Wall Street Bullish on Gen Digital Inc. (GEN), Here’s Why

​Gen Digital Inc. (NASDAQ:GEN) is one of the Best Cybersecurity Stocks to Buy in 2026. On January 16, Matthew Hedberg from RBC Capital reiterated a Hold rating on the stock with a $29 price target. Earlier on January 13, UBS reiterated a Buy rating on Gen Digital Inc. (NASDAQ:GEN) with a price target of $36.

​The ratings come as the company gets close to releasing its fiscal FQ3 2026 results on February 5. During the last earnings release, management released its outlook. The company expects fiscal Q3 2026 revenue to be in the range of $1.22 billion to $1.24 billion, while the EPS for the quarter is expected to be in the range of $0.62 to $0.64.

​During fiscal Q2 2026, Gen Digital Inc. (NASDAQ:GEN) grew its revenue by 25.26% year-over-year to $1.22 billion and topped the consensus by $23.86 million. The EPS of $0.62 was also above expectations by $0.01. Management had noted that Q2 marked the eighth straight quarter of EPS growth above the company’s 12% to 15% target.

​Gen Digital Inc. (NASDAQ:GEN) is a global leader in consumer cyber safety that provides cybersecurity, identity theft protection, and online privacy solutions through its family of brands. It offers a comprehensive platform of digital protection products, including antivirus software, VPNs, and identity monitoring services.

While we acknowledge the potential of GEN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GEN and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.