VeriSign, Inc. (VRSN)
NASDAQ: VRSN · Real-Time Price · USD
198.84
+5.40 (2.79%)
Dec 20, 2024, 4:00 PM EST - Market closed
VeriSign Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for VeriSign stock have an average target of 243, with a low estimate of 236 and a high estimate of 250. The average target predicts an increase of 22.21% from the current stock price of 198.84.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for VeriSign stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold → Buy Upgrades $200 → $250 | Hold → Buy | Upgrades | $200 → $250 | +25.73% | Dec 9, 2024 |
| Baird | Baird | Hold Maintains $200 | Hold | Maintains | $200 | +0.58% | Jun 27, 2024 |
| Baird | Baird | Hold Maintains $215 → $200 | Hold | Maintains | $215 → $200 | +0.58% | Apr 26, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $237 → $236 | Strong Buy | Maintains | $237 → $236 | +18.69% | Apr 2, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $238 → $237 | Strong Buy | Maintains | $238 → $237 | +19.19% | Feb 12, 2024 |
Financial Forecast
Revenue This Year
1.59B
from 1.49B
Increased by 6.42%
Revenue Next Year
1.64B
from 1.59B
Increased by 3.46%
EPS This Year
8.18
from 7.90
Increased by 3.55%
EPS Next Year
8.82
from 8.18
Increased by 7.86%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 1.6B | 1.7B | 1.7B | |||
| Avg | 1.6B | 1.6B | 1.7B | |||
| Low | 1.5B | 1.6B | 1.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 9.6% | 6.9% | 6.1% | |||
| Avg | 6.4% | 3.5% | 1.8% | |||
| Low | 2.1% | -1.0% | -2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 8.45 | 9.26 | 9.64 | |||
| Avg | 8.18 | 8.82 | 9.30 | |||
| Low | 7.83 | 8.37 | 8.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 7.0% | 13.2% | 9.3% | |||
| Avg | 3.5% | 7.9% | 5.4% | |||
| Low | -0.9% | 2.3% | -0.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.