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VeriSign Sees Potential Guidance Hike on Domain Growth, Wedbush Says

VeriSign Sees Potential Guidance Hike on Domain Growth, Wedbush Says

MT newswireMT newswire2026/10/19 18:49
02:49 PM EDT, 10/19/2026 (MT Newswires) -- VeriSign (VRSN) is poised for another solid quarter, with resilient domain growth driven in part by artificial intelligence and potential for an increase in its 2026 domain-growth guidance, Wedbush Securities said in a note Monday. The brokerage forecasts 6.4% growth in the domain base in 2026, above the company's guidance range of 5.2% to 6.0%, and sees further growth drivers into 2027 from .com pricing increases, the planned .web launch and a new security product. Wedbush expects the company to benefit from continued demand for domain registrations, with artificial intelligence tools contributing to growth. The investment firm expects the .com price increase to support revenue growth in 2027, alongside contributions from .web. The brokerage also highlighted Verisign's cash generation and share repurchases as factors supporting its outlook. Wedbush maintained an outperform rating and raised its price target to $351 from $341. Shares of VeriSign were up 1.6% in Monday afternoon trading. Price: 307.24, Change: +4.91, Percent Change: +1.62
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