VeriSign (NASDAQ:VRSN) Price Target Raised to $316.00

VeriSign (NASDAQ:VRSN) had its price target lifted by equities researchers at JPMorgan Chase & Co. from $308.00 to $316.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the information services provider’s stock. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 15.19% from the company’s previous close.

A number of other analysts have also commented on the company. Robert W. Baird raised their price target on VeriSign from $305.00 to $355.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Citigroup upped their price objective on shares of VeriSign from $295.00 to $320.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Wedbush raised their target price on shares of VeriSign from $318.00 to $324.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of VeriSign in a research note on Wednesday, June 24th. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $328.75.

VeriSign Stock Up 4.9%

Shares of VeriSign stock traded up $12.76 during trading on Friday, reaching $274.34. 1,012,675 shares of the stock were exchanged, compared to its average volume of 822,382. The firm has a market cap of $24.96 billion, a price-to-earnings ratio of 30.51 and a beta of 0.71. VeriSign has a 1 year low of $208.86 and a 1 year high of $312.48. The stock’s fifty day moving average is $276.89 and its 200 day moving average is $259.11.

VeriSign (NASDAQ:VRSN) last released its quarterly earnings results on Thursday, July 23rd. The information services provider reported $2.38 EPS for the quarter, beating 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 business had revenue of $434.60 million during the quarter, compared to analyst estimates of $433.19 million. During the same quarter in the prior year, the company posted $2.21 EPS. VeriSign’s quarterly revenue was up 6.0% compared to the same quarter last year. Equities analysts forecast that VeriSign will post 9.45 earnings per share for the current year.

Insider Transactions at VeriSign

In related news, EVP Thomas C. Indelicarto sold 250 shares of VeriSign stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $269.23, for a total transaction of $67,307.50. Following the completion of the transaction, the executive vice president directly owned 36,051 shares of the company’s stock, valued at $9,706,010.73. This trade represents a 0.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO D James Bidzos sold 3,300 shares of the business’s stock in a transaction dated Tuesday, July 7th. The stock was sold at an average price of $266.09, for a total transaction of $878,097.00. Following the sale, the chief executive officer directly owned 422,839 shares in the company, valued at $112,513,229.51. The trade was a 0.77% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 26,300 shares of company stock worth $7,125,942 over the last ninety days. Insiders own 0.56% of the company’s stock.

Institutional Trading of VeriSign

A number of hedge funds have recently made changes to their positions in the stock. Norges Bank purchased a new stake in VeriSign during the 4th quarter valued at about $312,900,000. Hawk Ridge Capital Management LP purchased a new position in shares of VeriSign in the fourth quarter worth $149,686,000. AQR Capital Management LLC raised its stake in shares of VeriSign by 14.1% in the fourth quarter. AQR Capital Management LLC now owns 4,020,169 shares of the information services provider’s stock worth $976,700,000 after purchasing an additional 496,674 shares during the last quarter. UBS Group AG lifted its holdings in shares of VeriSign by 191.6% during the fourth quarter. UBS Group AG now owns 626,570 shares of the information services provider’s stock valued at $152,225,000 after purchasing an additional 411,728 shares in the last quarter. Finally, Balyasny Asset Management L.P. lifted its holdings in shares of VeriSign by 1,035.6% during the third quarter. Balyasny Asset Management L.P. now owns 420,830 shares of the information services provider’s stock valued at $117,651,000 after purchasing an additional 383,771 shares in the last quarter. 92.90% of the stock is owned by institutional investors.

Key Stories Impacting VeriSign

Here are the key news stories impacting VeriSign this week:

• Positive Sentiment: Wedbush raised its price target on VeriSign (VRSN) to $324 from $318 and reiterated an outperform rating, signaling more upside than previously expected. Benzinga
• Positive Sentiment: VeriSign reported Q2 2026 earnings and revenue above estimates, with EPS of $2.38 versus $2.36 expected and revenue of about $435 million, up 6% year over year. Reuters
• Positive Sentiment: The company said it is targeting 2026 domain-base growth of 5.2% to 6%, supported by steady demand for domain names and the expected launch of .web later this year. Seeking Alpha
• Positive Sentiment: VeriSign also announced that .web has been delegated into the DNS root zone, a potential long-term catalyst that could expand its registry business. Business Wire
• Neutral Sentiment: Investors are also parsing the earnings call transcript and presentation for details on margins, capital returns, and management’s outlook, though these items are less likely to move the stock on their own. Seeking Alpha

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.