VeriSign, Inc., together with its subsidiaries, provides domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names worldwide. It enables the security, stability, and resiliency of internet infrastructure and services, including providing root zone maintainer services, operating two of the 13 internet root servers; and offering registration services and authoritative resolution for the .com and .net domains, which support global e-commerce. VeriSign, Inc. was incorporated in 1995 and is headquartered in Reston, Virginia.
IPO Year: 1998
Exchange: NASDAQ
Website: verisign.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
7/11/2023 | $265.00 → $245.00 | Outperform → Neutral | Robert W. Baird |
12/15/2022 | $216.00 → $265.00 | Neutral → Outperform | Robert W. Baird |
12/13/2022 | $243.00 | Buy | Citigroup |
4/29/2022 | $260.00 → $210.00 | Outperform → Neutral | Robert W. Baird |
Evan also named Chairperson of Audit and Risk Committee Nextdoor (NYSE:KIND), the neighborhood network, today announced that Dana Evan has joined its Board of Directors and Audit and Risk Committee, effective October 17, 2023. Evan will serve as an independent member of the Board and will assume the role of Chairperson of the Audit and Risk Committee effective November 7, 2023. Evan is a business leader with a distinguished career as an operating and finance executive, as well as an independent board member in the technology industry. She also served as a Venture Partner at Icon Ventures and brings over 15 years of experience serving on both private and public company boards. Evan cur
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Sentiment continues to be jittery, with the major index futures priming for a lower opening on Thursday as traders look ahead to the first read of second-quarter GDP data and more earnings. The tech space could once again drag the broader market after a few disappointing earnings reports from the likes of Franco-Italian chipmaker STMicroelectronics N.V. (NYSE:STM), which predominantly supplies to the automotive end market, and semiconductor test-equipment company Teradyne, Inc. (NASDAQ:TER). Traders may also stay glued to second-quarter GDP data to confirm the slowdown suggested by some recent data does not point to a hard landing. That said, bond yields are dipping as the market, factori
About 14% of the S&P 500 companies have reported their June quarter earnings and the blended earnings growth rate for the companies constituting the broader index remains healthy. The coming week will see the official start of the tech reporting season, which could potentially decide the fate of the market, which has seen a steep pullback in the recent week. The Week That Was: The tech earnings season had a modest start last week with the earnings report from chip-equipment maker ASML Holding N.V. (NASDAQ:ASML). The stock slumped about 16%, dragged by its weak third-quarter outlook and geopolitical concerns surrounding the China chip ban. Netflix, Inc.’s (NASDAQ:NFLX) guidance disappointe
Baird analyst Robert Oliver maintains VeriSign (NASDAQ:VRSN) with a Neutral and maintains $200 price target.
https://www.economicliberties.us/press-release/ntia-and-doj-must-break-verisigns-monopoly-power-over-domain-names-advocates-urge/
Baird analyst Robert Oliver maintains VeriSign (NASDAQ:VRSN) with a Neutral and lowers the price target from $215 to $200.
VeriSign (NASDAQ:VRSN) reported quarterly earnings of $1.92 per share which beat the analyst consensus estimate of $1.86 by 3.23 percent. This is a 12.94 percent increase over earnings of $1.70 per share from the same period last year. The company reported quarterly sales of $384.30 million which beat the analyst consensus estimate of $381.85 million by 0.64 percent. This is a 5.46 percent increase over sales of $364.40 million the same period last year.
Citigroup analyst Ygal Arounian maintains VeriSign (NASDAQ:VRSN) with a Buy and lowers the price target from $237 to $236.
VeriSign (NASDAQ:VRSN) reported quarterly earnings of $2.60 per share which beat the analyst consensus estimate of $1.86 by 39.78 percent. This is a 52.94 percent increase over earnings of $1.70 per share from the same period last year. The company reported quarterly sales of $380.40 million which beat the analyst consensus estimate of $377.87 million by 0.67 percent. This is a 3.03 percent increase over sales of $369.20 million the same period last year.
Major U.S. stock averages traded on a mixed note at midday in New York, with the S&P 500 grappling with the psychological resistance level of 5,000, while the tech-heavy Nasdaq 100 managed to reach fresh record highs. On a relatively data-thin day, Federal Reserve officials continued to dominate headlines. Richmond Fed President Thomas Barkin said the Fed can take its time in deciding whether to cut rates, aligning his views with those of Fed Chair Jerome Powell. Treasury Secretary Janet Yellen testified before the Senate Banking Committee on Banking, Housing, and Urban Affairs, reiterating the economy’s extraordinary performance during the Biden administration but also highlighting so
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that, according to the latest Domain Name Industry Brief Quarterly Report from DNIB.com, the third quarter of 2024 closed with 362.3 million domain name registrations across all top-level domains (TLDs), a decrease of 0.1 million domain name registrations, or less than 0.05%, compared to the second quarter of 2024. Domain name registrations increased by 3.0 million, or 0.8%, year over year. The .com and .net TLDs had a combined total of 169.6 million domain name registrations in the domain name base at the end of the third quarter of 2024, a decrease of 1.1
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the third quarter of 2024. VeriSign, Inc. and its subsidiaries ("Verisign") reported revenue of $391 million for the third quarter of 2024, up 3.8 percent from the same quarter in 2023. Operating income was $269 million for the third quarter of 2024, compared to $254 million for the same quarter of 2023. Verisign reported net income of $201 million and diluted earnings per share (diluted "EPS") of $2.07 for the third quarter of 2024, compared to net income of $188 million and diluted EPS of $1.83 for the same quarter of 2023. "By conti
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the third quarter will take place on Thursday, Oct. 24, 2024, at 4:30 p.m. (EDT). The earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EDT) that day and will also be available directly from the company's website at https://investor.verisign.com. Verisign will host a live teleconference call on Oct. 24, 2024, at 4:30 p.m. (EDT), which will be accessible by direct dial at (888) 676-VRSN (U.S.) or (786) 789-4797 (international), conference ID: Verisign. A listen-only live webcast of the earni
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that, according to the latest Domain Name Industry Brief Quarterly Report from DNIB.com, the second quarter of 2024 closed with 362.4 million domain name registrations across all top-level domains (TLDs), unchanged compared to the first quarter of 2024. Domain name registrations increased by 5.8 million, or 1.6%, year over year. The .com and .net TLDs had a combined total of 170.6 million domain name registrations in the domain name base at the end of the second quarter of 2024, a decrease of 1.8 million domain name registrations, or 1.1%, compared to the
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the second quarter of 2024. VeriSign, Inc. and its subsidiaries ("Verisign") reported revenue of $387 million for the second quarter of 2024, up 4.1 percent from the same quarter in 2023. Operating income was $266 million for the second quarter of 2024, compared to $249 million for the same quarter of 2023. Verisign reported net income of $199 million and diluted earnings per share (diluted "EPS") of $2.01 for the second quarter of 2024, compared to net income of $186 million and diluted EPS of $1.79 for the same quarter of 2023. "We
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that, according to the latest Domain Name Industry Brief Quarterly Report from DNIB.com, the first quarter of 2024 closed with 362.4 million domain name registrations across all top-level domains (TLDs), an increase of 2.5 million domain name registrations, or 0.7%, compared to the fourth quarter of 2023. Domain name registrations also increased by 7.5 million, or 2.1%, year over year. The .com and .net TLDs had a combined total of 172.5 million domain name registrations in the domain name base at the end of the first quarter of 2024, a decrease of 0.3 mil
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the second quarter will take place on Thursday, July 25, 2024, at 4:30 p.m. (EDT). The earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EDT) that day and will also be available directly from the company's website at https://investor.verisign.com. Verisign will host a live teleconference call on July 25, 2024, at 4:30 p.m. (EDT), which will be accessible by direct dial at (888) 676-VRSN (U.S.) or (786) 789-4783 (international), conference ID: Verisign. A listen-only live webcast of the ear
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the first quarter of 2024. VeriSign, Inc. and its subsidiaries ("Verisign") reported revenue of $384 million for the first quarter of 2024, up 5.5 percent from the same quarter in 2023. Operating income was $259 million for the first quarter of 2024, compared to $241 million for the same quarter of 2023. Verisign reported net income of $194 million and diluted earnings per share (diluted "EPS") of $1.92 for the first quarter of 2024, compared to net income of $179 million and diluted EPS of $1.70 for the same quarter of 2023. "These
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the first quarter will take place on Thursday, April 25, 2024, at 4:30 p.m. (EDT). The earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EDT) that day and will also be available directly from the company's website at https://investor.verisign.com. Verisign will host a live teleconference call on April 25, 2024, at 4:30 p.m. (EDT), which will be accessible by direct dial at (888) 676-VRSN (U.S.) or (786) 789-4783 (international), conference ID: Verisign. A listen-only live webcast of the ea
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that, according to the latest Domain Name Industry Brief Quarterly Report from DNIB.com, the fourth quarter of 2023 closed with 359.8 million domain name registrations across all top-level domains (TLDs), an increase of 0.6 million domain name registrations, or 0.2%, compared to the third quarter of 2023. Domain name registrations also increased by 8.9 million, or 2.5%, year over year. The .com and .net TLDs had a combined total of 172.7 million domain name registrations in the domain name base at the end of the fourth quarter of 2023, a decrease of 1.2 mi
Robert W. Baird downgraded VeriSign from Outperform to Neutral and set a new price target of $245.00 from $265.00 previously
Robert W. Baird upgraded VeriSign from Neutral to Outperform and set a new price target of $265.00 from $216.00 previously
Citigroup initiated coverage of VeriSign with a rating of Buy and set a new price target of $243.00
Robert W. Baird downgraded VeriSign from Outperform to Neutral and set a new price target of $210.00 from $260.00 previously
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the third quarter of 2024. VeriSign, Inc. and its subsidiaries ("Verisign") reported revenue of $391 million for the third quarter of 2024, up 3.8 percent from the same quarter in 2023. Operating income was $269 million for the third quarter of 2024, compared to $254 million for the same quarter of 2023. Verisign reported net income of $201 million and diluted earnings per share (diluted "EPS") of $2.07 for the third quarter of 2024, compared to net income of $188 million and diluted EPS of $1.83 for the same quarter of 2023. "By conti
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the third quarter will take place on Thursday, Oct. 24, 2024, at 4:30 p.m. (EDT). The earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EDT) that day and will also be available directly from the company's website at https://investor.verisign.com. Verisign will host a live teleconference call on Oct. 24, 2024, at 4:30 p.m. (EDT), which will be accessible by direct dial at (888) 676-VRSN (U.S.) or (786) 789-4797 (international), conference ID: Verisign. A listen-only live webcast of the earni
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the second quarter of 2024. VeriSign, Inc. and its subsidiaries ("Verisign") reported revenue of $387 million for the second quarter of 2024, up 4.1 percent from the same quarter in 2023. Operating income was $266 million for the second quarter of 2024, compared to $249 million for the same quarter of 2023. Verisign reported net income of $199 million and diluted earnings per share (diluted "EPS") of $2.01 for the second quarter of 2024, compared to net income of $186 million and diluted EPS of $1.79 for the same quarter of 2023. "We
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the second quarter will take place on Thursday, July 25, 2024, at 4:30 p.m. (EDT). The earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EDT) that day and will also be available directly from the company's website at https://investor.verisign.com. Verisign will host a live teleconference call on July 25, 2024, at 4:30 p.m. (EDT), which will be accessible by direct dial at (888) 676-VRSN (U.S.) or (786) 789-4783 (international), conference ID: Verisign. A listen-only live webcast of the ear
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the first quarter of 2024. VeriSign, Inc. and its subsidiaries ("Verisign") reported revenue of $384 million for the first quarter of 2024, up 5.5 percent from the same quarter in 2023. Operating income was $259 million for the first quarter of 2024, compared to $241 million for the same quarter of 2023. Verisign reported net income of $194 million and diluted earnings per share (diluted "EPS") of $1.92 for the first quarter of 2024, compared to net income of $179 million and diluted EPS of $1.70 for the same quarter of 2023. "These
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the first quarter will take place on Thursday, April 25, 2024, at 4:30 p.m. (EDT). The earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EDT) that day and will also be available directly from the company's website at https://investor.verisign.com. Verisign will host a live teleconference call on April 25, 2024, at 4:30 p.m. (EDT), which will be accessible by direct dial at (888) 676-VRSN (U.S.) or (786) 789-4783 (international), conference ID: Verisign. A listen-only live webcast of the ea
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the fourth quarter and full year 2023. Fourth Quarter Financial Results VeriSign, Inc. and subsidiaries ("Verisign") reported revenue of $380 million for the fourth quarter of 2023, up 3.0 percent from the same quarter in 2022. Operating income was $256 million for the fourth quarter of 2023, compared to $245 million for the same quarter of 2022. Verisign reported net income of $265 million and diluted earnings per share (diluted "EPS") of $2.60 for the fourth quarter of 2023, compared to net income of $179 million and diluted EPS of
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the fourth quarter and full year 2023 will take place on Thursday, Feb. 8, 2024, at 4:30 p.m. (EST). The earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EST) that day and will also be available directly from the company's website at https://investor.verisign.com. Verisign will host a live teleconference call on Feb. 8, 2024, at 4:30 p.m. (EST), which will be accessible by direct dial at (888) 676-VRSN (U.S.) or (786) 789-4797 (international), conference ID: Verisign. A listen-only live w
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the third quarter of 2023. VeriSign, Inc. and its subsidiaries ("Verisign") reported revenue of $376 million for the third quarter of 2023, up 5.4 percent from the same quarter in 2022. Operating income was $254 million for the third quarter of 2023, compared to $237 million for the same quarter of 2022. Verisign reported net income of $188 million and diluted earnings per share (diluted "EPS") of $1.83 for the third quarter of 2023, compared to net income of $169 million and diluted EPS of $1.58 for the same quarter of 2022. "We rem
VeriSign, Inc. (NASDAQ:VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the third quarter 2023 will take place on Thursday, Oct. 26, 2023, at 4:30 p.m. (EDT). The earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EDT) that day and will also be available directly from the company's website at https://investor.verisign.com. Verisign will host a live teleconference call on Oct. 26, 2023, at 4:30 p.m. (EDT), which will be accessible by direct dial at (888) 676-VRSN (U.S.) or (786) 789-4797 (international), conference ID: Verisign. A listen-only live webcast of the