Citigroup Cuts GoDaddy (NYSE:GDDY) Price Target to $110.00

GoDaddy (NYSE:GDDY) had its price target lowered by investment analysts at Citigroup from $195.00 to $110.00 in a research report issued on Thursday,Benzinga reports. The firm presently has a “buy” rating on the technology company’s stock. Citigroup’s target price would indicate a potential upside of 27.64% from the company’s current price.

A number of other analysts have also weighed in on GDDY. UBS Group cut their price objective on GoDaddy from $145.00 to $105.00 and set a “neutral” rating on the stock in a research report on Wednesday. Morgan Stanley cut their target price on shares of GoDaddy from $159.00 to $145.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. Cantor Fitzgerald lowered their target price on shares of GoDaddy from $130.00 to $90.00 and set a “neutral” rating for the company in a research note on Wednesday. Raymond James Financial restated a “strong-buy” rating and issued a $100.00 price target on shares of GoDaddy in a research note on Wednesday. Finally, Wells Fargo & Company lowered their target price on shares of GoDaddy from $145.00 to $77.00 and set an “equal weight” rating for the company in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, GoDaddy presently has an average rating of “Moderate Buy” and an average price target of $131.93.

GoDaddy Trading Up 8.9%

NYSE GDDY traded up $7.06 during trading on Thursday, hitting $86.18. The stock had a trading volume of 4,260,251 shares, compared to its average volume of 2,104,723. The company has a market capitalization of $11.65 billion, a PE ratio of 13.83, a PEG ratio of 0.84 and a beta of 0.94. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 41.06. The firm has a 50 day moving average price of $106.46 and a 200 day moving average price of $125.51. GoDaddy has a twelve month low of $73.06 and a twelve month high of $193.55.

GoDaddy (NYSE:GDDY) last posted its quarterly earnings data on Tuesday, February 24th. The technology company reported $1.80 EPS for the quarter, beating the consensus estimate of $1.58 by $0.22. The business had revenue of $1.27 billion during the quarter, compared to analyst estimates of $1.27 billion. GoDaddy had a net margin of 17.67% and a return on equity of 362.29%. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm posted $1.36 earnings per share. As a group, equities research analysts forecast that GoDaddy will post 6.63 earnings per share for the current year.

Insider Activity at GoDaddy

In other news, CAO Phontip Palitwanon sold 2,397 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was 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 of the company’s stock, valued at approximately $2,190,544.20. The trade was a 12.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Amanpal Singh Bhutani sold 6,932 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer owned 399,133 shares of the company’s stock, valued at $51,065,076.02. This trade represents a 1.71% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 13,615 shares of company stock worth $1,743,102 in the last quarter. Company insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of GoDaddy by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 18,912,182 shares of the technology company’s stock worth $2,587,754,000 after purchasing an additional 150,045 shares during the last quarter. Geode Capital Management LLC boosted its position in GoDaddy by 2.2% during the second quarter. Geode Capital Management LLC now owns 3,779,220 shares of the technology company’s stock worth $677,726,000 after acquiring an additional 81,623 shares during the last quarter. WCM Investment Management LLC grew its stake in GoDaddy by 1.8% in the 3rd quarter. WCM Investment Management LLC now owns 3,736,821 shares of the technology company’s stock worth $529,395,000 after acquiring an additional 66,144 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of GoDaddy by 47.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 3,532,548 shares of the technology company’s stock worth $483,360,000 after purchasing an additional 1,128,646 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of GoDaddy by 11.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,216,382 shares of the technology company’s stock worth $399,089,000 after purchasing an additional 319,515 shares during the last quarter. Hedge funds and other institutional investors own 90.28% of the company’s stock.

GoDaddy News Summary

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q4 results: GoDaddy reported stronger-than-expected EPS ($1.80) and y/y revenue growth, and highlighted an upbeat cash‑flow outlook that supports near‑term earnings durability. Q4 Earnings Beat
• Positive Sentiment: Product partnerships: Continued strategic moves (integration with Salesforce’s AI agent tools) bolster GoDaddy’s AI roadmap and potential SMB cross‑sell opportunities. Salesforce Integration
• Positive Sentiment: Some analysts still see upside: Barclays kept an overweight stance and a material upside to its revised target, which can attract buyers after the pullback. Barclays Note
• Neutral Sentiment: Mixed analyst reactions: Several firms trimmed price targets (UBS to $105, Cantor Fitzgerald to $90, RBC to $100) but in many cases retained neutral/positive ratings — signaling disagreement on medium‑term upside rather than a uniform sell call. UBS PT Cut Cantor PT RBC PT Cut
• Negative Sentiment: Revenue guidance miss: Management forecasted FY‑2026 revenue below consensus, explicitly citing slower AI adoption and weaker customer acquisition trends — the primary catalyst for the sharp selloff earlier in the week. Reuters: Guidance Below Estimates
• Negative Sentiment: Regulatory/legal overhang: Multiple law firms have opened securities‑fraud investigations into GoDaddy’s disclosures around the quarter and guidance — a reputational and litigation risk that can pressure the stock until resolved. GLW&R Investigation Frank R. Cruz Investigation
• Negative Sentiment: Broader sell pressure and downgrades: Wells Fargo and others cut targets sharply (Wells Fargo to $77), and the stock has hit multi‑month lows amid skepticism about the new go‑to‑market strategy. Those analyst moves increase near‑term downside risk. Wells Fargo PT Cut

About GoDaddy

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.