Forecast Of The Day: Verisign’s Number Of Domain Registrations

+2.87%
Upside
197
Market
203
Trefis
VRSN: Verisign CA logo
VRSN
Verisign CA

What?

Verisign’s (NASDAQ:VRSN) Number of .com and .net domain registrations rose from around 159 million in 2019 to about 187 million in 2021. Trefis expects the metric to grow to about 208 million by 2024.

Why?

Relevant Articles
  1. Verisign Stock Has Underperformed Despite Steady Sales Growth – Here’s Why
  2. Verisign Stock Has Outperformed The Broader Markets Since 2017- Here’s Why
  3. Here’s Why Verisign Stock Has Underperformed The S&P Since 2020
  4. After Consistently Underperforming The S&P, Verisign Stock Looks Set To Bounce Back
  5. Can Verisign Stock Continue Beating The Market?
  6. You Should Read This Before Buying NetApp Stock

Verisign holds a prime position in the highly regulated .com and .net domain industries. As more companies look to digitally grow their business, we expect Verisign’s business to grow as well.

So What?

However, we think that the projected growth is priced into VRSN stock. We value VRSN at about $203, roughly in line with the current market price.

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

Returns Nov 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 VRSN Return -2% -23% 157%
 S&P 500 Return 2% -17% 76%
 Trefis Multi-Strategy Portfolio 3% -20% 218%

[1] Month-to-date and year-to-date as of 11/18/2022
[2] Cumulative total returns since the end of 2016

Invest with Trefis Market-Beating Portfolios

See all Trefis Price Estimates