Analyst Consensus ?
ConsensusBuy15 ratings
Bullish960.0%
Neutral533.3%
Bearish16.7%
VeriSign, Inc. · VRSN · FY2024 Q3 · Calendar Q4 2024
VeriSign: Stable Guidance, but Domain Base Still Under Pressure
The supplied analysis supports a mixed view: resilient infrastructure economics and shareholder returns provide support, but declining registrations and renewal rates challenge the case for near-term organic growth. The key test is whether registrar marketing initiatives improve domain trends without materially increasing costs.
Reported After market closeNASDAQTechnology
$26.94B market cap
100quality score
Earnings scorecard
Reported versus consensus
Reported EPS
$2.07
Consensus $2.01
EPS surprise
+3.0%
Reported versus consensus
Reported revenue
$390.6M
Consensus $394.1M
Revenue surprise
-0.9%
Reported versus consensus
Market reaction
event-close to next-session close
Stock move
-2.1%
Event window
SPY move
-0.0%
Same window
Abnormal move
-2.1%
Stock minus SPY
Volume
1.8×
Versus trailing sessions
Subsequent drift
-0.3%
Up to 20 sessions
VRSNSPY benchmark
Ask FN2 about VRSN FY2024 Q3
Transcript, numbers and history already loaded
Why did VRSN fall 2.1% after beating EPS estimates in FY2024 Q3?What changed in VRSN's guidance and outlook in FY2024 Q3?Give me the bull and bear case for VRSN after FY2024 Q3 earnings.
Free account. Your question opens in FN2 with this report's transcript and numbers attached.
Transcript intelligence
What changed
Compared with the prior-quarter analysis, management continued to emphasize registrar marketing and capital returns, while the current analysis highlights a 72.3% renewal rate, 9.3 million new registrations, and a delayed path toward domain-base growth. Guidance remained maintained, but organic-growth pressure persisted.
Guidance delta
Management maintained full-year 2024 revenue and operating-income guidance; the supplied analysis also describes a 2.9%-2.3% expected domain-base decline and $25-$35 million of capital expenditures.
Key takeaways
- Revenue increased modestly, while weaker registrations and renewal rates reduced the domain base.
- Management is piloting registrar marketing programs, but said the effect may take time to appear.
- Share repurchases and operational stability remain capital-allocation priorities.
- ICANN and NTIA discussions remain important to the .com business outlook.
Management priorities
- Expand and refine registrar marketing programs.
- Maintain operational stability and disciplined capital allocation.
- Monitor the .com registry agreement and related ICANN and NTIA discussions.
- Assess China-market conditions and registration trends.
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Try FN2 freeEarnings History
Estimate
Beat
Miss
Match
Analyst 52W Price Targets
$300.32Current
$215Low
$308.8Average
$380High
Latest persisted target per named analyst; persisted current price from FN2's market snapshot as of Oct 25, 2026. Not an FN2 forecast.
Firm-level rating actions
FMP grade actions identify the grading firm, not a named analyst.
| Firm | Rating | Prior rating | Action | Date |
|---|---|---|---|---|
| Citigroup | Buy | Buy | Maintain | Oct 23, 2026 |
| Wedbush | Outperform | Outperform | Maintain | Oct 19, 2026 |
| JP Morgan | Neutral | Neutral | Maintain | Jul 24, 2026 |
| Baird | Outperform | Outperform | Maintain | Apr 24, 2026 |
| CFRA | Hold | Hold | Maintain | Apr 27, 2020 |
| B. Riley FBR | Buy | Neutral | Upgrade | May 5, 2018 |
| Cowen & Co. | Hold | Hold | Maintain | Oct 2, 2015 |
| Credit Suisse | Underperform | Neutral | Downgrade | Jan 26, 2015 |
| Wells Fargo | Market Perform | Outperform | Downgrade | Jun 27, 2014 |
| B. Riley Securities | Buy | Neutral | Upgrade | Jul 26, 2013 |
| Topeka Capital | Buy | Buy | Maintain | Feb 5, 2013 |
| Topeka | Buy | Buy | Maintain | Feb 5, 2013 |
| First Analysis | Equal Weight | Overweight | Downgrade | Nov 26, 2012 |
| Stifel Nicolaus | Buy | Buy | Maintain | Jul 27, 2012 |
| Stifel | Buy | Buy | Maintain | Jul 27, 2012 |
Named analyst price targets
Upside is calculated against the persisted current price $300.32. FMP does not supply a rating on these named-analyst rows.
| Firm | Analyst | 52W target | Price when posted | Upside | Date |
|---|---|---|---|---|---|
| Robert W. Baird | Rob Oliver | $380 | $304.59 | +26.5% | Oct 23, 2026 |
| Wedbush | Analyst unavailable | $351 | $304.43 | +16.9% | Oct 19, 2026 |
| Wedbush | Analyst unavailable | $341 | $288.28 | +13.5% | Sep 1, 2026 |
| Wedbush | Analyst unavailable | $324 | $261.58 | +7.9% | Jul 24, 2026 |
| Robert W. Baird | Analyst unavailable | $355 | $276.95 | +18.2% | Apr 24, 2026 |
| Robert W. Baird | Analyst unavailable | $325 | $233.01 | +8.2% | Oct 24, 2025 |
| Robert W. Baird | Rob Oliver | $250 | $191.14 | -16.8% | Dec 9, 2024 |
| Citigroup | Ygal Arounian | $215 | $190.64 | -28.4% | Sep 27, 2024 |
| Robert W. Baird | Rob Oliver | $265 | $200.86 | -11.8% | Dec 15, 2022 |
| Citigroup | Analyst unavailable | $243 | $199.69 | -19.1% | Dec 13, 2022 |
| Robert W. Baird | Analyst unavailable | $210 | $182.37 | -30.1% | Apr 29, 2022 |
Track every rating change on VRSN the moment it posts. Free to start.
Start freeCompany context
Snapshot as of publicationVeriSign, Inc., along with its affiliates, provides fundamental internet infrastructure and domain name registration services, which enable global web navigation across numerous recognized online addresses. The company plays a crucial role in upholding the security, stability, and resilience of internet systems and services. This includes its function as the root zone maintainer, operating two of the thirteen internet root servers globally, and delivering essential registration and authoritative lookup services for the widely used .com and .net domains, which are vital for worldwide online commerce. Beyond these, VeriSign also manages the underlying technical systems for several other top-level domains, such as .cc, .gov, .edu, and .name. Its operational scope further encompasses distributed server management, network infrastructure, cybersecurity, and ensuring data integrity. Established in 1995, VeriSign, Inc. maintains its corporate headquarters in Reston, Virginia.
Historical context
All VRSN earningsTechnology peers this season
Latest reports in the same sector| Company | Quarter | EPS surprise | Market move | Headline |
|---|---|---|---|---|
| INFY Infosys Limited | FY2027 Q2 · Calendar Q4 2026 | -4.8% | -6.6% | Infosys trims growth outlook as AI revenue and deal wins accelerate |
| SSNC SS&C Technologies Holdings, Inc. | FY2026 Q3 · Calendar Q4 2026 | +0.6% | +2.8% | SS&C raises 2026 outlook as AI and tokenization support growth |
| ROP Roper Technologies, Inc. | FY2026 Q3 · Calendar Q4 2026 | +1.7% | +9.7% | Roper raises DEPS outlook as AI adoption expands across portfolio |
| TTMI TTM Technologies, Inc. | FY2026 Q3 · Calendar Q4 2026 | +16.8% | -27.7% | TTM Technologies Q3: Record Growth, Higher Investment, More Deal Risk |
| NOK Nokia Oyj | FY2026 Q3 · Calendar Q4 2026 | +25.0% | -14.8% | Nokia Q3: AI and cloud growth lifts margins as cash flow stays negative |
| WDC Western Digital Corporation | FY2027 Q1 · Calendar Q4 2026 | +12.9% | -6.4% | Western Digital pairs strong FY27 Q1 growth with an accelerated HDD roadmap |
Latest beats and misses
Who reports nextBeat on EPS
- FCNCAFY2026 Q3 · October 23, 2026+19.9% EPS+8.2% move
- FCNCNFY2026 Q3 · October 23, 2026+19.9% EPS+0.2% move
- FCNCOFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- FCNCPFY2026 Q3 · October 23, 2026+19.9% EPS+1.0% move
- RDYFY2027 Q2 · October 23, 2026+24.0% EPS-0.2% move
- SLBFY2026 Q3 · October 23, 2026+3.7% EPS+7.1% move
Missed on EPS
- INFYFY2027 Q2 · October 23, 2026-4.8% EPS-6.6% move
- BBDFY2026 Q3 · October 22, 2026-7.7% EPS+3.0% move
- SNAFY2026 Q3 · October 22, 2026-5.9% EPS-3.4% move
- SPOTFY2026 Q3 · October 22, 2026-11.6% EPS+11.1% move
- VRSNFY2026 Q3 · October 22, 2026-2.0% EPS-0.9% move
- HBANMFY2026 Q3 · October 22, 2026-5.3% EPS+0.5% move
Get the VRSN recap when the next report posts
One email per quarter with the scorecard, the market reaction and what changed on the call. No account needed.
Sources
- Earnings call transcript and parsed analysis · 2026-05-11T10:29:34.698584+00:00
- FN2 earnings calendar · 2024-11-10T18:38:36.707185+00:00
- Polygon adjusted daily market bars · 2026-10-25T16:00:43.364333+00:00
- Financial Modeling Prep analyst price-target consensus and quote snapshot · 2026-10-25T16:00:43.361539+00:00
Methodology
Reported and consensus figures come from FN2's earnings event records. Market reaction and volume are calculated from daily adjusted bars around the event; abnormal move subtracts the SPY move over the same window.
Analyst target low, average, and high values are derived at request time from each named analyst's latest persisted FMP target. The current-price marker comes from FN2's persisted market snapshot. They are sell-side estimates, not an FN2 valuation or recommendation.
Transcript intelligence is a structured synthesis of the current and prior earnings-call analyses. Missing values stay missing and are never estimated.
By FN2 Research · Updated · As of 2026-10-25. For educational purposes only; not investment advice.