Royal Bank Of Canada Issues Pessimistic Forecast for GoDaddy (NYSE:GDDY) Stock Price

GoDaddy (NYSE:GDDY) had its target price reduced by stock analysts at Royal Bank Of Canada from $200.00 to $100.00 in a report issued on Wednesday, MarketBeat Ratings reports. The firm currently has an “outperform” rating on the technology company’s stock. Royal Bank Of Canada’s target price would indicate a potential upside of 15.87% from the company’s previous close.

A number of other research firms have also weighed in on GDDY. Raymond James Financial reaffirmed a “strong-buy” rating on shares of GoDaddy in a report on Friday, October 31st. Cantor Fitzgerald reduced their price target on shares of GoDaddy from $130.00 to $90.00 and set a “neutral” rating for the company in a research report on Wednesday. UBS Group lowered their price objective on GoDaddy from $160.00 to $145.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Morgan Stanley dropped their price objective on GoDaddy from $159.00 to $145.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Finally, Evercore reduced their target price on GoDaddy from $180.00 to $145.00 and set an “in-line” rating for the company in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $131.93.

GoDaddy Stock Up 9.1%

Shares of NYSE GDDY opened at $86.30 on Wednesday. GoDaddy has a 52 week low of $73.06 and a 52 week high of $193.55. The business has a 50-day simple moving average of $105.65 and a two-hundred day simple moving average of $125.24. The company has a quick ratio of 0.57, a current ratio of 0.61 and a debt-to-equity ratio of 17.50. The company has a market cap of $11.66 billion, a P/E ratio of 13.85, a P/E/G ratio of 0.72 and a beta of 0.94.

GoDaddy (NYSE:GDDY) last posted its earnings results on Tuesday, February 24th. The technology company reported $1.80 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.22. GoDaddy had a return on equity of 369.00% and a net margin of 17.67%.The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the firm earned $1.36 EPS. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. Research analysts anticipate that GoDaddy will post 6.63 earnings per share for the current fiscal year.

Insider Buying and Selling at GoDaddy

In other GoDaddy news, CFO Mark Mccaffrey sold 3,317 shares of GoDaddy stock in a transaction dated Tuesday, December 2nd. The stock was sold at an average price of $127.94, for a total transaction of $424,376.98. Following the completion of the sale, the chief financial officer owned 66,816 shares of the company’s stock, valued at $8,548,439.04. The trade was a 4.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Phontip Palitwanon sold 2,397 shares of the stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $128.44, for a total value of $307,870.68. Following the transaction, the chief accounting officer owned 17,055 shares in the company, valued at $2,190,544.20. This trade represents a 12.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 13,615 shares of company stock worth $1,743,102 over the last 90 days. Corporate insiders own 0.70% of the company’s stock.

Institutional Investors Weigh In On GoDaddy

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. grew its position in GoDaddy by 67.0% during the 4th quarter. Pacer Advisors Inc. now owns 1,256,998 shares of the technology company’s stock worth $155,968,000 after acquiring an additional 504,374 shares during the last quarter. Invesco Ltd. boosted its stake in shares of GoDaddy by 9.3% during the fourth quarter. Invesco Ltd. now owns 2,209,899 shares of the technology company’s stock valued at $274,204,000 after purchasing an additional 187,839 shares during the period. Corient Private Wealth LLC grew its holdings in shares of GoDaddy by 17.9% in the fourth quarter. Corient Private Wealth LLC now owns 10,215 shares of the technology company’s stock worth $1,222,000 after purchasing an additional 1,552 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of GoDaddy by 85.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 30,531 shares of the technology company’s stock worth $3,788,000 after purchasing an additional 14,053 shares during the last quarter. Finally, Delta Global Management LP increased its stake in shares of GoDaddy by 13.6% in the fourth quarter. Delta Global Management LP now owns 19,624 shares of the technology company’s stock worth $2,435,000 after buying an additional 2,354 shares during the period. Institutional investors own 90.28% of the company’s stock.

More GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q4 earnings beat and upbeat outlook — GoDaddy reported stronger-than-expected EPS and an encouraging 2026 revenue and cash-flow outlook, supporting the case that the core business can still deliver margin expansion and cash generation. Q4 Earnings Beat
• Positive Sentiment: Strategic product news — GoDaddy disclosed integrations with Salesforce AI/MuleSoft capabilities, which investors may view as validating its AI/agent strategy and potential new enterprise pull-through. Salesforce Integration
• Neutral Sentiment: Some analysts retained constructive ratings even after cuts — major brokers cut price targets but kept “buy”/”overweight” stances (e.g., Citi and Barclays), signaling continued confidence in the story despite reduced near‑term expectations. Analyst Notes
• Neutral Sentiment: Mixed analyst re-rates to neutral — UBS and Cantor Fitzgerald trimmed targets and moved to neutral ratings in recent reports, which may limit upside until guidance clarity returns. UBS PT Cut Cantor PT
• Negative Sentiment: Widespread price-target cuts — Multiple banks slashed targets sharply (Wells Fargo to $77, RBC/UBS/Citi/Barclays and others also cut), increasing near‑term downside risk and signaling lower consensus valuations. Wells Fargo PT Cut Multiple PT Cuts
• Negative Sentiment: Securities‑fraud investigations announced — Several law firms have opened probes into GoDaddy’s disclosures around the earnings period, creating legal/settlement risk and adding to investor uncertainty. Fraud Investigation
• Negative Sentiment: Weaker 2026 revenue guidance drove a sharp knee‑jerk selloff after results — guidance was viewed as disappointing by some investors and triggered a move to multi‑year lows earlier in the week. Weaker Guidance Two-Year Low

GoDaddy Company Profile

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.