Here Is What You Need To Know Before Investing In VeriSign, Inc. (VRSN)

VeriSign, Inc. (NASDAQ:VRSN) is among the Renaissance Technologies Portfolio: 10 Biggest Stocks, with the hedge fund having investments of over $943 million in the company, as of June 30, 2025.

It is a global provider of network infrastructure and domain name registry services, and serves as the sole registry of the .com and .net domains, which combined account for a majority of the global domain registrations.

The company reported a net income of $2.21 per share for Q2 2025, beating Wall Street’s estimates by one cent, amid stable demand for domain name registrations as an increasing number of businesses expand their digital footprints. VeriSign, Inc. (NASDAQ:VRSN)’s revenue was posted at $410 million, which was just shy of estimates, but up 5.9% year-over-year.

The stock is up 37% year-to-date, as of September 24, driven by impressive financials and robust domain name industry trends. Wall Street analysts have a one-year average price target of $309 for VeriSign, Inc. (NASDAQ:VRSN), representing a further upside potential of 8.5%.

While we acknowledge the potential of VRSN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 12 Best Defense Stocks to Buy Right Now and 15 Stocks ChatGPT Predicts Could Make You Wealthy in 5 Years.

Disclosure: None.