VeriSign - VRSN Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for VeriSign in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" VRSN shares.
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2 brokerages have issued 12-month target prices for VeriSign's shares. Their VRSN share price forecasts range from $243.00 to $265.00. On average, they expect the company's stock price to reach $254.00 in the next year. This suggests a possible upside of 16.1% from the stock's current price.
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VeriSign's stock was trading at $205.44 at the beginning of the year. Since then, VRSN stock has increased by 6.5% and is now trading at $218.85.
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VeriSign saw a drop in short interest during the month of January. As of January 15th, there was short interest totaling 1,220,000 shares, a drop of 20.8% from the December 31st total of 1,540,000 shares. Based on an average daily trading volume, of 730,800 shares, the short-interest ratio is presently 1.7 days. Currently, 1.2% of the company's shares are sold short.
View VeriSign's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our VRSN earnings forecast.

VeriSign will be holding an earnings conference call on Thursday, February 9th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

VeriSign, Inc. (NASDAQ:VRSN) released its earnings results on Thursday, October, 28th. The information services provider reported $1.40 earnings per share for the quarter, beating analysts' consensus estimates of $1.35 by $0.05. The information services provider earned $334.24 million during the quarter, compared to the consensus estimate of $332.02 million. VeriSign had a net margin of 59.07% and a negative trailing twelve-month return on equity of 47.71%. VeriSign's revenue was up 5.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.49 earnings per share.
Read the conference call transcript.

VeriSign updated its FY 2022 earnings guidance on Friday, November, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.42 billion-$1.43 billion, compared to the consensus revenue estimate of $1.43 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."

VeriSign's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.22%), Douglas Lane & Associates LLC (0.13%), Gateway Investment Advisers LLC (0.09%), State of Alaska Department of Revenue (0.06%), Cornerstone Wealth Group LLC (0.03%) and Assenagon Asset Management S.A. (0.03%). Insiders that own company stock include D James Bidzos, 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.

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 $218.85.

VeriSign (NASDAQ:VRSN) has a market capitalization of $23.20 billion and generates $1.33 billion in revenue each year. The information services provider earns $784.83 million in net income (profit) each year or $7.52 on an earnings per share basis.

The company employs 902 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.