Citigroup Raises VeriSign (VRSN) Price Target to $345

By TradeTexts Research Desk Oct 23, 2026, 5:16 PM EDT

Key Points

Citigroup reiterated its Buy rating on VeriSign, Inc. on October 23, 2026, boosting its price target to $345 from $325.
Citigroup's $345 price target implies 14.88% upside from VeriSign, Inc.'s ($VRSN) current $300.32 share price.
VeriSign recently traded around $300.32, sitting above its 50-day moving average of $292.73 and its 200-day moving average of $269.89.
CEO Demetrios James Bidzos completed multiple share sales totaling 13,200 shares across September and October 2026.

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Citigroup maintained its Buy rating on VeriSign, Inc. VRSN on October 23, 2026, while lifting its price target to $345 from $325. The update from Citigroup arrives as the infrastructure software provider trades below both its new target and the broader analyst consensus mean of $327.40.

VRSN VeriSign, Inc.

$300.32 +26.03% year to date

Daily close · Oct 23, 2026

Analyst rating track record

Citigroup vs. the S&P 500

YTD return -2.19% hypothetical

All-time return -2.19% S&P 500 +0.38%

vs. S&P 500 -2.57% behind the index

Hypothetical returns from Citigroup's disclosed trades, not real profit or advice. How we model this.

Citigroup's Call on VeriSign

In its research note on October 23, 2026, Citigroup kept a Buy rating on VeriSign and raised its target to $345 from $325. Prior to this update, Wedbush maintained an Outperform rating on October 19, 2026, and lifted its target to $351 from $341. Across five analyst opinions, the stock carries a buy recommendation.

Other Institutional Activity in VeriSign

AQR Capital Management, LLC grew its holdings by 1,197,405 shares, ending with 4,949,848 shares worth about $1.49 billion as of June 30, 2026. Renaissance Technologies, LLC reduced its stake by 368,325 shares, ending with 2,449,771 shares valued at about $735.7 million. Ninety One UK Ltd trimmed its position by 74,905 shares, closing the period ended September 30, 2026, with 2,000,022 shares worth approximately $600.6 million. Berkshire Hathaway, Inc held steady with 8,989,880 shares valued at roughly $2.70 billion.

VeriSign, Inc. Stock Down 2.3%

VeriSign closed at $300.32 on October 23, 2026, matching its recent trading price. That level places the stock about equal to its close on the rating date, up 2.6% above its 50-day moving average of $292.73, and up 11.3% above its 200-day moving average of $269.89. The shares trade 3.9% below their 52-week high of $312.48 and 43.8% above their 52-week low of $208.86.

12-month forecast

$VRSN price target

VeriSign, Inc. daily closes and this analyst's $345 target. Not advice.

Recent Earnings

VeriSign reported trailing twelve-month revenue of $1.71 billion alongside trailing earnings of $9.13 per share. The company maintains a net profit margin of 49.8% and year-over-year revenue growth of 6.0%. Its next earnings report is scheduled for release on February 4, 2027.

Dividend

The company pays an annual dividend rate of $3.24 per share, yielding 1.06% with a dividend payout ratio of 34.3%.

Insider Buying and Selling at VeriSign, Inc.

Chief Executive Officer Demetrios James Bidzos executed four separate stock sales ahead of the rating update. On September 29, 2026, he sold 3,300 shares for a total value of $919,976. He sold another 3,300 shares on October 6, 2026, valued at $964,691. On October 13, 2026, he disposed of 3,300 shares worth $999,404, followed by a sale of 3,300 shares on October 20, 2026, valued at $1,010,775.

About VeriSign

VeriSign operates critical internet infrastructure, running two of the thirteen root servers and providing registration services for the .com and .net domains that underpin global web traffic and e-commerce.

Bottom Line

Investors will look toward VeriSign's upcoming earnings release on February 4, 2027, for further details on domain name registrations and profit margins. Watch how the stock performs relative to Citigroup's new $345 price target.