VeriSign, Inc. (VRSN) Reports Results for Q2 2025; Baird Raises PT to $340

VeriSign, Inc. (NASDAQ:VRSN) is included in our list of the 11 Hot Software Stocks to Buy Now.

VeriSign, Inc. (VRSN) Reports Results for Q2 2025; Baird Raises PT to $340

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A day after its earnings release, on July 25, 2025, Baird raised its price target on VeriSign, Inc. (NASDAQ:VRSN) from $305 to $340, maintaining an ‘Outperform’ rating.

VeriSign, Inc. (NASDAQ:VRSN)’s EPS, which stood at $2.21 during the quarter, slightly missed the $2.24 consensus. Improving domain registration trends and stronger renewal rates, particularly in Asia-Pacific, resulted in a 5.9% revenue growth, bringing it to $410 million. The company ended the quarter with 170.5 million .com and .net domain names, which is an increase of 660,000 compared to last quarter.

Looking ahead, VeriSign, Inc. (NASDAQ:VRSN) raised its full-year domain base growth outlook to 1.2%-2.0%. Furthermore, during the quarter, the company returned $235 million to shareholders through dividends and buybacks, expanding its repurchase authorization to $1.5 billion. VeriSign maintains its focus on stability and security, as evident from the fact that this year marks 28 consecutive years of 100% DNS availability. For the full year, it expects $1.645-$1.655 billion in revenue and $1.117-$1.127 billion in operating income.

VeriSign, Inc. (NASDAQ:VRSN) delivers critical internet infrastructure, including the .com and .net domain registries. It is included in our list of the hot stocks to buy.

While we acknowledge the potential of VRSN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than VRSN and that has 100x upside potential, check out our report about this cheapest AI stock.

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