VeriSign Inc

VeriSign Inc Stock Forecast & Price Prediction

Live VeriSign Inc Stock (VRSN) Price
$186.90

4

Ratings

  • Buy 0
  • Hold 3
  • Sell 1
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$186.90

P/E Ratio

22.41

Volume Traded Today

$356,000

Dividend

$2.75

52 Week High/low

220.91/167.05

VeriSign Inc Market Cap

$18.24B

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VRSN Summary

The VeriSign Inc (VRSN) share price is expected to increase by 9.55% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered VRSN. Price targets range from $199.21 at the low end to $215 at the high end. The current analyst consensus for VRSN is a hold. Please note analyst price targets are not guaranteed and could be missed completely.

VRSN Analyst Ratings

About 4 Wall Street analysts have assignedVRSN 0 buy ratings, 3 hold ratings, and 1 sell ratings. This means that analysts expect VeriSign Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on VRSN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

VRSN stock forecast by analyst

These are the latest 20 analyst ratings of VRSN.

Analyst/Firm

Rating

Price Target

Change

Date

Robert Oliver
Baird

Neutral

$200

Maintains

Jun 27, 2024
Robert Oliver
Baird

Neutral

$200

Maintains

Apr 26, 2024
Ygal Arounian
Citigroup

Buy

$236

Maintains

Apr 2, 2024
Ygal Arounian
Citigroup

Buy

$237

Maintains

Feb 12, 2024

Citigroup

Buy


Maintains

Jul 25, 2023
Ygal Arounian
Citigroup

Buy

$249

Maintains

Jul 24, 2023

Baird

Neutral


Downgrade

Jul 11, 2023

Citigroup

Buy


Maintains

Apr 28, 2023
Ygal Arounian
Citigroup

Buy

$252

Maintains

Feb 13, 2023
Rob Oliver
Baird

Outperform

$265

Upgrade

Dec 15, 2022
Ygal Arounian
Citigroup

Buy

$243

Initiates

Dec 13, 2022

Baird

Neutral


Maintains

Oct 28, 2022

Baird

Neutral


Maintains

Jul 29, 2022
Rob Oliver
Baird

Neutral

$210

Downgrade

Apr 29, 2022

Baird

Outperform


Maintains

Feb 11, 2022

JP Morgan

Overweight


Upgrade

Dec 9, 2020

Baird

Outperform


Maintains

Jun 23, 2020
Nicholas Jones
Citigroup

Neutral

$235

Maintains

Apr 27, 2020

CFRA

Hold

$204

Maintains

Apr 27, 2020
Robert Oliver
Baird

Outperform

$250

Maintains

Apr 24, 2020

VRSN Company Information

What They Do: Provides domain name registry and internet infrastructure services.

Business Model: The company generates revenue primarily through the registration of domain names, particularly .com and .net domains. Additionally, it offers various internet infrastructure services that enhance the security and stability of internet navigation, thereby supporting global e-commerce.

Other Information: Founded in 1995 and headquartered in Reston, Virginia, VeriSign operates critical internet services, including root zone maintenance and operating two of the thirteen global internet root servers. This positions the company as a key player in maintaining the integrity and functionality of the internet.
VRSN
VeriSign Inc (VRSN)

When did it IPO

1998

Staff Count

907

Country

United States

Sector/Industry

Technology/Software - Infrastructure

CEO

Mr. D. James Bidzos

Market Cap

$18.24B

VeriSign Inc (VRSN) Financial Data

In 2023, VRSN generated $1.49B in revenue, which was a increase of 4.79% from the previous year. This can be seen as a signal that VRSN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.27B

Revenue From 2021

$1.33B

4.94 %
From Previous Year

Revenue From 2022

$1.42B

7.33 %
From Previous Year

Revenue From 2023

$1.49B

4.79 %
From Previous Year
  • Revenue TTM $1.53B
  • Operating Margin TTM 68.8%
  • Gross profit TTM $1.30B
  • Return on assets TTM 40.7%
  • Return on equity TTM -51.7%
  • Profit Margin 55.4%
  • Book Value Per Share -18.54%
  • Market capitalisation $18.24B
  • Revenue for 2021 $1.33B
  • Revenue for 2022 $1.42B
  • Revenue for 2023 $1.49B
  • EPS this year (TTM) $8.34

VeriSign Inc (VRSN) Latest News

News Image

Sun, 22 Sep 2024

Sentiment - NEGATIVE

Source - InvestorPlace

Summary - In the early 1990s, the Marriott Corp. hotel chain faced challenges during the real estate crisis.

Why It Matters - The mention of Marriott's struggles during the 1990s real estate crisis signals potential risks in the current real estate market, affecting investment decisions in hospitality and related sectors.

News Image

Thu, 25 Jul 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - VeriSign, Inc. (NASDAQ: VRSN) will host its Q2 2024 earnings call on July 25, 2024, at 4:30 PM ET, featuring key executives and analysts from Baird and Citigroup.

Why It Matters - VeriSign's Q2 2024 earnings call will provide insights into its financial performance and future outlook, influencing investor sentiment and stock valuation.

News Image

Thu, 25 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - VeriSign reported 362.4 million domain name registrations at Q2 2024, stable from Q1. Year-over-year, registrations rose by 5.8 million, or 1.6%.

Why It Matters - Stable domain registrations indicate steady demand for internet infrastructure, reflecting potential revenue stability for VeriSign, impacting its financial outlook and stock performance.

News Image

Thu, 25 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - VeriSign, Inc. reported Q2 2024 revenue of $387 million, a 4.1% increase year-over-year. Operating income rose to $266 million from $249 million in Q2 2023.

Why It Matters - VeriSign's Q2 2024 revenue and operating income growth signals strong demand for its services, potentially leading to increased investor confidence and stock performance.

News Image

Sat, 13 Jul 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - VeriSign stocks are undervalued by 20.1% and underfollowed, showing potential for mispricing. The company has high margins and cash flow, with a positive risk-reward profile ahead of Q3 earnings.

Why It Matters - VeriSign's 20.1% undervaluation and strong cash flow signal potential upside. Analyst undercoverage may lead to price correction post-Q3 earnings, enhancing returns.

News Image

Sun, 14 Jul 2024

Sentiment - NEGATIVE

Source - The Motley Fool

Summary - Cloudflare's growth is slowing due to macroeconomic challenges, while VeriSign's longstanding business model may be losing its appeal.

Why It Matters - Cloudflare's slowing growth signals potential revenue decline, impacting tech valuations. VeriSign's model may weaken, raising concerns about its long-term profitability and investor confidence.

...

VRSN Frequently asked questions

The highest forecasted price for VRSN is $215 from at .

The lowest forecasted price for VRSN is $199.21 from from

The VRSN analyst ratings consensus are 0 buy ratings, 3 hold ratings, and 1 sell ratings.