GoDaddy (NYSE:GDDY) Shares Gap Up Following Better-Than-Expected Earnings

GoDaddy Inc. (NYSE:GDDY) gapped up prior to trading on Friday after the company announced better than expected quarterly earnings. The stock had previously closed at $86.79, but opened at $93.99. GoDaddy shares last traded at $84.3210, with a volume of 503,205 shares traded.

The technology company reported $1.60 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.07. The business had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.26 billion. GoDaddy had a return on equity of 369.00% and a net margin of 17.67%.The company’s revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.51 earnings per share.

GoDaddy News Summary

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q1 results beat expectations — GAAP EPS of $1.60 vs. $1.53 consensus and revenue of $1.27B (vs. ~$1.26B est.), with revenue up ~6.1% year-over-year, giving investors confidence in near-term profitability. MarketBeat Earnings Report
• Positive Sentiment: Management guided quarterly revenue above Street estimates and explicitly cited its AI toolset as a growth driver to attract more small-business customers — a strategic positioning that supports revenue growth expectations. Reuters: GoDaddy forecasts revenue above estimates
• Positive Sentiment: Market commentary highlights momentum from GoDaddy’s AI platform and platform adoption, which analysts and retail media say helped lift the stock after the print. Blockonomi: Stock Surges on Q1 and AI
• Neutral Sentiment: Some coverage frames revenue as essentially in line with expectations (small beat vs. consensus), underscoring that the quarter was broadly as expected rather than a major upside surprise. Yahoo Finance: Q1 Results
• Neutral Sentiment: Investor materials (press release, slide deck, conference call) were published alongside results — useful for due diligence but not a market-moving surprise on their own. PR Newswire: Q1 Financial Results
• Negative Sentiment: Underlying fundamentals leave some risks: growth is modest (~6% YoY revenue), leverage and liquidity metrics are notable (debt/equity ~17.5, current ratio ~0.61), and the stock remains well below its 200‑day moving average and one‑year high — factors that could cap upside if execution slows. MarketBeat Stock Profile

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on GDDY. Cantor Fitzgerald cut their price objective on GoDaddy from $130.00 to $90.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Royal Bank Of Canada cut their price objective on GoDaddy from $200.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday, February 25th. UBS Group cut their price objective on GoDaddy from $145.00 to $105.00 and set a “neutral” rating on the stock in a report on Wednesday, February 25th. Weiss Ratings reissued a “hold (c)” rating on shares of GoDaddy in a report on Wednesday, January 28th. Finally, Citigroup cut their price objective on GoDaddy from $195.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday, February 26th. 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $124.21.

Insider Buying and Selling

In related news, CAO Phontip Palitwanon sold 1,310 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $90.15, for a total transaction of $118,096.50. Following the sale, the chief accounting officer directly owned 20,349 shares of the company’s stock, valued at $1,834,462.35. This trade represents a 6.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Leah Sweet sold 650 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $86.86, for a total value of $56,459.00. Following the sale, the director directly owned 11,414 shares in the company, valued at approximately $991,420.04. This trade represents a 5.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 61,918 shares of company stock valued at $5,500,469 in the last three months. 0.70% of the stock is currently owned by insiders.

Institutional Trading of GoDaddy

Several hedge funds and other institutional investors have recently bought and sold shares of GDDY. Hemington Wealth Management grew its holdings in 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 acquiring an additional 85 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in GoDaddy during the fourth quarter worth approximately $25,000. Rachor Investment Advisory Services LLC purchased a new position in GoDaddy during the fourth quarter worth approximately $25,000. Activest Wealth Management boosted its position in GoDaddy by 6,600.0% during the fourth quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock worth $25,000 after purchasing an additional 198 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new position in GoDaddy during the third quarter worth approximately $31,000. 90.28% of the stock is owned by institutional investors and hedge funds.

GoDaddy Stock Down 2.1%

The company has a market cap of $11.33 billion, a PE ratio of 13.53, a P/E/G ratio of 0.79 and a beta of 0.98. The business has a 50-day simple moving average of $84.84 and a 200-day simple moving average of $107.03. The company has a quick ratio of 0.61, a current ratio of 0.61 and a debt-to-equity ratio of 17.50.

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.