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StocksMedium•13 February 2026•

1 min read

Fitch Revises Gen Digital Outlook to Stable on Improved Debt Profile

Fitch Ratings has upgraded the financial outlook for Gen Digital Inc. from negative to stable, reflecting the company's improved credit profile. The agency also affirmed the firm's Long-Term Issuer Default Rating (IDR) at 'BB+'. This revision is primarily driven by Gen Digital's consistent operational performance and its commitment to voluntary debt repayments. Fitch forecasts that the company's EBITDA leverage will decrease to approximately 3.3x by fiscal year 2026. The company’s robust subscription-based revenue model, supported by 78 million paid customers, continues to provide significant cash flow stability. Overall, the rating action underscores a reduced credit risk and a stronger balance sheet for the cybersecurity leader.