GoDaddy Inc. to Post FY2025 Earnings of $6.32 Per Share, B. Riley Forecasts (NYSE:GDDY)

GoDaddy Inc. (NYSE:GDDY) – Analysts at B. Riley upped their FY2025 earnings per share (EPS) estimates for GoDaddy in a research report issued on Wednesday, September 13th. B. Riley analyst N. Khan now anticipates that the technology company will post earnings per share of $6.32 for the year, up from their prior estimate of $5.94. B. Riley currently has a “Buy” rating and a $107.00 target price on the stock. The consensus estimate for GoDaddy’s current full-year earnings is $2.81 per share. B. Riley also issued estimates for GoDaddy’s FY2026 earnings at $7.84 EPS and FY2027 earnings at $9.61 EPS.

GoDaddy (NYSE:GDDY) last issued its earnings results on Thursday, August 3rd. The technology company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.08. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.05 billion. GoDaddy had a negative return on equity of 83.74% and a net margin of 7.78%.

GDDY has been the subject of several other reports. Piper Sandler reaffirmed a “neutral” rating and set a $84.00 target price on shares of GoDaddy in a research report on Friday, August 4th. Benchmark reissued a “buy” rating and issued a $95.00 price objective on shares of GoDaddy in a research report on Wednesday. Royal Bank of Canada began coverage on GoDaddy in a research report on Monday, June 5th. They issued a “sector perform” rating and a $80.00 price objective for the company. Barclays lowered their price objective on GoDaddy from $98.00 to $95.00 and set an “overweight” rating for the company in a research report on Friday, August 4th. Finally, StockNews.com raised GoDaddy from a “hold” rating to a “buy” rating in a research report on Tuesday, September 5th. Three equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, GoDaddy has a consensus rating of “Moderate Buy” and a consensus price target of $92.45.

GoDaddy Stock Up 0.6 %

NYSE GDDY opened at $75.06 on Thursday. GoDaddy has a twelve month low of $64.65 and a twelve month high of $85.32. The company has a market cap of $11.04 billion, a price-to-earnings ratio of 36.26 and a beta of 0.95. The business’s fifty day moving average is $73.64 and its 200 day moving average is $73.96.

Insider Activity

In other news, CEO Amanpal Singh Bhutani sold 2,016 shares of GoDaddy stock in a transaction dated Wednesday, July 5th. The shares were sold at an average price of $74.93, for a total transaction of $151,058.88. Following the sale, the chief executive officer now owns 273,125 shares of the company’s stock, valued at approximately $20,465,256.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, COO Roger Chen sold 11,125 shares of the stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $75.05, for a total transaction of $834,931.25. Following the transaction, the chief operating officer now owns 172,716 shares in the company, valued at $12,962,335.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Amanpal Singh Bhutani sold 2,016 shares of the stock in a transaction that occurred on Wednesday, July 5th. The shares were sold at an average price of $74.93, for a total transaction of $151,058.88. Following the transaction, the chief executive officer now owns 273,125 shares in the company, valued at approximately $20,465,256.25. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 44,419 shares of company stock valued at $3,290,478. Corporate insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GDDY. Morgan Stanley increased its holdings in GoDaddy by 517.4% during the fourth quarter. Morgan Stanley now owns 6,125,512 shares of the technology company’s stock valued at $458,311,000 after buying an additional 5,133,332 shares during the last quarter. BlackRock Inc. increased its holdings in GoDaddy by 23.6% during the second quarter. BlackRock Inc. now owns 10,522,511 shares of the technology company’s stock valued at $790,556,000 after buying an additional 2,010,233 shares during the last quarter. Starboard Value LP increased its holdings in GoDaddy by 23.9% during the fourth quarter. Starboard Value LP now owns 10,233,055 shares of the technology company’s stock valued at $765,637,000 after buying an additional 1,973,118 shares during the last quarter. Norges Bank purchased a new stake in GoDaddy during the fourth quarter valued at approximately $116,303,000. Finally, Pacer Advisors Inc. purchased a new stake in GoDaddy during the first quarter valued at approximately $60,668,000. Institutional investors own 95.03% of the company’s stock.

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 hosting platform that allows customers to build and manage a faster and more secure WordPress site and offered with WooCommerce to sell online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business listings, and email and social media marketing designed to help businesses acquire and engage customers and create content.