GoDaddy (NYSE:GDDY) Shares Gap Up on Strong Earnings

Shares of GoDaddy Inc. (NYSE:GDDY) gapped up before the market opened on Friday following a stronger than expected earnings report. The stock had previously closed at $86.79, but opened at $93.99. GoDaddy shares last traded at $84.3210, with a volume of 503,205 shares traded.

The technology company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.07. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.26 billion. GoDaddy had a return on equity of 369.00% and a net margin of 17.67%.The company’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.51 earnings per share.

GoDaddy News Summary

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q1 results beat expectations — GAAP EPS of $1.60 vs. $1.53 consensus and revenue of $1.27B (vs. ~$1.26B est.), with revenue up ~6.1% year-over-year, giving investors confidence in near-term profitability. MarketBeat Earnings Report
• Positive Sentiment: Management guided quarterly revenue above Street estimates and explicitly cited its AI toolset as a growth driver to attract more small-business customers — a strategic positioning that supports revenue growth expectations. Reuters: GoDaddy forecasts revenue above estimates
• Positive Sentiment: Market commentary highlights momentum from GoDaddy’s AI platform and platform adoption, which analysts and retail media say helped lift the stock after the print. Blockonomi: Stock Surges on Q1 and AI
• Neutral Sentiment: Some coverage frames revenue as essentially in line with expectations (small beat vs. consensus), underscoring that the quarter was broadly as expected rather than a major upside surprise. Yahoo Finance: Q1 Results
• Neutral Sentiment: Investor materials (press release, slide deck, conference call) were published alongside results — useful for due diligence but not a market-moving surprise on their own. PR Newswire: Q1 Financial Results
• Negative Sentiment: Underlying fundamentals leave some risks: growth is modest (~6% YoY revenue), leverage and liquidity metrics are notable (debt/equity ~17.5, current ratio ~0.61), and the stock remains well below its 200‑day moving average and one‑year high — factors that could cap upside if execution slows. MarketBeat Stock Profile

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on GDDY. Wells Fargo & Company reissued a “positive” rating and issued a $83.00 price objective on shares of GoDaddy in a report on Friday. Evercore set a $95.00 price objective on GoDaddy in a report on Wednesday, February 25th. Benchmark cut their price objective on GoDaddy from $195.00 to $185.00 and set a “buy” rating on the stock in a report on Tuesday. Cantor Fitzgerald cut their price objective on GoDaddy from $130.00 to $90.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Finally, Jefferies Financial Group cut their price objective on GoDaddy from $140.00 to $100.00 and set a “hold” rating on the stock in a report on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $124.21.

Insider Transactions at GoDaddy

In other news, CEO Amanpal Singh Bhutani sold 34,148 shares of GoDaddy stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $88.99, for a total value of $3,038,830.52. Following the sale, the chief executive officer directly owned 530,120 shares of the company’s stock, valued at $47,175,378.80. The trade was a 6.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Mark Mccaffrey sold 17,406 shares of GoDaddy stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $88.99, for a total value of $1,548,959.94. Following the completion of the sale, the chief financial officer directly owned 113,003 shares in the company, valued at $10,056,136.97. This represents a 13.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 61,918 shares of company stock valued at $5,500,469. Insiders own 0.70% of the company’s stock.

Institutional Trading of GoDaddy

Institutional investors have recently made changes to their positions in the company. Hemington Wealth Management boosted its stake in shares of GoDaddy by 85.9% in the third quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock worth $25,000 after acquiring an additional 85 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of GoDaddy in the fourth quarter worth approximately $25,000. Rachor Investment Advisory Services LLC acquired a new stake in shares of GoDaddy in the fourth quarter worth approximately $25,000. Activest Wealth Management boosted its stake in shares of GoDaddy by 6,600.0% in the fourth quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock worth $25,000 after acquiring an additional 198 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new stake in shares of GoDaddy in the third quarter worth approximately $31,000. 90.28% of the stock is owned by institutional investors and hedge funds.

GoDaddy Price Performance

The company has a debt-to-equity ratio of 17.50, a current ratio of 0.61 and a quick ratio of 0.61. The stock has a 50 day moving average price of $84.84 and a 200-day moving average price of $107.03. The stock has a market capitalization of $11.33 billion, a price-to-earnings ratio of 13.53, a price-to-earnings-growth ratio of 0.79 and a beta of 0.98.

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.