Should I buy or sell GoDaddy stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GoDaddy in the last twelve months. There are currently 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GDDY shares. View GDDY analyst ratings or view top-rated stocks .

What is GoDaddy's stock price target for 2024?

12 brokers have issued twelve-month target prices for GoDaddy's stock. Their GDDY share price targets range from $110.00 to $150.00. On average, they predict the company's share price to reach $135.18 in the next year. This suggests a possible upside of 11.3% from the stock's current price. View analysts price targets for GDDY or view top-rated stocks among Wall Street analysts .

How have GDDY shares performed in 2024?

GoDaddy's stock was trading at $106.16 at the beginning of the year. Since then, GDDY shares have increased by 14.4% and is now trading at $121.42. View the best growth stocks for 2024 here .

Are investors shorting GoDaddy?

GoDaddy saw a decrease in short interest in March. As of March 31st, there was short interest totaling 2,430,000 shares, a decrease of 5.1% from the March 15th total of 2,560,000 shares. Based on an average daily trading volume, of 1,540,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.7% of the shares of the company are sold short. View GoDaddy's Short Interest .

When is GoDaddy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our GDDY earnings forecast .

How can I listen to GoDaddy's earnings call?

GoDaddy will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link .

How were GoDaddy's earnings last quarter?

GoDaddy Inc. (NYSE:GDDY) issued its earnings results on Tuesday, February, 13th. The technology company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.03 by $0.05. The technology company earned $1.10 billion during the quarter, compared to analyst estimates of $1.10 billion. GoDaddy had a net margin of 32.74% and a negative trailing twelve-month return on equity of 89.25%.

What ETFs hold GoDaddy's stock?

ETFs with the largest weight of GoDaddy (NYSE:GDDY) stock in their portfolio include FMC Excelsior Focus Equity ETF (FMCX) , Global X E-Commerce ETF (EBIZ) , SPDR S&P Internet ETF (XWEB) , LeaderShares Activist Leaders ETF (ACTV) , SRH U.S. Quality ETF (SRHQ) , Invesco S&P MidCap Momentum ETF (XMMO) , Goldman Sachs Hedge Industry VIP ETF (GVIP) and First Trust Dow Jones Internet Index Fund (FDN) .

What guidance has GoDaddy issued on next quarter's earnings?

GoDaddy updated its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

What is Aman Bhutani's approval rating as GoDaddy's CEO?

215 employees have rated GoDaddy Chief Executive Officer Aman Bhutani on Glassdoor.com . Aman Bhutani has an approval rating of 81% among the company's employees.

What other stocks do shareholders of GoDaddy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other GoDaddy investors own include NVIDIA (NVDA) , Netflix (NFLX) , Alibaba Group (BABA) , Tesla (TSLA) , PayPal (PYPL) , Advanced Micro Devices (AMD) , Micron Technology (MU) , Block (SQ) , Adobe (ADBE) and Intel (INTC) .

When did GoDaddy IPO?

GoDaddy (GDDY) raised $396 million in an IPO on Wednesday, April 1st 2015. The company issued 22,000,000 shares at $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan and Citigroup acted as the underwriters for the IPO and Barclays, Deutsche Bank Securities, RBC Capital Markets, KKR, Stifel, Piper Jaffray, Oppenheimer and JMP Securities were co-managers.

Who are GoDaddy's major shareholders?

GoDaddy's stock is owned by many different institutional and retail investors. Top institutional investors include Douglas Lane & Associates LLC (0.63%), Los Angeles Capital Management LLC (0.23%), Diversified Investment Strategies LLC (0.07%), Alaska Permanent Fund Corp (0.01%), Perpetual Ltd (0.01%) and Gulf International Bank UK Ltd (0.01%). Insiders that own company stock include Amanpal Singh Bhutani , Charles J Robel , Leah Sweet , Mark Mccaffrey , Michele Lau , Nick Daddario and Roger Chen . View institutional ownership trends .

How do I buy shares of GoDaddy?

Shares of GDDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:GDDY

GoDaddy (GDDY) Stock Price, News & Analysis

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$121.42

-1.88 (-1.52%)

(As of 04/15/2024 ET)

Compare

Today's Range: $121.16
▼
$125.03
50-Day Range: $108.93
▼
$126.85
52-Week Range: $67.43
▼
$127.15

Volume: 1.04 million shs
Average Volume: 1.50 million shs
Market Capitalization: $17.30 billion

P/E Ratio: 12.67
Dividend Yield: N/A
Price Target: $135.18

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GoDaddy MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 11.3% Upside
$135.18 Price Target
Short Interest: Healthy
1.72% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.85
Upright™ Environmental Score
News Sentiment: 1.00
Based on 13 Articles This Week
Insider Trading: Selling Shares
$13.53 M Sold Last Quarter
Proj. Earnings Growth: 32.14%
From $4.76 to $6.29 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.89 out of 5 stars

Computer And Technology Sector

61st out of 593 stocks

Computer Integrated Systems Design Industry

2nd out of 34 stocks

3.4

Analyst's Opinion

Consensus Rating
GoDaddy has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
GoDaddy has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
1.72% of the float of GoDaddy has been sold short.
Short Interest Ratio / Days to Cover
GoDaddy has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in GoDaddy has recently decreased by 5.08%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
GoDaddy does not currently pay a dividend.
Dividend Growth
GoDaddy does not have a long track record of dividend growth.

2.9

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
GoDaddy has received a 25.32% net impact score from Upright. GoDaddy seems to create the most significant positive value in categories "Taxes", "Jobs", and "Knowledge infrastructure". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Cybersecurity software", "Website hosting services", and "Web development platforms" products. See details.
Environmental Sustainability
The Environmental Impact score for GoDaddy is -0.85.

3.3

News and Social Media Coverage

News Sentiment
GoDaddy has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for GoDaddy this week, compared to 10 articles on an average week.
Search Interest
16 people have searched for GDDY on MarketBeat in the last 30 days. This is an increase of 23% compared to the previous 30 days.
MarketBeat Follows
Only 16 people have added GoDaddy to their MarketBeat watchlist in the last 30 days. This is a decrease of -64% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GoDaddy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $13,534,946.00 in company stock.
Percentage Held by Insiders
Only 0.54% of the stock of GoDaddy is held by insiders.
Percentage Held by Institutions
90.28% of the stock of GoDaddy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for GoDaddy are expected to grow by 32.14% in the coming year, from $4.76 to $6.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GoDaddy is 12.67, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.26.
Price to Earnings Ratio vs. Sector
The P/E ratio of GoDaddy is 12.67, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 263.39.
Price to Book Value per Share Ratio
GoDaddy has a P/B Ratio of 275.95. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About GoDaddy Stock (NYSE:GDDY)

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. The segment also offers connected commerce comprising Smart Terminal, a dual screen all-in-one Point-of-Sale system that allows customers to manage in-store inventory and product catalogs and take payments; GoDaddy Payments, a payment facilitator that enables customers to accept all major forms of payments; and email service plans with a multi-feature web interface, and Microsoft Office 365 accounts that connects to customers' domains. The Core Platform segment offers domain products, including primary registrations, domain aftermarket platform, and domain name add-ons, as well as GoDaddy Registry, a provider of domain name registry services; and hosting and security services comprising shared website hosting, virtual private servers, and managed wordpress hosting services, as well as security products with a comprehensive suite of tools designed to help secure customers' online presence. The company serves small businesses, individuals, organizations, developers, designers, and domain investors. GoDaddy Inc. was incorporated in 2014 and is headquartered in Tempe, Arizona.

GDDY Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GDDY Stock News Headlines

April 5, 2024 | insidertrades.com

Mark Mccaffrey Sells 624 Shares of GoDaddy Inc. (NYSE:GDDY) Stock

March 26, 2024 | insidertrades.com

Insider Selling: GoDaddy Inc. (NYSE:GDDY) CEO Sells 2,500 Shares of Stock

April 16, 2024 | Porter & Company (Ad)

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Sam Altman, the CEO of OpenAI, has invested $375 million into a breakthrough technology, that legendary financial analyst Porter Stansberry believes… …could be the number-one investment of the decade.

April 15, 2024 | tldinvestors.com

Changes coming to GoDaddy Auctions

April 15, 2024 | msn.com

Could generative AI save small businesses $4000 in 2024? We talk to GoDaddy about its most recent survey.

April 11, 2024 | finanznachrichten.de

GoDaddy: New Results: Microbusinesses Drive Job Creation, Reduce Unemployment

April 10, 2024 | finanznachrichten.de

GoDaddy: Gaining Invaluable Skills: Meet Aleksandar Stancov

April 9, 2024 | finanznachrichten.de

GoDaddy: US Entrepreneurs Skew Older Than Counterparts in the UK

April 16, 2024 | Porter & Company (Ad)

The #1 Investment of the Decade…

April 9, 2024 | prnewswire.com

GoDaddy Inc. to Announce First Quarter 2024 Financial Results on Thursday, May 2, 2024

April 9, 2024 | tldinvestors.com

Variant.com closes at $118K at GoDaddy Auctions

April 8, 2024 | investorplace.com

7 Tech Stocks to Pick Up From the Discount Bin

April 8, 2024 | benzinga.com

Small-Cap Companies Can Offer Promise Of High Returns, But How Does One Find Winners Given The Risks Involved? A Look Inside Infracap's SCAP ETF - GoDaddy (NYSE:GDDY), Chord Energy (NASDAQ:CHRD)

April 5, 2024 | finanznachrichten.de

GoDaddy: Diving Into Analytics: Meet Hema Ramaswamy

April 5, 2024 | finance.yahoo.com

The 62% return delivered to GoDaddy's (NYSE:GDDY) shareholders actually lagged YoY earnings growth

April 5, 2024 | americanbankingnews.com

Roger Chen Sells 4,000 Shares of GoDaddy Inc. (NYSE:GDDY) Stock

April 5, 2024 | americanbankingnews.com

GoDaddy Inc. (NYSE:GDDY) Receives Consensus Rating of "Moderate Buy" from Analysts

April 4, 2024 | finance.yahoo.com

GDDY May 2024 126.000 call

April 4, 2024 | finance.yahoo.com

GDDY May 2024 118.000 put

April 3, 2024 | finanznachrichten.de

GoDaddy: Small Businesses Adopting AI Expect to Thrive Against Competitors

April 2, 2024 | stockhouse.com

Recap of Key Factors Driving Women Entrepreneurial Success

April 2, 2024 | markets.businessinsider.com

Buy Rating for GoDaddy: AI Tool ‘Airo’ Enhances User Experience and Revenue Prospects

March 30, 2024 | finanznachrichten.de

GoDaddy: Las Vegas' First-Ever Microbusiness Summit

March 30, 2024 | msn.com

How much does it cost to build a website?

March 28, 2024 | finance.yahoo.com

Online Microbusinesses Lower Local Unemployment, Says GoDaddy and UCLA Research

March 27, 2024 | msn.com

GoDaddy, Squarespace get Outperform ratings at Raymond James on AI benefit

March 26, 2024 | prnewswire.com

Small Businesses Adopting AI Expect to Thrive Against Competitors

See More Headlines

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Company Calendar

Last Earnings: 2/13/2024
Today: 4/15/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Computer integrated systems design
Sub-Industry: N/A
Current Symbol: NYSE:GDDY
CUSIP: N/A
CIK: 1609711
Web: www.godaddy.com
Phone: (480) 505-8800
Fax: 512-777-2870
Employees: 6,159
Year Founded: 1997

Price Target and Rating

Average Stock Price Target: $135.18
High Stock Price Target: $150.00
Low Stock Price Target: $110.00
Potential Upside/Downside: +11.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 12 Analysts

Profitability

EPS (Most Recent Fiscal Year): $9.58
Trailing P/E Ratio: 12.67
Forward P/E Ratio: 25.51
P/E Growth: N/A
Net Income: $1.37 billion
Net Margins: 32.74%
Pretax Margin: 9.49%
Return on Equity: -89.25%
Return on Assets: 6.17%

Debt

Debt-to-Equity Ratio: 61.07
Current Ratio: 0.47
Quick Ratio: 0.47

Sales & Book Value

Annual Sales: $4.25 billion
Price / Sales: 4.07
Cash Flow: $4.13 per share
Price / Cash Flow: 29.39
Book Value: $0.44 per share
Price / Book: 275.95

Miscellaneous

Outstanding Shares: 142,480,000
Free Float: 141,709,000
Market Cap: $17.30 billion
Optionable: Optionable
Beta: 1.12

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Key Executives

Mr. Amanpal Singh Bhutani (Age 47)
CEO & Director
Comp: $1.82M
Mr. Mark McCaffrey (Age 58)
Chief Financial Officer
Comp: $799.83k
Mr. Roger Chen (Age 53)
Chief Operating Officer
Comp: $917.13k
Mr. Nick Daddario (Age 55)
Chief Accounting Officer
Comp: $428.72k
Mr. Charles John Robel (Age 75)
Advisor
Comp: $107.02k
Mr. Charles Beadnall
Chief Technology Officer
Mr. Jared Franklin Sine (Age 45)
Chief Strategy & Legal Officer
Ms. Fara Howard
Chief Marketing Officer
Ms. Monica Bailey
Chief People Officer
Mr. Paul Nicks
President of Domain Registrars & Investors

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GDDY Stock Analysis - Frequently Asked Questions

Should I buy or sell GoDaddy stock right now?: 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GoDaddy in the last twelve months. There are currently 4 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GDDY shares.
View GDDY analyst ratings or view top-rated stocks.
What is GoDaddy's stock price target for 2024?: 12 brokers have issued twelve-month target prices for GoDaddy's stock. Their GDDY share price targets range from $110.00 to $150.00. On average, they predict the company's share price to reach $135.18 in the next year. This suggests a possible upside of 11.3% from the stock's current price.
View analysts price targets for GDDY or view top-rated stocks among Wall Street analysts.
How have GDDY shares performed in 2024?: GoDaddy's stock was trading at $106.16 at the beginning of the year. Since then, GDDY shares have increased by 14.4% and is now trading at $121.42.
View the best growth stocks for 2024 here.
Are investors shorting GoDaddy?: GoDaddy saw a decrease in short interest in March. As of March 31st, there was short interest totaling 2,430,000 shares, a decrease of 5.1% from the March 15th total of 2,560,000 shares. Based on an average daily trading volume, of 1,540,000 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.7% of the shares of the company are sold short.
View GoDaddy's Short Interest.
When is GoDaddy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our GDDY earnings forecast.
How can I listen to GoDaddy's earnings call?: GoDaddy will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.
How were GoDaddy's earnings last quarter?: GoDaddy Inc. (NYSE:GDDY) issued its earnings results on Tuesday, February, 13th. The technology company reported $1.08 EPS for the quarter, beating the consensus estimate of $1.03 by $0.05. The technology company earned $1.10 billion during the quarter, compared to analyst estimates of $1.10 billion. GoDaddy had a net margin of 32.74% and a negative trailing twelve-month return on equity of 89.25%.
What ETFs hold GoDaddy's stock?: ETFs with the largest weight of GoDaddy (NYSE:GDDY) stock in their portfolio include FMC Excelsior Focus Equity ETF (FMCX), Global X E-Commerce ETF (EBIZ), SPDR S&P Internet ETF (XWEB), LeaderShares Activist Leaders ETF (ACTV), SRH U.S. Quality ETF (SRHQ), Invesco S&P MidCap Momentum ETF (XMMO), Goldman Sachs Hedge Industry VIP ETF (GVIP) and First Trust Dow Jones Internet Index Fund (FDN).

What guidance has GoDaddy issued on next quarter's earnings?: GoDaddy updated its first quarter 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.
What is Aman Bhutani's approval rating as GoDaddy's CEO?: 215 employees have rated GoDaddy Chief Executive Officer Aman Bhutani on Glassdoor.com. Aman Bhutani has an approval rating of 81% among the company's employees.
What other stocks do shareholders of GoDaddy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other GoDaddy investors own include NVIDIA (NVDA), Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), PayPal (PYPL), Advanced Micro Devices (AMD), Micron Technology (MU), Block (SQ), Adobe (ADBE) and Intel (INTC).
When did GoDaddy IPO?: GoDaddy (GDDY) raised $396 million in an IPO on Wednesday, April 1st 2015. The company issued 22,000,000 shares at $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan and Citigroup acted as the underwriters for the IPO and Barclays, Deutsche Bank Securities, RBC Capital Markets, KKR, Stifel, Piper Jaffray, Oppenheimer and JMP Securities were co-managers.
Who are GoDaddy's major shareholders?: GoDaddy's stock is owned by many different institutional and retail investors. Top institutional investors include Douglas Lane & Associates LLC (0.63%), Los Angeles Capital Management LLC (0.23%), Diversified Investment Strategies LLC (0.07%), Alaska Permanent Fund Corp (0.01%), Perpetual Ltd (0.01%) and Gulf International Bank UK Ltd (0.01%). Insiders that own company stock include Amanpal Singh Bhutani, Charles J Robel, Leah Sweet, Mark Mccaffrey, Michele Lau, Nick Daddario and Roger Chen.
View institutional ownership trends.
How do I buy shares of GoDaddy?: Shares of GDDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GDDY) was last updated on 4/16/2024 by MarketBeat.com Staff

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