economy / Gen Digital Boosts Forecast Amid AI Security Boom

Gen Digital Boosts Forecast Amid AI Security Boom

6 Feb

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Summary

Gen Digital raised its annual revenue forecast for the third consecutive quarter.
Demand for digital security services is strong due to high-profile hacks.
AI advancements are creating new avenues for cyber attacks.

Gen Digital Boosts Forecast Amid AI Security Boom

Antivirus software provider Gen Digital announced on Thursday it has raised its annual revenue forecast for the third straight quarter. This optimistic outlook highlights significant demand for its digital security services.

The increasing number of high-profile cyberattacks, coupled with the evolving landscape of AI-driven threats, has prompted both consumers and enterprises to significantly bolster their digital defenses.

Gen Digital's raised fiscal 2026 revenue forecast now stands between $4.96 billion and $4.98 billion, an increase from its previous projection. The company also expects full-year earnings per share to range from $2.54 to $2.56.