VeriSign Upgraded to Zacks Rank #2 Buy on Rising Earnings Estimates

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Summary · why it matters

VeriSign has been upgraded to a Zacks Rank #2 (Buy), placing the internet infrastructure services provider in the top 20% of the more than 4,000 stocks covered by the Zacks rating system in terms of earnings estimate revisions. The upgrade reflects a steady rise in analyst estimates, with the Zacks Consensus Estimate for the company climbing 1.3% over the past three months. VeriSign is expected to earn $9.59 per share for the fiscal year ending December 2026, which represents no year-over-year change. Under the Zacks system, only the top 5% of covered stocks receive a Strong Buy rating and the next 15% receive a Buy rating, so the placement signals superior earnings estimate revision momentum. Zacks said the upgrade is essentially a positive comment on VeriSign's earnings outlook that could have a favorable impact on its stock price.

Impact on assets 1

Information Technology▲
VeriSign Inc
VRSN
▲ PositiveCapitalrelevance

VeriSign upgraded to Zacks Rank #2 Buy on rising analyst earnings estimates, a positive valuation/analyst call.

Off-coverage companies 1

Zacks Investment Research, Inc.i
Private± Mixedrelevance