GoDaddy (NYSE:GDDY – Get Free Report) had its target price dropped by research analysts at B. Riley  from $225.00 to $215.00 in a research note issued on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the technology company’s stock. B. Riley’s target price suggests a potential upside of 61.23% from the stock’s previous close. B. Riley also issued estimates for GoDaddy’s Q4 2025 earnings at $1.57 EPS, FY2025 earnings at $5.77 EPS, Q1 2026 earnings at $1.52 EPS, Q2 2026 earnings at $1.61 EPS, Q3 2026 earnings at $1.84 EPS, Q4 2026 earnings at $1.91 EPS, FY2026 earnings at $6.88 EPS, FY2027 earnings at $8.14 EPS and FY2028 earnings at $9.46 EPS. 
Several other research firms have also recently issued reports on GDDY. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $150.00 price objective on shares of GoDaddy in a research report on Friday. Piper Sandler set a $182.00 price objective on GoDaddy and gave the stock an “overweight” rating in a research report on Friday, August 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of GoDaddy in a research report on Friday. Benchmark lowered their price objective on GoDaddy from $250.00 to $240.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Wells Fargo & Company decreased their target price on GoDaddy from $157.00 to $145.00 and set an “equal weight” rating for the company in a research report on Monday, October 6th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $184.07.
Read Our Latest Report on GoDaddy
GoDaddy Trading Up 5.2%
GoDaddy (NYSE:GDDY – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.50 by $0.01. The business had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.23 billion. GoDaddy had a return on equity of 189.42% and a net margin of 17.01%.The business’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.32 EPS. GoDaddy has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS. As a group, analysts anticipate that GoDaddy will post 6.63 earnings per share for the current fiscal year.
Insider Activity
In other GoDaddy news, CFO Mark Mccaffrey sold 3,326 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $142.21, for a total transaction of $472,990.46. Following the completion of the sale, the chief financial officer directly owned 70,133 shares of the company’s stock, valued at $9,973,613.93. This represents a 4.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Amanpal Singh Bhutani sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $150.00, for a total value of $900,000.00. Following the sale, the chief executive officer directly owned 406,065 shares of the company’s stock, valued at approximately $60,909,750. This represents a 1.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 20,703 shares of company stock worth $2,994,243 over the last quarter. 0.70% of the stock is owned by insiders.
Institutional Trading of GoDaddy
Several institutional investors and hedge funds have recently added to or reduced their stakes in GDDY. Cornerstone Planning Group LLC raised its stake in GoDaddy by 123.4% during the 1st quarter. Cornerstone Planning Group LLC now owns 143 shares of the technology company’s stock valued at $25,000 after acquiring an additional 79 shares during the last quarter. Hemington Wealth Management raised its stake in shares of GoDaddy by 85.9% during the 3rd quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock worth $25,000 after buying an additional 85 shares in the last quarter. Bayforest Capital Ltd purchased a new position in shares of GoDaddy during the 2nd quarter worth approximately $26,000. Park Square Financial Group LLC purchased a new position in shares of GoDaddy during the 1st quarter worth approximately $27,000. Finally, NewSquare Capital LLC raised its stake in shares of GoDaddy by 170.9% during the 2nd quarter. NewSquare Capital LLC now owns 149 shares of the technology company’s stock worth $27,000 after buying an additional 94 shares in the last quarter. 90.28% of the stock is owned by hedge funds and other institutional investors.
GoDaddy Company Profile
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.
See Also
- Five stocks we like better than GoDaddy
 - Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
 - Is Beyond Meat a Buy After Meme Stock Surge? Analysts Say No
 - 2 Fintech Stocks to Buy Now and 1 to Avoid
 - ABBV Stock: $250 May Be the New Floor After Big Q3 Earnings Beat
 - What is Insider Trading? What You Can Learn from Insider Trading
 - Super Micro’s Moment of Truth: A Growth Story Under Pressure
 
Receive News & Ratings for GoDaddy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GoDaddy and related companies with MarketBeat.com's FREE daily email newsletter.
