Gen Digital: MoneyLion Opens A New Growth Channel At A Low Valuation
Gen Digital is rated a cautious BUY, supported by a base-case value of $32 per share, about 14% above its current price. GEN's MoneyLion acquisition aims to monetize its vast customer base via cross-selling financial and Cyber Safety products, though integration benefits remain unquantified. Trust-Based Solutions revenue grew 24% but carries lower margins (~30%) than Cyber Safety, impacting overall profitability as it becomes a larger revenue share.