Shares of GoDaddy Inc. (NYSE:GDDY – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the fifteen analysts that are presently covering the stock, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation, seven have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $131.9286.
Several brokerages have recently commented on GDDY. Weiss Ratings reaffirmed a “hold (c)” rating on shares of GoDaddy in a report on Wednesday, January 28th. Barclays cut their price objective on GoDaddy from $200.00 to $118.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. UBS Group reduced their price objective on shares of GoDaddy from $145.00 to $105.00 and set a “neutral” rating for the company in a research note on Wednesday, February 25th. Jefferies Financial Group decreased their target price on shares of GoDaddy from $140.00 to $100.00 and set a “hold” rating for the company in a report on Monday, February 23rd. Finally, Morgan Stanley dropped their target price on shares of GoDaddy from $159.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th.
Check Out Our Latest Research Report on GoDaddy
Key GoDaddy News
- Positive Sentiment: Q4 results showed an EPS beat (reported $1.80 vs. $1.58 expected) and ~6.8% revenue growth year/year, giving the stock a clear fundamental tailwind. Quarterly Results
- Neutral Sentiment: Sell‑side coverage is mixed but constructive overall — consensus is a “Moderate Buy” with an average target near $132, which limits dramatic upside but keeps placement support from analysts. Analyst Consensus
- Negative Sentiment: Large insider selling this week increases near‑term supply and hurts sentiment: CEO Amanpal Bhutani sold 34,148 shares (avg ~$88.99), CFO Mark McCaffrey sold 17,406 shares, CAO Phontip Palitwanon sold 766 shares, and a director sold 650 shares. These SEC filings are notable because executive disposals at this scale often trigger short‑term selling pressure. CEO Form 4 CFO Form 4 CAO Form 4
- Negative Sentiment: Analysts have trimmed price targets in recent notes (Evercore to $95 with an “In Line” rating; several other firms cut targets), which reduces perceived upside and can prompt portfolio rebalancing by institutions. Evercore Note Analyst Summary
GoDaddy Price Performance
Shares of NYSE GDDY opened at $94.08 on Friday. The stock has a market cap of $12.55 billion, a P/E ratio of 15.10, a P/E/G ratio of 0.86 and a beta of 0.96. The firm’s 50-day simple moving average is $101.23 and its 200 day simple moving average is $122.76. GoDaddy has a fifty-two week low of $73.06 and a fifty-two week high of $193.55. 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 (NYSE:GDDY – Get Free Report) last announced its earnings results on Tuesday, February 24th. The technology company reported $1.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.22. GoDaddy had a net margin of 17.67% and a return on equity of 369.00%. The firm had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the firm posted $1.36 EPS. GoDaddy’s revenue was up 6.8% compared to the same quarter last year. Equities analysts expect that GoDaddy will post 6.63 EPS for the current year.
Insiders Place Their Bets
In other news, Director Leah Sweet sold 650 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were 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 in the company, valued at $991,420.04. The trade was a 5.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Mark Mccaffrey sold 17,406 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was 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 in the company, valued at $10,056,136.97. This trade represents a 13.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 63,005 shares of company stock valued at $5,690,243. 0.70% of the stock is owned by insiders.
Institutional Trading of GoDaddy
Institutional investors have recently bought and sold shares of the company. NewSquare Capital LLC increased its position in GoDaddy by 170.9% in the 2nd quarter. NewSquare Capital LLC now owns 149 shares of the technology company’s stock worth $27,000 after purchasing an additional 94 shares during the last quarter. Hemington Wealth Management grew its stake in shares of GoDaddy by 85.9% in the 3rd quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock valued at $25,000 after buying an additional 85 shares in the last quarter. Rachor Investment Advisory Services LLC bought a new stake in shares of GoDaddy in the 4th quarter valued at approximately $25,000. Activest Wealth Management increased its holdings in GoDaddy by 6,600.0% in the fourth quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock worth $25,000 after buying an additional 198 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in GoDaddy in the fourth quarter worth approximately $25,000. Institutional investors and hedge funds own 90.28% of the company’s stock.
GoDaddy Company Profile
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.
Read More
- Five stocks we like better than GoDaddy
- The gold chart Wall Street is terrified of…
- America’s 1776 happening again
- What a Former CIA Agent Knows About the Coming Collapse
- Elon Musk already made me a “wealthy man”
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for GoDaddy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoDaddy and related companies with MarketBeat.com's FREE daily email newsletter.
