William Blair Weighs in on GoDaddy’s Q3 Earnings (NYSE:GDDY)

GoDaddy Inc. (NYSE:GDDY) – William Blair upped their Q3 2026 earnings per share estimates for shares of GoDaddy in a research note issued to investors on Friday, October 31st. William Blair analyst A. Bhatia now expects that the technology company will earn $1.85 per share for the quarter, up from their prior estimate of $1.75. The consensus estimate for GoDaddy’s current full-year earnings is $6.63 per share. William Blair also issued estimates for GoDaddy’s FY2026 earnings at $7.01 EPS and FY2027 earnings at $8.44 EPS.

GoDaddy (NYSE:GDDY) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.51 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.01. GoDaddy had a return on equity of 189.42% and a net margin of 17.01%.The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the firm posted $1.32 EPS. GoDaddy’s quarterly revenue was up 10.3% compared to the same quarter last year. GoDaddy has set its FY 2025 guidance at EPS. Q4 2025 guidance at EPS.

Other equities analysts have also recently issued research reports about the company. Morgan Stanley set a $159.00 target price on GoDaddy in a report on Friday. JPMorgan Chase & Co. reduced their target price on GoDaddy from $222.00 to $200.00 and set an “overweight” rating for the company in a report on Friday. UBS Group reduced their target price on GoDaddy from $160.00 to $145.00 and set a “neutral” rating for the company in a report on Friday. B. Riley reduced their target price on GoDaddy from $225.00 to $215.00 and set a “buy” rating for the company in a report on Friday. Finally, Royal Bank Of Canada reduced their target price on GoDaddy from $225.00 to $200.00 and set an “outperform” rating for the company in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.07.

GoDaddy Price Performance

Shares of GoDaddy stock opened at $135.17 on Monday. The business has a 50 day simple moving average of $138.84 and a two-hundred day simple moving average of $160.33. GoDaddy has a 12 month low of $125.00 and a 12 month high of $216.00. The stock has a market capitalization of $18.71 billion, a P/E ratio of 24.14, a PEG ratio of 1.36 and a beta of 0.98. The company has a debt-to-equity ratio of 9.33, a current ratio of 0.64 and a quick ratio of 0.64.

Institutional Investors Weigh In On GoDaddy

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Equitable Trust Co. increased its stake in GoDaddy by 1.0% during the first quarter. Equitable Trust Co. now owns 6,657 shares of the technology company’s stock worth $1,199,000 after acquiring an additional 64 shares during the last quarter. CX Institutional increased its stake in GoDaddy by 13.1% during the second quarter. CX Institutional now owns 577 shares of the technology company’s stock worth $104,000 after acquiring an additional 67 shares during the last quarter. Allworth Financial LP increased its stake in GoDaddy by 4.9% during the first quarter. Allworth Financial LP now owns 1,575 shares of the technology company’s stock worth $284,000 after acquiring an additional 73 shares during the last quarter. Cornerstone Planning Group LLC increased its stake in GoDaddy by 123.4% during the first quarter. Cornerstone Planning Group LLC now owns 143 shares of the technology company’s stock worth $25,000 after acquiring an additional 79 shares during the last quarter. Finally, MAI Capital Management increased its stake in GoDaddy by 8.7% during the first quarter. MAI Capital Management now owns 1,027 shares of the technology company’s stock worth $185,000 after acquiring an additional 82 shares during the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

Insider Transactions at GoDaddy

In related news, Director Brian Sharples sold 500 shares of the stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $136.57, for a total value of $68,285.00. Following the completion of the sale, the director owned 20,457 shares of the company’s stock, valued at approximately $2,793,812.49. This trade represents a 2.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Mark Mccaffrey sold 3,326 shares of the stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $142.21, for a total value of $472,990.46. Following the completion of the sale, the chief financial officer directly owned 70,133 shares of the company’s stock, valued at approximately $9,973,613.93. This represents a 4.53% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 20,703 shares of company stock valued at $2,994,243. 0.70% of the stock is currently owned by company insiders.

About GoDaddy

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.