Brokerages Set GoDaddy Inc. (NYSE:GDDY) Target Price at $125.57

Shares of GoDaddy Inc. (NYSE:GDDYGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the fifteen research firms that are currently covering the stock, MarketBeat Ratings reports. Eight investment analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $120.9286.

A number of equities analysts recently weighed in on the stock. Piper Sandler assumed coverage on shares of GoDaddy in a report on Thursday, March 12th. They set a “neutral” rating and a $93.00 target price on the stock. Cantor Fitzgerald lowered their target price on shares of GoDaddy from $130.00 to $90.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Royal Bank Of Canada lowered their target price on shares of GoDaddy from $200.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. UBS Group lowered their target price on shares of GoDaddy from $145.00 to $105.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Finally, Morgan Stanley lowered their target price on shares of GoDaddy from $159.00 to $145.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th.

Check Out Our Latest Stock Report on GoDaddy

Insider Activity at GoDaddy

In other GoDaddy news, CFO Mark Mccaffrey sold 17,406 shares of GoDaddy stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $88.99, for a total transaction of $1,548,959.94. Following the completion of the transaction, the chief financial officer directly owned 113,003 shares of the company’s stock, valued at $10,056,136.97. The trade was a 13.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Leah Sweet sold 650 shares of GoDaddy stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $86.86, for a total transaction of $56,459.00. Following the transaction, the director directly owned 11,414 shares of the company’s stock, valued at approximately $991,420.04. This trade represents a 5.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 61,918 shares of company stock valued at $5,500,469. 0.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On GoDaddy

A number of institutional investors have recently modified their holdings of GDDY. Hemington Wealth Management lifted its position in GoDaddy by 85.9% during the third quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock worth $25,000 after purchasing an additional 85 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new stake in GoDaddy during the fourth quarter worth about $25,000. Rachor Investment Advisory Services LLC bought a new stake in GoDaddy during the fourth quarter worth about $25,000. Activest Wealth Management lifted its position in GoDaddy by 6,600.0% during the fourth quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock worth $25,000 after purchasing an additional 198 shares during the period. Finally, International Assets Investment Management LLC lifted its position in GoDaddy by 93.8% during the first quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock worth $30,000 after purchasing an additional 180 shares during the period. Institutional investors own 90.28% of the company’s stock.

GoDaddy News Summary

Here are the key news stories impacting GoDaddy this week:

  • Positive Sentiment: Q1 beat on both EPS and revenue, showing execution strength (EPS $1.60 vs. est. $1.53; revenue $1.27B vs. est. $1.26B) — confirms underlying growth and drove the initial rally. Zacks: Beats Q1 Earnings
  • Positive Sentiment: AI platform (Airo) is accelerating monetization — ARPU rose ~9.3% y/y to $246 and management cited faster monetization, supporting better margins and cash generation. This is the main structural growth argument for the stock. Zacks: Airo Execution
  • Positive Sentiment: Management/guidance tone is constructive: company forecasted quarterly revenue above estimates and issued FY revenue range roughly in line with consensus, reinforcing the AI-led growth narrative. Reuters: Forecasts Revenue Above Estimates
  • Positive Sentiment: Market reaction: coverage and commentaries note a share-price pop after the print, reflecting investor enthusiasm around AI product traction and improving unit economics. Blockonomi: Stock Surges
  • Neutral Sentiment: Press release and investor materials (slides, prepared remarks) are available for deeper reads on segment performance, cash flow and capital allocation—useful for modeling next quarters. PR Newswire: Q1 Results
  • Neutral Sentiment: Some outlets characterize revenue as essentially in-line with expectations despite the beat—investors should focus on margin/ARPU trends and guidance cadence rather than headline revenue only. Yahoo Finance: Revenue In Line
  • Negative Sentiment: JPMorgan trimmed its price target from $167 to $154 (while keeping an Overweight rating), which reduces some upside expectations and may cap near-term analyst-driven flows. TickerReport/Benzinga: JPMorgan Lowers PT

GoDaddy Price Performance

NYSE GDDY opened at $86.82 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 17.50. GoDaddy has a 12-month low of $73.06 and a 12-month high of $190.50. The company has a market capitalization of $11.58 billion, a PE ratio of 13.94, a price-to-earnings-growth ratio of 0.80 and a beta of 0.98. The firm’s 50 day moving average is $84.84 and its 200-day moving average is $107.03.

GoDaddy (NYSE:GDDYGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $1.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.07. GoDaddy had a net margin of 17.32% and a return on equity of 366.98%. The company had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.26 billion. The firm’s revenue was up 6.1% compared to the same quarter last year. During the same period last year, the company earned $1.51 earnings per share. Equities research analysts anticipate that GoDaddy will post 6.97 earnings per share for the current fiscal year.

GoDaddy Company Profile

(Get Free Report)

GoDaddy is a technology company that provides a suite of online services aimed primarily at small businesses, entrepreneurs and individuals looking to establish and grow an online presence. The company’s core activities include domain name registration and aftermarket services, a range of website hosting options, and tools for building, managing and promoting websites. Its product mix is designed to simplify the technical aspects of running a website so customers can focus on their businesses.

Product and service offerings span website builders and managed WordPress hosting, shared and dedicated hosting, e-commerce capabilities, email and productivity solutions, SSL certificates and site security tools, and online marketing and search engine optimization services.

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