NYSE:GDDY

GoDaddy - GDDY Stock Forecast, Price & News

$70.88

-1.21 (-1.68%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: $70.81
▼
$72.87
50-Day Range: $69.63
▼
$83.38
52-Week Range: $64.81
▼
$88.32

Volume: 945,404 shs
Average Volume: 942,686 shs
Market Capitalization: $11.11 billion

P/E Ratio: 34.24
Dividend Yield: N/A
Price Target: $100.75

GoDaddy MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 42.1% Upside
$100.75 Price Target
Short Interest: Healthy
1.76% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.50
Upright™ Environmental Score
News Sentiment: 0.67
Based on 11 Articles This Week
Insider Trading: Selling Shares
$1.61 M Sold Last Quarter
Proj. Earnings Growth: 30.91%
From $2.20 to $2.88 Per Share

Overall MarketRank^™

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

3.03 out of 5 stars

Computer And Technology Sector

55th out of 652 stocks

Computer Integrated Systems Design Industry

2nd out of 40 stocks

3.5

Analyst's Opinion

Consensus Rating
GoDaddy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $100.75, GoDaddy has a forecasted upside of 42.1% from its current price of $70.88.
Amount of Analyst Coverage
GoDaddy has only been the subject of 3 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
1.76% 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 3.1, 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 11.33%, 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.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
GoDaddy has received a 26.11% 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 "Email security software", "Website hosting services", and "Voice over IP software" products. See details.
Environmental Sustainability
The Environmental Impact score for GoDaddy is -0.50.

3.1

News and Social Media Coverage

News Sentiment
GoDaddy has a news sentiment score of 0.67. 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 is a higher news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for GoDaddy this week, compared to 5 articles on an average week.
Search Interest
2 people have searched for GDDY on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added GoDaddy to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% 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 $1,613,907.00 in company stock.
Percentage Held by Insiders
Only 0.37% of the stock of GoDaddy is held by insiders.
Percentage Held by Institutions
96.50% 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 30.91% in the coming year, from $2.20 to $2.88 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GoDaddy is 34.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of GoDaddy is 34.24, 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 366.90.
Price to Earnings Growth Ratio
GoDaddy has a PEG Ratio of 2.19. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
GoDaddy has a P/B Ratio of 141.76. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About GoDaddy (NYSE:GDDY) Stock

GoDaddy Inc. engages in the design and development of cloud-based technology products in the United States and internationally. The company provides domain name registration product that enables to engage customers at the initial stage of establishing a digital identity. It also offers shared Website hosting products that provide various applications and products, such as web analytics, Secure Sockets Layer certificates, and WordPress; Website hosting on virtual private servers and virtual dedicated servers products, which allows customers to select the server configuration suited for their applications, requirements, and growth; managed hosting products to set up, monitor, maintain, secure, and patch software and servers for customers; and security products, a suite of tools designed to help secure customers' online presence. In addition, the company provides presence products, such as Websites + Marketing, a do-it-yourself mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; a range of marketing tools and services designed to help businesses acquire and engage customers, and create content, as well as search engine optimization that helps customers get their websites found on search sites; and social media management services. Further, it offers business application products, such as Microsoft Office 365, email accounts, email marketing, and Internet-based telephony services; online store capabilities that allows customers to transact business directly on their websites; GoDaddy Payments, a payment facilitator; and point-of-sale (POS) devices, as well as software for POS. The company serves small businesses, individuals, organizations, developers, designers, and domain investors. GoDaddy Inc. was incorporated in 2014 and is headquartered in Tempe, Arizona.

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GDDY Stock News Headlines

October 2, 2022 | bizjournals.com

Well-known Austinite becomes GoDaddy board chair

October 1, 2022 | nasdaq.com

GoDaddy (GDDY) is a Top-Ranked Growth Stock: Should You Buy? - Nasdaq

September 30, 2022 | marketwatch.com

GoDaddy Names Sharples Chairman as Robel Retires >GDDY

September 30, 2022 | bizjournals.com

GoDaddy board chair to retire with high-profile successor named

September 29, 2022 | finance.yahoo.com

GoDaddy (GDDY) is a Top-Ranked Growth Stock: Should You Buy?

September 29, 2022 | finance.yahoo.com

GoDaddy Announces Changes to Board of Directors

September 28, 2022 | msn.com

You can now run Google Ads through GoDaddy

September 28, 2022 | finance.yahoo.com

GoDaddy's Launches Microbusiness Data Hub, Showcasing Data from More Than 20 Million Microbusinesses Across the United States and Great Britain

September 28, 2022 | finance.yahoo.com

/C O R R E C T I O N -- GoDaddy Inc./

September 24, 2022 | cnbc.com

Starboard snaps up a position in Wix, and building free cash flow may become a focal point - CNBC

September 24, 2022 | americanbankingnews.com

Arbe Robotics (NASDAQ:ARBE) versus GoDaddy (NYSE:GDDY) Head-To-Head Comparison

September 23, 2022 | finance.yahoo.com

Made in America Season 4 - Highlighting the Strength of Baltimore Entrepreneurs - Yahoo Finance

September 23, 2022 | businessinsider.com

Scammers charging credit cards small monthly fees you may not notice - Business Insider

September 23, 2022 | fool.com

Plenty of Upside Ahead as Activist Investor Enters This Beaten-Down Tech Stock - The Motley Fool

September 22, 2022 | nasdaq.com

Plenty of Upside Ahead as Activist Investor Enters This Beaten-Down Tech Stock - Nasdaq

September 21, 2022 | finance.yahoo.com

GoDaddy Reveals Tools for Every First

September 20, 2022 | nasdaq.com

GoDaddy Inc.'s (NYSE:GDDY) P/E Still Appears To Be Reasonable

September 19, 2022 | nasdaq.com

GoDaddy Inc.'s (NYSE:GDDY) P/E Still Appears To Be Reasonable - Nasdaq

September 16, 2022 | forbes.com

Bluehost Vs. GoDaddy Comparison 2022 - Forbes

September 14, 2022 | forbes.com

How To Build A Website On GoDaddy - Forbes

September 14, 2022 | abcnews.go.com

Video How to turn your side hustle into a small business - ABC News

September 12, 2022 | stocknews.com

2 Software Stocks to Buy in 2022 and Beyond

September 9, 2022 | investorplace.com

The Surge in Ethereum Name Service (ENS) Domains Shows the Blockchain Is Growing Up - InvestorPlace

September 2, 2022 | nasdaq.com

Why Is GoDaddy (GDDY) Down 2.1% Since Last Earnings Report? - Nasdaq

September 2, 2022 | finance.yahoo.com

Why Is GoDaddy (GDDY) Down 2.1% Since Last Earnings Report?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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GDDY Company Calendar

Last Earnings: 8/03/2022
Today: 10/02/2022
Next Earnings (Estimated): 11/02/2022
Fiscal Year End: 12/31/2022

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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: 6,611
Year Founded: 1997

Price Target and Rating

Average Stock Price Forecast: $100.75
High Stock Price Forecast: $110.00
Low Stock Price Forecast: $91.00
Forecasted Upside/Downside: +42.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $2.07
Trailing P/E Ratio: 34.24
Forward P/E Ratio: 32.22
P/E Growth: 2.19
Net Income: $242.30 million
Net Margins: 8.58%
Pretax Margin: 8.81%
Return on Equity: -147.44%
Return on Assets: 4.82%

Debt

Debt-to-Equity Ratio: 46.37
Current Ratio: 0.63
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: $3.82 billion
Price / Sales: 2.91
Cash Flow: $2.60 per share
Price / Cash Flow: 27.28
Book Value: $0.50 per share
Price / Book: 141.76

Miscellaneous

Outstanding Shares: 156,680,000
Free Float: 156,100,000
Market Cap: $11.11 billion
Optionable: Optionable
Beta: 0.93

Social Links

Key Executives

Mr. Amanpal Singh Bhutani (Age 46)
CEO & Director
Comp: $2.05M

Mr. Mark McCaffrey (Age 56)
Chief Financial Officer
Comp: $809.34k

Mr. Nick Daddario (Age 53)
Chief Accounting Officer
Comp: $438.83k

Ms. Michele Lau (Age 46)
Chief Legal Officer & Corp. Sec.
Comp: $785.28k

Mr. Roger Chen (Age 51)
Chief Operating Officer

Mr. Charles Beadnall
Chief Technology Officer

Ms. Fara Howard
Chief Marketing Officer

Ms. Monica Bailey
Chief People Officer

Mr. Auguste D. Goldman (Age 50)
Pres of Care & Services

Ms. Irana Wasti
Pres for GoDaddy EMEA

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GDDY Stock - Frequently Asked Questions

Should I buy or sell GoDaddy stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GoDaddy in the last year. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GDDY shares.
View GDDY analyst ratings or view top-rated stocks.
What is GoDaddy's stock price forecast for 2022?: 6 brokerages have issued 1 year target prices for GoDaddy's shares. Their GDDY share price forecasts range from $91.00 to $110.00. On average, they expect the company's stock price to reach $100.75 in the next year. This suggests a possible upside of 42.1% 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 2022?: GoDaddy's stock was trading at $84.86 at the start of the year. Since then, GDDY shares have decreased by 16.5% and is now trading at $70.88.
View the best growth stocks for 2022 here.
Are investors shorting GoDaddy?: GoDaddy saw a decrease in short interest during the month of September. As of September 15th, there was short interest totaling 2,740,000 shares, a decrease of 11.3% from the August 31st total of 3,090,000 shares. Based on an average daily trading volume, of 878,900 shares, the short-interest ratio is presently 3.1 days. Approximately 1.8% of the shares of the stock are short sold.
View GoDaddy's Short Interest.
When is GoDaddy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our GDDY earnings forecast.
How were GoDaddy's earnings last quarter?: GoDaddy Inc. (NYSE:GDDY) released its quarterly earnings results on Wednesday, August, 3rd. The technology company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.47 by $0.09. The technology company earned $1.02 billion during the quarter, compared to analysts' expectations of $1.02 billion. GoDaddy had a negative trailing twelve-month return on equity of 147.44% and a net margin of 8.58%.
What guidance has GoDaddy issued on next quarter's earnings?: GoDaddy updated its FY 2022 earnings guidance on Wednesday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $4.10 billion-$4.13 billion, compared to the consensus revenue estimate of $4.15 billion.

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 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.
What is GoDaddy's stock symbol?: GoDaddy trades on the New York Stock Exchange (NYSE) under the ticker symbol "GDDY."
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.
What is GoDaddy's stock price today?: One share of GDDY stock can currently be purchased for approximately $70.88.
How much money does GoDaddy make?: GoDaddy (NYSE:GDDY) has a market capitalization of $11.11 billion and generates $3.82 billion in revenue each year. The technology company earns $242.30 million in net income (profit) each year or $2.07 on an earnings per share basis.
How many employees does GoDaddy have?: The company employs 6,611 workers across the globe.
How can I contact GoDaddy?: 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.

This page (NYSE:GDDY) was last updated on 10/2/2022 by MarketBeat.com Staff

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GoDaddy - GDDY Stock Forecast, Price & News

GoDaddy MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows