VeriSign, Inc. (VRSN)
NASDAQ: VRSN · IEX Real-Time Price · USD
177.18
-0.45 (-0.25%)
At close: Jul 19, 2024, 4:00 PM
178.40
+1.22 (0.69%)
Pre-market: Jul 22, 2024, 7:06 AM EDT
VeriSign Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for VeriSign stock have an average target of 218, with a low estimate of 200 and a high estimate of 236. The average target predicts an increase of 23.04% from the current stock price of 177.18.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for VeriSign stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 3 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $200 | Hold | Maintains | $200 | +12.88% | Jun 27, 2024 |
| Baird | Baird | Hold Maintains $215 → $200 | Hold | Maintains | $215 → $200 | +12.88% | Apr 26, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $237 → $236 | Strong Buy | Maintains | $237 → $236 | +33.20% | Apr 2, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $238 → $237 | Strong Buy | Maintains | $238 → $237 | +33.76% | Feb 12, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $252 → $249 | Strong Buy | Maintains | $252 → $249 | +40.54% | Jul 24, 2023 |
Financial Forecast
Revenue This Year
1.60B
from 1.49B
Increased by 7.09%
Revenue Next Year
1.68B
from 1.60B
Increased by 5.07%
EPS This Year
8.05
from 7.90
Increased by 1.95%
EPS Next Year
8.82
from 8.05
Increased by 9.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.7B | 1.7B | 1.8B | 1.9B | 2.0B |
| Avg | 1.6B | 1.7B | 1.7B | 1.8B | 2.0B |
| Low | 1.5B | 1.6B | 1.7B | 1.7B | 1.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.9% | 8.7% | 6.3% | 7.1% | 12.5% |
| Avg | 7.1% | 5.1% | 2.9% | 4.0% | 9.3% |
| Low | 2.5% | 0.2% | -1.5% | - | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.30 | 9.08 | 9.83 | 10.71 | 12.57 |
| Avg | 8.05 | 8.82 | 9.55 | 10.40 | 12.21 |
| Low | 7.73 | 8.47 | 9.17 | 10.00 | 11.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.0% | 12.8% | 11.4% | 12.2% | 20.8% |
| Avg | 2.0% | 9.5% | 8.2% | 9.0% | 17.4% |
| Low | -2.1% | 5.1% | 4.0% | 4.7% | 12.8% |
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.