GoDaddy (NYSE:GDDY) Price Target Lowered to $77.00 at Wells Fargo & Company

GoDaddy (NYSE:GDDY) had its price target reduced by investment analysts at Wells Fargo & Company from $145.00 to $77.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “equal weight” rating on the technology company’s stock. Wells Fargo & Company‘s price target suggests a potential downside of 0.22% from the company’s current price.

Other analysts also recently issued research reports about the stock. Morgan Stanley dropped their target price on shares of GoDaddy from $159.00 to $145.00 and set an “equal weight” rating for the company in a research report on Thursday, January 15th. Evercore cut their target price on shares of GoDaddy from $180.00 to $145.00 and set an “in-line” rating on the stock in a research note on Friday, October 31st. Weiss Ratings restated a “hold (c)” rating on shares of GoDaddy in a report on Wednesday, January 28th. Cantor Fitzgerald lowered their price target on GoDaddy from $130.00 to $90.00 and set a “neutral” rating for the company in a report on Wednesday. Finally, UBS Group reduced their price objective on GoDaddy from $160.00 to $145.00 and set a “neutral” rating on the stock in a research note on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $153.50.

GoDaddy Trading Down 16.4%

Shares of GDDY stock traded down $15.13 on Wednesday, reaching $77.17. 2,056,150 shares of the stock were exchanged, compared to its average volume of 1,842,423. 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 stock has a market cap of $10.43 billion, a P/E ratio of 13.39, a price-to-earnings-growth ratio of 0.80 and a beta of 0.94. The firm has a 50 day moving average of $107.39 and a two-hundred day moving average of $125.84. GoDaddy has a 1-year low of $73.06 and a 1-year high of $193.55.

GoDaddy (NYSE:GDDY) last posted 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 231.34% and a net margin of 17.01%.The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.36 earnings per share. On average, research analysts anticipate that GoDaddy will post 6.63 EPS for the current year.

Insider Activity at GoDaddy

In other news, CFO Mark Mccaffrey sold 3,317 shares of the stock in a transaction that occurred on 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 transaction, the chief financial officer directly owned 66,816 shares in the company, valued at approximately $8,548,439.04. This represents a 4.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Amanpal Singh Bhutani sold 6,932 shares of the firm’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 transaction of $886,880.08. Following the sale, the chief executive officer directly owned 399,133 shares of the company’s stock, valued at $51,065,076.02. The trade was a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 13,615 shares of company stock valued at $1,743,102. Insiders own 0.70% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Norges Bank acquired a new position in shares of GoDaddy in the 4th quarter worth approximately $250,020,000. AQR Capital Management LLC lifted its position in shares of GoDaddy by 117.5% in the 4th quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company’s stock worth $370,991,000 after buying an additional 1,615,005 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of GoDaddy by 47.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,532,548 shares of the technology company’s stock valued at $483,360,000 after buying an additional 1,128,646 shares during the period. Qube Research & Technologies Ltd raised its stake in GoDaddy by 2,289.5% during the second quarter. Qube Research & Technologies Ltd now owns 873,626 shares of the technology company’s stock worth $157,305,000 after acquiring an additional 837,065 shares during the period. Finally, Two Sigma Investments LP grew its holdings in shares of GoDaddy by 99.7% during the third quarter. Two Sigma Investments LP now owns 1,631,100 shares of the technology company’s stock valued at $223,183,000 after purchasing an additional 814,360 shares during the last quarter. 90.28% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q4 EPS beat and profit improvement — GoDaddy reported $1.80 EPS (above consensus) with revenue roughly in line and operating profit and net income up year-over-year, which supports near‑term earnings strength. Read More.
• Positive Sentiment: Salesforce/MuleSoft integration — GoDaddy announced integration with Salesforce’s MuleSoft Agent Fabric (AI agent discovery/identity), a strategic partnership that could accelerate enterprise AI adoption and product distribution over time. Read More.
• Neutral Sentiment: Analyst support remains mixed but includes buys — several firms still carry Buy/Overweight ratings and there are a range of price targets (median near $145), showing divergent views on upside vs. near-term risk. Read More.
• Neutral Sentiment: Earnings call and detail reads — Call transcript and metric breakdowns are available for investors who want granular guidance and margin commentary. These may clarify management’s cadence on AI product rollouts. Read More.
• Negative Sentiment: Revenue guidance below Street expectations — Management forecasted FY revenue slightly under consensus and signaled slower adoption of AI tools and weaker customer acquisition, which prompted investor concern about growth. Read More.
• Negative Sentiment: Analyst downgrades and price‑target cuts pressured the stock — Coverage notes and downgrades pushed shares to a 12‑month low in some sessions; Benchmark trimmed its target (still a Buy) while some shops are more cautious. Read More.
• Negative Sentiment: Near-term sell pressure and insider activity — Reports highlight insider sales and post‑earnings share weakness (stock fell on guidance), suggesting short-term headwinds despite the EPS beat. Read More.

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.