William Blair Has Strong Forecast for GoDaddy Q3 Earnings

GoDaddy Inc. (NYSE:GDDYFree Report) – Equities researchers at William Blair boosted their Q3 2026 earnings per share (EPS) estimates for shares of GoDaddy in a report issued on Friday, October 31st. William Blair analyst A. Bhatia now expects that the technology company will post earnings per share of $1.85 for the quarter, up from their previous forecast of $1.75. The consensus estimate for GoDaddy’s current full-year earnings is $6.63 per share. William Blair also issued estimates for GoDaddy’s FY2026 earnings at $7.01 EPS and FY2027 earnings at $8.44 EPS.

Several other equities research analysts also recently issued reports on GDDY. Royal Bank Of Canada cut their price objective on shares of GoDaddy from $225.00 to $200.00 and set an “outperform” rating for the company in a research report on Friday, August 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of GoDaddy in a research note on Friday. Evercore ISI reduced their price target on GoDaddy from $180.00 to $145.00 and set an “in-line” rating for the company in a research note on Friday. JPMorgan Chase & Co. lowered their price objective on GoDaddy from $222.00 to $200.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, UBS Group dropped their target price on GoDaddy from $160.00 to $145.00 and set a “neutral” rating for the company in a report on Friday. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $184.07.

Check Out Our Latest Stock Analysis on GoDaddy

GoDaddy Stock Performance

Shares of GDDY stock opened at $133.35 on Monday. GoDaddy has a 52 week low of $125.00 and a 52 week high of $216.00. The company has a market capitalization of $18.46 billion, a price-to-earnings ratio of 23.81, a PEG ratio of 1.36 and a beta of 0.98. The company has a 50-day simple moving average of $139.06 and a 200 day simple moving average of $160.59. The company has a debt-to-equity ratio of 9.33, a quick ratio of 0.64 and a current ratio of 0.64.

GoDaddy (NYSE:GDDYGet Free Report) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.51 EPS for the quarter, beating the consensus estimate of $1.50 by $0.01. The firm had revenue of $1.27 billion for the quarter, compared to the consensus estimate of $1.23 billion. GoDaddy had a net margin of 17.01% and a return on equity of 189.42%. The company’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.32 earnings per share. GoDaddy has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.

Hedge Funds Weigh In On GoDaddy

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cornerstone Planning Group LLC lifted its holdings in shares of GoDaddy by 123.4% during the 1st quarter. Cornerstone Planning Group LLC now owns 143 shares of the technology company’s stock worth $25,000 after acquiring an additional 79 shares during the period. Bayforest Capital Ltd acquired a new position in GoDaddy during the second quarter valued at approximately $26,000. NewSquare Capital LLC lifted its stake in GoDaddy by 170.9% during the second quarter. NewSquare Capital LLC now owns 149 shares of the technology company’s stock worth $27,000 after purchasing an additional 94 shares during the last quarter. Park Square Financial Group LLC acquired a new stake in shares of GoDaddy in the 1st quarter valued at $27,000. Finally, Private Trust Co. NA boosted its holdings in shares of GoDaddy by 591.3% in the 1st quarter. Private Trust Co. NA now owns 159 shares of the technology company’s stock valued at $29,000 after purchasing an additional 136 shares in the last quarter. 90.28% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at GoDaddy

In related news, COO Roger Chen sold 1,000 shares of the business’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $145.71, for a total value of $145,710.00. Following the completion of the transaction, the chief operating officer owned 251,949 shares of the company’s stock, valued at $36,711,488.79. The trade was a 0.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Mark Mccaffrey sold 3,326 shares of the company’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $142.21, for a total transaction of $472,990.46. Following 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 SEC filing for this sale provides additional information. Over the last three months, insiders sold 20,703 shares of company stock worth $2,994,243. Corporate insiders own 0.70% of the company’s stock.

GoDaddy Company Profile

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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.

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Earnings History and Estimates for GoDaddy (NYSE:GDDY)

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