Should I buy or sell GoDaddy stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GoDaddy in the last year. There are currently 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GDDY shares. View GDDY analyst ratings or view top-rated stocks .

What is GoDaddy's stock price target for 2024?

12 brokerages have issued 1-year target prices for GoDaddy's shares. Their GDDY share price targets range from $80.00 to $125.00. On average, they expect the company's share price to reach $101.18 in the next year. This suggests a possible upside of 3.3% from the stock's current price. View analysts price targets for GDDY or view top-rated stocks among Wall Street analysts .

How have GDDY shares performed in 2023?

GoDaddy's stock was trading at $74.82 at the start of the year. Since then, GDDY stock has increased by 30.9% and is now trading at $97.91. View the best growth stocks for 2023 here .

Are investors shorting GoDaddy?

GoDaddy saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 4,240,000 shares, a decrease of 9.8% from the October 31st total of 4,700,000 shares. Based on an average trading volume of 1,970,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 3.0% of the company's shares are sold short. View GoDaddy's Short Interest .

When is GoDaddy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our GDDY earnings forecast .

How were GoDaddy's earnings last quarter?

GoDaddy Inc. (NYSE:GDDY) released its quarterly earnings results on Thursday, November, 2nd. The technology company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.18. The technology company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.06 billion. GoDaddy had a negative trailing twelve-month return on equity of 63.92% and a net margin of 8.45%.

What ETFs hold GoDaddy's stock?

ETFs with the largest weight of GoDaddy (NYSE:GDDY) stock in their portfolio include FMC Excelsior Focus Equity ETF (FMCX) , Global X E-Commerce ETF (EBIZ) , SPDR S&P Internet ETF (XWEB) , LeaderShares Activist Leaders ETF (ACTV) , Goldman Sachs Hedge Industry VIP ETF (GVIP) , SRH U.S. Quality ETF (SRHQ) , First Trust Dow Jones Internet Index Fund (FDN) and Global X Guru Index ETF (GURU) .

What is Aman Bhutani's approval rating as GoDaddy's CEO?

215 employees have rated GoDaddy Chief Executive Officer Aman Bhutani on Glassdoor.com . Aman Bhutani has an approval rating of 81% among the company's employees.

What other stocks do shareholders of GoDaddy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GoDaddy investors own include NVIDIA (NVDA) , Netflix (NFLX) , Alibaba Group (BABA) , Tesla (TSLA) , PayPal (PYPL) , Advanced Micro Devices (AMD) , Micron Technology (MU) , Block (SQ) , Adobe (ADBE) and Intel (INTC) .

When did GoDaddy IPO?

(GDDY) raised $396 million in an initial public offering on Wednesday, April 1st 2015. The company issued 22,000,000 shares at $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan and Citigroup served as the underwriters for the IPO and Barclays, Deutsche Bank Securities, RBC Capital Markets, KKR, Stifel, Piper Jaffray, Oppenheimer and JMP Securities were co-managers.

Who are GoDaddy's major shareholders?

GoDaddy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Ameriprise Financial Inc. (4.51%), Morgan Stanley (4.43%), FMR LLC (2.13%), JPMorgan Chase & Co. (1.68%), Jacobs Levy Equity Management Inc. (1.18%) and Bank of New York Mellon Corp (0.98%). Insiders that own company stock include Amanpal Singh Bhutani , Charles J Robel , Leah Sweet , Mark Mccaffrey , Michele Lau , Nick Daddario , Nima Kelly , Raymond E Winborne Jr and Roger Chen . View institutional ownership trends .

How do I buy shares of GoDaddy?

Shares of GDDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

GoDaddy Stock Price, News & Analysis (NYSE:GDDY)

$97.91

+0.84 (+0.87%)

(As of 11/29/2023 ET)

Compare

Today's Range: $97.91
▼
$99.53
50-Day Range: $71.65
▼
$97.91
52-Week Range: $67.43
▼
$99.53

Volume: 1.64 million shs
Average Volume: 1.41 million shs
Market Capitalization: $13.82 billion

P/E Ratio: 42.02
Dividend Yield: N/A
Price Target: $98.45

GoDaddy MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 3.3% Upside
$101.18 Price Target
Short Interest: Healthy
3.03% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.82
Upright™ Environmental Score
News Sentiment: 0.48
Based on 14 Articles This Week
Insider Trading: Selling Shares
$9.74 M Sold Last Quarter
Proj. Earnings Growth: 42.99%
From $3.14 to $4.49 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.69 out of 5 stars

Computer And Technology Sector

67th out of 604 stocks

Computer Integrated Systems Design Industry

2nd out of 35 stocks

2.4

Analyst's Opinion

Consensus Rating
GoDaddy has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $101.18, GoDaddy has a forecasted upside of 3.3% from its current price of $97.91.
Amount of Analyst Coverage
GoDaddy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
3.03% of the float of GoDaddy has been sold short.
Short Interest Ratio / Days to Cover
GoDaddy has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in GoDaddy has recently decreased by 9.79%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
GoDaddy does not currently pay a dividend.
Dividend Growth
GoDaddy does not have a long track record of dividend growth.

3.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
GoDaddy has received a 26.47% net impact score from Upright. GoDaddy seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Cybersecurity software", "Website hosting services", and "Web development platforms" products. See details.
Environmental Sustainability
The Environmental Impact score for GoDaddy is -0.82.

3.0

News and Social Media Coverage

News Sentiment
GoDaddy has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for GoDaddy this week, compared to 6 articles on an average week.
Search Interest
3 people have searched for GDDY on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.
MarketBeat Follows
7 people have added GoDaddy to their MarketBeat watchlist in the last 30 days. This is an increase of 75% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GoDaddy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,736,042.00 in company stock.
Percentage Held by Insiders
Only 0.54% of the stock of GoDaddy is held by insiders.
Percentage Held by Institutions
95.03% of the stock of GoDaddy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for GoDaddy are expected to grow by 42.99% in the coming year, from $3.14 to $4.49 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GoDaddy is 42.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.06.
Price to Earnings Ratio vs. Sector
The P/E ratio of GoDaddy is 42.02, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 250.83.

See Top Rated MarketRank™ Stocks Here

About GoDaddy Stock (NYSE:GDDY)

GoDaddy Inc. engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized hosting platform that allows customers to build and manage a faster and more secure WordPress site and offered with WooCommerce to sell online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business listings, and email and social media marketing designed to help businesses acquire and engage customers and create content. The segment also offers connected commerce comprising Smart Terminal, a dual screen all-in-one Point-of-Sale system that allows customers to manage in-store inventory and product catalogs and take payments; GoDaddy Payments, a payment facilitator that enables customers to accept all major forms of payments; and email service plans with a multi-feature web interface, and Microsoft Office 365 accounts that connects to customers' domains. The Core Platform segment offers domain products, including primary registrations, domain aftermarket platform, and domain name add-ons, as well as GoDaddy Registry, a provider of domain name registry services; and hosting and security services comprising shared website hosting, website hosting on virtual private servers and virtual dedicated servers, and managed hosting services, as well as security products with a comprehensive suite of tools designed to help secure customers' online presence. The company serves small businesses, individuals, organizations, developers, designers, and domain investors. GoDaddy Inc. was incorporated in 2014 and is headquartered in Tempe, Arizona.

GDDY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GDDY Stock News Headlines

November 24, 2023 | marketbeat.com

GoDaddy needs to cool some, but be ready to pounce (GDDY)

An RSI print that's close to 90 says to those of us on the sidelines that we've missed the initial run. But fear not, GoDaddy's rally is just beginning.

November 24, 2023 | marketbeat.com

GoDaddy needs to cool some, but be ready to pounce

An RSI print that's close to 90 says to those of us on the sidelines that we've missed the initial run. But fear not, GoDaddy's rally is just beginning.

November 30, 2023 | Autonomix (Ad)

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November 30, 2023 | theglobeandmail.com

Chart of the Day: Go Daddy Go!

November 29, 2023 | markets.businessinsider.com

Benchmark Maintains Buy Rating for GoDaddy: Here's What You Need To Know

November 29, 2023 | msn.com

GoDaddy rises as Benchmark boost price target after investor dinner

November 29, 2023 | finance.yahoo.com

3 Top-Ranked Stocks With Upgraded Broker Ratings to Bet on

November 28, 2023 | americanbankingnews.com

GoDaddy Inc. (NYSE:GDDY) COO Roger Chen Sells 19,246 Shares

November 30, 2023 | Autonomix (Ad)

[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity

November 27, 2023 | msn.com

Godaddy Inc - (GDDY) Price Target Increased by 5.80% to 99.21

November 24, 2023 | finance.yahoo.com

Zacks Industry Outlook Highlights GoDaddy, MakeMyTrip, QuinStreet and Asure Software

November 23, 2023 | finance.yahoo.com

Are You Looking for a Top Momentum Pick? Why GoDaddy (GDDY) is a Great Choice

November 23, 2023 | stocknews.com

3 Software Stocks Dominating November’s Market Landscape

November 23, 2023 | americanbankingnews.com

GoDaddy (NYSE:GDDY) Upgraded to "Outperform" at Royal Bank of Canada

November 22, 2023 | markets.businessinsider.com

GoDaddy To Gain 'Outsized' Benefits From AI Tools: Analyst

November 22, 2023 | msn.com

GoDaddy rises as RBC calls it 'durably growing cash machine with a dash of AI'

November 22, 2023 | finance.yahoo.com

GoDaddy Wins an Analyst's Heart but Its Charts Don't Set Me Aflutter

November 22, 2023 | americanbankingnews.com

GoDaddy (NYSE:GDDY) Price Target Raised to $110.00 at Robert W. Baird

November 22, 2023 | americanbankingnews.com

GoDaddy (NYSE:GDDY) Reaches New 1-Year High After Analyst Upgrade

November 21, 2023 | msn.com

GoDaddy has 'meaningful runway' ahead despite recent gains: Baird

November 21, 2023 | finance.yahoo.com

At US$92.11, Is It Time To Put GoDaddy Inc. (NYSE:GDDY) On Your Watch List?

November 20, 2023 | finanznachrichten.de

GoDaddy: TENWEST Streetfest and Startup Tucson Creates a Place for Entrepreneurs To Learn and Grow

November 20, 2023 | americanbankingnews.com

GoDaddy Inc. (NYSE:GDDY) CFO Sells $258,929.91 in Stock

November 18, 2023 | finance.yahoo.com

Insider Sell Alert: CFO Mark McCaffrey Sells Shares of GoDaddy Inc (GDDY)

November 18, 2023 | nasdaq.com

Godaddy Inc - Class A Shares Approach 52-Week High - Market Mover

November 17, 2023 | benzinga.com

Black women helping close the gender gap as the fastest growing group of entrepreneurs

November 17, 2023 | finance.yahoo.com

Insider Sell: GoDaddy Inc's COO Roger Chen Sells 21,165 Shares

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 11/29/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Computer integrated systems design
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:GDDY
CUSIP: N/A
CIK: 1609711
Web: www.godaddy.com
Phone: (480) 505-8800
Fax: 512-777-2870
Employees: 6,910
Year Founded: 1997

Price Target and Rating

Average Stock Price Target: $101.18
High Stock Price Target: $125.00
Low Stock Price Target: $80.00
Potential Upside/Downside: +0.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.33
Trailing P/E Ratio: 42.02
Forward P/E Ratio: 31.18
P/E Growth: N/A
Net Income: $352.20 million
Net Margins: 8.45%
Pretax Margin: 8.40%
Return on Equity: -63.92%
Return on Assets: 5.43%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.45
Quick Ratio: 0.45

Sales & Book Value

Annual Sales: $4.09 billion
Price / Sales: 3.38
Cash Flow: $3.61 per share
Price / Cash Flow: 27.12
Book Value: ($6.90) per share
Price / Book: -14.19

Miscellaneous

Outstanding Shares: 141,130,000
Free Float: 140,369,000
Market Cap: $13.82 billion
Optionable: Optionable
Beta: 0.90

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Key Executives

Mr. Amanpal Singh Bhutani (Age 46)
CEO & Director
Comp: $1.82M
Mr. Mark McCaffrey (Age 57)
Chief Financial Officer
Comp: $799.83k
Mr. Roger Chen (Age 52)
Chief Operating Officer
Comp: $917.13k
Mr. Nick Daddario (Age 54)
Chief Accounting Officer
Comp: $428.72k
Ms. Michele Lau (Age 47)
Chief Legal Officer & Corporate Secretary
Comp: $742.67k
Mr. Charles John Robel (Age 74)
Advisor
Comp: $107.02k
Mr. Charles Beadnall
Chief Technology Officer
Ms. Fara Howard
Chief Marketing Officer
Ms. Monica Bailey
Chief People Officer
Mr. Auguste D. Goldman (Age 51)
President of Care & Services

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GDDY Stock Analysis - Frequently Asked Questions

Should I buy or sell GoDaddy stock right now?: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GoDaddy in the last year. There are currently 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GDDY shares.
View GDDY analyst ratings or view top-rated stocks.
What is GoDaddy's stock price target for 2024?: 12 brokerages have issued 1-year target prices for GoDaddy's shares. Their GDDY share price targets range from $80.00 to $125.00. On average, they expect the company's share price to reach $101.18 in the next year. This suggests a possible upside of 3.3% from the stock's current price.
View analysts price targets for GDDY or view top-rated stocks among Wall Street analysts.
How have GDDY shares performed in 2023?: GoDaddy's stock was trading at $74.82 at the start of the year. Since then, GDDY stock has increased by 30.9% and is now trading at $97.91.
View the best growth stocks for 2023 here.
Are investors shorting GoDaddy?: GoDaddy saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 4,240,000 shares, a decrease of 9.8% from the October 31st total of 4,700,000 shares. Based on an average trading volume of 1,970,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 3.0% of the company's shares are sold short.
View GoDaddy's Short Interest.
When is GoDaddy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our GDDY earnings forecast.
How were GoDaddy's earnings last quarter?: GoDaddy Inc. (NYSE:GDDY) released its quarterly earnings results on Thursday, November, 2nd. The technology company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.18. The technology company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.06 billion. GoDaddy had a negative trailing twelve-month return on equity of 63.92% and a net margin of 8.45%.

What ETFs hold GoDaddy's stock?: ETFs with the largest weight of GoDaddy (NYSE:GDDY) stock in their portfolio include FMC Excelsior Focus Equity ETF (FMCX), Global X E-Commerce ETF (EBIZ), SPDR S&P Internet ETF (XWEB), LeaderShares Activist Leaders ETF (ACTV), Goldman Sachs Hedge Industry VIP ETF (GVIP), SRH U.S. Quality ETF (SRHQ), First Trust Dow Jones Internet Index Fund (FDN) and Global X Guru Index ETF (GURU).
What is Aman Bhutani's approval rating as GoDaddy's CEO?: 215 employees have rated GoDaddy Chief Executive Officer Aman Bhutani on Glassdoor.com. Aman Bhutani has an approval rating of 81% among the company's employees.
What other stocks do shareholders of GoDaddy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other GoDaddy investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), PayPal (PYPL), Advanced Micro Devices (AMD), Micron Technology (MU), Block (SQ), Adobe (ADBE) and Intel (INTC).
When did GoDaddy IPO?: (GDDY) raised $396 million in an initial public offering on Wednesday, April 1st 2015. The company issued 22,000,000 shares at $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan and Citigroup served as the underwriters for the IPO and Barclays, Deutsche Bank Securities, RBC Capital Markets, KKR, Stifel, Piper Jaffray, Oppenheimer and JMP Securities were co-managers.
Who are GoDaddy's major shareholders?: GoDaddy's stock is owned by many different institutional and retail investors. Top institutional shareholders include Ameriprise Financial Inc. (4.51%), Morgan Stanley (4.43%), FMR LLC (2.13%), JPMorgan Chase & Co. (1.68%), Jacobs Levy Equity Management Inc. (1.18%) and Bank of New York Mellon Corp (0.98%). Insiders that own company stock include Amanpal Singh Bhutani, Charles J Robel, Leah Sweet, Mark Mccaffrey, Michele Lau, Nick Daddario, Nima Kelly, Raymond E Winborne Jr and Roger Chen.
View institutional ownership trends.
How do I buy shares of GoDaddy?: Shares of GDDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:GDDY) was last updated on 11/30/2023 by MarketBeat.com Staff

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