GoDaddy (NYSE:GDDY) Shares Up 5.6% Following Earnings Beat

Shares of GoDaddy Inc. (NYSE:GDDY) were up 5.6% during trading on Friday after the company announced better than expected quarterly earnings. The stock traded as high as $111.80 and last traded at $111.79. Approximately 683,253 shares changed hands during trading, a decline of 69% from the average daily volume of 2,239,173 shares. The stock had previously closed at $105.89.

The technology company reported $2.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.90 by $0.18. The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.33 billion. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%. The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.51 earnings per share.

Key Headlines Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. GoDaddy reported adjusted earnings of $2.08 per share, ahead of the $1.82–$1.90 analyst estimates, while revenue rose 6.1% year over year to approximately $1.34 billion, topping expectations of about $1.33 billion. EPS also increased from $1.51 in the year-ago quarter. GoDaddy Inc. Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Management expects to reach the high end of its full-year revenue guidance. This signals continued confidence in demand and supports investor expectations for sustained growth. GoDaddy expects to hit high end of full-year revenue guidance
• Positive Sentiment: GoDaddy’s Airo AI offering is gaining traction. Earnings-call highlights indicated that Airo’s annualized revenue run rate has doubled and surpassed $100 million, strengthening the case that AI-powered products can become a meaningful growth driver. GoDaddy Q3 2026 Earnings Call Highlights
• Neutral Sentiment: The earnings call provided additional detail on operating performance, product adoption and the company’s outlook. Investors will continue watching whether AI monetization and revenue growth can offset GoDaddy’s relatively leveraged balance sheet. GoDaddy Q3 2026 Earnings Call Transcript
• Negative Sentiment: A shareholder lawsuit creates a potential overhang. The Shareholders Foundation said a lawsuit was filed on behalf of certain investors and urged eligible shareholders to review their legal options. The notice does not establish wrongdoing, but it could add reputational or legal uncertainty. GoDaddy Investors Lawsuit Alert

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Benchmark lowered their price objective on GoDaddy from $185.00 to $140.00 and set a “buy” rating for the company in a research note on Friday, July 31st. B. Riley Financial cut their target price on GoDaddy from $190.00 to $170.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Wedbush reduced their price target on GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Wells Fargo & Company lowered GoDaddy from an “equal weight” rating to an “underweight” rating and lowered their price target for the stock from $80.00 to $76.00 in a research report on Wednesday, August 26th. Finally, Cantor Fitzgerald upped their price target on shares of GoDaddy from $90.00 to $100.00 and gave the stock a “neutral” rating in a research note on Monday, October 19th. Nine research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $111.75.

Insider Buying and Selling at GoDaddy

In other news, CFO Mark McCaffrey sold 5,873 shares of the company’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $100.91, for a total transaction of $592,644.43. Following the transaction, the chief financial officer directly owned 99,855 shares of the company’s stock, valued at $10,076,368.05. This represents a 5.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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, CAO Phontip Palitwanon sold 530 shares of the stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $101.19, for a total value of $53,630.70. Following the sale, the chief accounting officer directly owned 17,204 shares in the company, valued at $1,740,872.76. This trade represents a 2.99% decrease in their ownership of the stock. 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 quarter, insiders sold 31,358 shares of company stock worth $3,031,831. Insiders own 0.93% of the company’s stock.

Hedge Funds Weigh In On GoDaddy

A number of hedge funds have recently bought and sold shares of GDDY. International Assets Investment Management LLC grew its stake in shares of GoDaddy by 93.8% in the first quarter. International Assets Investment Management LLC now owns 372 shares of the technology company’s stock worth $30,000 after acquiring an additional 180 shares during the period. Acuitas Investments LLC purchased a new position in shares of GoDaddy during the first quarter valued at approximately $33,000. Perkins Coie Trust Co bought a new position in GoDaddy during the second quarter valued at approximately $34,000. Albion Financial Group UT purchased a new stake in GoDaddy in the third quarter worth approximately $39,000. Finally, Elevation Wealth Partners LLC boosted its holdings in GoDaddy by 109.3% in the third quarter. Elevation Wealth Partners LLC now owns 473 shares of the technology company’s stock worth $45,000 after purchasing an additional 247 shares during the last quarter. Hedge funds and other institutional investors own 90.28% of the company’s stock.

GoDaddy Stock Up 6.0%

The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 561.10. The company has a market cap of $14.21 billion, a PE ratio of 16.67 and a beta of 0.94. The company’s fifty day moving average is $101.03 and its 200-day moving average is $92.11.

About GoDaddy

GoDaddy Inc (NYSE: GDDY) is a global technology company that provides online tools and services to entrepreneurs, small businesses and individuals. Its platform helps customers establish, manage and grow an online presence, with offerings that include domain-name registration, website hosting, website and online-store builders, professional email and digital marketing tools.

The company also provides services designed to support commerce and customer engagement, including e-commerce functionality, online appointment scheduling, payments and other business-management capabilities.