VeriSign, Inc. (VRSN)
NASDAQ: VRSN · IEX Real-Time Price · USD
189.51
+0.41 (0.22%)
At close: Mar 28, 2024, 4:00 PM
192.12
+2.61 (1.38%)
After-hours: Mar 28, 2024, 6:12 PM EDT
VeriSign Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for VeriSign stock have an average target of 241, with a low estimate of 237 and a high estimate of 245. The average target predicts an increase of 27.17% from the current stock price of 189.51.
Analyst Consensus: Buy
* Price targets were last updated on Feb 12, 2024.
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 | Oct '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Citigroup | Citigroup | Strong Buy Maintains $238 → $237 | Strong Buy | Maintains | $238 → $237 | +25.06% | Feb 12, 2024 |
Citigroup | Citigroup | Strong Buy Maintains $252 → $249 | Strong Buy | Maintains | $252 → $249 | +31.39% | Jul 24, 2023 |
Baird | Baird | Buy → Hold Downgrades $265 → $245 | Buy → Hold | Downgrades | $265 → $245 | +29.28% | Jul 11, 2023 |
Citigroup | Citigroup | Strong Buy Maintains $252 | Strong Buy | Maintains | $252 | +32.97% | Apr 28, 2023 |
Citigroup | Citigroup | Strong Buy Maintains $243 → $252 | Strong Buy | Maintains | $243 → $252 | +32.97% | Feb 13, 2023 |
Financial Forecast
Revenue This Year
1.61B
from 1.49B
Increased by 7.49%
Revenue Next Year
1.71B
from 1.61B
Increased by 6.42%
EPS This Year
8.08
from 7.90
Increased by 2.32%
EPS Next Year
9.03
from 8.08
Increased by 11.76%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.7B | 1.8B | 1.8B | 2.0B | 2.2B |
Avg | 1.6B | 1.7B | 1.8B | 1.9B | 2.1B |
Low | 1.5B | 1.6B | 1.7B | 1.8B | 2.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 10.8% | 10.5% | 7.9% | 12.0% | 13.9% |
Avg | 7.5% | 6.4% | 2.8% | 7.6% | 9.3% |
Low | 3.2% | 0.6% | -3.3% | 2.3% | 3.8% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 8.46 | 9.41 | 10.14 | 11.27 | 13.14 |
Avg | 8.08 | 9.03 | 9.70 | 10.94 | 12.76 |
Low | 7.70 | 8.58 | 9.17 | 10.52 | 12.26 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 7.1% | 16.4% | 12.2% | 16.2% | 20.0% |
Avg | 2.3% | 11.8% | 7.3% | 12.9% | 16.6% |
Low | -2.6% | 6.1% | 1.5% | 8.4% | 12.0% |
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.