GoDaddy (NYSE:GDDY) Shares Up 5.6% After Earnings Beat

Key Points

• GoDaddy shares rose 5.6% after the company reported quarterly earnings of $2.08 per share, beating the $1.90 consensus estimate, while revenue increased 6.1% year over year to $1.34 billion.
• Management expects to reach the high end of its full-year revenue guidance, and its Airo AI product surpassed a $100 million annualized revenue run rate, highlighting AI as a potential growth driver.
• Analyst sentiment remains mixed: GoDaddy has an average “Hold” rating and a $111.75 price target, while a shareholder lawsuit represents a potential legal and reputational overhang.

GoDaddy Inc. (NYSE:GDDY - Get Free Report)'s share price rose 5.6% during trading on Friday after the company announced better than expected quarterly earnings. The company traded as high as $111.80 and last traded at $111.79. 683,253 shares traded hands during trading, a decline of 69% from the average session volume of 2,239,173 shares. The stock had previously closed at $105.89.

The technology company reported $2.08 EPS for the quarter, topping the consensus estimate of $1.90 by $0.18. The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.33 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 6.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.51 EPS.

Key GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. GoDaddy reported adjusted earnings of $2.08 per share, ahead of the $1.82–$1.90 analyst estimates, while revenue rose 6.1% year over year to approximately $1.34 billion, topping expectations of about $1.33 billion. EPS also increased from $1.51 in the year-ago quarter. GoDaddy Inc. Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management expects to reach the high end of its full-year revenue guidance. This signals continued confidence in demand and supports investor expectations for sustained growth. GoDaddy expects to hit high end of full-year revenue guidance
• Positive Sentiment: GoDaddy’s Airo AI offering is gaining traction. Earnings-call highlights indicated that Airo’s annualized revenue run rate has doubled and surpassed $100 million, strengthening the case that AI-powered products can become a meaningful growth driver. GoDaddy Q3 2026 Earnings Call Highlights
• Neutral Sentiment: The earnings call provided additional detail on operating performance, product adoption and the company’s outlook. Investors will continue watching whether AI monetization and revenue growth can offset GoDaddy’s relatively leveraged balance sheet. GoDaddy Q3 2026 Earnings Call Transcript
• Negative Sentiment: A shareholder lawsuit creates a potential overhang. The Shareholders Foundation said a lawsuit was filed on behalf of certain investors and urged eligible shareholders to review their legal options. The notice does not establish wrongdoing, but it could add reputational or legal uncertainty. GoDaddy Investors Lawsuit Alert

Analyst Ratings Changes

Several research firms have recently issued reports on GDDY. Piper Sandler reaffirmed a "neutral" rating and issued a $95.00 price objective (up from $93.00) on shares of GoDaddy in a research note on Friday, July 31st. Benchmark cut their target price on GoDaddy from $185.00 to $140.00 and set a "buy" rating on the stock in a report on Friday, July 31st. Weiss Ratings upgraded GoDaddy from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, August 13th. Royal Bank Of Canada cut GoDaddy from an "outperform" rating to a "sector perform" rating and set a $95.00 price target for the company. in a research note on Sunday, October 11th. Finally, Wedbush lowered their price objective on GoDaddy from $109.00 to $93.00 and set an "outperform" rating for the company in a research report on Monday, August 3rd. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $111.75.

Insider Buying and Selling

In related news, CAO Phontip Palitwanon sold 530 shares of the company's stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $101.19, for a total transaction of $53,630.70. Following the transaction, the chief accounting officer directly owned 17,204 shares of the company's stock, valued at approximately $1,740,872.76. This represents a 2.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Mark McCaffrey sold 5,873 shares of GoDaddy stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $100.91, for a total transaction of $592,644.43. Following the completion of the sale, the chief financial officer directly owned 99,855 shares of the company's stock, valued at approximately $10,076,368.05. The trade was a 5.55% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 31,358 shares of company stock worth $3,031,831 over the last ninety days. 0.93% of the stock is owned by company insiders.

Institutional Trading of GoDaddy

Hedge funds have recently bought and sold shares of the business. WCM Investment Management LLC boosted its position in GoDaddy by 1.0% during the 1st quarter. WCM Investment Management LLC now owns 3,314,456 shares of the technology company's stock valued at $270,924,000 after buying an additional 33,509 shares during the period. Bank of America Corp DE raised its position in GoDaddy by 27.9% during the 1st quarter. Bank of America Corp DE now owns 1,383,615 shares of the technology company's stock valued at $114,383,000 after purchasing an additional 302,126 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in GoDaddy by 2.7% in the 1st quarter. Bank of New York Mellon Corp now owns 754,994 shares of the technology company's stock worth $62,415,000 after buying an additional 19,940 shares during the period. Hsbc Holdings PLC raised its holdings in shares of GoDaddy by 4.2% during the first quarter. Hsbc Holdings PLC now owns 659,664 shares of the technology company's stock valued at $54,520,000 after acquiring an additional 26,537 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in GoDaddy by 24.2% in the third quarter. Assenagon Asset Management S.A. now owns 558,912 shares of the technology company's stock worth $53,382,000 after acquiring an additional 109,039 shares during the period. 90.28% of the stock is currently owned by institutional investors.

GoDaddy Price Performance

The company has a market cap of $14.21 billion, a PE ratio of 16.67 and a beta of 0.94. The business has a 50 day moving average of $101.03 and a 200 day moving average of $92.11. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.63.

GoDaddy Company Profile

GoDaddy Inc NYSE: GDDY is a global technology company that provides online tools and services to entrepreneurs, small businesses and individuals. Its platform helps customers establish, manage and grow an online presence, with offerings that include domain-name registration, website hosting, website and online-store builders, professional email and digital marketing tools.

The company also provides services designed to support commerce and customer engagement, including e-commerce functionality, online appointment scheduling, payments and other business-management capabilities.

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