Virginia-based VeriSign, Inc. (VRSN) is a leading provider of domain name registry services and internet infrastructure that enables internet navigation for various recognized domain names. Valued at $22.9 billion by market cap, the company enables the security, stability, and resiliency of key internet infrastructure and services, as well as provides root zone maintainer services.
The global provider of critical internet infrastructure and domain name registry services is expected to announce its fiscal first-quarter earnings for 2026 shortly. Ahead of the event, analysts expect VRSN to report a profit of $2.38 per share on a diluted basis, up 13.3% from $2.10 per share in the year-ago quarter.
For the current year, analysts expect VRSN to report EPS of $9.68, up 9.9% from $8.81 in fiscal 2025. Its EPS is expected to rise 9.7% year over year to $10.62 in fiscal 2027.
VRSN shares have plunged 1% over the past year, trailing the S&P 500 Index’s ($SPX) 17% gains and the State Street Technology Select Sector SPDR Fund’s (XLK) 28.8% gains over the same time frame.
VeriSign has underperformed the broader market over the past year due to slowing growth in its core domain registration business, which is mature and expanding only at low single-digit rates. Investor sentiment was further impacted by earnings pressure from rising costs and increased capital expenditure, along with occasional earnings misses.
Analysts’ consensus opinion on VRSN stock is moderately bullish, with a “Moderate Buy” rating overall. Out of four analysts covering the stock, two advise a “Strong Buy” rating, and two give a “Hold.” VRSN’s average analyst price target is $285.67, indicating a potential upside of 15% from the current levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
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