GoDaddy (NYSE:GDDY) Price Target Cut to $118.00 by Analysts at Barclays

GoDaddy (NYSE:GDDY) had its price objective reduced by equities research analysts at Barclays from $200.00 to $118.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. Barclays‘s price target points to a potential upside of 41.07% from the company’s current price.

A number of other analysts have also recently weighed in on GDDY. Weiss Ratings restated a “hold (c)” rating on shares of GoDaddy in a report on Wednesday, January 28th. Royal Bank Of Canada decreased their target price on GoDaddy from $200.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. cut their target price on GoDaddy from $222.00 to $200.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Jefferies Financial Group decreased their price target on GoDaddy from $140.00 to $100.00 and set a “hold” rating for the company in a research report on Monday. Finally, Evercore set a $95.00 price objective on GoDaddy in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, GoDaddy presently has an average rating of “Moderate Buy” and an average price target of $138.00.

GoDaddy Price Performance

GDDY stock traded up $4.52 during trading hours on Thursday, hitting $83.64. 812,425 shares of the stock traded hands, compared to its average volume of 2,018,027. The stock has a 50-day simple moving average of $106.46 and a 200 day simple moving average of $125.51. The company has a market cap of $11.30 billion, a P/E ratio of 13.42, a P/E/G ratio of 0.84 and a beta of 0.94. GoDaddy has a one year low of $73.06 and a one year high of $193.55. The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 41.06.

GoDaddy (NYSE:GDDY) last issued its quarterly earnings results on Tuesday, February 24th. The technology company reported $1.80 earnings per share for the quarter, beating analysts’ consensus estimates of $1.58 by $0.22. GoDaddy had a net margin of 17.67% and a return on equity of 362.29%. The company had revenue of $1.27 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the prior year, the company earned $1.36 EPS. GoDaddy’s revenue was up 6.8% on a year-over-year basis. Equities analysts forecast that GoDaddy will post 6.63 earnings per share for the current year.

Insiders Place Their Bets

In other GoDaddy news, CAO Phontip Palitwanon sold 2,397 shares of GoDaddy stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $128.44, for a total transaction of $307,870.68. Following the completion of the sale, the chief accounting officer owned 17,055 shares of the company’s stock, valued at $2,190,544.20. This trade represents a 12.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Amanpal Singh Bhutani sold 6,932 shares of the company’s stock in a transaction 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 completion of the transaction, the chief executive officer directly owned 399,133 shares in the company, valued at $51,065,076.02. This trade represents a 1.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 13,615 shares of company stock worth $1,743,102 in the last quarter. 0.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On GoDaddy

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in GoDaddy by 0.8% in the third quarter. Vanguard Group Inc. now owns 18,912,182 shares of the technology company’s stock valued at $2,587,754,000 after acquiring an additional 150,045 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of GoDaddy by 2.2% during the 2nd quarter. Geode Capital Management LLC now owns 3,779,220 shares of the technology company’s stock valued at $677,726,000 after purchasing an additional 81,623 shares in the last quarter. WCM Investment Management LLC lifted its stake in shares of GoDaddy by 1.8% in the 3rd quarter. WCM Investment Management LLC now owns 3,736,821 shares of the technology company’s stock valued at $529,395,000 after purchasing an additional 66,144 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in GoDaddy by 47.0% in the third quarter. Ameriprise Financial Inc. now owns 3,532,548 shares of the technology company’s stock worth $483,360,000 after purchasing an additional 1,128,646 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in GoDaddy by 11.0% during the fourth quarter. JPMorgan Chase & Co. now owns 3,216,382 shares of the technology company’s stock worth $399,089,000 after buying an additional 319,515 shares during the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

GoDaddy News Summary

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q4 EPS beat and improving unit economics — GoDaddy reported stronger-than-expected EPS, margin expansion and upbeat cash‑flow commentary that show underlying profit momentum. Zacks: GoDaddy Surpasses Q4 Estimates
• Positive Sentiment: Strategic AI integration — GoDaddy announced integration with Salesforce’s AI agent platform, which could help product adoption and upsell opportunities if customer uptake accelerates. Yahoo Finance: GoDaddy Integrates with Salesforce
• Neutral Sentiment: Some analyst views remain mixed — a few firms have adjusted coverage or ratings based on the print; these shifts are changing near‑term sentiment but not uniform across the Street. Seeking Alpha: Rating Upgrade
• Negative Sentiment: Guidance disappointed — management guided FY2026 revenue below Wall Street forecasts and cited slower AI adoption and weaker hosting customer adds, a main driver of the selloff. Reuters: GoDaddy Forecasts Annual Revenue Below Estimates
• Negative Sentiment: Wells Fargo cuts price target to $77 (equal weight), lowering near‑term expectations and adding downward pressure. AmericanBankingNews: Wells Fargo Lowers PT
• Negative Sentiment: UBS trims its target to $105 and moves to neutral, reflecting reduced confidence in near‑term growth. AmericanBankingNews: UBS Lowers PT
• Negative Sentiment: Cantor Fitzgerald lowers its target to $90 (neutral), another near‑term downgrade contributing to selling. AmericanBankingNews: Cantor Fitzgerald PT
• Negative Sentiment: RBC cuts its target to $100 after a “tough print,” signaling reduced upside for 2026. AmericanBankingNews: RBC Lowers PT
• Negative Sentiment: Legal risk: a securities‑fraud investigation has been announced covering the Feb. 24 release, which raises execution and disclosure risk for shareholders. Business Wire: Securities Fraud Investigation
• Negative Sentiment: Price action and sentiment: the stock hit multi‑year lows as investors digested the guidance, analyst cuts and selling by some large holders. InsiderMonkey: Falls to 2‑Year Low

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.