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VRSNVeriSign, Inc.Sell5.1·$256.43+0.21%
SellModerate Confidence
Investment thesis

VeriSign operates a near-monopoly in .com and .net domain name registries with 50% net margins, a Rule of 40 score of 55, and a Piotroski F-Score of 8/9 — a genuinely rare combination of quality and regulatory moat — but the stock has already reached and passed its analyst price target, offering negative near-term upside at $272.96 versus a $273 target.

Thesis pillars

  • Monopoly Margins QualityStable
  • Product Concentration Regulatory RiskStable
  • Technical Oversold Vs Rich ValuationStable
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

VeriSign, Inc. (VRSN) Stock Analysis

Temporary headwind edge

SellVALUE-TRAP 1/5Moderate Confidence

Technology · Software - Infrastructure

Sell if holding. At $256.43, A.R:R 0.5:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 3.4%; Concentration risk — Product: .com and .net gTLD registries.

VeriSign operates the authoritative registry for .com, .net, .name, and .cc top-level domains under agreements with ICANN and the U.S. Department of Commerce, processing hundreds of billions of DNS transactions daily. Revenue comes from annual domain name registration fees; .com... Read more

$256.43+3.4% A.UpsideScore 5.1/10#88 of 110 Software - Infrastructure
QualityF-score8 / 9FCF yield3.46%
IncomeYield1.26%Payout34.48%sustainable
Stop $239.93Target $265.20(analyst − 15%)A.R:R 0.5:1
Analyst target$312.00+21.7%4 analysts
$265.20our TP
$256.43price
$312.00mean
$355

Sell if holding. At $256.43, A.R:R 0.5:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 3.4%; Concentration risk — Product: .com and .net gTLD registries. Chart setup: No clear chart pattern; technical signals are mixed. Score 5.1/10, moderate confidence.

Passes 5/8 gates (clean insider activity, news events none recent, earnings proximity 20d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: moderate.

10-K grounded · weekly refresh

About VeriSign, Inc.

About VeriSign, Inc.

VeriSign operates two of the world's thirteen internet root servers and provides authoritative DNS resolution for .com and .net — the registries supporting the majority of global e-commerce — through more than 200 global points of presence. The company processes hundreds of billions of DNS transactions daily and had 928 employees at December 31, 2025. The current .com Registry Agreement, beginning October 26, 2024 and expiring November 30, 2030, permits price increases of up to 7% in each of its final four years.

VeriSign generates revenue through per-domain registration and renewal fees paid by ICANN-accredited registrars, who set retail prices for end users. For .com, VeriSign remits $0.2575 per annual registration to ICANN quarterly; for .net, $0.75 per annual registration; for .name, $0.25 per annual registration. The .net Registry Agreement permits annual price increases of up to 10%, while pricing for .cc and internationalized gTLDs is not subject to the same restrictions as .com and .net. VeriSign also earns fees for back-end technical services for the .edu domain and holds the Root Zone Maintainer role under an agreement with ICANN renewed October 20, 2024 through October 20, 2032. Domain registrations run one to ten years. With 928 employees averaging approximately 11 years of tenure and 93% based in the U.S. — with no U.S. collective bargaining agreements — the cost structure is concentrated in domestic salary and infrastructure.

Show full overview

VeriSign's business depends on two ICANN registry agreements: the .com Registry Agreement (renewal deadline November 30, 2030) and the .net Registry Agreement (renewal deadline July 1, 2029), both carrying presumptive renewal rights that ICANN could deny if VeriSign fails to cure a fundamental and material breach. The Cooperative Agreement with the U.S. Department of Commerce — most recently amended October 26, 2018 and automatically renewed November 30, 2024 — constrains pricing changes and requires content-neutral operation of the .com gTLD. In China, the Ministry of Industry and Information Technology requires separate government-issued licenses for .com, .net, and .cc, and new regulations are already affecting domain registration demand, exposing the company to jurisdictional compliance risk if those licenses are not obtained or renewed.

See also: Technology · Software - Infrastructure

From VeriSign, Inc.'s most recent 10-K filing, extracted June 16, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-06
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Thu, Jul 23, 202620d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
High-quality business
Risks
Concentration risk — Product: .com and .net gTLD registries
Thin upside margin: 3.4%
Expensive valuation

Key Metrics

P/E (TTM)28.3
P/E (Fwd)24.5
Mkt Cap$23.3B
EV/EBITDA21.0
Profit Mgn50.0%
ROE
Rev Growth6.6%
Beta0.69
Dividend1.26%
Rating analysts11

Quality Signals

Piotroski F8/9MoatNarrow

Options Flow

P/C2.24bearish
IV51%elevated

Concentration Risks(10-K Item 1A)

  • HIGHProduct.com and .net gTLD registries
    10-K Item 1A: 'Substantially all of our revenues are derived from our operation of the .com gTLD... as well as our operation of the .net gTLD under our .net Registry Agreement.'

Material Events(8-K, last 90d)

  • 2026-05-21Item 5.02LOW
    Stockholders approved Amendment and Restatement of 2006 Equity Incentive Plan at May 21, 2026 Annual Meeting, extending plan termination to May 21, 2036 with technical and administrative revisions. No officer departure or new officer appointment.
    SEC filing →

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Momentum below the gate floor. Component breakdown shows what dragged the score down.static

Macd
0.0
Obv
1.0
Volume
1.5
Ma Position
4.0
Rsi
8.1
Oversold in uptrend (RSI 29)Volume distribution (falling OBV)Above 200-day MA

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ev Ebitda
0.0
Ps
0.8
Peg Ratio
3.6
Pe
4.6
Analyst Target
5.0
Forward Pe
5.1
Forward P/E: 24.5xPEG: 3.09
GatesMomentum 2.9<4.5A.R:R 0.5 < 1.5@spotExecutive change: officer departure/appointmentInsider activity: OKNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 20d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Moderate
RSI
29 · Oversold
20D MA 50D MA 200D MAGOLDEN CROSSSupport $244.74Resistance $300.19

Price Targets

$240
$265
A.Upside+3.4%
A.R:R0.5:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! momentum at 2.9 (below the engine's 4.5 threshold)
! asymmetry at 0.5 (below the engine's 1.5 threshold)@spot

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-07-23 (20d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is VRSN stock a buy right now?

Sell if holding. At $256.43, A.R:R 0.5:1 is below the 1.5:1 minimum. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Thin upside margin: 3.4%; Concentration risk — Product: .com and .net gTLD registries. Chart setup: No clear chart pattern; technical signals are mixed. Prior stop was $239.93. Score 5.1/10, moderate confidence.

What is the VRSN stock price target?

Take-profit target: $265.20 (+3.4% upside). Prior stop was $239.93. Stop-loss: $239.93.

What are the risks of investing in VRSN?

Concentration risk — Product: .com and .net gTLD registries; Thin upside margin: 3.4%; Expensive valuation.

Is VRSN overvalued or undervalued?

VeriSign, Inc. trades at a P/E of 28.3 (forward 24.5). TrendMatrix value score: 3.5/10. Verdict: Sell.

What do analysts say about VRSN?

11 analysts cover VRSN with a consensus score of 3.9/5. Average price target: $312.

What does VeriSign, Inc. do?VeriSign operates the authoritative registry for .com, .net, .name, and .cc top-level domains under agreements with...

VeriSign operates the authoritative registry for .com, .net, .name, and .cc top-level domains under agreements with ICANN and the U.S. Department of Commerce, processing hundreds of billions of DNS transactions daily. Revenue comes from annual domain name registration fees; .com prices may increase up to 7% in each of the final four years of a six-year term, expiring November 30, 2030. The company had 928 employees at December 31, 2025.

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