VeriSign (VRSN) Announced Increased Earnings

Simplywall
2025.08.02 22:00
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VeriSign (VRSN) announced an expansion of its buyback authorization and increased earnings in July 2025, alongside a cash dividend declaration. However, the company's share price fell by 5.90% amid broader market challenges, including global tariff uncertainties and disappointing job data. Despite this, VeriSign's total return over the past year was 41.76%, outperforming the US market and IT industry. The current share price of $265.37 is below the analyst consensus target of $309.0, suggesting potential for value growth if revenue forecasts are met.