GoDaddy Inc. (NYSE:GDDY – Get Free Report) has been given a consensus rating of “Hold” by the eighteen ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $110.0667.
Several research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of GoDaddy to a “buy” rating in a report on Friday, July 31st. JPMorgan Chase & Co. dropped their price objective on GoDaddy from $154.00 to $124.00 and set an “overweight” rating on the stock in a research note on Thursday, June 18th. Benchmark reduced their price objective on GoDaddy from $185.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Citigroup decreased their price target on shares of GoDaddy from $110.00 to $105.00 and set a “buy” rating for the company in a research note on Monday, August 3rd. Finally, Piper Sandler reiterated a “neutral” rating and issued a $95.00 price objective (up from $93.00) on shares of GoDaddy in a research note on Friday, July 31st.
View Our Latest Report on GoDaddy
GoDaddy Stock Up 1.7%
GoDaddy (NYSE:GDDY – Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the firm earned $1.41 earnings per share. The business’s revenue was up 6.6% compared to the same quarter last year. As a group, analysts forecast that GoDaddy will post 7.21 earnings per share for the current fiscal year.
Insider Activity
In other GoDaddy news, CFO Mark McCaffrey sold 5,873 shares of the company’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $100.91, for a total transaction of $592,644.43. Following the completion of the sale, the chief financial officer directly owned 99,855 shares of the company’s stock, valued at approximately $10,076,368.05. This represents a 5.55% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Sigal Zarmi sold 350 shares of GoDaddy stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total transaction of $34,104.00. Following the completion of the sale, the director owned 8,283 shares in the company, valued at approximately $807,095.52. This represents a 4.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 30,358 shares of company stock worth $2,883,301. 0.93% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On GoDaddy
A number of institutional investors have recently modified their holdings of GDDY. California State Teachers Retirement System grew its position in GoDaddy by 6,098.5% during the 2nd quarter. California State Teachers Retirement System now owns 13,062,353 shares of the technology company’s stock worth $1,108,733,000 after purchasing an additional 12,851,619 shares during the last quarter. WCM Investment Management LLC grew its holdings in shares of GoDaddy by 1.0% during the first quarter. WCM Investment Management LLC now owns 3,314,456 shares of the technology company’s stock worth $270,924,000 after buying an additional 33,509 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in GoDaddy by 11.0% in the 4th quarter. JPMorgan Chase & Co. now owns 3,216,382 shares of the technology company’s stock worth $399,089,000 after purchasing an additional 319,515 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of GoDaddy by 117.5% during the 4th quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company’s stock worth $370,991,000 after purchasing an additional 1,615,005 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in GoDaddy by 2.0% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,821,379 shares of the technology company’s stock valued at $350,077,000 after purchasing an additional 56,086 shares during the last quarter. 90.28% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting GoDaddy
Here are the key news stories impacting GoDaddy this week:
- Positive Sentiment: Analysts’ average price target of approximately $110.07 implies further upside from recent trading levels. GoDaddy also recently exceeded quarterly earnings and revenue expectations, providing a fundamental counterweight to the legal concerns. GoDaddy Analyst Price Target
- Neutral Sentiment: Multiple investor-rights firms are publicizing the same securities class action and the October 20, 2026 deadline for investors to seek lead-plaintiff status. The repeated announcements primarily increase awareness of existing litigation rather than represent a new operating development. Kaplan Fox GoDaddy Class Action Deadline
- Negative Sentiment: GoDaddy faces a proposed securities-fraud class action covering investors who purchased shares between September 3, 2025, and February 24, 2026. The complaint alleges that the company and certain executives failed to disclose the impact of a $4.99 one-year domain promotion, which allegedly encouraged short-term, lower-value contracts and pressured upfront bookings, despite statements that discounting had been turned off. The allegations have not been proven. GoDaddy Securities Class Action Allegations
- Negative Sentiment: Law firms say the alleged disclosure issues preceded an approximately 14% stock decline. Continued litigation could create legal expenses, management distraction, settlement risk and additional pressure on GoDaddy’s valuation. GoDaddy Securities Fraud Lawsuit
- Negative Sentiment: A GoDaddy director sold 325 shares under a pre-arranged Rule 10b5-1 trading plan. The relatively small, scheduled transaction is unlikely to materially affect valuation but may add modest caution among investors. GoDaddy Director Stock Sale
GoDaddy Company Profile
GoDaddy is a technology company that provides a suite of online services aimed primarily at small businesses, entrepreneurs and individuals looking to establish and grow an online presence. The company’s core activities include domain name registration and aftermarket services, a range of website hosting options, and tools for building, managing and promoting websites. Its product mix is designed to simplify the technical aspects of running a website so customers can focus on their businesses.
Product and service offerings span website builders and managed WordPress hosting, shared and dedicated hosting, e-commerce capabilities, email and productivity solutions, SSL certificates and site security tools, and online marketing and search engine optimization services.
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