U.S. natural gas prices upside likely in 2026 - Morgan Stanley
Verisign Inc . (NASDAQ:VRSN) shares have reached a notable milestone, touching a 52-week high of $243.04. This peak reflects a significant uptrend for the internet infrastructure company, which has seen its stock value surge by 29.34% over the past year. The $23.14 billion market cap company maintains impressive gross profit margins of 87.71%, while delivering steady revenue growth of 4.31%. Investors have shown increased confidence in Verisign’s business model and growth prospects, propelling the stock to new heights. Trading at a P/E ratio of 30.46, InvestingPro analysis suggests the stock may be slightly overvalued at current levels. The company’s robust performance and strategic initiatives appear to be key drivers behind the impressive 1-year change, signaling strong market approval. For deeper insights, investors can access 15+ additional ProTips and comprehensive analysis through InvestingPro’s detailed research report.
In other recent news, VeriSign announced a $500 million senior notes offering, with the proceeds intended to refinance its existing debt maturing in 2025. The offering, involving 5.250% Senior Notes due 2032, was underwritten by J.P. Morgan Securities, BofA Securities, and U.S. Bancorp (BVMF:USBC34) Investments. This financial move is part of VeriSign’s strategy to manage its capital structure effectively amid dynamic market conditions. Meanwhile, Citi analyst Ygal Arounian raised the price target for VeriSign stock to $260 from $250, maintaining a Buy rating. This adjustment follows robust fourth-quarter results and favorable fiscal year 2025 guidance. VeriSign reported significant growth in new domain registrations, marking the highest increase since mid-2021. The company also experienced a notable rise in .com domain registrations, ending a 16-month period without sequential growth. Analysts at Citi have placed a 90-day upside Catalyst Watch on the stock, anticipating further improvements in VeriSign’s performance.
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