VeriSign (NASDAQ:VRSN – Get Free Report) had its target price increased by equities research analysts at Wedbush from $318.00 to $324.00 in a research report issued to clients and investors on Friday, Marketbeat reports. The brokerage presently has an “outperform” rating on the information services provider’s stock. Wedbush’s price target indicates a potential upside of 23.86% from the stock’s current price.
Other equities research analysts have also issued reports about the stock. JPMorgan Chase & Co. lifted their price target on shares of VeriSign from $285.00 to $308.00 and gave the company a “neutral” rating in a research note on Thursday, June 18th. Robert W. Baird lifted their target price on VeriSign from $305.00 to $355.00 and gave the company an “outperform” rating in a research report on Friday, April 24th. Citigroup upped their target price on VeriSign from $295.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of VeriSign in a research report on Wednesday, June 24th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, VeriSign presently has an average rating of “Moderate Buy” and a consensus price target of $326.75.
View Our Latest Stock Analysis on VeriSign
VeriSign Price Performance
VeriSign (NASDAQ:VRSN – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.36 by $0.02. VeriSign had a negative return on equity of 39.98% and a net margin of 49.95%.The firm had revenue of $434.60 million during the quarter, compared to the consensus estimate of $433.19 million. During the same quarter in the prior year, the firm posted $2.21 EPS. The business’s revenue was up 6.0% on a year-over-year basis. Equities analysts expect that VeriSign will post 9.45 EPS for the current year.
Insiders Place Their Bets
In other news, CEO D James Bidzos sold 3,300 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $297.47, for a total value of $981,651.00. Following the completion of the sale, the chief executive officer directly owned 439,339 shares of the company’s stock, valued at $130,690,172.33. This trade represents a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thomas C. Indelicarto sold 500 shares of VeriSign stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $283.54, for a total value of $141,770.00. Following the transaction, the executive vice president owned 36,551 shares of the company’s stock, valued at $10,363,670.54. This represents a 1.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 26,300 shares of company stock valued at $7,125,942 over the last 90 days. 0.56% of the stock is currently owned by insiders.
Hedge Funds Weigh In On VeriSign
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. DV Equities LLC acquired a new stake in shares of VeriSign during the 4th quarter worth about $28,000. Sunbelt Securities Inc. raised its holdings in VeriSign by 429.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 127 shares of the information services provider’s stock valued at $36,000 after acquiring an additional 103 shares during the period. Advisors Asset Management Inc. lifted its position in VeriSign by 25.3% during the first quarter. Advisors Asset Management Inc. now owns 198 shares of the information services provider’s stock worth $50,000 after acquiring an additional 40 shares during the last quarter. Activest Wealth Management lifted its position in VeriSign by 788.0% during the fourth quarter. Activest Wealth Management now owns 222 shares of the information services provider’s stock worth $54,000 after acquiring an additional 197 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd boosted its holdings in shares of VeriSign by 120.8% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 234 shares of the information services provider’s stock worth $57,000 after acquiring an additional 128 shares during the period. 92.90% of the stock is owned by institutional investors.
VeriSign News Roundup
Here are the key news stories impacting VeriSign this week:
- Positive Sentiment: VeriSign reported Q2 2026 earnings of $2.38 per share, topping estimates, while revenue rose 6% to about $435 million; the beat suggests core domain registry demand remains resilient. VeriSign (VRSN) Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: The company highlighted record domain registrations and said the internet ended Q2 with 401.6 million domain names, reinforcing the strength of its registry business. DNIB.com Reports Internet Has 401.6 Million Domain Name Registrations at the End of the Second Quarter of 2026
- Positive Sentiment: VeriSign also announced the delegation of .web, with the company designated as the registry operator, a potential long-term catalyst for domain growth and revenue. Verisign Announces Delegation of .Web
- Neutral Sentiment: Management guided 2026 revenue to roughly $1.7 billion-$1.8 billion and projected 2026 domain base growth of 5.2%-6%, indicating continued growth but not a dramatic step-up versus current expectations. VeriSign targets 5.2%-6% 2026 domain base growth as .web is set to launch later this year
- Neutral Sentiment: Investors are also digesting transcripts and call highlights from the earnings report, which generally reiterate the company’s stable cash-generating profile and steady operating performance. Full Transcript: VeriSign Q2 2026 Earnings Call
VeriSign Company Profile
VeriSign, Inc (NASDAQ: VRSN) is an internet infrastructure company that operates critical components of the global Domain Name System (DNS) and provides cybersecurity-related services. The company is best known as the authoritative registry operator for the .com and .net top-level domains, maintaining the central databases and zone files that enable domain name resolution for millions of websites. VeriSign’s registry role is performed under contractual agreements with Internet Corporation for Assigned Names and Numbers (ICANN) and involves high-availability, highly secure operations to support continuous internet connectivity.
In addition to its registry business, VeriSign offers a suite of services designed to protect and accelerate DNS and internet traffic for enterprises and service providers.
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