Core Insights - VeriSign, Inc. is a leading global provider of network infrastructure and domain name registry services, holding the exclusive registry for .com and .net domains, which dominate global domain registrations [2] Financial Performance - For Q2 2025, VeriSign reported a net income of $2.21 per share, exceeding Wall Street estimates by one cent, driven by stable demand for domain name registrations as businesses expand their digital presence [3] - The company's revenue for the same quarter was $410 million, slightly below estimates but reflecting a year-over-year increase of 5.9% [3] Market Performance - As of September 24, 2025, VeriSign's stock has risen 37% year-to-date, attributed to strong financial results and favorable trends in the domain name industry [4] - Wall Street analysts have set a one-year average price target of $309 for VeriSign, indicating an upside potential of 8.5% from current levels [4] Investment Context - Renaissance Technologies holds a significant investment in VeriSign, valued at over $943 million as of June 30, 2025, highlighting the company's attractiveness to institutional investors [1]
Here Is What You Need To Know Before Investing In VeriSign, Inc. (VRSN)