Gen Digital Forecasts Strong 2026 Outlook on Rising Cybersecurity Demand
Gen Digital, the parent company of popular antivirus brands Avast, Avira, and Norton, issued an upbeat forecast for fiscal 2026, citing continued demand for cybersecurity tools amid a wave of high-profile digital attacks and growing online scams. The optimistic outlook pushed Gen Digital’s shares up roughly 4% in after-hours trading on Tuesday.
The company projected annual revenue and profit above Wall Street expectations, reflecting strong enterprise and consumer interest in robust digital protection. Even as broader economic uncertainty weighs on IT budgets, cybersecurity remains a spending priority for many firms, driven by increasingly sophisticated threats and data breaches.
With its suite of security solutions for both individuals and businesses, Gen Digital appears well-positioned to benefit from heightened global awareness around digital safety and data privacy.
The company has not yet detailed full-year guidance figures, but analysts interpret the confidence as a sign of sustained customer retention and product innovation across its portfolio.