Analyst Ygal Arounian of Citi maintained a Buy rating on Verisign, retaining the price target of $337.00.
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Ygal Arounian has given his Buy rating due to a combination of factors related to Verisign’s improving domain growth metrics and supportive industry trends. His analysis highlights that .com registrations have now risen for twelve consecutive months, with year-over-year growth in December ticking up further, indicating an ongoing recovery rather than a short-term spike. Total domains under management also surpassed the upper end of Verisign’s own full-year guidance range, which he interprets as evidence of stronger underlying demand and solid execution.
Arounian also points to broader momentum in the domain ecosystem, including early benefits from generative AI–driven activity, as a structural driver that could sustain this improved growth profile. He notes that recent data released by Verisign, as well as feedback from a domain investor conference, suggest that policy changes such as Google AdSense adjustments are having only a minimal impact on the business. Taken together with the substantial expected upside implied by his target price, these factors support his view that Verisign’s shares offer an attractive risk-reward and warrant a Buy rating.
Arounian covers the Communication Services sector, focusing on stocks such as Match Group, Bumble, and Trade Desk. According to TipRanks, Arounian has an average return of 4.8% and a 44.79% success rate on recommended stocks.