VeriSign makes about $6 for every single .com registered
VeriSign collects an average fixed fee of $6.30 each time individuals or businesses register a new .com or .net domain name, or renew the registration of an existing domain name. The Trefis estimate for VeriSign’s stock is $30.87, 62% of which comes from its .com and .net domain registration business. In comparison, VeriSign’s market price was $19.86 on Friday’s close.
VeriSign has agreements with the Internet Corporation for Assigned Names and Numbers (ICANN) that make it the exclusive registry of .com and .net domains. Such agreements are periodically reviewed, and VeriSign has a great record of successfully getting them renewed. Based on past record and after reviewing the agreements, we believe there is minimal risk that VeriSign may not be able to renew or be forced to accept non-exclusive rights for these domains.
VeriSign’s Average Domain Name Fee has trended up from an average of $5.20 in 2005 and is expected to continue increasing due to scheduled fee increases under agreements with ICANN.
- Despite 40% Rise This Year Is Akamai Stock A Better Pick Than VeriSign?
- Is FirstEnergy A Better Pick Than Verisign Stock?
- How Has VeriSign Stock Performed During The 2022-23 Inflation Shock?
- What’s Next For VeriSign Stock After A 20% Fall Since 2021?
- Forecast Of The Day: Verisign’s Number Of Domain Registrations
- Verisign Stock Has Underperformed Despite Steady Sales Growth – Here’s Why
Within VeriSign’s content on our platform, you can see how VeriSign’s stock price would be impacted if a more competitive domain name environment lead to declines in the Average Domain Name Fee.