B. Riley Issues Pessimistic Forecast for GoDaddy Earnings

GoDaddy Inc. (NYSE:GDDY) – Stock analysts at B. Riley reduced their Q1 2025 earnings per share (EPS) estimates for shares of GoDaddy in a report issued on Friday, January 17th. B. Riley analyst N. Khan now forecasts that the technology company will post earnings per share of $1.67 for the quarter, down from their prior forecast of $1.68. B. Riley 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.

GoDaddy (NYSE:GDDY) last issued its earnings results on Wednesday, October 30th. The technology company reported $1.32 EPS for the quarter, beating the consensus estimate of $1.25 by $0.07. GoDaddy had a return on equity of 267.29% and a net margin of 41.74%. The business had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the business posted $0.89 EPS. The company’s revenue was up 7.3% compared to the same quarter last year.

Several other analysts also recently commented on the company. Jefferies Financial Group increased their target price on GoDaddy from $170.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, December 4th. StockNews.com downgraded GoDaddy from a “strong-buy” rating to a “buy” rating in a research note on Friday, November 8th. Citigroup raised their price target on GoDaddy from $240.00 to $251.00 and gave the stock a “buy” rating in a research note on Friday, January 3rd. Barclays raised their price target on GoDaddy from $165.00 to $185.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 25th. Finally, Raymond James raised their price target on GoDaddy from $185.00 to $230.00 and gave the stock a “strong-buy” rating in a research note on Tuesday. Five research analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $198.07.

GoDaddy Stock Performance

Shares of GDDY opened at $205.66 on Monday. The business’s fifty day simple moving average is $199.16 and its two-hundred day simple moving average is $171.78. The company has a current ratio of 0.56, a quick ratio of 0.56 and a debt-to-equity ratio of 10.61. GoDaddy has a 12 month low of $106.42 and a 12 month high of $211.11. The company has a market cap of $28.87 billion, a price-to-earnings ratio of 15.89 and a beta of 1.15.

Institutional Investors Weigh In On GoDaddy

Several large investors have recently made changes to their positions in GDDY. Principal Financial Group Inc. grew its position in GoDaddy by 3.4% in the third quarter. Principal Financial Group Inc. now owns 198,058 shares of the technology company’s stock worth $31,052,000 after acquiring an additional 6,424 shares in the last quarter. Highland Capital Management LLC purchased a new position in GoDaddy in the third quarter worth about $1,132,000. CWA Asset Management Group LLC grew its position in GoDaddy by 29.2% in the fourth quarter. CWA Asset Management Group LLC now owns 16,071 shares of the technology company’s stock worth $3,172,000 after acquiring an additional 3,631 shares in the last quarter. Crossmark Global Holdings Inc. grew its position in GoDaddy by 28.0% in the third quarter. Crossmark Global Holdings Inc. now owns 44,054 shares of the technology company’s stock worth $6,907,000 after acquiring an additional 9,631 shares in the last quarter. Finally, Dai ichi Life Insurance Company Ltd grew its position in GoDaddy by 39.6% in the third quarter. Dai ichi Life Insurance Company Ltd now owns 60,022 shares of the technology company’s stock worth $9,410,000 after acquiring an additional 17,021 shares in the last quarter. 90.28% of the stock is owned by institutional investors.

Insider Buying and Selling at GoDaddy

In other news, COO Roger Chen sold 1,000 shares of GoDaddy stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $183.80, for a total value of $183,800.00. Following the sale, the chief operating officer now directly owns 185,632 shares of the company’s stock, valued at approximately $34,119,161.60. The trade was a 0.54 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Phontip Palitwanon sold 1,554 shares of GoDaddy stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $203.90, for a total value of $316,860.60. Following the completion of the sale, the chief accounting officer now directly owns 21,505 shares in the company, valued at $4,384,869.50. This trade represents a 6.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 24,483 shares of company stock valued at $4,759,553 over the last ninety days. 0.61% of the stock is currently 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.