VRSN VERISIGN INC/CA

MIXED Impact: 3/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-VRSN-baird-20241209
2 firms acted on VRSN: JP Morgan, Baird
Latest settled — T+20d
VRSN ▲ +7.77% at T+20d
NEUTRAL call ✓ call won +7.77% · α vs SPY +1.96% · entry $273.85 → $295.14
Next anchor: T+60d in 5w
Currently $288.25 · +5.26% from $273.85 entry
Entry anchored
Apr 16, 03:56 PM ET
via Databento tick
T+1d
+0.07%
call +0.07% · α -1.14%
$274.05
settled 8w ago
T+5d
+1.13%
call +1.13% · α +0.15%
$276.95
settled 7w ago
T+20d
+7.77%
call +7.77% · α +1.96%
$295.14
settled 27d ago
T+60d
call — · α —
in 5w

Price Chart

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Executive Summary

Baird upgraded VeriSign (VRSN) to Outperform from Neutral on December 9, 2024, raising its price target to $250 from $200, a 25% increase. The stock currently trades at $275.26, 10.1% above Baird’s new target. Baird has a top-tier accuracy rate of 83% (5/6 calls correct), well above the 54% industry average. Consensus price target stands at $280.75 (mean), with a high of $305. No analyst upgrades or downgrades in the past 30 days. EPS estimates show minor upward revisions in the past 30 days for +1q, 0y, and 0q periods. Institutional activity is mixed: Norges Bank initiated a $313M position, while Mawer exited. Insider selling by Thomas Indelicarto totaled $473K in the past month. Earnings due in 9 days.

Impact Score

Base Score
2/7
LLM Adjustment
+1
Final Score
3/10

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-04-02 Citigroup maintain Buy
2026-02-09 Citigroup maintain Buy $280.00
2026-01-06 JP Morgan maintain Neutral $271.00
2025-10-28 JP Morgan initiate Neutral $270.00
2025-07-01 Baird maintain Outperform $305.00
2025-04-25 Baird maintain Outperform $285.00
2025-04-01 Baird maintain Outperform $275.00
2025-02-04 Citigroup maintain Buy $250.00
2025-01-03 Citigroup maintain Buy $238.00
2024-12-09 Baird upgrade Outperform $250.00

Zero upgrades or downgrades in the past 30 days. EPS estimates show slight momentum: +1q EPS revised up from 2.31008 to 2.31135 over 30 days (1 revision up, none down). 0y EPS similarly revised up from 9.312 to 9.31248. +1y EPS declined slightly from 10.115 to 10.09062 over 30 days with no recent revisions.

Firm Track Record — Baird

Baird accuracy: 54% on 2555 calls | avg return: 4%

Industry benchmark: mean 51% ± 11%. Top tier: ≥61% (mean + 1σ). Based on 2 firms with ≥5 scored calls.

FirmAccuracyCallsAvg Returnvs Average
Baird 83% 5/6 8.9% top tier
Citigroup 67% 2/3 15.4% top tier

Baird has an 83% accuracy rate (5/6 calls correct) on VRSN, with an average return of +8.9%, ranking in the top tier. Citigroup follows at 67% (2/3) with +15.4% avg return. The broader analyst pool has a 54% accuracy rate (1388/2555). Baird’s track record gives weight to its call despite contrarian positioning.

Earnings Estimates

Next earnings: Apr 23, 2026

PeriodEPS Est.EPS RangeRevenueRevisions (7d)
+1q $2.31 $2.26 — $2.36 $431.7M ↑1 ↓0
0y $9.31 $9.16 — $9.39 $1.7B ↑1 ↓0
0q $2.25 $2.20 — $2.29 $426.9M ↑1 ↓0
+1y $10.09 $9.93 — $10.30 $1.8B ↑0 ↓0

Cross-Platform Signals

Insider Trades (90d)
1 buys / 4 sells
Institutional
WELLS FARGO & COMPANY/MN — doubled (214.4%)
Institutional
NORGES BANK — new
Institutional
Mawer Investment Management Ltd. — exit (-100%)

Institutional activity is divergent: Norges Bank initiated a $313M position and Wells Fargo doubled its stake (+214.4%), while Mawer Investment fully exited. Two Sigma and Bank of America added significantly. Insider activity shows net selling: Thomas Indelicarto sold $473K in the past month. No congressional trades. Institutional accumulation contrasts with insider distribution and analyst upgrade at a below-market price target.

Actionable Insight

Baird’s high-accuracy upgrade is contrarian given VRSN trades above its $250 target. With earnings in 9 days and institutional inflows offsetting insider selling, monitor for earnings-driven breakout. Position size cautiously given valuation above Baird’s target and mixed signals.

Documents Analyzed

Report based on filing metadata.

7 reports for VRSN
Performance horizon
Filters
Rows
Reports for VRSN — sortable, filterable
Type Now
Jun 3, 2026
6d ago
Insider Cluster
NEUTRAL ★ 2/10
$293.79 $294.92▲ +0.38%▲ +2.98%$288.25 (−1.89%)
May 21, 2026
19d ago
8-K
NEUTRAL ★ 2/10
$310.00 $306.86▼ −1.01%▼ −1.60%$288.25 (−7.02%)
May 16, 2026
24d ago
ANALYST-UPGRADE
MIXED ★ 4/10
$197.46 $197.53▲ +0.03%▲ +0.34%$288.25 (+45.98%)
Apr 23, 2026
6w ago
8-K
NEUTRAL ★ 4/10
$269.20 $267.90▼ −0.48%▼ −0.65%$288.25 (+7.08%)
Apr 16, 2026
7w ago
ANALYST-UPGRADE
MIXED ★ 3/10
$273.85 $274.05▲ +0.07%▼ −1.14%$288.25 (+5.26%)
Apr 10, 2026
8w ago
DEFA14A
NEUTRAL ★ 2/10
$271.44 $268.34▼ −1.14%▼ −2.35%$288.25 (+6.19%)
Feb 27, 2026
14w ago
Insider Cluster
NEUTRAL ★ 3/10
$227.94 $228.05▲ +0.05%▼ −0.01%$288.25 (+26.46%)
Showing 7 of 7

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