GoDaddy (NYSE:GDDY) Shares Gap Down on Analyst Downgrade

Shares of GoDaddy Inc. (NYSE:GDDYGet Free Report) gapped down prior to trading on Wednesday after UBS Group lowered their price target on the stock from $145.00 to $105.00. The stock had previously closed at $92.30, but opened at $76.89. UBS Group currently has a neutral rating on the stock. GoDaddy shares last traded at $77.1690, with a volume of 2,056,150 shares.

Other equities analysts have also issued research reports about the company. Jefferies Financial Group lowered their price target on GoDaddy from $140.00 to $100.00 and set a “hold” rating for the company in a research report on Monday. Evercore reduced their price objective on shares of GoDaddy from $180.00 to $145.00 and set an “in-line” rating for the company in a research note on Friday, October 31st. JPMorgan Chase & Co. dropped their target price on shares of GoDaddy from $222.00 to $200.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st. B. Riley Financial reduced their price target on shares of GoDaddy from $225.00 to $215.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Finally, Benchmark decreased their price objective on shares of GoDaddy from $240.00 to $210.00 and set a “buy” rating for the company in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, GoDaddy presently has a consensus rating of “Moderate Buy” and an average price target of $143.86.

Check Out Our Latest Research Report on GDDY

Insider Transactions at GoDaddy

In related news, CEO Amanpal Singh Bhutani sold 6,932 shares of GoDaddy stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $127.94, for a total value of $886,880.08. Following the completion of the sale, the chief executive officer owned 399,133 shares of the company’s stock, valued at $51,065,076.02. The trade was a 1.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Mark Mccaffrey sold 3,317 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $127.94, for a total value of $424,376.98. Following the completion of the transaction, the chief financial officer directly owned 66,816 shares in the company, valued at $8,548,439.04. The trade was a 4.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,615 shares of company stock worth $1,743,102 in the last ninety days. Insiders own 0.70% of the company’s stock.

More GoDaddy News

Here are the key news stories impacting GoDaddy this week:

  • Positive Sentiment: Q4 EPS beat and improving margins: GoDaddy reported EPS that topped consensus and showed rising margins and stronger cash flow trends, evidence of operational leverage. Zacks: Q4 Earnings Beat
  • Positive Sentiment: Product/AI partnerships: GoDaddy announced integration with Salesforce’s agent-discovery tools, which could help enterprise trust/AI adoption over time. Yahoo: Salesforce Integration
  • Neutral Sentiment: Top-line was roughly flat to estimates: Q4 revenue grew modestly year‑over‑year (about +6.8%) and was roughly in line with consensus, showing steady but not accelerating growth. See the company release and slide deck for quarter detail. PR Newswire: Q4 Results
  • Negative Sentiment: Forward revenue guidance disappointed: Management forecasted FY‑2026 revenue below Street estimates and flagged slower adoption of its AI offerings and weaker customer acquisition, a primary driver of the selloff. Reuters: Revenue Forecast Below Estimates
  • Negative Sentiment: Multiple analyst price‑target cuts and downgrades followed the print and guidance — UBS, RBC, Wells Fargo and Cantor (among others) lowered targets and/or ratings, increasing near‑term selling pressure. TickerReport / Benzinga: Analyst Actions StreetInsider: RBC Cut
  • Negative Sentiment: New securities‑fraud investigation: A law firm announced an inquiry into GoDaddy related to the company’s disclosures around the February results and guidance, which can amplify short‑term uncertainty and selling. Business Wire: Investigation
  • Negative Sentiment: Insider selling and institutional rebalancing: Recent filings and summaries flagged notable insider sales and large shifts in institutional positions, which can exacerbate downward momentum. QuiverQuant: Insider & Institutional Activity

Institutional Trading of GoDaddy

Several hedge funds have recently bought and sold shares of the stock. Hemington Wealth Management grew its stake in shares of GoDaddy by 85.9% during the third quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock worth $25,000 after purchasing an additional 85 shares in the last quarter. Coldstream Capital Management Inc. lifted its holdings in GoDaddy by 4.8% during the 3rd quarter. Coldstream Capital Management Inc. now owns 1,887 shares of the technology company’s stock worth $258,000 after buying an additional 86 shares during the last quarter. Penserra Capital Management LLC lifted its holdings in GoDaddy by 14.0% during the 2nd quarter. Penserra Capital Management LLC now owns 748 shares of the technology company’s stock worth $134,000 after buying an additional 92 shares during the last quarter. NewSquare Capital LLC boosted its position 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 acquiring an additional 94 shares in the last quarter. Finally, MAI Capital Management increased its holdings in shares of GoDaddy by 9.7% in the 2nd quarter. MAI Capital Management now owns 1,127 shares of the technology company’s stock valued at $203,000 after acquiring an additional 100 shares during the last quarter. Institutional investors own 90.28% of the company’s stock.

GoDaddy Trading Down 14.4%

The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 41.06. The firm has a market cap of $10.67 billion, a PE ratio of 12.68, a P/E/G ratio of 0.84 and a beta of 0.94. The business has a fifty day moving average price of $106.46 and a 200 day moving average price of $125.51.

GoDaddy (NYSE:GDDYGet Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The technology company reported $1.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.58 by $0.22. The firm had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. GoDaddy had a return on equity of 362.29% and a net margin of 17.67%.The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company posted $1.36 earnings per share. Analysts forecast that GoDaddy Inc. will post 6.63 EPS for the current year.

GoDaddy Company Profile

(Get Free Report)

GoDaddy is a technology company that provides a suite of online services aimed primarily at small businesses, entrepreneurs and individuals looking to establish and grow an online presence. The company’s core activities include domain name registration and aftermarket services, a range of website hosting options, and tools for building, managing and promoting websites. Its product mix is designed to simplify the technical aspects of running a website so customers can focus on their businesses.

Product and service offerings span website builders and managed WordPress hosting, shared and dedicated hosting, e-commerce capabilities, email and productivity solutions, SSL certificates and site security tools, and online marketing and search engine optimization services.

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