VeriSign (VRSN) Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VeriSign in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" VRSN shares.
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2 Wall Street research analysts have issued 12 month target prices for VeriSign's shares. Their VRSN share price forecasts range from $245.00 to $249.00. On average, they predict the company's stock price to reach $247.00 in the next twelve months. This suggests a possible upside of 22.0% from the stock's current price.
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VeriSign's stock was trading at $205.44 at the beginning of 2023. Since then, VRSN stock has decreased by 1.4% and is now trading at $202.53.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our VRSN earnings forecast.

VeriSign, Inc. (NASDAQ:VRSN) posted its quarterly earnings data on Thursday, July, 27th. The information services provider reported $1.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.70 by $0.09. The information services provider had revenue of $372 million for the quarter, compared to analysts' expectations of $373 million. VeriSign had a net margin of 48.74% and a negative trailing twelve-month return on equity of 45.15%. The business's revenue was up 5.7% on a year-over-year basis. During the same period last year, the firm posted $1.54 EPS.
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ETFs with the largest weight of VeriSign (NASDAQ:VRSN) stock in their portfolio include Vesper U.S. Large Cap Short-Term Reversal Strategy ETF (UTRN), ETFMG Prime Cyber Security ETF (HACK), Upholdings Compound Kings ETF (KNGS), SPDR S&P Internet ETF (XWEB), Natixis Vaughan Nelson Select ETF (VNSE), Invesco Bloomberg MVP Multi-factor ETF (PWC), First Trust Nasdaq Cybersecurity ETF (CIBR) and VictoryShares Nasdaq Next 50 ETF (QQQN).

VeriSign updated its FY 2023 earnings guidance on Friday, July, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.49 billion-$1.50 billion, compared to the consensus revenue estimate of $1.50 billion.

114 employees have rated VeriSign Chief Executive Officer D. James Bidzos on Glassdoor.com. D. James Bidzos has an approval rating of 76% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other VeriSign investors own include NVIDIA (NVDA), Home Depot (HD), Netflix (NFLX), Intel (INTC), Costco Wholesale (COST), Micron Technology (MU), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO) and Boeing (BA).

VeriSign trades on the NASDAQ under the ticker symbol "VRSN."

Shares of VRSN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of VRSN stock can currently be purchased for approximately $202.53.

VeriSign (NASDAQ:VRSN) has a market capitalization of $20.89 billion and generates $1.42 billion in revenue each year. The information services provider earns $673.80 million in net income (profit) each year or $6.77 on an earnings per share basis.

The company employs 914 workers across the globe.

VeriSign's mailing address is 12061 Bluemont Way, Reston VA, 20190. The official website for the company is www.verisign.com. The information services provider can be reached via phone at (703) 948-3200, via email at ir@verisign.com, or via fax at 703-421-4873.