Godaddy Stock Forecast, Price & News

Godaddy's stock was trading at $58.18 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, GDDY stock has increased by 28.1% and is now trading at $74.50.
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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."
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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) posted its quarterly earnings results on Wednesday, August, 5th. The technology company reported ($4.06) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $4.23. The technology company earned $806.40 million during the quarter, compared to analysts' expectations of $797.91 million. Godaddy had a positive return on equity of 50.04% and a negative net margin of 15.72%.
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 (EPS) 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 brokerages have issued 1 year price targets 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 24.0% 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 trading volume of 1,690,000 shares, the short-interest ratio is currently 5.4 days. Approximately 5.6% of the shares of the 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), Sykes Enterprises (SYKE), Allscripts Healthcare Solutions (MDRX), 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), Square (SQ) and QUALCOMM (QCOM).

(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 many different 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 $74.50.

Godaddy has a market capitalization of $12.51 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]