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S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
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Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts
S&P 500   4,569.78
DOW   36,204.44
QQQ   386.32
Are penny stocks worth it? Should you invest in penny stocks?
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Why do tech stocks go down when interest rates rise?
Pure Storage stock fumbles for a rare buying opportunity
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Snowflake’s bullish tailwind is turning into a gale-force wind
2 energy drink makers to wake up your portfolio
Countries Are Investing Heavily Into Securing Energy Independence (Ad)
Bitcoin has surpassed $41,000 for the first time since April 2022. What's behind the price surge?
Doing Your Holiday Shopping? These Stocks Might Make Great Gifts

VeriSign Stock Price, News & Analysis (NASDAQ:VRSN)

$218.73
+0.96 (+0.44%)
(As of 12/4/2023 ET)
Compare
Today's Range
$216.75
$219.60
50-Day Range
$192.63
$218.73
52-Week Range
$188.44
$229.72
Volume
506,051 shs
Average Volume
509,863 shs
Market Capitalization
$22.55 billion
P/E Ratio
31.16
Dividend Yield
N/A
Price Target
$247.00

VeriSign MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
12.9% Upside
$247.00 Price Target
Short Interest
Healthy
1.51% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.52
Upright™ Environmental Score
News Sentiment
1.12mentions of VeriSign in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$4.49 M Sold Last Quarter
Proj. Earnings Growth
9.37%
From $7.15 to $7.82 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.41 out of 5 stars

Computer And Technology Sector

165th out of 593 stocks

Custom Computer Programming Services Industry

3rd out of 24 stocks


VRSN stock logo

About VeriSign Stock (NASDAQ:VRSN)

VeriSign, Inc., together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. The company enables the security, stability, and resiliency of internet infrastructure and services, including providing root zone maintainer services, operating two of the 13 internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which supports global e-commerce. It also back-end systems for .cc, .gov, .edu, and .name domain names, as well as operates distributed servers, networking, security, and data integrity services. The company was incorporated in 1995 and is headquartered in Reston, Virginia.

VRSN Stock Price History

VRSN Stock News Headlines

The Battery Metal Nobody Told You About
According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."
The Battery Metal Nobody Told You About
According to McKinsey and Company, the battery storage market is growing rapidly, especially with the transition to clean, renewable energy. Lithium-ion batteries still grab most of the headlines. But analysts now call safe and long-lasting batteries made with vanadium "the future of battery tech."
VeriSign (VRSN) Q3 Domain Name Registrations Rise 2.4% Y/Y
Massive Insider Trade At VeriSign
5 Low Risk High Reward Stocks Set To Triple By 2027
Verisign Inc. Q3 Income Climbs, Beats estimates
Q3 2023 Verisign Inc Earnings Call
Verisign Reports Third Quarter 2023 Results
VeriSign (NASDAQ:VRSN) Misses Q3 Revenue Estimates
VeriSign (VRSN) Q3 Earnings and Revenues Beat Estimates
See More Headlines
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Company Calendar

Last Earnings
10/26/2023
Today
12/04/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/08/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
Internet Software & Services
Current Symbol
NASDAQ:VRSN
CUSIP
92343E10
Employees
914
Year Founded
1995

Price Target and Rating

Average Stock Price Target
$247.00
High Stock Price Target
$249.00
Low Stock Price Target
$245.00
Potential Upside/Downside
+12.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$673.80 million
Pretax Margin
64.59%

Debt

Sales & Book Value

Annual Sales
$1.42 billion
Cash Flow
$6.83 per share
Book Value
($14.73) per share

Miscellaneous

Free Float
102,131,000
Market Cap
$22.55 billion
Optionable
Optionable
Beta
0.92

Social Links

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Should I Buy VeriSign Stock? VRSN Pros and Cons Explained

These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of VeriSign was last updated on Tuesday, November 28, 2023 at 10:14 PM.

Pros

Here are some ways that investors could benefit from investing in VeriSign, Inc.:

  • VeriSign, Inc. provides domain name registry services and internet infrastructure, which enables internet navigation for various recognized domain names worldwide. This positions the company at the core of internet infrastructure and services, supporting global e-commerce.
  • As a leader in the industry of custom computer programming services, VeriSign, Inc. has established itself as a trusted provider of domain name registry services, offering stability, security, and resiliency to internet infrastructure.
  • The company operates two of the 13 internet root servers, which are crucial for the stability and functioning of the internet. This gives VeriSign, Inc. a significant role in maintaining the security and integrity of internet infrastructure.
  • VeriSign, Inc. offers registration services and authoritative resolution for the .com and .net domains, which are widely recognized and used for global e-commerce. This provides the company with a strong revenue stream and positions it as a key player in the domain name industry.
  • VeriSign, Inc. has a track record of financial success, with expected EPS of 7.15 for the current fiscal year. This indicates the company's ability to generate profits and deliver value to investors.

Cons

Investors should be bearish about investing in VeriSign, Inc. for these reasons:

  • VeriSign, Inc. operates in the highly competitive industry of internet software and services. The company faces competition from other domain name registry service providers and internet infrastructure companies, which may impact its market share and profitability.
  • The company's financial performance is subject to fluctuations in the demand for domain name registry services and internet infrastructure. Economic downturns or changes in consumer behavior could affect VeriSign, Inc.'s revenue and profitability.
  • Investors should consider the potential risks associated with cybersecurity threats and data breaches. VeriSign, Inc.'s role in internet infrastructure makes it a potential target for cyberattacks, which could lead to reputational damage and financial losses.
  • Changes in regulations and policies related to domain name registration and internet governance could impact VeriSign, Inc.'s operations and profitability. Investors should stay informed about any regulatory developments that may affect the company.
  • Investors should carefully evaluate the current stock price of VeriSign, Inc. and consider factors such as market trends, financial performance, and industry outlook before making investment decisions. It is important to conduct thorough research and analysis to determine the potential risks and rewards of investing in the company.














VRSN Stock Analysis - Frequently Asked Questions

Should I buy or sell VeriSign stock right now?

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.
View VRSN analyst ratings
or view top-rated stocks.

What is VeriSign's stock price target for 2024?

2 Wall Street research analysts have issued 12-month target prices for VeriSign's stock. Their VRSN share price targets range from $245.00 to $249.00. On average, they expect the company's share price to reach $247.00 in the next year. This suggests a possible upside of 12.9% from the stock's current price.
View analysts price targets for VRSN
or view top-rated stocks among Wall Street analysts.

How have VRSN shares performed in 2023?

VeriSign's stock was trading at $205.44 at the start of the year. Since then, VRSN shares have increased by 6.5% and is now trading at $218.73.
View the best growth stocks for 2023 here
.

Are investors shorting VeriSign?

VeriSign saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,530,000 shares, an increase of 48.5% from the October 31st total of 1,030,000 shares. Based on an average daily trading volume, of 503,900 shares, the days-to-cover ratio is currently 3.0 days. Approximately 1.5% of the company's shares are sold short.
View VeriSign's Short Interest
.

When is VeriSign's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our VRSN earnings forecast
.

How were VeriSign's earnings last quarter?

VeriSign, Inc. (NASDAQ:VRSN) issued its quarterly earnings results on Thursday, October, 26th. The information services provider reported $1.83 earnings per share for the quarter, topping analysts' consensus estimates of $1.74 by $0.09. The information services provider had revenue of $376.30 million for the quarter, compared to analysts' expectations of $378.31 million. VeriSign had a negative trailing twelve-month return on equity of 45.68% and a net margin of 49.38%. The firm's quarterly revenue was up 5.4% on a year-over-year basis. During the same period last year, the company earned $1.58 EPS.
Read the conference call transcript
.

What is D. James Bidzos' approval rating as VeriSign's CEO?

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.

What other stocks do shareholders of VeriSign own?

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).

Who are VeriSign's major shareholders?

VeriSign's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Ninety One UK Ltd (5.14%), Principal Financial Group Inc. (2.31%), Morgan Stanley (1.77%), Cantillon Capital Management LLC (1.74%), Wellington Management Group LLP (1.61%) and Invesco Ltd. (1.06%). Insiders that own company stock include D James Bidzos, Danny R Mcpherson, George E Kilguss III, Kathleen A Cote, Medpace Investors, Llc, Thomas C Indelicarto, Thomas F Frist III, Timothy Tomlinson, Todd B Strubbe and Todd B Strubbe.
View institutional ownership trends
.

How do I buy shares of VeriSign?

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.
Compare Top Brokerages Here.

Does VeriSign have any subsidiaries?
The following companies are subsidiares of VeriSign: 1 Global Place, 3united AG, CallVision, Geotrust Europe, H.O. Systems, Illuminet Holdings, Jamba, Kollective Technology, Moreover, Moreover Technologies, Network solution, Signio, SiteRock K.K., Thawte Consulting, UNC-Embratel, Unimobile Inc, inCode Wireless, and m-Qube.
Read More
This page (NASDAQ:VRSN) was last updated on 12/5/2023 by MarketBeat.com Staff

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