GoDaddy Inc. (NYSE:GDDY) Given Average Rating of “Moderate Buy” by Brokerages

GoDaddy Inc. (NYSE:GDDY) has been given an average recommendation of “Moderate Buy” by the eighteen brokerages that are presently covering the company, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $111.9286.

A number of brokerages recently weighed in on GDDY. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $90.00 target price on shares of GoDaddy in a research note on Friday. UBS Group started coverage on GoDaddy in a research note on Tuesday, May 5th. They issued a “neutral” rating and a $100.00 price target on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of GoDaddy in a research note on Tuesday, June 16th. Piper Sandler restated a “neutral” rating and issued a $95.00 price target (up from $93.00) on shares of GoDaddy in a report on Friday. Finally, Raymond James Financial cut GoDaddy from a “strong-buy” rating to an “outperform” rating and set a $100.00 price objective for the company. in a research report on Friday.

Key GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy reported second-quarter adjusted earnings of $1.83 per share, above the roughly $1.69–$1.72 consensus range, while revenue rose 6.6% year over year to approximately $1.30 billion, slightly exceeding estimates. GoDaddy Q2 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Growth was supported by rising average revenue per user, strength across both business segments and accelerating adoption of Airo, GoDaddy’s AI-powered product suite. Airo’s annualized recurring revenue reportedly increased fivefold to $50 million, helping drive record margins and free cash flow. GoDaddy Q2 Earnings Call Highlights
• Positive Sentiment: Management forecast third-quarter revenue of $1.315 billion to $1.335 billion and reaffirmed its approximately $1.8 billion full-year free-cash-flow target. Full-year revenue guidance remains $5.2 billion to $5.3 billion. GoDaddy Forecasts Q3 Revenue and Reaffirms Free Cash Flow
• Neutral Sentiment: Analyst views remain mixed. Cantor Fitzgerald reaffirmed a Neutral rating with a $90 target, while Benchmark maintained Buy despite reducing its target to $140. Raymond James cut GoDaddy from Strong Buy to Outperform and set a $100 target, citing limited visibility. Raymond James Analyst Action
• Negative Sentiment: Investors viewed the quarterly outlook as underwhelming relative to expectations, with several reports describing the guidance as weak despite the earnings beat. Concerns also persist that AI could pressure GoDaddy’s traditional website and domain businesses and weigh on future margins. GoDaddy Goes Down After Q2 Results and Outlook
• Negative Sentiment: Bearish trading activity intensified, with put-option volume reaching 11,680 contracts—nearly five times the typical daily level. Separate law-firm investigations into potential securities-law violations added another source of investor uncertainty.

GoDaddy Stock Performance

Shares of GDDY opened at $82.79 on Monday. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.67 and a current ratio of 0.63. GoDaddy has a twelve month low of $71.59 and a twelve month high of $165.11. The firm’s 50 day moving average price is $86.64 and its two-hundred day moving average price is $88.62. The firm has a market cap of $10.96 billion, a P/E ratio of 12.28, a PEG ratio of 0.74 and a beta of 0.90.

GoDaddy (NYSE:GDDY) last released its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share for the quarter, beating the consensus estimate of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the prior year, the company earned $1.41 earnings per share. The business’s quarterly revenue was up 6.6% compared to the same quarter last year. On average, analysts forecast that GoDaddy will post 7.18 EPS for the current fiscal year.

Insider Transactions at GoDaddy

In other news, CFO Mark Mccaffrey sold 3,958 shares of GoDaddy stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $89.86, for a total value of $355,665.88. Following the sale, the chief financial officer directly owned 109,228 shares in the company, valued at $9,815,228.08. This trade represents a 3.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Amanpal Singh Bhutani sold 8,373 shares of the business’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $89.86, for a total transaction of $752,397.78. Following the completion of the sale, the chief executive officer directly owned 521,747 shares in the company, valued at approximately $46,884,185.42. This represents a 1.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 16,751 shares of company stock worth $1,480,228. Insiders own 0.93% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in GDDY. WCM Investment Management LLC lifted its position in GoDaddy by 1.0% during the 1st 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. increased its position in shares of GoDaddy by 11.0% in the fourth quarter. JPMorgan Chase & Co. now owns 3,216,382 shares of the technology company’s stock valued at $399,089,000 after acquiring an additional 319,515 shares during the last quarter. AQR Capital Management LLC increased its position in shares of GoDaddy by 117.5% in the fourth quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company’s stock valued at $370,991,000 after acquiring an additional 1,615,005 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in GoDaddy by 2.0% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,821,379 shares of the technology company’s stock worth $350,077,000 after acquiring an additional 56,086 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in GoDaddy by 9.5% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 2,733,028 shares of the technology company’s stock worth $339,116,000 after acquiring an additional 235,981 shares in the last quarter. Institutional investors own 90.28% of the company’s stock.

About GoDaddy

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.