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
Target Low Average Median High
Price $237 $241 $245 $245
Change +25.06% +27.17% +29.28% +29.28%
* 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 '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 111111
Buy 000000
Hold 222211
Sell 000000
Strong Sell 000000
Total 333322

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
Hold
Downgrades
$265$245
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
More Analyst Ratings

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%
Year 2019202020212022202320242025202620272028
Revenue
1.23B1.27B1.33B1.42B1.49B1.61B1.71B1.76B1.89B2.07B
Revenue Growth
1.37%2.71%4.94%7.33%4.79%7.49%6.42%2.75%7.64%9.32%
EPS
5.157.077.006.247.908.089.039.7010.9412.76
EPS Growth
8.42%37.28%-0.99%-10.86%26.60%2.32%11.76%7.33%12.87%16.59%
No. Analysts -----55433
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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 20242025202620272028
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.