VeriSign Inc

VeriSign Inc Stock Forecast & Price Prediction

Live VeriSign Inc Stock (VRSN) Price
$187.18

4

Ratings

  • Buy 2
  • Hold 2
  • Sell 0
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

$187.18

P/E Ratio

21.84

Volume Traded Today

$560,500

Dividend

$2.75

52 Week High/low

220.91/167.05

VeriSign Inc Market Cap

$18.42B

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VRSN Summary

The VeriSign Inc (VRSN) share price is expected to increase by 7% 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 $195 at the low end to $210 at the high end. The current analyst consensus for VRSN is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

VRSN Analyst Ratings

About 4 Wall Street analysts have assignedVRSN 2 buy ratings, 2 hold ratings, and 0 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

CFRA

Hold

$204

Maintains

Apr 27, 2020
Nicholas Jones
Citigroup

Neutral

$235

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.

Business Model: The company generates revenue primarily through the registration and management of domain names, particularly .com and .net. It also earns income from providing critical internet infrastructure services, such as maintaining root zone databases and operating root servers, which are essential for internet navigation and stability.

Other Information: Incorporated in 1995 and headquartered in Reston, Virginia, VeriSign plays a vital role in supporting global e-commerce and ensuring the security and reliability of internet services. Its diversified portfolio includes services for various domain types and contributes significantly to the overall health of the internet ecosystem.
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

$18.42B

VeriSign Inc (VRSN) Financial Data

In 2023, VRSN generated $1.49B in revenue, which was a increase of 0.00% 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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$1.49B

0.00 %
From Previous Year
  • Revenue TTM $1.54B
  • Operating Margin TTM 68.9%
  • Gross profit TTM $1.30B
  • Return on assets TTM 41.6%
  • Return on equity TTM -51.7%
  • Profit Margin 55.7%
  • Book Value Per Share -19.72%
  • Market capitalisation $18.42B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $1.49B
  • EPS this year (TTM) $8.57

VeriSign Inc (VRSN) Latest News

News Image

Mon, 25 Nov 2024

Sentiment - NEGATIVE

Source - PYMNTS

Summary - Sen. Elizabeth Warren is advocating for an antitrust investigation into the web domain registration sector, collaborating with a House representative on the initiative.

Why It Matters - Antitrust investigations can lead to regulatory changes and impact market competition, affecting company valuations and investment strategies in the web domain registration sector.

News Image

Thu, 31 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Q3 results show revenue growth and high margins with EPS at $2.07, but a decline in domain registrations. The company maintains a 47% market share and continues share buybacks.

Why It Matters - The mixed Q3 results highlight strong revenue and margins but declining domain registrations. Stability in market share and ongoing buybacks suggest continued shareholder value despite challenges.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - Reuters

Summary - VeriSign reported a 3.8% increase in Q3 revenue, surpassing analyst expectations, attributed to higher demand for domain name registrations as businesses expand online.

Why It Matters - VeriSign's revenue increase indicates strong demand for online services, suggesting robust growth in the tech sector, which could lead to positive sentiment and investment in related stocks.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - VeriSign, Inc. (NASDAQ: VRSN) will hold its Q3 2024 earnings call on October 24, 2024, at 4:30 PM ET, featuring key executives including CEO Jim Bidzos.

Why It Matters - VeriSign's Q3 earnings call provides insights into its financial performance and future outlook, crucial for assessing investment potential and market confidence.

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - VeriSign, Inc. reported Q3 2024 revenue of $391 million, a 3.8% increase year-over-year. Operating income rose to $269 million from $254 million in Q3 2023.

Why It Matters - VeriSign's revenue and operating income growth signals financial strength and stability, potentially boosting investor confidence and impacting stock performance.

News Image

Fri, 25 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - VeriSign reported a slight decline in domain name registrations, totaling 362.3 million across all TLDs in Q3 2024, down 0.1 million or less than 0.05% from Q2 2024.

Why It Matters - The slight decline in domain name registrations could indicate slowing growth in digital presence and internet activity, potentially affecting VeriSign's revenue and market outlook.

...

VRSN Frequently asked questions

The highest forecasted price for VRSN is $210 from Rob Oliver at Baird.

The lowest forecasted price for VRSN is $195 from Walter Pritchard from Citigroup

The VRSN analyst ratings consensus are 2 buy ratings, 2 hold ratings, and 0 sell ratings.