GoDaddy Inc. (NYSE:GDDY) Stock Has Average Target Price of $110.07 According to Brokerages

Shares of GoDaddy Inc. (NYSE:GDDY) have earned a consensus rating of “Hold” from the nineteen brokerages that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and ten have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $110.69.

A number of equities analysts have recently issued reports on the company. Benchmark reduced their price target on GoDaddy from $185.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday, July 31st. Deutsche Bank Aktiengesellschaft cut GoDaddy to a “buy” rating in a research report on Friday, July 31st. B. Riley Financial dropped their target price on GoDaddy from $190.00 to $170.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Citigroup reduced their target price on GoDaddy from $110.00 to $105.00 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Finally, William Blair cut GoDaddy from an “outperform” rating to a “market perform” rating in a research note on Friday, July 31st.

Insider Buying and Selling at GoDaddy

In other news, CFO Mark McCaffrey sold 5,873 shares of the company’s stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $100.91, for a total transaction of $592,644.43. Following the transaction, the chief financial officer owned 99,855 shares in the company, valued at $10,076,368.05. This represents a 5.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Leah Sweet sold 325 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total transaction of $31,668.00. Following the transaction, the director owned 13,689 shares in the company, valued at approximately $1,333,856.16. This trade represents a 2.32% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 26,858 shares of company stock valued at $2,593,081. Insiders own 0.93% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of GoDaddy during the fourth quarter worth $250,020,000. Pacer Advisors Inc. increased its position in shares of GoDaddy by 67.0% in the 4th quarter. Pacer Advisors Inc. now owns 1,256,998 shares of the technology company’s stock valued at $155,968,000 after acquiring an additional 504,374 shares during the period. Assenagon Asset Management S.A. increased its position in shares of GoDaddy by 79.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 970,543 shares of the technology company’s stock valued at $80,235,000 after acquiring an additional 431,094 shares during the period. Diamond Hill Capital Management LLC Investment Advisor acquired a new position in shares of GoDaddy in the 2nd quarter valued at $28,938,000. Finally, JPMorgan Chase & Co. raised its stake in GoDaddy by 11.0% in the 4th quarter. JPMorgan Chase & Co. now owns 3,216,382 shares of the technology company’s stock worth $399,089,000 after acquiring an additional 319,515 shares during the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

Key Headlines Impacting GoDaddy

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Potential Gen Digital acquisition: Reports that Norton owner Gen Digital made a preliminary takeover offer for GoDaddy drove an initial rally. A transaction could give Gen Digital access to GoDaddy’s customer base of more than 20 million small businesses, creators and entrepreneurs, potentially creating strategic and cost synergies. The report did not indicate that a definitive agreement had been reached. GoDaddy shares rocket after Norton owner Gen Digital takeover offer
• Positive Sentiment: Analyst support: Robert W. Baird raised its price target from $110 to $120 and maintained an “outperform” rating, implying meaningful upside based on the reference price. Heavy call-option buying also indicated elevated bullish speculation, although options activity can increase volatility rather than signal lasting fundamental demand.
• Neutral Sentiment: Takeover uncertainty remains high: Coverage characterized the Gen Digital approach as preliminary or a reported bid, so investors face uncertainty over valuation, financing, regulatory review and whether negotiations will produce a completed transaction. A Major Software Player Has Its Eyes on GoDaddy, Says a Report
• Negative Sentiment: Securities class action risk: Multiple law firms publicized a lawsuit alleging that GoDaddy and certain executives violated securities laws by making misleading statements concerning customer-acquisition issues and a domain-discount promotion. The alleged class period is September 3, 2025, through February 24, 2026, with lead-plaintiff deadlines generally reported as October 20 or October 26, 2026. These are allegations, and the financial liability—if any—has not been determined. Repeated notices largely reflect competing firms seeking investors, not necessarily separate new lawsuits. GoDaddy stock drop alert and class action notice

GoDaddy Stock Down 3.7%

NYSE:GDDY opened at $97.12 on Tuesday. The company’s 50-day simple moving average is $96.43 and its 200-day simple moving average is $88.93. The company has a debt-to-equity ratio of 561.10, a quick ratio of 0.63 and a current ratio of 0.63. GoDaddy has a fifty-two week low of $71.59 and a fifty-two week high of $142.49. The stock has a market capitalization of $12.30 billion, a P/E ratio of 14.41, a P/E/G ratio of 0.87 and a beta of 0.94.

GoDaddy (NYSE:GDDY) last posted its quarterly earnings data on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.69 by $0.14. GoDaddy had a net margin of 17.83% and a return on equity of 660.96%. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the business posted $1.41 EPS. GoDaddy’s revenue was up 6.6% on a year-over-year basis. On average, equities analysts anticipate that GoDaddy will post 7.21 earnings per share for the current fiscal year.

About GoDaddy

GoDaddy Inc (NYSE: GDDY) is a technology company that provides online tools and services for entrepreneurs, small businesses and individuals. Its offerings are designed to help customers establish, manage and grow an online presence, including domain-name registration, domain search and management, website hosting, professional email and online security services.

The company also provides website-building and commerce solutions that support online stores, appointment scheduling, digital marketing, search-engine optimization, social media management and payment acceptance.