Equities Analysts Issue Forecasts for GoDaddy Q1 Earnings

GoDaddy Inc. (NYSE:GDDY) – Research analysts at B. Riley lowered their Q1 2025 earnings per share (EPS) estimates for GoDaddy in a note issued to investors on Friday, January 17th. B. Riley analyst N. Khan now expects that the technology company will post earnings per share of $1.67 for the quarter, down from their prior forecast of $1.68. B. Riley currently has a “Buy” rating and a $190.00 target price on the stock. The consensus estimate for GoDaddy’s current full-year earnings is $4.96 per share. B. Riley also issued estimates for GoDaddy’s Q2 2025 earnings at $1.73 EPS.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings data on Wednesday, October 30th. The technology company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.07. GoDaddy had a return on equity of 267.29% and a net margin of 41.74%. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the company earned $0.89 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year.

Other equities analysts have also issued reports about the company. Royal Bank of Canada reissued an “outperform” rating and issued a $230.00 price target (up from $190.00) on shares of GoDaddy in a research note on Wednesday, December 4th. Robert W. Baird boosted their price target on GoDaddy from $200.00 to $225.00 and gave the company an “outperform” rating in a research note on Tuesday, November 19th. StockNews.com lowered GoDaddy from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 8th. Benchmark boosted their price target on GoDaddy from $186.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Barclays boosted their price target on GoDaddy from $165.00 to $185.00 and gave the company an “overweight” rating in a research note on Wednesday, September 25th. Five research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, GoDaddy presently has an average rating of “Moderate Buy” and an average price target of $194.14.

GoDaddy Price Performance

Shares of GDDY opened at $200.89 on Monday. GoDaddy has a 1 year low of $106.32 and a 1 year high of $211.11. The company has a debt-to-equity ratio of 10.61, a current ratio of 0.56 and a quick ratio of 0.56. The business has a 50-day moving average of $198.80 and a 200-day moving average of $171.38. The company has a market capitalization of $28.20 billion, a price-to-earnings ratio of 15.52 and a beta of 1.15.

Insider Buying and Selling

In related news, CEO Amanpal Singh Bhutani sold 3,000 shares of the company’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $167.79, for a total transaction of $503,370.00. Following the completion of the sale, the chief executive officer now owns 345,956 shares in the company, valued at approximately $58,047,957.24. This represents a 0.86 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Brian Sharples sold 500 shares of the company’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $179.00, for a total value of $89,500.00. Following the completion of the transaction, the director now owns 24,121 shares of the company’s stock, valued at $4,317,659. This trade represents a 2.03 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 24,483 shares of company stock worth $4,759,553. 0.61% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of GDDY. Wedge Capital Management L L P NC lifted its position in shares of GoDaddy by 2,279.5% during the 3rd quarter. Wedge Capital Management L L P NC now owns 401,249 shares of the technology company’s stock valued at $62,908,000 after buying an additional 384,386 shares during the last quarter. Mizuho Securities USA LLC lifted its position in shares of GoDaddy by 3,227.3% during the 3rd quarter. Mizuho Securities USA LLC now owns 361,710 shares of the technology company’s stock valued at $56,709,000 after buying an additional 350,839 shares during the last quarter. FMR LLC lifted its position in shares of GoDaddy by 19.8% during the 3rd quarter. FMR LLC now owns 1,660,283 shares of the technology company’s stock valued at $260,299,000 after buying an additional 274,014 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of GoDaddy by 37.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 861,066 shares of the technology company’s stock valued at $120,305,000 after buying an additional 235,934 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI purchased a new position in shares of GoDaddy during the 2nd quarter valued at $30,785,000. Institutional investors own 90.28% of the company’s stock.

About GoDaddy

GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.