GoDaddy (NYSE:GDDY) Stock Breaks Below 50-Day Moving Average - Should You Sell?

Key Points

• GoDaddy shares fell below their 50-day moving average, trading as low as $95.62 versus the $96.83 average, though the stock later recovered slightly to around $97.07.
• Several law firms are seeking lead plaintiffs for a securities class action alleging GoDaddy failed to adequately disclose the impact of shifting from multiyear domain bookings to a $4.99 one-year promotion. The allegations could increase litigation costs and raise concerns about revenue quality, but no liability has been established.
• Analyst sentiment is mixed: GoDaddy has a consensus “Hold” rating and an average price target of $110.69, while its latest quarterly results exceeded expectations, with adjusted earnings of $1.83 per share and revenue of $1.30 billion.

GoDaddy Inc. (NYSE:GDDY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $96.83 and traded as low as $95.62. GoDaddy shares last traded at $97.0730, with a volume of 1,720,362 shares trading hands.

Key GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Neutral Sentiment: Several law firms—including Kaplan Fox, Rosen Law, Bronstein Gewirtz & Grossman, and Bleichmar Fonti & Auld—announced or promoted a securities class action involving investors who purchased GoDaddy shares from September 3, 2025, through February 24, 2026. The notices primarily seek potential lead plaintiffs and do not establish liability. Bronstein class-action announcement
• Negative Sentiment: The allegations reportedly focus on GoDaddy’s domain-registration contract-term shift, including claims that a $4.99 one-year promotion replaced higher-value multiyear bookings and that investors were not adequately informed. If proven, the claims could raise litigation costs, settlement risk, and questions about the company’s revenue quality and disclosures. SueWallSt shareholder alert
• Negative Sentiment: The repeated October 2 alerts increase visibility around the lawsuit and may weigh on sentiment, although they largely repeat the same allegations rather than disclose a new court ruling or operational development. The lead-plaintiff deadline is generally cited as October 20, 2026, while one notice references an October 26 court deadline. Kaplan Fox lawsuit notice
• Neutral Sentiment: UBS reportedly sees attractive valuation in Gen Digital despite volatility involving GoDaddy, but the commentary offers limited direct support for GDDY and underscores that investors are distinguishing between broader internet-security opportunities and GoDaddy-specific legal uncertainty. UBS valuation commentary

Analyst Upgrades and Downgrades

GDDY has been the subject of a number of recent research reports. Robert W. Baird upped their target price on GoDaddy from $110.00 to $120.00 and gave the company an "outperform" rating in a research note on Friday, September 25th. William Blair downgraded GoDaddy from an "outperform" rating to a "market perform" rating in a research note on Friday, July 31st. Raymond James Financial cut GoDaddy from a "strong-buy" rating to an "outperform" rating and set a $100.00 price target for the company. in a research note on Friday, July 31st. Citigroup lowered their price objective on shares of GoDaddy from $110.00 to $105.00 and set a "buy" rating for the company in a research report on Monday, August 3rd. Finally, Benchmark reduced 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. Ten investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $110.69.

GoDaddy Trading Up 0.1%

The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 561.10. The stock has a market capitalization of $12.29 billion, a P/E ratio of 14.40, a P/E/G ratio of 0.87 and a beta of 0.94. The business has a 50-day moving average price of $96.83 and a two-hundred day moving average price of $89.25.

GoDaddy (NYSE:GDDY - Get Free Report) last posted its earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, topping analysts' consensus estimates of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The firm had revenue of $1.30 billion for the quarter, compared to analysts' expectations of $1.29 billion. During the same quarter in the previous year, the firm posted $1.41 earnings per share. The company's revenue was up 6.6% on a year-over-year basis. On average, analysts expect that GoDaddy Inc. will post 7.23 EPS for the current fiscal year.

Insider Activity

In other news, 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 transaction, the chief financial officer owned 99,855 shares in the company, valued at approximately $10,076,368.05. The trade was a 5.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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. Also, Director Sigal Zarmi sold 350 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total value of $34,104.00. Following the completion of the transaction, the director directly owned 8,283 shares in the company, valued at approximately $807,095.52. This trade represents a 4.05% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 26,858 shares of company stock worth $2,593,081. Company insiders own 0.93% of the company's stock.

Hedge Funds Weigh In On GoDaddy

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. WCM Investment Management LLC grew its position in shares of GoDaddy by 1.0% in the 1st quarter. WCM Investment Management LLC now owns 3,314,456 shares of the technology company's stock worth $270,924,000 after buying an additional 33,509 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in GoDaddy by 11.0% in the fourth quarter. JPMorgan Chase & Co. now owns 3,216,382 shares of the technology company's stock valued at $399,089,000 after acquiring an additional 319,515 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in GoDaddy by 2.0% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,821,379 shares of the technology company's stock valued at $350,077,000 after purchasing an additional 56,086 shares during the period. Goldman Sachs Group Inc. raised its holdings in GoDaddy by 9.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,456,110 shares of the technology company's stock worth $180,674,000 after purchasing an additional 123,993 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of GoDaddy by 27.9% during the first quarter. Bank of America Corp DE now owns 1,383,615 shares of the technology company's stock valued at $114,383,000 after buying an additional 302,126 shares during the period. 90.28% of the stock is owned by hedge funds and other institutional investors.

About GoDaddy

GoDaddy Inc NYSE: GDDY is a technology company that provides domain name registration and online services for individuals, entrepreneurs, and small businesses. Its platform enables customers to search for and manage domain names, establish an online presence, and build and maintain websites.

The company offers website and ecommerce tools, managed web hosting, business email, online marketing services, and website security products. GoDaddy also provides tools designed to help businesses manage digital content, customer engagement, appointments, payments, and other day-to-day online activities through an integrated platform.

Founded in 1997 as Jomax Technologies by entrepreneur Bob Parsons, the company later adopted the GoDaddy name and grew into a global provider of online services.

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