Recent Research Analysts’ Ratings Changes for GoDaddy (GDDY)

A number of firms have modified their ratings and price targets on shares of GoDaddy (NYSE: GDDY) recently:

• 2/17/2025 – GoDaddy was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/14/2025 – GoDaddy had its price target raised by analysts at Barclays PLC from $235.00 to $243.00. They now have an “overweight” rating on the stock.
• 2/14/2025 – GoDaddy had its price target raised by analysts at UBS Group AG from $172.00 to $225.00. They now have a “neutral” rating on the stock.
• 2/14/2025 – GoDaddy had its price target raised by analysts at Piper Sandler from $176.00 to $177.00. They now have a “neutral” rating on the stock.
• 2/14/2025 – GoDaddy had its price target raised by analysts at Morgan Stanley from $227.00 to $228.00. They now have an “equal weight” rating on the stock.
• 2/14/2025 – GoDaddy had its price target raised by analysts at B. Riley from $220.00 to $225.00. They now have a “buy” rating on the stock.
• 2/13/2025 – GoDaddy had its price target raised by analysts at Benchmark Co. from $200.00 to $230.00. They now have a “buy” rating on the stock.
• 2/6/2025 – GoDaddy had its price target raised by analysts at JPMorgan Chase & Co. from $224.00 to $231.00. They now have an “overweight” rating on the stock.
• 2/3/2025 – GoDaddy is now covered by analysts at Wells Fargo & Company. They set an “equal weight” rating and a $198.00 price target on the stock.
• 1/21/2025 – GoDaddy had its price target raised by analysts at Raymond James from $185.00 to $230.00. They now have a “strong-buy” rating on the stock.
• 1/13/2025 – GoDaddy had its price target raised by analysts at Morgan Stanley from $189.00 to $227.00. They now have an “equal weight” rating on the stock.
• 1/3/2025 – GoDaddy had its price target raised by analysts at Citigroup Inc. from $240.00 to $251.00. They now have a “buy” rating on the stock.

GoDaddy Stock Performance

Shares of GDDY stock opened at $177.53 on Tuesday. The firm’s 50 day moving average price is $197.96 and its 200-day moving average price is $182.06. The company has a debt-to-equity ratio of 5.46, a quick ratio of 0.56 and a current ratio of 0.72. GoDaddy Inc. has a one year low of $108.38 and a one year high of $216.00. The firm has a market cap of $25.09 billion, a P/E ratio of 27.52 and a beta of 1.15.

GoDaddy (NYSE:GDDY) last released its earnings results on Thursday, February 13th. The technology company reported $1.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.43 by ($0.01). The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.18 billion. GoDaddy had a return on equity of 176.06% and a net margin of 20.49%. As a group, equities research analysts predict that GoDaddy Inc. will post 6.63 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Amanpal Singh Bhutani sold 3,000 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $207.70, for a total value of $623,100.00. Following the transaction, the chief executive officer now directly owns 330,153 shares of the company’s stock, valued at $68,572,778.10. This trade represents a 0.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Roger Chen sold 1,000 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $194.28, for a total transaction of $194,280.00. Following the transaction, the chief operating officer now directly owns 182,632 shares in the company, valued at $35,481,744.96. The trade was a 0.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 17,534 shares of company stock worth $3,533,720 in the last ninety days. 0.61% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ashton Thomas Securities LLC purchased a new stake in shares of GoDaddy in the third quarter valued at about $27,000. Anchor Investment Management LLC purchased a new stake in shares of GoDaddy in the third quarter valued at about $31,000. Versant Capital Management Inc purchased a new stake in shares of GoDaddy in the fourth quarter valued at about $43,000. Rakuten Securities Inc. boosted its holdings in shares of GoDaddy by 311.3% in the fourth quarter. Rakuten Securities Inc. now owns 218 shares of the technology company’s stock valued at $43,000 after acquiring an additional 165 shares in the last quarter. Finally, Friedenthal Financial purchased a new stake in shares of GoDaddy in the fourth quarter valued at about $49,000. 90.28% of the stock is owned by hedge funds and other institutional investors.

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.