GoDaddy (GDDY) Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GoDaddy in the last twelve months. 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.

12 brokers have issued 12-month price objectives for GoDaddy's stock. Their GDDY share price forecasts range from $80.00 to $107.00. On average, they expect the company's share price to reach $91.42 in the next year. This suggests a possible upside of 24.8% from the stock's current price.
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GoDaddy's stock was trading at $74.82 at the start of the year. Since then, GDDY shares have decreased by 2.1% and is now trading at $73.23.
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GoDaddy saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 2,580,000 shares, an increase of 25.2% from the August 15th total of 2,060,000 shares. Based on an average daily trading volume, of 1,390,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.8% of the shares of the stock are sold short.
View GoDaddy's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our GDDY earnings forecast.

GoDaddy Inc. (NYSE:GDDY) released its quarterly earnings results on Thursday, August, 3rd. The technology company reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.08. The technology company earned $1.05 billion during the quarter, compared to the consensus estimate of $1.05 billion. GoDaddy had a negative trailing twelve-month return on equity of 83.74% and a net margin of 7.78%.

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).

GoDaddy updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.05 billion-$1.07 billion, compared to the consensus revenue estimate of $1.09 billion.

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.

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).

(GDDY) raised $396 million in an IPO on Wednesday, April 1st 2015. The company issued 22,000,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan and Citigroup acted 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.

GoDaddy trades on the New York Stock Exchange (NYSE) under the ticker symbol "GDDY."

GoDaddy's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Capital International Investors (8.68%), BlackRock Inc. (6.81%), Starboard Value LP (6.50%), State Street Corp (2.58%), JPMorgan Chase & Co. (1.57%) and Geode Capital Management LLC (1.36%). 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.
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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.
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One share of GDDY stock can currently be purchased for approximately $73.23.

GoDaddy (NYSE:GDDY) has a market capitalization of $10.77 billion and generates $4.09 billion in revenue each year. The technology company earns $352.20 million in net income (profit) each year or $2.07 on an earnings per share basis.

The company employs 6,910 workers across the globe.

GoDaddy's mailing address is 14455 NORTH HAYDEN ROAD, SCOTTSDALE AZ, 85260. The official website for the company is www.godaddy.com. The technology company can be reached via phone at (480) 505-8800, via email at investors@godaddy.com, or via fax at 512-777-2870.