Cantor Fitzgerald Forecasts GoDaddy FY2026 Earnings

GoDaddy Inc. (NYSE:GDDY - Free Report) - Research analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for GoDaddy in a note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst D. Mathivanan forecasts that the technology company will post earnings of $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 issued its quarterly earnings results on Thursday, May 1st. The technology company reported $1.27 earnings per share for the quarter, missing analysts' consensus estimates of $1.35 by ($0.08). GoDaddy had a return on equity of 176.06% and a net margin of 20.49%. The business had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same period in the prior year, the company earned $2.76 EPS. The company's revenue for the quarter was up 8.6% compared to the same quarter last year.

Several other research firms have also issued reports on GDDY. Royal Bank of Canada dropped their price objective on shares of GoDaddy from $230.00 to $225.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Morgan Stanley decreased their target price on shares of GoDaddy from $228.00 to $206.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Piper Sandler lifted their price target on shares of GoDaddy from $177.00 to $180.00 and gave the stock a "neutral" rating in a research note on Friday, May 2nd. Citigroup cut their price objective on shares of GoDaddy from $260.00 to $234.00 and set a "buy" rating on the stock in a report on Friday, April 25th. Finally, B. Riley boosted their price target on GoDaddy from $220.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $214.86.

GoDaddy Trading Down 0.7%

GDDY traded down $1.28 on Tuesday, reaching $178.39. 1,236,398 shares of the company's stock were exchanged, compared to its average volume of 1,479,738. GoDaddy has a twelve month low of $135.73 and a twelve month high of $216.00. The company's 50 day moving average is $179.37 and its 200-day moving average is $189.24. The company has a debt-to-equity ratio of 5.46, a quick ratio of 0.56 and a current ratio of 0.72. The company has a market cap of $25.42 billion, a price-to-earnings ratio of 27.66 and a beta of 1.07.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Quent Capital LLC grew its position in GoDaddy by 4.4% in the 4th quarter. Quent Capital LLC now owns 1,259 shares of the technology company's stock valued at $248,000 after buying an additional 53 shares in the last quarter. Advisors Capital Management LLC lifted its stake in shares of GoDaddy by 0.9% in the 4th quarter. Advisors Capital Management LLC now owns 6,197 shares of the technology company's stock worth $1,223,000 after acquiring an additional 55 shares during the period. BNP Paribas lifted its stake in shares of GoDaddy by 2.9% in the 4th quarter. BNP Paribas now owns 2,111 shares of the technology company's stock worth $417,000 after acquiring an additional 59 shares during the period. City Holding Co. boosted its holdings in shares of GoDaddy by 30.0% in the first quarter. City Holding Co. now owns 260 shares of the technology company's stock valued at $47,000 after acquiring an additional 60 shares in the last quarter. Finally, Lake Street Advisors Group LLC increased its stake in shares of GoDaddy by 4.7% during the fourth quarter. Lake Street Advisors Group LLC now owns 1,433 shares of the technology company's stock valued at $283,000 after acquiring an additional 64 shares during the period. 90.28% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other GoDaddy news, CFO Mark Mccaffrey sold 37,500 shares of the business's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $180.95, for a total transaction of $6,785,625.00. Following the completion of the transaction, the chief financial officer now directly owns 77,250 shares of the company's stock, valued at $13,978,387.50. The trade was a 32.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Phontip Palitwanon sold 684 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $179.81, for a total value 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. This represents a 2.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 67,459 shares of company stock worth $12,214,374 over the last quarter. 0.61% of the stock is owned by company insiders.

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.