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VeriSign, Inc.'s published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.
| Market cap | $26.5B | |
|---|---|---|
| Revenue (ttm) | 1.7B | |
| Net income (ttm) | 849.8M | |
| EPS (ttm) | $9.29 | |
| Shares out | 89.7M | |
| P/E (trailing) | 32.9x | |
| P/E (forward) | 26.9x | |
| Dividend | $3.24 (1.06%) | |
| Volume | 485,733 | |
| Beta | 0.69 |
Recent price action with selectable time range.
| Item | P1 | P2 | P3 | P4 | P5 | Trend |
|---|---|---|---|---|---|---|
| Period | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Trend |
| Revenue | $1.33B | $1.42B | $1.49B | $1.56B | $1.66B | +5.7% |
| Gross profit | $1.14B | $1.22B | $1.30B | $1.37B | $1.46B | +6.5% |
| Operating income | $866.8M | $943.1M | $1.00B | $1.06B | $1.12B | +6.6% |
| Net income | $784.8M | $673.8M | $817.6M | $785.7M | $825.7M | +1.3% |
| EPS (diluted) | $7.00 | $6.24 | $7.92 | $8.00 | $8.81 | +5.9% |
| EBITDA | $913.4M | $1.00B | $1.10B | $1.13B | $1.17B | +6.4% |
| R&D | $80.5M | $85.7M | $91.0M | $96.7M | $103.6M | +6.5% |
| SG&A | $188.4M | $195.4M | $204.2M | $211.1M | $235.7M | +5.8% |
Recent company headlines from major financial publishers.
The base case carries an assigned probability of 60.0% and establishes a target of $233.22, yielding an implied return of -20.4% relative to $293.10. This path assumes contractual wholesale price increases on the core registry continue without regulatory disruption, flowing into revenue over the standard multi-year recognition cycle. Operating margins remain steady near current levels, and systematic share buybacks continue to contract the share count. This case would be disconfirmed if regulatory authorities cap renewal prices or if first-time renewal rates drop persistently through FY2027.
The bull case carries an assigned probability of 20.0% with a target of $273.89, yielding an implied return of -6.6% from $293.10. This scenario envisions an acceleration in digital identity demand driven by artificial intelligence tooling, alongside strong commercial adoption of the new top-level domain where wholesale pricing is completely unconstrained by regulatory price caps. Operating margins expand toward Potential value of $273.89 as incremental domain volume generates near-zero marginal cost. This outcome would be disconfirmed if registrar channel partners fail to market the new namespace effectively or if domain creation velocity slows by the end of FY2027.
| Ke ↓ / g → | 2.5% | 2.8% | 3.0% | 3.3% | 3.5% |
|---|---|---|---|---|---|
| 8.0% | $254 | $261 | $269 | $277 | $287 |
| 8.5% | $238 | $243 | $249 | $256 | $263 |
| 9.0% | $224 | $228 | $233 | $239 | $245 |
| 9.5% | $212 | $215 | $220 | $224 | $229 |
| 10.0% | $201 | $204 | $208 | $211 | $215 |
Upcoming earnings date and setup when available.
The rating each month's published research edition carried. A rating compares the price at analysis with the Fair value; it is not a record of whether the call was right.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 |