Godaddy Stock Forecast, Price & News

Godaddy's stock was trading at $58.18 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GDDY shares have increased by 23.5% and is now trading at $71.87.
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13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Godaddy in the last year. There are currently 12 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Godaddy.

Godaddy is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Godaddy.

Godaddy Inc (NYSE:GDDY) announced its earnings results on Wednesday, August, 5th. The technology company reported ($4.06) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.17 by $4.23. The technology company had revenue of $806.40 million for the quarter, compared to the consensus estimate of $797.91 million. Godaddy had a negative net margin of 15.72% and a positive return on equity of 50.04%.
View Godaddy's earnings history.

Godaddy updated its third quarter 2020 After-Hours earnings guidance on Wednesday, August, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $835-835 million, compared to the consensus revenue estimate of $815.58 million.

13 analysts have issued twelve-month target prices for Godaddy's shares. Their forecasts range from $81.00 to $110.00. On average, they expect Godaddy's share price to reach $92.36 in the next year. This suggests a possible upside of 28.5% from the stock's current price.
View analysts' price targets for Godaddy.

Godaddy saw a increase in short interest in August. As of August 14th, there was short interest totaling 9,190,000 shares, an increase of 17.7% from the July 30th total of 7,810,000 shares. Based on an average daily volume of 1,690,000 shares, the days-to-cover ratio is currently 5.4 days. Currently, 5.6% of the company's stock are short sold.
View Godaddy's Short Interest.

Some companies that are related to Godaddy include Cerner (CERN), Leidos (LDOS), Jack Henry & Associates (JKHY), Open Text (OTEX), Caci International (CACI), Science Applications International (SAIC), Parsons (PSN), Scientific Games (SGMS), Verint Systems (VRNT), NetScout Systems (NTCT), Allscripts Healthcare Solutions (MDRX), Sykes Enterprises (SYKE), Simulations Plus (SLP), Onespan (OSPN) and Nextgen Healthcare (NXGN).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Godaddy investors own include NVIDIA (NVDA), Netflix (NFLX), Tesla (TSLA), Alibaba Group (BABA), Paypal (PYPL), Advanced Micro Devices (AMD), Micron Technology (MU), Intel (INTC), QUALCOMM (QCOM) and Adobe (ADBE).

(GDDY) raised $396 million in an initial public offering (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 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.

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

Godaddy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.57%), FMR LLC (7.52%), Winslow Capital Management LLC (1.68%), William Blair Investment Management LLC (1.53%), First Trust Advisors LP (1.46%) and Newbrook Capital Advisors LP (0.99%). Company insiders that own Godaddy stock include Ah Kee Andrew Low, Arne Josefsberg, Brian Sharples, Greg Mondre, James M Carroll, Nima Kelly, Raymond E Winborne Jr, Rebecca Morrow, Scott Wagner and Steven Aldrich.
View institutional ownership trends for Godaddy.

GDDY stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Winslow Capital Management LLC, Eminence Capital LP, Marshall Wace LLP, FMR LLC, Vanguard Group Inc., First Trust Advisors LP, and Victory Capital Management Inc.. Company insiders that have sold Godaddy company stock in the last year include Ah Kee Andrew Low, Brian Sharples, Nima Kelly, and Raymond E Winborne Jr.
View insider buying and selling activity for Godaddy.

GDDY stock was purchased by a variety of institutional investors in the last quarter, including Newbrook Capital Advisors LP, Federated Hermes Inc., Man Group plc, Bank of Nova Scotia, Jacobs Levy Equity Management Inc., New York State Common Retirement Fund, NN Investment Partners Holdings N.V., and MUFG Securities EMEA plc.
View insider buying and selling activity for Godaddy.

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

One share of GDDY stock can currently be purchased for approximately $71.87.

Godaddy has a market capitalization of $12.07 billion and generates $2.99 billion in revenue each year. The technology company earns $137 million in net income (profit) each year or $0.82 on an earnings per share basis. Godaddy employs 7,024 workers across the globe.

The official website for Godaddy is www.godaddy.com.

Godaddy's mailing address is 14455 NORTH HAYDEN ROAD, SCOTTSDALE AZ, 85260. The technology company can be reached via phone at 480-505-8800 or via email at [email protected]