GEN

AI Research

Trellis insurance platform acquired; Q3 FY26 revenue +26% YoY; stock viewed 30.9% undervalued

Gen Digital acquired Trellis, an AI-powered insurance shopping platform, to expand its Engine by Gen financial wellness marketplace on March 10, 2026. Q3 FY26 revenue reached $1,240M (+26% YoY) with GAAP operating income up 16%, and the company raised FY26 non-GAAP revenue guidance to $4.955-$4.975B with EPS of $2.54-$2.56. Analysts suggest the stock is 30.9% undervalued with an average 12-month target of $32.55; 5 analysts recommend buying with current price around $22.57.