B. Riley Issues Pessimistic Forecast for GoDaddy Earnings

GoDaddy Inc. (NYSE:GDDY) – Equities research analysts at B. Riley dropped their Q1 2025 earnings per share (EPS) estimates for shares of GoDaddy in a research note issued on Friday, January 17th. B. Riley analyst N. Khan now expects that the technology company will post earnings of $1.67 per share for the quarter, down from their prior estimate of $1.68. B. Riley currently has a “Buy” rating and a $190.00 price target on the stock. The consensus estimate for GoDaddy’s current full-year earnings is $4.96 per share. B. Riley also issued estimates for GoDaddy’s Q2 2025 earnings at $1.73 EPS.

Several other equities analysts have also recently commented on GDDY. Benchmark boosted their target price on GoDaddy from $186.00 to $200.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Piper Sandler boosted their target price on GoDaddy from $172.00 to $176.00 and gave the stock a “neutral” rating in a research report on Thursday, October 31st. Morgan Stanley boosted their target price on GoDaddy from $189.00 to $227.00 and gave the stock an “equal weight” rating in a research report on Monday, January 13th. Barclays boosted their target price on GoDaddy from $165.00 to $185.00 and gave the stock an “overweight” rating in a research report on Wednesday, September 25th. Finally, Citigroup boosted their target price on GoDaddy from $240.00 to $251.00 and gave the stock a “buy” rating in a research report on Friday, January 3rd. Five equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $198.07.

GoDaddy Price Performance

GoDaddy stock opened at $205.66 on Monday. GoDaddy has a 52 week low of $106.42 and a 52 week high of $211.11. The business has a 50-day simple moving average of $199.16 and a 200 day simple moving average of $171.78. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 10.61. The stock has a market cap of $28.87 billion, a price-to-earnings ratio of 15.89 and a beta of 1.15.

GoDaddy (NYSE:GDDY) last released its quarterly earnings data on Wednesday, October 30th. The technology company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.25 by $0.07. GoDaddy had a return on equity of 267.29% and a net margin of 41.74%. The company had revenue of $1.15 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same period in the previous year, the company posted $0.89 EPS. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GDDY. Ashton Thomas Securities LLC bought a new position in shares of GoDaddy in the 3rd quarter worth approximately $27,000. ORG Wealth Partners LLC bought a new position in shares of GoDaddy in the 3rd quarter worth approximately $30,000. Anchor Investment Management LLC bought a new position in GoDaddy during the 3rd quarter valued at approximately $31,000. Versant Capital Management Inc bought a new position in GoDaddy during the 4th quarter valued at approximately $43,000. Finally, Huntington National Bank increased its position in GoDaddy by 298.7% during the 3rd quarter. Huntington National Bank now owns 307 shares of the technology company’s stock valued at $48,000 after buying an additional 230 shares in the last quarter. Institutional investors own 90.28% of the company’s stock.

Insider Activity at GoDaddy

In other GoDaddy news, CAO Phontip Palitwanon sold 770 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $196.64, for a total transaction of $151,412.80. Following the completion of the transaction, the chief accounting officer now owns 23,059 shares of the company’s stock, valued at $4,534,321.76. This represents a 3.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Amanpal Singh Bhutani sold 3,000 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $167.79, for a total value of $503,370.00. Following the transaction, the chief executive officer now directly owns 345,956 shares of the company’s stock, valued at $58,047,957.24. The trade was a 0.86 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 24,483 shares of company stock worth $4,759,553 in the last ninety days. 0.61% of the stock is owned by company insiders.

GoDaddy Company Profile

GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.