Gen Digital · growth
Gen Digital Raises FY2027 Revenue Guidance as Cybersecurity Demand Grows
Gen Digital raised its fiscal 2027 revenue guidance on October 28, 2026, to $5.465 billion to $5.515 billion, as quarterly revenue exceeded analyst expectations and demand for cybersecurity and financial wellness products remained strong.
What changed in Gen Digital's fiscal 2027 forecast?
Gen raised its fiscal 2027 revenue guidance to $5.465 billion to $5.515 billion from $5.375 billion to $5.475 billion, and increased its adjusted earnings per share guidance to $2.93 to $2.98 from $2.87 to $2.97.
Orbitrum Investor Impact
Why does the guidance increase matter for Gen Digital investors?
The higher forecast indicates stronger expected sales from Gen's cybersecurity and financial wellness businesses, supported by its sixth consecutive quarter of double digit bookings growth and record customer numbers.
Could Gen Digital's stronger forecast support its stock?
The higher revenue and earnings outlook provides a stronger operating outlook for Gen Digital's publicly traded shares (NASDAQ: GEN), and the stock rose about 7% in extended trading after the announcement, although future performance depends on execution and market expectations.
How strong were Gen Digital's latest quarterly results?
For the second quarter of fiscal 2027, ended October 2, 2026, revenue increased 12% year over year to $1.369 billion, exceeding the $1.34 billion analyst estimate, while adjusted earnings per share reached $0.74 against an estimate of $0.72.
What should investors watch next?
Investors should compare Gen's third quarter fiscal 2027 results with its revenue guidance of $1.365 billion to $1.390 billion and adjusted earnings per share guidance of $0.73 to $0.75 to assess whether demand and operating performance sustain the improved full year outlook.
Sources
- Reuters. Gen Digital raises annual revenue forecast on strong cybersecurity demand
- Gen Digital. Gen Delivers Another Double Digit Growth Quarter in Q2 FY27 and Raises FY27 Outlook
Original signal: Reuters ↗
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