The substantial increase in VeriSign's consensus price target is primarily driven by higher future P/E and upgraded revenue growth forecasts, resulting in a new analyst target of $309.00.
What's in the News
- VeriSign completed a follow-on equity offering, issuing 4.3 million shares at $285 per share, raising $1.2255 billion.
- The company increased its remaining share buyback authorization to $1.5 billion.
- During Q2 2025, VeriSign repurchased 614,000 shares for $162.52 million; cumulative repurchases since 2015 total 55.15 million shares for $8.15 billion.
- Updated 2025 guidance expects revenue between $1.645 billion and $1.655 billion and operating income between $1.117 billion and $1.127 billion.
- VeriSign was dropped from multiple Russell growth and midcap indices.
- Shareholders approved a bylaw amendment to limit certain officers’ liability as allowed under Delaware law.
Valuation Changes
Summary of Valuation Changes for VeriSign
- The Consensus Analyst Price Target has significantly risen from $245.87 to $309.00.
- The Future P/E for VeriSign has significantly risen from 25.80x to 31.16x.
- The Consensus Revenue Growth forecasts for VeriSign has significantly risen from 5.7% per annum to 6.4% per annum.
Disclaimer
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