Verisign Inc (VRSN)
Information Technology · Internet Services & Infrastructure · US stock · S&P 500 component
$304.59
▼ -2.66 (0.87%)
Fair valueFair
$253 −17.0% to fair value
$126fair band $215–$306$379
Day's range
$296.95 – $311.54
52-week range
$208.86 – $312.48
Red flags⚠ Negative equity⚠ Negative equity⚠ Negative equity⚠ Negative equity⚠ Negative equity
About Verisign Inc
Verisign operates registry services for internet domain names, and it is the exclusive registry operator for the dot com and dot net domains. It maintains the databases that let internet addresses work and keeps infrastructure running with very high availability. The company earns money from annual fees charged for each domain name registration and renewal, so its revenue is largely recurring. Pricing is subject to agreements with oversight bodies.
Revenue for the last twelve months was $1.7 billion, and it grew by 5.2% a year over three years. The operating margin is 67.9%. Net debt to EBITDA is 0.6 times. It pays a dividend with a yield of 1.1%. Its X-Ray Score is 56 out of 100.
Price chart
52-wk range $208.86 – $312.48Volume 1,313,966Daily, split-adjusted
Vitals
Market cap$27.7B
52-week range$208.86 – $312.48
Volume (last day)1,313,966
P/E (TTM)33.2
EBIT / EV yield4.1%
Free-cash-flow yield3.8%
Dividend yield1.1%
Revenue (TTM)$1.7B
Net income (TTM)$850M
Operating margin67.9%
Return on capital–
Debt incl. leases$1.8B
Cash & securities$1.0B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$253middle half of models $236 – $272
Fair
−17.0% to fair value
Average of the 10 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is Medium, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Price $305
Undervalued < $215Fair $215 – $306Overvalued > $306
P/E multiple
$298
P/S multiple
$256
EV/EBITDA multiple
$274
EV/EBIT multiple
$288
EV/revenue multiple
$267
10-year DCF, EBITDA exit
$229
5-year DCF, EBITDA exit
$267
10-year DCF, revenue exit
$228
5-year DCF, revenue exit
$266
10-year DCF, growth exit · not used
$115
5-year DCF, growth exit · not used
$110
Dividend discount, stable · not used
$59
Dividend discount, multi-stage · not used
$101
Earnings power value
$156
Growth the price implies
26.6%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Strong business at a fair price
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Information Technology peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
43/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield4.1%
Free-cash-flow yield3.8%
Fair value vs price0.8×
Growth
Weak
43/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)5.2%
Growth consistency100%
Profitability
Strong
95/100
Earns high returns on the capital it uses.
See the numbers →
Operating margin67.9%
Gross profitability83.8%
Financial health
Weak
48/100
Balance sheet is more stretched than most peers.
See the numbers →
Piotroski F-Score8 / 9
Net debt / EBITDA0.6×
Interest cover15.3×
Dividends
Weak
38/100
Dividend is modest or less certain than peers.
See the numbers →
Dividend yield1.1%
Dividends vs free cash flow27%
Quarterly results: last 6 quarters
+4.7%
Mar '25
+5.9%
Jun '25
+7.3%
Sep '25
+7.6%
Dec '25
+6.6%
Mar '26
+6.0%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $435M.
Compare with peers
GDDY GoDaddy Inc.58 AKAM Akamai Technologies In...49Other Internet Services & Infrastructure companies by X-Ray Score.
SWOT analysis: Verisign Inc
Strengthsinside the company
- Operating margin of 67.9% is well above the 20.1% median of sector peers, a sign of pricing power or lower costs.
- Operating profit covers interest 15x, so debt costs are a small drag.
- Passes 8 of the 9 Piotroski tests, which points to improving profitability, funding and efficiency.
Weaknessesinside the company
- No clear weakness in the figures we track.
Opportunitiesvaluation and setting
- Dividends use only 27% of free cash flow, which leaves room to raise them.
- Our Market Compass rates the backdrop for Information Technology as favourable.
- Price momentum is strong on the weekly and monthly signals (trends can reverse).
Threatsvaluation and setting
- Our checks raised: Negative equity; Negative equity.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare VRSN with peers and sector
Medians of 74 Information Technology peers and of 74 Information Technology stocks in our universe.
Largest peers (X-Ray Score): NVDA 67, AAPL 53, MSFT 61, AVGO 60, MU 79, AMD 48.
| Metric | VRSN | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 56 | 50 | 50 |
| Valuation | 43 | 52 | 52 |
| Growth | 43 | 54 | 54 |
| Profitability | 95 | 49 | 49 |
| Financial health | 48 | 50 | 50 |
| Dividends | 38 | 51 | 51 |
Sector leaders: highest X-Ray Score in Information Technology
VRSN ranks #26 of 75 in Information Technology by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for VRSN
Each factor is rated by where VRSN stands among the 75 Information Technology stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 7 Good · 8 Average · 3 Bad of 18
Growth: 0 · 1 · 1
Profitability: 3 · 0 · 0
Financial strength: 1 · 2 · 1
Valuation: 0 · 3 · 1
Cash flow: 2 · 2 · 0
Efficiency: 1 · 0 · 0
| Factor | VRSN | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +5.2% | Average beats 39% | +9.7% | – | – |
| Revenue growth, last year | +6.4% | Bad beats 15% | +13.7% | +4.9% | ≈ In line |
| Profitability | |||||
| Gross margin | 88.5% | Good beats 96% | 57.8% | 86.8% | ≈ In line |
| Operating margin | 67.9% | Good beats 98% | 20.3% | 67.0% | ≈ In line |
| Net margin | 49.8% | Good beats 94% | 17.8% | 50.4% | ≈ In line |
| Financial strength | |||||
| Net debt / EBITDA | 0.6x | Average beats 56% | 0.8x | 0.8x | ≈ In line |
| Interest cover | 15.3x | Average beats 46% | 23.0x | 13.3x | ▲ Better |
| Current ratio | 0.59 | Bad beats 5% | 1.57 | 0.83 | ▼ Worse |
| Piotroski F-score | 8 / 9 | Good beats 89% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 32.6x | Average beats 53% | 33.6x | 27.6x | ▼ Worse |
| Price / sales | 16.2x | Bad beats 17% | 6.9x | 14.3x | ▼ Worse |
| EV / EBITDA | 24.0x | Average beats 53% | 24.7x | 21.2x | ▼ Worse |
| Free cash flow yield | 3.8% | Average beats 57% | 3.4% | 3.8% | ≈ In line |
| Cash flow | |||||
| Free cash flow margin | 62.4% | Good beats 99% | 22.3% | 56.4% | ▲ Better |
| Cash from operations / net income | 1.30 | Average beats 40% | 1.39 | 1.15 | ▲ Better |
| Free cash flow growth, 3 years a year | +10.0% | Average beats 40% | +15.4% | – | – |
| Accruals (lower is better) | −13.9% | Good beats 95% | −4.4% | – | – |
| Efficiency | |||||
| Days sales outstanding | 2 days | Good beats 99% | 63 days | 2 days | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 5 Good · ● 6 Average · ● 3 BadCash quality
Earnings backed by cashGood
Free-cash-flow yieldAverage
Risk models
Altman Z''Bad
Piotroski F-ScoreGood
Growth
Free-cash-flow growth (3y)Average
Revenue growth (3y)Average
Growth consistencyGood
Balance sheet
Current ratioBad
Net debt / EBITDAAverage
Interest coverAverage
Valuation
Fair value vs priceBad
EBIT / EV yieldAverage
Profitability
Operating marginGood
Gross profitabilityGood
Each check is graded against the company's sector, not a fixed number. Checklist score 61/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.5B | $1.6B | $1.7B |
| Operating income | $867M | $943M | $1.0B | $1.1B | $1.1B |
| Net income | $785M | $674M | $818M | $786M | $826M |
| Operating cash flow | $807M | $831M | $854M | $903M | $1.1B |
| Operating margin | 65.3% | 66.2% | 67.0% | 67.9% | 67.7% |
| Free cash flow | $754M | $804M | $808M | $875M | $1.1B |
| Diluted EPS | $7.00 | $6.24 | – | – | – |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 4 neutral · 0 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 304.1 | Bullish |
| EMA 10 | 303.1 | Bullish |
| SMA 20 | 296.2 | Bullish |
| EMA 20 | 299.7 | Bullish |
| SMA 50 | 292.7 | Bullish |
| EMA 50 | 293.5 | Bullish |
| SMA 100 | 283.5 | Bullish |
| EMA 100 | 286.0 | Bullish |
| SMA 200 | 268.9 | Bullish |
| EMA 200 | 275.5 | Bullish |
Oscillators (daily)
| RSI (14) | 59.77 | Neutral |
| MACD (12, 26) | 4.10 | Bullish |
| Momentum (12) | 3.92 | Bullish |
| Stochastic %K (14) | 71.55 | Neutral |
| Williams %R (14) | -28.45 | Neutral |
| CCI (20) | 68.08 | Neutral |
Pivot points (classic, last session)
S3 282.6 | S2 289.8 | S1 297.2 | Pivot 304.4 | R1 311.8 | R2 318.9 | R3 326.4 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
3.20 USD
Yield on today's price
1.05%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.8100 | |
| 0.8100 | |
| 0.8100 | |
| 0.7700 | |
| 0.7700 | |
| 0.7700 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold VRSN
| ETF | Share of the fund |
|---|---|
| OMAH VistaShares Target 15 Berkshire Select... | 4.25% |
| RSPT Invesco S&P 500 Equal Weight Technolog... | 1.37% |
| CLSE Convergence Long/Short Equity | 1.22% |
| RPG Invesco S&P 500 Pure Growth | 0.98% |
| COWG Pacer US Large Cap Cash Cows Growth Le... | 0.93% |
| VALQ American Century STOXX U.S. Quality Va... | 0.85% |
| FDN First Trust Dow Jones Internet Index | 0.85% |
| ROUS Hartford Multifactor US Equity | 0.80% |
The eight funds with the largest weight in VRSN among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
VRSN stock splits
VRSN has split its stock 2 times since 1999. The latest was a 2-for-1 split on 7 Dec 1999.
Full VRSN stock split history →VRSN SEC filings
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations
8-KSEC EDGAR
Other events
10-QSEC EDGAR
Quarterly report
8-KSEC EDGAR
Results of operations; Other events
8-KSEC EDGAR
Entered a material agreement
8-KSEC EDGAR
Other events
424B5SEC EDGAR
424B5
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.