GoDaddy Inc. (NYSE:GDDY – Free Report) – Equities research analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for shares of GoDaddy in a report released on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan forecasts that the technology company will earn $7.13 per share for the year. The consensus estimate for GoDaddy’s current full-year earnings is $6.63 per share.
GoDaddy (NYSE:GDDY – Get Free Report) last posted its earnings results on Thursday, May 1st. The technology company reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.35 by ($0.08). GoDaddy had a net margin of 20.49% and a return on equity of 176.06%. The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.19 billion. During the same period last year, the firm earned $2.76 earnings per share. GoDaddy’s revenue for the quarter was up 8.6% compared to the same quarter last year.
View Our Latest Report on GoDaddy
GoDaddy Stock Down 1.7%
GDDY opened at $179.76 on Tuesday. The company has a fifty day moving average of $179.37 and a two-hundred day moving average of $189.24. The stock has a market capitalization of $25.61 billion, a price-to-earnings ratio of 27.87 and a beta of 1.07. GoDaddy has a fifty-two week low of $135.73 and a fifty-two week high of $216.00. The company has a debt-to-equity ratio of 5.46, a quick ratio of 0.56 and a current ratio of 0.72.
Insider Transactions at GoDaddy
In other GoDaddy news, CAO Phontip Palitwanon sold 684 shares of the business’s stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $179.81, for a total transaction of $122,990.04. Following the transaction, the chief accounting officer now owns 23,371 shares of the company’s stock, valued at approximately $4,202,339.51. The trade was a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Roger Chen sold 1,000 shares of the company’s stock in a transaction on Friday, March 14th. The shares were sold at an average price of $174.21, for a total value of $174,210.00. Following the completion of the sale, the chief operating officer now owns 257,949 shares of the company’s stock, valued at approximately $44,937,295.29. The trade was a 0.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 67,459 shares of company stock valued at $12,214,374 over the last 90 days. 0.61% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On GoDaddy
Several hedge funds and other institutional investors have recently bought and sold shares of the company. Proficio Capital Partners LLC purchased a new stake in shares of GoDaddy in the 4th quarter valued at approximately $25,554,000. Jones Financial Companies Lllp lifted its holdings in GoDaddy by 68.4% in the fourth quarter. Jones Financial Companies Lllp now owns 1,229 shares of the technology company’s stock valued at $243,000 after acquiring an additional 499 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in GoDaddy by 16.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 678 shares of the technology company’s stock valued at $134,000 after acquiring an additional 98 shares during the last quarter. LPL Financial LLC grew its position in GoDaddy by 22.9% in the fourth quarter. LPL Financial LLC now owns 66,109 shares of the technology company’s stock worth $13,048,000 after acquiring an additional 12,328 shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new stake in GoDaddy during the fourth quarter worth $220,000. 90.28% of the stock is currently owned by institutional investors and hedge funds.
About GoDaddy
GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.
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