GoDaddy Inc. (NYSE:GDDY) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• GoDaddy has a “Moderate Buy” consensus among 18 analysts, split evenly between nine buy and nine hold ratings, with an average 12-month price target of about $111.93.
• Recent quarterly results exceeded expectations: adjusted EPS was $1.83 versus a $1.69 consensus, while revenue rose 6.6% year over year to approximately $1.30 billion. Management reaffirmed full-year revenue guidance of $5.2 billion–$5.3 billion and an approximately $1.8 billion free-cash-flow target.
• Analyst sentiment remains mixed, with several firms cutting price targets and investors concerned about weaker-than-expected guidance and AI disruption to GoDaddy’s traditional businesses. Insiders sold shares primarily to cover tax obligations, while institutional investors own 90.28% of the stock.

GoDaddy Inc. (NYSE:GDDY - Get Free Report) has been assigned an average rating of "Moderate Buy" from the eighteen analysts that are presently covering the company, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $111.9286.

Several brokerages have weighed in on GDDY. Wells Fargo & Company dropped their price objective on GoDaddy from $83.00 to $80.00 and set an "equal weight" rating for the company in a report on Friday. JPMorgan Chase & Co. reduced their target price on shares of GoDaddy from $154.00 to $124.00 and set an "overweight" rating on the stock in a research note on Thursday, June 18th. Cantor Fitzgerald reiterated a "neutral" rating and set a $90.00 price target on shares of GoDaddy in a research report on Friday. William Blair downgraded shares of GoDaddy from an "outperform" rating to a "market perform" rating in a research note on Friday. Finally, Piper Sandler reissued a "neutral" rating and set a $95.00 price target (up from $93.00) on shares of GoDaddy in a research note on Friday.

Insider Buying and Selling at GoDaddy

In other news, CEO Amanpal Singh Bhutani sold 8,373 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $89.86, for a total value of $752,397.78. Following the transaction, the chief executive officer owned 521,747 shares of the company's stock, valued at $46,884,185.42. This represents a 1.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Phontip Palitwanon sold 542 shares of the firm's stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $89.86, for a total value of $48,704.12. Following the completion of the transaction, the chief accounting officer owned 19,995 shares in the company, valued at $1,796,750.70. This represents a 2.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 16,751 shares of company stock worth $1,480,228 over the last quarter. 0.93% of the stock is currently owned by insiders.

Hedge Funds Weigh In On GoDaddy

Several hedge funds have recently added to or reduced their stakes in the stock. Norges Bank bought a new stake in shares of GoDaddy in the 4th quarter valued at $250,020,000. AQR Capital Management LLC lifted its holdings in GoDaddy by 117.5% during the fourth quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company's stock worth $370,991,000 after acquiring an additional 1,615,005 shares in the last quarter. Two Sigma Investments LP lifted its holdings in GoDaddy by 99.7% during the third quarter. Two Sigma Investments LP now owns 1,631,100 shares of the technology company's stock worth $223,183,000 after acquiring an additional 814,360 shares in the last quarter. Swedbank AB grew its stake in GoDaddy by 433.9% in the fourth quarter. Swedbank AB now owns 645,754 shares of the technology company's stock valued at $80,125,000 after acquiring an additional 524,811 shares during the period. Finally, Pacer Advisors Inc. increased its holdings in shares of GoDaddy by 67.0% in the fourth quarter. Pacer Advisors Inc. now owns 1,256,998 shares of the technology company's stock worth $155,968,000 after acquiring an additional 504,374 shares in the last quarter. Institutional investors and hedge funds own 90.28% of the company's stock.

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy reported second-quarter adjusted earnings of $1.83 per share, above the roughly $1.69–$1.72 consensus range, while revenue rose 6.6% year over year to approximately $1.30 billion, slightly exceeding estimates. GoDaddy Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Growth was supported by rising average revenue per user, strength across both business segments and accelerating adoption of Airo, GoDaddy’s AI-powered product suite. Airo’s annualized recurring revenue reportedly increased fivefold to $50 million, helping drive record margins and free cash flow. GoDaddy Q2 Earnings Call Highlights
• Positive Sentiment: Management forecast third-quarter revenue of $1.315 billion to $1.335 billion and reaffirmed its approximately $1.8 billion full-year free-cash-flow target. Full-year revenue guidance remains $5.2 billion to $5.3 billion. GoDaddy Forecasts Q3 Revenue and Reaffirms Free Cash Flow
• Neutral Sentiment: Analyst views remain mixed. Cantor Fitzgerald reaffirmed a Neutral rating with a $90 target, while Benchmark maintained Buy despite reducing its target to $140. Raymond James cut GoDaddy from Strong Buy to Outperform and set a $100 target, citing limited visibility. Raymond James Analyst Action
• Negative Sentiment: Investors viewed the quarterly outlook as underwhelming relative to expectations, with several reports describing the guidance as weak despite the earnings beat. Concerns also persist that AI could pressure GoDaddy’s traditional website and domain businesses and weigh on future margins. GoDaddy Goes Down After Q2 Results and Outlook
• Negative Sentiment: Bearish trading activity intensified, with put-option volume reaching 11,680 contracts—nearly five times the typical daily level. Separate law-firm investigations into potential securities-law violations added another source of investor uncertainty.

GoDaddy Stock Up 0.1%

NYSE GDDY opened at $82.79 on Monday. The stock has a market capitalization of $10.96 billion, a P/E ratio of 12.28, a price-to-earnings-growth ratio of 0.74 and a beta of 0.90. GoDaddy has a 52 week low of $71.59 and a 52 week high of $165.11. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.67 and a current ratio of 0.63. The stock has a fifty day moving average of $86.64 and a 200-day moving average of $88.62.

GoDaddy (NYSE:GDDY - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.14. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The firm's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.41 earnings per share. On average, equities research analysts forecast that GoDaddy will post 7.18 EPS for the current year.

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.

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