GoDaddy (GDDY) Stock Forecast, Price & News

10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GoDaddy in the last year. There are currently 3 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GDDY shares.
View GDDY analyst ratings or view top-rated stocks.

10 equities research analysts have issued 1 year price objectives for GoDaddy's shares. Their GDDY share price forecasts range from $80.00 to $103.00. On average, they anticipate the company's stock price to reach $93.10 in the next twelve months. This suggests a possible upside of 28.6% from the stock's current price.
View analysts price targets for GDDY or view top-rated stocks among Wall Street analysts.

GoDaddy's stock was trading at $74.82 on January 1st, 2023. Since then, GDDY shares have decreased by 3.2% and is now trading at $72.39.
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GoDaddy saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,360,000 shares, an increase of 40.5% from the April 30th total of 1,680,000 shares. Based on an average trading volume of 1,090,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.5% of the shares of the stock are short sold.
View GoDaddy's Short Interest.

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

GoDaddy Inc. (NYSE:GDDY) released its quarterly earnings results on Thursday, May, 4th. The technology company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.52 by $0.22. The technology company had revenue of $1.04 billion for the quarter, compared to analysts' expectations of $1.04 billion. GoDaddy had a net margin of 8.03% and a negative trailing twelve-month return on equity of 95.00%. The business's quarterly revenue was up 3.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.41 EPS.

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), LeaderShares Activist Leaders ETF (ACTV), SPDR S&P Internet ETF (XWEB), Kovitz Core Equity ETF (EQTY), First Trust Dow Jones Internet Index Fund (FDN), SRH U.S. Quality ETF (SRHQ) and Global X Guru Index ETF (GURU).

GoDaddy updated its FY 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.25 billion-$4.33 billion, compared to the consensus revenue estimate of $4.29 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 $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 many different retail and institutional investors. Top institutional investors include Wellington Management Group LLP (10.08%), Starboard Value LP (6.51%), BlackRock Inc. (5.53%), Ameriprise Financial Inc. (3.19%), FMR LLC (2.51%) and State Street Corp (2.45%). Insiders that own company stock include Ah Kee Andrew Low, Amanpal Singh Bhutani, Charles J Robel, Leah Sweet, Mark Mccaffrey, Michele Lau, Nick Daddario, Nima Kelly and Raymond E Winborne Jr.
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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 $72.39.

GoDaddy (NYSE:GDDY) has a market capitalization of $11.18 billion and generates $4.09 billion in revenue each year. The technology company earns $352.20 million in net income (profit) each year or $2.09 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.