GoDaddy FY2026 EPS Forecast Reduced by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has reduced its earnings per share forecast for GoDaddy for FY2026 from $7.13 to $7.03, while the current consensus estimate for full-year earnings stands at $6.63.
• GoDaddy's latest quarterly earnings report revealed an EPS of $1.41, exceeding analysts' expectations of $1.34, and a year-over-year revenue increase of 8.3% to $1.22 billion.
• Institutional investors have increased their stake in GoDaddy, with Vanguard Group owning 18.1 million shares and accounting for approximately 90.28% of the stock ownership by institutions.

GoDaddy Inc. (NYSE:GDDY - Free Report) - Equities research analysts at Cantor Fitzgerald lowered their FY2026 earnings per share estimates for GoDaddy in a report released on Friday, August 8th. Cantor Fitzgerald analyst D. Mathivanan now anticipates that the technology company will earn $7.03 per share for the year, down from their prior estimate of $7.13. The consensus estimate for GoDaddy's current full-year earnings is $6.63 per share.

GoDaddy (NYSE:GDDY - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The technology company reported $1.41 EPS for the quarter, topping analysts' consensus estimates of $1.34 by $0.07. GoDaddy had a return on equity of 189.42% and a net margin of 17.01%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the company posted $1.01 earnings per share. The firm's revenue was up 8.3% on a year-over-year basis.

GDDY has been the topic of a number of other research reports. Benchmark restated a "buy" rating on shares of GoDaddy in a report on Monday, April 28th. Royal Bank Of Canada lowered their price target on GoDaddy from $225.00 to $200.00 and set an "outperform" rating on the stock in a report on Friday. Citigroup lowered their price target on GoDaddy from $234.00 to $214.00 and set a "buy" rating on the stock in a report on Friday. Wall Street Zen downgraded GoDaddy from a "buy" rating to a "hold" rating in a report on Tuesday, May 13th. Finally, Piper Sandler set a $182.00 price target on GoDaddy and gave the company an "overweight" rating in a report on Friday. Six equities research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, GoDaddy presently has an average rating of "Moderate Buy" and an average target price of $202.43.

GoDaddy Trading Down 11.2%

NYSE:GDDY opened at $133.38 on Monday. The stock's 50 day moving average price is $171.43 and its 200 day moving average price is $179.48. GoDaddy has a 52 week low of $132.73 and a 52 week high of $216.00. The company has a market capitalization of $19.01 billion, a P/E ratio of 23.82 and a beta of 1.08. The company has a debt-to-equity ratio of 9.33, a quick ratio of 0.56 and a current ratio of 0.64.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in GoDaddy by 2.6% in the first quarter. Vanguard Group Inc. now owns 18,134,214 shares of the technology company's stock worth $3,266,697,000 after purchasing an additional 462,807 shares during the period. Price T Rowe Associates Inc. MD lifted its position in GoDaddy by 11.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,808,975 shares of the technology company's stock worth $751,778,000 after purchasing an additional 395,160 shares during the period. Geode Capital Management LLC lifted its position in GoDaddy by 2.2% in the second quarter. Geode Capital Management LLC now owns 3,779,220 shares of the technology company's stock worth $677,726,000 after purchasing an additional 81,623 shares during the period. WCM Investment Management LLC lifted its position in GoDaddy by 5.7% in the second quarter. WCM Investment Management LLC now owns 3,670,677 shares of the technology company's stock worth $660,979,000 after purchasing an additional 199,459 shares during the period. Finally, Invesco Ltd. lifted its position in GoDaddy by 13.8% in the first quarter. Invesco Ltd. now owns 3,315,848 shares of the technology company's stock worth $597,317,000 after purchasing an additional 401,918 shares during the period. 90.28% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, Director Brian Sharples sold 500 shares of the firm's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $160.47, for a total value of $80,235.00. Following the sale, the director owned 21,457 shares in the company, valued at approximately $3,443,204.79. This trade represents a 2.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Roger Chen sold 1,000 shares of the firm's stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $169.59, for a total transaction of $169,590.00. Following the completion of the sale, the chief operating officer owned 253,949 shares in the company, valued at approximately $43,067,210.91. The trade was a 0.39% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 33,257 shares of company stock valued at $5,827,280 in the last 90 days. 0.70% of the stock is currently owned by corporate insiders.

GoDaddy Company Profile

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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