JPMorgan Chase & Co. Lowers GoDaddy (NYSE:GDDY) Price Target to $154.00

Key Points

• JPMorgan Chase & Co. cut its GoDaddy price target from $167 to $154 but retained an "overweight" rating — the $154 target implies roughly a 78% upside from the prior close.
• GoDaddy posted a Q1 beat (EPS $1.60 vs $1.53; revenue $1.27B) and management flagged AI tools as a key growth driver, yet the stock trades near $86.38 with mixed analyst views (consensus "Moderate Buy," average target ~$120.93) and recent insider selling.

GoDaddy (NYSE:GDDY - Get Free Report) had its target price cut by equities researchers at JPMorgan Chase & Co. from $167.00 to $154.00 in a report issued on Friday,Benzinga reports. The firm currently has an "overweight" rating on the technology company's stock. JPMorgan Chase & Co.'s target price indicates a potential upside of 78.28% from the company's previous close.

Several other equities analysts have also recently commented on GDDY. Piper Sandler initiated coverage on shares of GoDaddy in a research report on Thursday, March 12th. They issued a "neutral" rating and a $93.00 price target for the company. UBS Group reduced their price objective on GoDaddy from $145.00 to $105.00 and set a "neutral" rating on the stock in a research note on Wednesday, February 25th. Weiss Ratings reiterated a "hold (c)" rating on shares of GoDaddy in a report on Wednesday, January 28th. Benchmark lowered their target price on GoDaddy from $195.00 to $185.00 and set a "buy" rating for the company in a research note on Tuesday. Finally, Citigroup reduced their price target on GoDaddy from $195.00 to $110.00 and set a "buy" rating on the stock in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $120.93.

GoDaddy Trading Down 0.5%

NYSE:GDDY traded down $0.41 on Friday, reaching $86.38. 2,405,962 shares of the company's stock were exchanged, compared to its average volume of 2,175,040. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 17.50. The firm has a market capitalization of $11.52 billion, a price-to-earnings ratio of 13.85, a price-to-earnings-growth ratio of 0.79 and a beta of 0.98. The business has a fifty day moving average of $84.84 and a 200-day moving average of $107.03. GoDaddy has a 52-week low of $73.06 and a 52-week high of $190.50.

GoDaddy (NYSE:GDDY - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $1.60 EPS for the quarter, beating the consensus estimate of $1.53 by $0.07. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.26 billion. GoDaddy had a net margin of 17.67% and a return on equity of 369.00%. The business's revenue for the quarter was up 6.1% compared to the same quarter last year. During the same quarter last year, the firm posted $1.51 earnings per share. As a group, analysts expect that GoDaddy will post 6.97 earnings per share for the current year.

Insider Activity

In other news, Director Leah Sweet sold 650 shares of the company's stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $86.86, for a total transaction of $56,459.00. Following the completion of the transaction, the director directly owned 11,414 shares of the company's stock, valued at approximately $991,420.04. This represents a 5.39% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Mark Mccaffrey sold 17,406 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $88.99, for a total value of $1,548,959.94. Following the completion of the transaction, the chief financial officer owned 113,003 shares in the company, valued at approximately $10,056,136.97. The trade was a 13.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 61,918 shares of company stock worth $5,500,469. 0.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On GoDaddy

A number of institutional investors and hedge funds have recently added to or reduced their stakes in GDDY. Candriam S.C.A. lifted its position in shares of GoDaddy by 16.0% during the 1st quarter. Candriam S.C.A. now owns 17,432 shares of the technology company's stock worth $1,441,000 after buying an additional 2,407 shares during the last quarter. Sequoia Financial Advisors LLC grew its position in shares of GoDaddy by 3.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 4,318 shares of the technology company's stock valued at $357,000 after buying an additional 147 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of GoDaddy by 4.2% in the 1st quarter. Hsbc Holdings PLC now owns 659,664 shares of the technology company's stock valued at $54,520,000 after buying an additional 26,537 shares during the last quarter. Acuitas Investments LLC acquired a new stake in GoDaddy during the 1st quarter worth $33,000. Finally, Praxis Investment Management Inc. raised its stake in GoDaddy by 72.3% during the 1st quarter. Praxis Investment Management Inc. now owns 7,485 shares of the technology company's stock worth $619,000 after acquiring an additional 3,140 shares in the last quarter. 90.28% of the stock is owned by institutional investors and hedge funds.

GoDaddy News Roundup

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q1 earnings beat — GoDaddy reported $1.60 EPS vs. consensus $1.53 and revenue of $1.27B vs. ~$1.26B, showing ~6% year-over-year revenue growth; management replayed supporting detail on the call. PR/earnings release
• Positive Sentiment: AI-driven outlook — Management said AI tools are a key growth driver and forecasted quarterly revenue above Street estimates, pointing to increased SMB adoption of the platform. This drove investor optimism about sustainable revenue expansion. Reuters: AI push and revenue forecast
• Positive Sentiment: Market reaction — Coverage and headlines highlighted the beat + AI momentum, and traders pushed the stock higher (reported intraday surge ~4% in some outlets). Positive sentiment is short-term bullish as investors re-price growth potential. Blockonomi: stock reaction
• Neutral Sentiment: Revenue largely in line — Some summaries note revenue met expectations (not a large beat), so upside rests on margin execution and AI monetization converting to durable ARR gains. Yahoo Finance: Q1 recap
• Neutral Sentiment: Analyst/metric deep dives — Follow-up pieces offer metric-level context (customer adds, ARR, margins) that investors will parse for evidence AI is driving higher lifetime value and lower churn; these reports are analytical rather than new catalysts. Zacks: key metrics analysis
• Neutral Sentiment: Earnings snapshot coverage — Local and wire stories summarized results and the investor presentation; useful for detail but not new directional news. Stamford Advocate: earnings snapshot

About GoDaddy

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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