Verisign is expected to announce its fiscal year 2011 Q2 earnings on July 28. We currently have a near $38 Trefis price estimate for Verisign, which implies around 15% upside to the current market price. Verisign recently renewed its contract with ICANN, which cements its position as the exclusive .com and .net domain registrar. It currently competes with other domain name registry providers like NeuStar, Employ Media, and Afilias to win new and maintain existing registry rights from ICANN.

The company is also followed by investors in Internet security names like Symantec and Intel’s Mcfee as well as CDN provider Akamai