VeriSign, Inc. (VRSN)

NASDAQ: VRSN · Real-Time Price · USD
198.84
+5.40 (2.79%)
Dec 20, 2024, 4:00 PM EST - Market closed
2.79%
Market Cap 19.11B
Revenue (ttm) 1.54B
Net Income (ttm) 858.90M
Shares Out 96.10M
EPS (ttm) 8.60
PE Ratio 23.11
Forward PE 23.64
Dividend n/a
Ex-Dividend Date n/a
Volume 1,725,372
Open 194.98
Previous Close 193.44
Day's Range 193.95 - 201.00
52-Week Range 167.05 - 208.04
Beta 0.92
Analysts Strong Buy
Price Target 243.00 (+22.21%)
Earnings Date Feb 6, 2025

About 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 thirteen internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which supports global e-commerce. It operates directory for... [Read more]

Sector Technology
IPO Date Jan 29, 1998
Employees 908
Stock Exchange NASDAQ
Ticker Symbol VRSN
Full Company Profile

Financial Performance

In 2023, VeriSign's revenue was $1.49 billion, an increase of 4.79% compared to the previous year's $1.42 billion. Earnings were $817.60 million, an increase of 21.34%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for VRSN stock is "Strong Buy." The 12-month stock price forecast is $243.0, which is an increase of 22.21% from the latest price.

Price Target
$243.0
(22.21% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Warren Accuses Verisign of Web Domain Registration Monopoly

Sen. Elizabeth Warren is calling for an antitrust investigation into the web domain registration business. The Democratic lawmaker from Massachusetts — working with Rep.

26 days ago - PYMNTS

VeriSign: Q3 Doesn't Make It The Right Time To Buy

The Q3 report shows revenue up, high margins, EPS $2.07, but a decrease in the number of domain name registrations which makes the picture mixed. Despite a declining DNB, it still holds roughly 47% of...

7 weeks ago - Seeking Alpha

DNIB.com Reports Internet Has 362.3 Million Domain Name Registrations at the End of the Third Quarter of 2024

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that, according to the latest Doma...

2 months ago - Business Wire

VeriSign, Inc. (VRSN) Q3 2024 Earnings Conference Call Transcript

VeriSign, Inc. (NASDAQ:VRSN) Q3 2024 Earnings Conference Call October 24, 2024 4:30 PM ET Company Participants David Atchley - VP of IR and Corporate Treasurer Jim Bidzos - Executive Chairman, Presid...

2 months ago - Seeking Alpha

VeriSign Q3 revenue rises on strong domain name demand

Internet services firm VeriSign reported a 3.8% rise in third-quarter revenue on Thursday, beating analyst expectations, driven by growing demand for domain name registration as businesses expand thei...

2 months ago - Reuters

Verisign Reports Third Quarter 2024 Results

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the third qua...

2 months ago - Business Wire

VeriSign Stock Vs. Gen Digital

Given its better prospects, we believe VeriSign stock (NASDAQ: VRSN), which provides domain name registry services and internet infrastructure, is a better pick than its industry peer, Gen Digital sto...

Other symbols: GEN
2 months ago - Forbes

Verisign to Report Third Quarter 2024 Financial Results

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the thi...

2 months ago - Business Wire

VeriSign, Inc. (VRSN) Q2 2024 Earnings Call Transcript

VeriSign, Inc. (NASDAQ:VRSN) Q2 2024 Earnings Conference Call July 25, 2024 4:30 PM ET Company Participants David Atchley - Vice President of Investor Relations & Corporate Treasurer Jim Bidzos - Exe...

5 months ago - Seeking Alpha

DNIB.com Reports Internet Has 362.4 Million Domain Name Registrations at the End of the Second Quarter of 2024

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that, according to the latest Doma...

5 months ago - Business Wire

Verisign Reports Second Quarter 2024 Results

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the second qu...

5 months ago - Business Wire

VeriSign: Underfollowed Value Opportunity Yielding A 9.8% Return

VeriSign stocks are undervalued by 20.1% and underfollowed by Wall Street analysts, indicating a potential mispricing. VeriSign boosts a monopolistic mature business model, with high operating margins...

5 months ago - Seeking Alpha

DNIB.com Reports Internet Has 362.4 Million Domain Name Registrations at the End of the First Quarter of 2024

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that, according to the latest Doma...

5 months ago - Business Wire

Will VeriSign Stock Recover To Its 2021 Highs Of Around $250?

VeriSign stock (NASDAQ: VRSN), a domain name provider, currently trades at $175 per share, around 30% below its peak level of $255 seen in December 2021. In comparison, its industry peer – F5 Networks...

6 months ago - Forbes

Verisign to Report Second Quarter 2024 Financial Results

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the sec...

6 months ago - Business Wire

Down 15% This Year Is Verisign Stock A Better Pick Over F5 Networks?

Given its better prospects, we believe Verisign stock (NASDAQ NASDAQ : VRSN), a domain name provider, is a better pick than its industry peer, F5 Networks stock (NASDAQ: FFIV), an application security...

Other symbols: FFIV
7 months ago - Forbes

VeriSign: Hasn't Been This Cheap Since 2018

VeriSign, a domain name registry services provider, has consistently high free cash flow margins and growing revenues for 16 years. Investor interest in VeriSign is low due to the focus on tech compan...

7 months ago - Seeking Alpha

VeriSign, Inc. (VRSN) Q1 2024 Earnings Call Transcript

VeriSign, Inc. (NASDAQ:VRSN) Q1 2024 Results Conference Call April 25, 2024 4:30 PM ET Company Participants David Atchley - VP of IR and Corporate Treasurer Jim Bidzos - Executive Chairman, President...

8 months ago - Seeking Alpha

Verisign's Q1 revenue rises on demand for internet services

Internet services firm VeriSign reported a 5.5% rise in its first-quarter revenue on Thursday, helped by steady demand for domain name registrations as businesses beef up their online presence.

8 months ago - Reuters

Verisign Reports First Quarter 2024 Results

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the first qua...

8 months ago - Business Wire

Verisign to Report First Quarter 2024 Financial Results

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the fir...

9 months ago - Business Wire

DNIB.com Reports Internet Has 359.8 Million Domain Name Registrations at the End of the Fourth Quarter of 2023

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that, according to the latest Doma...

11 months ago - Business Wire

VeriSign, Inc. (VRSN) Q4 2023 Earnings Call Transcript

VeriSign, Inc. (VRSN) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

Verisign beats fourth-quarter revenue estimates on strong internet services demand

Verisign reported a 3% rise its fourth-quarter revenue on Thursday, beating market estimates, on strong demand for its internet services that include registering domain names.

11 months ago - Reuters

Verisign Reports Fourth Quarter and Full Year 2023 Results

RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the fourth qu...

11 months ago - Business Wire