VeriSign, Inc. (VRSN)
NASDAQ: VRSN · IEX Real-Time Price · USD
172.62
+1.87 (1.10%)
May 20, 2024, 4:00 PM EDT - Market closed
VeriSign Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for VeriSign stock have an average target of 227, with a low estimate of 200 and a high estimate of 245. The average target predicts an increase of 31.50% from the current stock price of 172.62.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for VeriSign stock from 3 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 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 2 | 2 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Hold Maintains $215 → $200 | Hold | Maintains | $215 → $200 | +15.86% | Apr 26, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $237 → $236 | Strong Buy | Maintains | $237 → $236 | +36.72% | Apr 2, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $238 → $237 | Strong Buy | Maintains | $238 → $237 | +37.30% | Feb 12, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $252 → $249 | Strong Buy | Maintains | $252 → $249 | +44.25% | Jul 24, 2023 |
| Baird | Baird | Buy → Hold Downgrades $265 → $245 | Buy → Hold | Downgrades | $265 → $245 | +41.93% | Jul 11, 2023 |
Financial Forecast
Revenue This Year
1.60B
from 1.49B
Increased by 7.43%
Revenue Next Year
1.71B
from 1.60B
Increased by 6.42%
EPS This Year
8.08
from 7.90
Increased by 2.27%
EPS Next Year
9.03
from 8.08
Increased by 11.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.7B | 1.8B | 1.8B | 1.9B | 2.0B |
| Avg | 1.6B | 1.7B | 1.8B | 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 | 10.8% | 10.4% | 7.8% | 5.6% | 12.5% |
| Avg | 7.4% | 6.4% | 2.7% | 2.6% | 9.3% |
| Low | 3.0% | 0.7% | -3.3% | -1.4% | 4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.46 | 9.41 | 10.11 | 10.71 | 12.57 |
| Avg | 8.08 | 9.03 | 9.69 | 10.40 | 12.21 |
| Low | 7.69 | 8.58 | 9.17 | 10.00 | 11.73 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.1% | 16.4% | 12.0% | 10.6% | 20.8% |
| Avg | 2.3% | 11.7% | 7.3% | 7.4% | 17.4% |
| Low | -2.7% | 6.1% | 1.6% | 3.2% | 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.