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 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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.
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