Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
VeriSign Inc Market Cap
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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.
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