Benchmark Cuts GoDaddy (NYSE:GDDY) Price Target to $210.00

GoDaddy (NYSE:GDDY) had its price objective lowered by Benchmark from $240.00 to $210.00 in a research note released on Monday morning, MarketBeat Ratings reports. The brokerage currently has a buy rating on the technology company’s stock.

GDDY has been the topic of a number of other research reports. Raymond James Financial reaffirmed a “strong-buy” rating on shares of GoDaddy in a research report on Friday, October 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of GoDaddy in a research note on Wednesday, January 28th. Citigroup lowered their price target on shares of GoDaddy from $214.00 to $195.00 and set a “buy” rating for the company in a report on Friday, October 31st. B. Riley Financial dropped their price objective on shares of GoDaddy from $225.00 to $215.00 and set a “buy” rating on the stock in a research report on Friday, October 31st. Finally, Evercore reduced their price objective on shares of GoDaddy from $180.00 to $145.00 and set an “in-line” rating on the stock in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $143.86.

GoDaddy Stock Performance

NYSE GDDY opened at $78.99 on Monday. The stock has a fifty day simple moving average of $106.46 and a 200-day simple moving average of $125.51. GoDaddy has a twelve month low of $73.06 and a twelve month high of $193.55. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 41.06. The stock has a market cap of $10.67 billion, a PE ratio of 12.68, a P/E/G ratio of 0.84 and a beta of 0.94.

GoDaddy (NYSE:GDDY) last posted its earnings results on Tuesday, February 24th. The technology company reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.22. GoDaddy had a net margin of 17.67% and a return on equity of 362.29%. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter last year, the firm earned $1.36 EPS. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. Equities analysts anticipate that GoDaddy will post 6.63 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Mark Mccaffrey sold 3,317 shares of the company’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $127.94, for a total transaction of $424,376.98. Following the transaction, the chief financial officer directly owned 66,816 shares of the company’s stock, valued at $8,548,439.04. This represents a 4.73% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Amanpal Singh Bhutani sold 6,932 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $127.94, for a total transaction of $886,880.08. Following the completion of the transaction, the chief executive officer directly owned 399,133 shares of the company’s stock, valued at approximately $51,065,076.02. This trade represents a 1.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 13,615 shares of company stock valued at $1,743,102 over the last three months. 0.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On GoDaddy

A number of institutional investors and hedge funds have recently bought and sold shares of GDDY. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in GoDaddy by 20.9% during the second quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 99,344 shares of the technology company’s stock worth $17,888,000 after acquiring an additional 17,200 shares during the last quarter. Nomura Asset Management Co. Ltd. lifted its stake in shares of GoDaddy by 14.0% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 86,648 shares of the technology company’s stock worth $15,602,000 after purchasing an additional 10,631 shares during the period. GDS Wealth Management grew its position in shares of GoDaddy by 16.3% in the second quarter. GDS Wealth Management now owns 59,940 shares of the technology company’s stock valued at $10,793,000 after purchasing an additional 8,388 shares during the period. Quantbot Technologies LP acquired a new position in GoDaddy in the second quarter valued at $15,659,000. Finally, Neo Ivy Capital Management purchased a new position in GoDaddy during the second quarter worth about $470,000. Hedge funds and other institutional investors own 90.28% of the company’s stock.

Key GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q4 EPS beat and improving margins: GoDaddy reported EPS that topped consensus and showed rising margins and stronger cash flow trends, evidence of operational leverage. Zacks: Q4 Earnings Beat
• Positive Sentiment: Product/AI partnerships: GoDaddy announced integration with Salesforce’s agent-discovery tools, which could help enterprise trust/AI adoption over time. Yahoo: Salesforce Integration
• Neutral Sentiment: Top-line was roughly flat to estimates: Q4 revenue grew modestly year‑over‑year (about +6.8%) and was roughly in line with consensus, showing steady but not accelerating growth. See the company release and slide deck for quarter detail. PR Newswire: Q4 Results
• Negative Sentiment: Forward revenue guidance disappointed: Management forecasted FY‑2026 revenue below Street estimates and flagged slower adoption of its AI offerings and weaker customer acquisition, a primary driver of the selloff. Reuters: Revenue Forecast Below Estimates
• Negative Sentiment: Multiple analyst price‑target cuts and downgrades followed the print and guidance — UBS, RBC, Wells Fargo and Cantor (among others) lowered targets and/or ratings, increasing near‑term selling pressure. TickerReport / Benzinga: Analyst Actions StreetInsider: RBC Cut
• Negative Sentiment: New securities‑fraud investigation: A law firm announced an inquiry into GoDaddy related to the company’s disclosures around the February results and guidance, which can amplify short‑term uncertainty and selling. Business Wire: Investigation
• Negative Sentiment: Insider selling and institutional rebalancing: Recent filings and summaries flagged notable insider sales and large shifts in institutional positions, which can exacerbate downward momentum. QuiverQuant: Insider & Institutional Activity

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.