GoDaddy (NYSE:GDDY) Trading 4% Higher - Here's Why

Key Points

• GoDaddy shares rose 4% to about $97.36 in Thursday trading, despite volume running 82% below the daily average.
• The company reported quarterly EPS of $1.83 versus the $1.69 consensus estimate, while revenue grew 6.6% year over year to $1.30 billion. Zacks also identified GoDaddy as a strong long-term momentum stock, partly citing its AI offerings.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $110.07 target price. Investors also face potential litigation risk from securities-fraud allegations concerning GoDaddy’s pricing, customer strategy and bookings growth; the allegations remain unproven.

GoDaddy Inc. (NYSE:GDDY - Get Free Report)'s share price rose 4% on Thursday . The company traded as high as $97.27 and last traded at $97.3550. 399,601 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 2,252,438 shares. The stock had previously closed at $93.60.

Key Headlines Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: A Zacks report identified GoDaddy as a top long-term momentum stock, highlighting its investment appeal across value, growth and momentum strategies. The company also recently participated in investor conferences hosted by Goldman Sachs and Citi, potentially increasing visibility with institutional investors. Why GoDaddy Is a Top Momentum Stock
• Neutral Sentiment: Multiple law firms are soliciting investors who purchased GoDaddy shares between September 3, 2025, and February 24, 2026, to seek lead-plaintiff status. The principal deadline cited is October 20, 2026, although one notice references October 26. These announcements repeat the same lawsuit rather than represent separate confirmed judgments against the company. GoDaddy Class Action Announcement
• Negative Sentiment: The securities lawsuit alleges that GoDaddy and certain executives, including CEO Aman Bhutani and CFO Mark McCaffrey, made material misstatements or omissions about the company’s go-to-market strategy. Allegations include an undisclosed $4.99 one-year domain promotion, reliance on short-term, low-value contracts, “high-intent” customer and AI-platform claims, and a concealed slowdown in total bookings growth. If sustained, the claims could result in litigation costs, damages and reputational pressure; however, the allegations have not been proven. GDDY Shareholder Lawsuit Alert

Analysts Set New Price Targets

GDDY has been the topic of several recent research reports. Piper Sandler restated a "neutral" rating and set a $95.00 target price (up from $93.00) on shares of GoDaddy in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft lowered GoDaddy to a "buy" rating in a research note on Friday, July 31st. William Blair cut GoDaddy from an "outperform" rating to a "market perform" rating in a report on Friday, July 31st. Cantor Fitzgerald restated a "neutral" rating and issued a $90.00 target price on shares of GoDaddy in a research note on Friday, July 31st. Finally, Wells Fargo & Company lowered GoDaddy from an "equal weight" rating to an "underweight" rating and reduced their target price for the company from $80.00 to $76.00 in a report on Wednesday, August 26th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $110.07.

GoDaddy Price Performance

The stock has a market capitalization of $12.37 billion, a PE ratio of 14.49, a price-to-earnings-growth ratio of 0.83 and a beta of 0.94. The business's 50-day moving average price is $94.16 and its 200 day moving average price is $88.03. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.63 and a current ratio of 0.63.

GoDaddy (NYSE:GDDY - Get Free Report) last posted its quarterly earnings data 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. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the company earned $1.41 earnings per share. The firm's quarterly revenue was up 6.6% on a year-over-year basis. Research analysts forecast that GoDaddy Inc. will post 7.21 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Mark McCaffrey sold 5,873 shares of the firm's stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $100.91, for a total value of $592,644.43. Following the sale, the chief financial officer directly owned 99,855 shares of the company's stock, valued at $10,076,368.05. This trade represents a 5.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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, CAO Phontip Palitwanon sold 2,261 shares of GoDaddy stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $91.81, for a total transaction of $207,582.41. Following the sale, the chief accounting officer owned 17,734 shares of the company's stock, valued at approximately $1,628,158.54. The trade was a 11.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 26,858 shares of company stock valued at $2,593,081 in the last 90 days. 0.93% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Coldstream Capital Management Inc. raised its position in GoDaddy by 4.8% during the third quarter. Coldstream Capital Management Inc. now owns 1,887 shares of the technology company's stock valued at $258,000 after purchasing an additional 86 shares in the last quarter. Main Street Financial Solutions LLC increased its position in shares of GoDaddy by 1.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 12,136 shares of the technology company's stock valued at $2,185,000 after purchasing an additional 119 shares during the last quarter. Lido Advisors LLC increased its position in shares of GoDaddy by 6.2% during the 4th quarter. Lido Advisors LLC now owns 2,083 shares of the technology company's stock valued at $283,000 after purchasing an additional 121 shares during the last quarter. Vontobel Holding Ltd. raised its holdings in shares of GoDaddy by 2.0% during the 4th quarter. Vontobel Holding Ltd. now owns 6,859 shares of the technology company's stock valued at $851,000 after buying an additional 134 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in GoDaddy by 3.5% in the 1st quarter. Sequoia Financial Advisors LLC now owns 4,318 shares of the technology company's stock worth $357,000 after buying an additional 147 shares during the last quarter. 90.28% of the stock is currently owned by hedge funds and other institutional investors.

About GoDaddy

GoDaddy Inc NYSE: GDDY is a technology company that provides online tools and services for entrepreneurs, small businesses and individuals. Its offerings are designed to help customers establish, manage and grow an online presence, including domain-name registration, domain search and management, website hosting, professional email and online security services.

The company also provides website-building and commerce solutions that support online stores, appointment scheduling, digital marketing, search-engine optimization, social media management and payment acceptance.

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