GoDaddy (NYSE:GDDY) Receives “Neutral” Rating from Cantor Fitzgerald

GoDaddy (NYSE:GDDY)‘s stock had its “neutral” rating reiterated by stock analysts at Cantor Fitzgerald in a research report issued on Friday,Benzinga reports. They currently have a $90.00 price objective on the technology company’s stock. Cantor Fitzgerald’s price target points to a potential upside of 14.33% from the company’s current price.

Several other equities research analysts also recently weighed in on the company. Benchmark reduced their price target on GoDaddy from $185.00 to $140.00 and set a “buy” rating on the stock in a report on Friday. Wedbush reaffirmed an “outperform” rating on shares of GoDaddy in a research report on Tuesday. Weiss Ratings reiterated a “hold (c-)” rating on shares of GoDaddy in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft downgraded GoDaddy to a “buy” rating in a research report on Friday. Finally, Wells Fargo & Company set a $80.00 target price on shares of GoDaddy in a research note on Friday. Nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $115.14.

GoDaddy Trading Down 20.7%

NYSE:GDDY traded down $20.61 during mid-day trading on Friday, hitting $78.72. 1,877,126 shares of the stock traded hands, compared to its average volume of 2,285,756. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 15.86. GoDaddy has a 52 week low of $71.59 and a 52 week high of $165.11. The stock has a market capitalization of $10.42 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 0.95 and a beta of 0.89. The firm’s 50 day moving average is $86.79 and its two-hundred day moving average is $88.83.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.14. GoDaddy had a net margin of 17.32% and a return on equity of 366.90%. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the firm earned $1.41 earnings per share. The firm’s quarterly revenue was up 6.6% compared to the same quarter last year. On average, equities research analysts predict that GoDaddy will post 7.15 earnings per share for the current year.

Insider Transactions at GoDaddy

In other news, CFO Mark Mccaffrey sold 3,500 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $82.92, for a total transaction of $290,220.00. Following the transaction, the chief financial officer owned 105,728 shares of the company’s stock, valued at approximately $8,766,965.76. This represents a 3.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Phontip Palitwanon sold 542 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $89.86, for a total value of $48,704.12. Following the transaction, the chief accounting officer owned 19,995 shares in the company, valued at approximately $1,796,750.70. This represents a 2.64% 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. Insiders have sold a total of 16,751 shares of company stock valued at $1,480,228 over the last 90 days. 0.93% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GDDY. Rachor Investment Advisory Services LLC purchased a new stake in shares of GoDaddy in the 4th quarter worth approximately $25,000. Activest Wealth Management increased its holdings in GoDaddy by 6,600.0% during the fourth quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock valued at $25,000 after buying an additional 198 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in GoDaddy during the fourth quarter valued at approximately $25,000. Brown Brothers Harriman & Co. raised its stake in GoDaddy by 145.6% in the third quarter. Brown Brothers Harriman & Co. now owns 253 shares of the technology company’s stock worth $35,000 after buying an additional 150 shares in the last quarter. Finally, Harbour Investments Inc. raised its stake in GoDaddy by 191.0% in the fourth quarter. Harbour Investments Inc. now owns 259 shares of the technology company’s stock worth $32,000 after buying an additional 170 shares in the last quarter. 90.28% of the stock is currently owned by institutional investors.

Key Stories Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: GoDaddy reported second-quarter revenue of approximately $1.30 billion, up 6.6% year over year and slightly above expectations, while adjusted earnings of $1.83 per share exceeded the $1.69–$1.72 consensus range. GoDaddy second-quarter financial results
• Positive Sentiment: Management forecast third-quarter revenue of $1.315 billion to $1.335 billion and reaffirmed its approximately $1.8 billion free-cash-flow target for 2026, supporting the company’s cash-generation investment case. GoDaddy third-quarter forecast and free cash flow target
• Positive Sentiment: AI-powered Airo continued to show strong traction, with annualized recurring revenue reportedly increasing fivefold to $50 million. Total recurring revenue reached about $4.4 billion, while record margins and free cash flow were highlighted as additional strengths. GoDaddy Q2 earnings call highlights
• Neutral Sentiment: Raymond James lowered GoDaddy from “strong buy” to “outperform,” citing limited visibility, but maintained a $100 price target—only modestly above the price referenced in the analyst note. Raymond James GoDaddy rating change
• Negative Sentiment: Investors viewed the outlook as underwhelming: third-quarter revenue guidance was broadly in line with estimates, while full-year revenue guidance of $5.2 billion to $5.3 billion offered limited upside. The muted forecast overshadowed the quarterly earnings beat. GoDaddy outlook reaction
• Negative Sentiment: Separate law-firm announcements about investigations into potential securities-law violations add headline and litigation risk, although they do not represent a finding of wrongdoing. GoDaddy securities investigation announcement

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.