Added to YB: 2025-12-11
Pitch date: 2025-10-15
VRSN [bearish]
VeriSign, Inc.
+8.68%
current return
Author Info
No bio for this author
Company Info
VeriSign, Inc., together with its subsidiaries, provides internet infrastructure and domain name registry services that enables internet navigation for various recognized domain names worldwide.
Market Cap
$23.3B
Pitch Price
$264.88
Price Target
133.00 (-45%)
Dividend
1.23%
EV/EBITDA
21.56
P/E
29.26
EV/Sales
15.02
Sector
IT Services
Category
N/A
VeriSign, Inc. - $VRSN (short)
VRSN (short): YTD .Com growth driven by high-churn registrars using ~50% rebates, with growth inflecting down in FY2026E as scaling laws hit. 6 registrars w/ ~14% lower renewal rates (~63% vs 73%) now 12.4% of domains. Google killed parked domain ads (~30% of domains), dropping revenues 85-90%, forcing non-renewal. 25-50% downside as narrative shifts back to melting ice cube.
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