GoDaddy (NYSE:GDDY) Shares Up 4% – Still a Buy?

Shares of GoDaddy Inc. (NYSE:GDDY) rose 4% during trading on Thursday . The stock traded as high as $97.27 and last traded at $97.3550. 399,601 shares traded hands during trading, a decline of 82% from the average session volume of 2,252,438 shares. The stock had previously closed at $93.60.

More GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: A Zacks report identified GoDaddy as a top long-term momentum stock, highlighting its investment appeal across value, growth and momentum strategies. The company also recently participated in investor conferences hosted by Goldman Sachs and Citi, potentially increasing visibility with institutional investors. Why GoDaddy Is a Top Momentum Stock
• Neutral Sentiment: Multiple law firms are soliciting investors who purchased GoDaddy shares between September 3, 2025, and February 24, 2026, to seek lead-plaintiff status. The principal deadline cited is October 20, 2026, although one notice references October 26. These announcements repeat the same lawsuit rather than represent separate confirmed judgments against the company. GoDaddy Class Action Announcement
• Negative Sentiment: The securities lawsuit alleges that GoDaddy and certain executives, including CEO Aman Bhutani and CFO Mark McCaffrey, made material misstatements or omissions about the company’s go-to-market strategy. Allegations include an undisclosed $4.99 one-year domain promotion, reliance on short-term, low-value contracts, “high-intent” customer and AI-platform claims, and a concealed slowdown in total bookings growth. If sustained, the claims could result in litigation costs, damages and reputational pressure; however, the allegations have not been proven. GDDY Shareholder Lawsuit Alert

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on GDDY shares. Raymond James Financial lowered shares of GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price objective for the company. in a report on Friday, July 31st. Citigroup reduced their target price on shares of GoDaddy from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. JPMorgan Chase & Co. lowered their price target on shares of GoDaddy from $154.00 to $124.00 and set an “overweight” rating for the company in a research note on Thursday, June 18th. Deutsche Bank Aktiengesellschaft lowered shares of GoDaddy to a “buy” rating in a research report on Friday, July 31st. Finally, Wells Fargo & Company cut GoDaddy from an “equal weight” rating to an “underweight” rating and reduced their price objective for the company from $80.00 to $76.00 in a research note on Wednesday, August 26th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $110.07.

GoDaddy Price Performance

The stock has a market cap of $12.37 billion, a PE ratio of 14.49, a PEG ratio of 0.83 and a beta of 0.94. The business’s 50-day simple moving average is $94.16 and its 200-day simple moving average is $88.03. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 561.10.

GoDaddy (NYSE:GDDY) last posted its earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the business posted $1.41 earnings per share. GoDaddy’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, research analysts expect that GoDaddy Inc. will post 7.21 EPS for the current fiscal year.

Insider Activity at GoDaddy

In related news, Director Sigal Zarmi sold 350 shares of GoDaddy stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total value of $34,104.00. Following the sale, the director owned 8,283 shares in the company, valued at $807,095.52. The trade was a 4.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Leah Sweet sold 325 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total transaction of $31,668.00. Following the transaction, the director directly owned 13,689 shares in the company, valued at approximately $1,333,856.16. The trade was a 2.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 26,858 shares of company stock valued at $2,593,081 over the last 90 days. Company insiders own 0.93% of the company’s stock.

Institutional Trading of GoDaddy

Institutional investors and hedge funds have recently bought and sold shares of the stock. International Assets Investment Management LLC boosted its position in GoDaddy by 93.8% during the 1st quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock valued at $30,000 after acquiring an additional 180 shares in the last quarter. Harbour Investments Inc. lifted its stake in shares of GoDaddy by 191.0% in the 4th quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock valued at $32,000 after purchasing an additional 170 shares during the period. Acuitas Investments LLC bought a new stake in shares of GoDaddy during the first quarter valued at approximately $33,000. Perkins Coie Trust Co bought a new stake in shares of GoDaddy during the second quarter valued at approximately $34,000. Finally, Entrust Financial LLC purchased a new stake in GoDaddy in the fourth quarter worth $35,000. 90.28% of the stock is currently owned by hedge funds and other institutional investors.

GoDaddy Company Profile

GoDaddy Inc (NYSE: GDDY) is a technology company that provides online tools and services for entrepreneurs, small businesses and individuals. Its offerings are designed to help customers establish, manage and grow an online presence, including domain-name registration, domain search and management, website hosting, professional email and online security services.

The company also provides website-building and commerce solutions that support online stores, appointment scheduling, digital marketing, search-engine optimization, social media management and payment acceptance.