Latest news with #GenDigital
Yahoo
23-06-2025
- Business
- Yahoo
How Is Gen Digital's Stock Performance Compared to Other Software - Infrastructure Stocks?
Valued at a market cap of $18 billion, Tempe, Arizona-based Gen Digital Inc. (GEN) is a leading provider of cyber safety solutions for individuals, families, and small businesses. Its portfolio includes well-known brands such as Norton, Avast, LifeLock, Avira, AVG, CCleaner, and ReputationDefender. Companies valued at $10 billion or more are generally classified as 'large-cap' stocks, and Gen Digital fits this criterion perfectly, exceeding the mark. The company delivers trusted services in cybersecurity, online privacy, identity protection, and performance optimization. Robotaxis, Powell and Other Key Things to Watch this Week The 7 Signs Your Stock Is A Buyout Target Looking to Gamble on Hard-Hit Solar Stocks? This Is the Top-Rated Ticker Now. Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Shares of Gen Digital have dipped 8.5% from its 52-week high of $31.72. GEN stock has increased 6.1% over the past three months, underperforming the broader iShares Expanded Tech-Software Sector ETF's (IGV) return of 12.8% during the same period. Longer term, GEN stock has soared 19.1% over the past 52 weeks, lagging behind IGV's 23.9% return over the same time frame. However, Gen Digital's shares have risen 5.4% on a YTD basis, slightly outpacing IGV's 4.9% gain. The stock has climbed above its 50-day and 200-day moving averages since early May. Shares of Gen Digital surged 8.2% following its strong Q4 2025 results on May 6, with adjusted EPS of $0.59 exceeding estimates and rising 11.3% year-over-year. Revenue grew 5% to over $1 billion, driven by heightened demand for AI-powered cyber safety solutions amid rising digital threats. The company reported an increase in its direct customer base to 40.4 million and improved its customer retention rate to 78%. Additionally, an upbeat fiscal 2026 guidance, projecting up to $4.8 billion in revenue and EPS as high as $2.56, fueled investor confidence. In comparison, its rival, Microsoft Corporation (MSFT), has underperformed GEN stock, with shares of MSFT rising nearly 6% over the past 52 weeks. Nevertheless, MSFT stock has gained 13.1% on a YTD basis, exceeding GEN's performance. Despite the stock's outperformance relative to its industry peers over the past year, analysts are cautiously optimistic, with a consensus rating of "Moderate Buy" from seven analysts. It is currently trading below the mean price target of $32.28. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Forbes
09-06-2025
- Business
- Forbes
Beyond Compliance: Why Financial Firms Must Get Ahead Of The Algorithm
Chad Angle, Head of ReputationDefender at Gen Digital | Expert in Growth Strategy, Online Reputation Management, & Executive Privacy. U.S. corporations invest between 1.3% and 3.3% of their total wage bill on regulatory compliance. This equates to nearly $240 billion per year in labor expenses and potentially much more in other costs. But while no one is going to argue about the importance of compliance, it is a critical error to think that due diligence ends there. The unfortunate reality is that it doesn't matter how squeaky clean a financial advisor's past behavior is—all it takes is a single negative online post that pops up on page one of the Google search results, and their reputation is at risk of being irreparably damaged. What is particularly frightening about this situation is that it doesn't make a difference whether the information in the negative post is true or not. Once that information is out there, it is often the first thing that people will see when searching for or researching a financial advisor. Not only is it virtually impossible to remove damaging information from the internet, but many financial professionals may not even be aware that it's out there, prominently displayed on the search results. While this risk exists for virtually everyone, financial advisors are particularly vulnerable due to the fact that they work in a trust-based industry. Negative reviews from disgruntled former clients, evidence of regulatory infractions, results of lawsuits or other damaging developments and even negative content maliciously posted by competitors can all have a detrimental effect on an advisor's credibility and mean the difference between attracting and retaining valuable clients and losing them. Fortunately, there is a solution to stay ahead of negative Google search results: online reputation management. Through a variety of data-informed strategies, including reputation monitoring, suppression of negative search results and customized reputation strategies, financial advisors can stay ahead of the Google algorithm and ensure that those critical first few pages of their search results don't contain critically damaging content. Even the most upstanding, compliant advisor can suffer catastrophic damage if a malicious or uninformed post makes it to the top of the search results. Advisors are at risk of suffering reputational damage and losing clients. In this modern digital age, when virtually everyone has immediate access to the internet, even the perception of unethical or illegal behavior can be just as damaging as an instance of regulatory noncompliance. Many people make the mistake of thinking that potential clients simply aren't searching for them on Google and other search engines or looking at reviews. In reality, only 4% of consumers reportedly never check business reviews. The vast majority of people are actively using reviews to help them decide whom to hire and work with—and in the financial industry, where trustworthiness is paramount, the weight of that statistic cannot be overstated. There's another aspect of reviews and search engine results that most people miss, and that is the fact that search engines actually use reviews to help them rank search results. In other words, it's not enough to simply ensure that there aren't any negative reviews out there that can damage a financial advisor's reputation—it is also important to have positive reviews and a positive narrative that can help to elevate the advisor to the top of the search results, as this increases the odds that they will attract new clients. Online reputation management and search engine optimization are strategies that can help to improve an advisor's online presence in two ways—suppressing negative content (typically by moving it down off the first few pages of the results, the point where most people limit their searching) while at the same time elevating positive content so that it shows up on those ever-important first few pages. The internet has become ubiquitous in society, and to build a strong brand that attracts new clients and retains existing ones, financial services companies must manage their online reputation. While most of that work must be done organically through the development of a strong team, offering top-notch services and maintaining responsive customer service, achieving excellence is no longer enough to sustain a brand. It's equally important to protect their reputation for excellence—and that's where online reputation management comes in. Leaders of financial services companies can implement proactive measures to maintain a positive online reputation. Firstly, regularly publish high-quality, informative content on reputable platforms such as industry blogs, LinkedIn and respected financial news sites to boost your firm's positive visibility online. This approach ensures that valuable, credible content consistently appears at the top of search results, naturally suppressing any negative content that might arise. Engage positively with online communities and promptly address client feedback, publicly and professionally, to also demonstrate transparency and trustworthiness—critical attributes within the financial industry. Additionally, encourage satisfied clients to leave authentic reviews on credible platforms like Google Business, Yelp or industry-specific review sites. This can powerfully influence search rankings in the company's favor. Implementing a structured process to solicit and share client testimonials can also help ensure a steady flow of positive online content, further elevating a company's reputation. Lastly, continuous monitoring of the firm's digital footprint, including social media mentions, online reviews and search engine results, is essential. Early identification and rapid response to any emerging issues or inaccuracies can prevent negative content from gaining prominence, safeguarding the firm's reputation proactively. Another option is to invest in outside help from reputation management consultants. Leaders planning to do so should consider a team that will leverage search engine optimization (SEO), conduct regular online audits for compromising information, clean up and suppress any negative press or posts and attract organic traffic and positive reviews through a multifaceted, strategic plan specifically tailored to the needs of their clients. For financial firms with dozens of advisors who could potentially experience damaging online activity, or independent financial advisors who can't afford the loss of business that comes with even one negative review, online reputation management should not be overlooked. Otherwise, no amount of investment in compliance can guarantee a strong reputation or long-term customer loyalty. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
Associated Press
27-05-2025
- Business
- Associated Press
He Was Offered a 15-Year Path to the C-Suite. So He Walked.
Our CEO, Vincent Pilette, shared his personal story with Fortune, and it's not your typical path to the top. He explains that titles never defined him. Impact did. That mindset led him to Gen and where he is today. Read more about his honest look at how being bold can open unexpected doors, and how not all career paths are linear: Visit 3BL Media to see more multimedia and stories from Gen Digital Inc.
Yahoo
24-05-2025
- Business
- Yahoo
Gen Digital (NasdaqGS:GEN) Unveils AI-Driven Browser Norton Neo for Safer, Smarter Web Experience
Gen Digital experienced a 15% price increase over the past month, potentially influenced by several factors. The company launched Norton Neo, a new AI-powered browser aimed at enhancing user experience and security, aligning with its emphasis on innovation. Furthermore, the quarterly earnings report reflected growth, with sales and net income seeing notable increases compared to the previous year. On a broader market level, tech shares faced headwinds due to renewed trade tensions, but Gen Digital's advancements in product offerings and solid financial performance may have added a counterbalance to sector declines, supporting the company's upward movement. Every company has risks, and we've spotted 3 possible red flags for Gen Digital (of which 1 is a bit unpleasant!) you should know about. These 16 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. The recent launch of Norton Neo and a strong quarterly earnings report have bolstered investor confidence in Gen Digital, contributing to a 15% share price increase in the past month. Over a longer horizon, Gen Digital's shares have delivered a total return of 48.50% over the past five years, indicating consistent growth and resilience in various market conditions. Despite a challenging environment where tech shares have generally faced difficulties, Gen Digital has managed to outperform the broader US market, reflecting the success of its strategic initiatives. Looking forward, the integration of AI-driven technologies and expansion into new markets are expected to drive revenue and earnings growth. The company's revenue is anticipated to grow at an annual rate of 2.7%, while analysts project earnings to reach US$1.2 billion by 2028. These developments are essential for justifying the current consensus price target of $30.71. With the recent share price at $25.72, this suggests potential upside, giving investors reason to remain optimistic about future returns, contingent on successful execution of growth initiatives. Gain insights into Gen Digital's outlook and expected performance with our report on the company's earnings estimates. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:GEN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-05-2025
- Business
- Yahoo
This CEO said no to a 15-year wait for his dream job. He took the fast track instead: ‘I don't have that much time'
The path to the C-suite often follows a familiar blueprint. For Gen Digital CEO Vincent Pilette, it was anything but. Pilette says he never had CEO aspirations, much preferring the role of CFO. So he did what few would: Early in his career as a financial analyst at a Fortune 500 IT company, he told the company's then-CFO he wanted her job, he says. But when she outlined a rigid 15-year succession plan, he walked. 'I don't have that much time,' he told Fortune. Though he'd only overseen a sliver of financial operations at the time—far from the typical CFO résumé stacked with experience across accounting, FP&A, and M&A—he began pursuing finance chief roles at smaller public companies. Titles never defined him, he says. Impact did. After 'hundreds of nos,' including an initial rejection from Electronics for Imaging, he eventually landed the CFO seat there in 2011. Two years later, he joined Logitech, where working under CEO Bracken Darrell reshaped his view of financial leadership as a blend of fiscal discipline and operational execution to drive growth. Pilette, whose work at Logitech blended both financial responsibilities and internal operations, began to embrace the CFO role not only as a financial steward but as a catalyst for value creation and operational change, he says. Then came the unexpected. Recruited to join cyber security company Symantec as CFO in 2019, Pilette says he arrived on the very day the CEO was fired. What followed was a crash course in crisis leadership. He led the split and sale of half the business the same year, with the remainder branded as NortonLifeLock. Months later, in a twist of executive musical chairs, he was tapped as CEO. Under Pilette's leadership, NortonLifeLock merged with Avast in 2022 to form Gen Digital, a cyber security giant now serving nearly 500 million users. With a market cap north of $17 billion, Gen Digital recently acquired fintech firm MoneyLion to broaden its consumer security offerings. And it landed at No. 840 on the 2024 Fortune 1000. Pilette says his unconventional climb is proof there's no single route to the top. 'Too many people feel there is one recipe,' he says. 'But there isn't.' He became a CFO without the usual credentials. He then became a CEO without chasing the title, driven instead by curiosity, discipline, and a relentless focus on value, he says. His path suggests that sometimes, the fastest way up is the willingness to first go sideways. Lily Mae This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
