GoDaddy (NYSE:GDDY) Trading Up 4% – Still a Buy?

GoDaddy Inc. (NYSE:GDDY) shares were up 4% on Thursday . The stock traded as high as $97.27 and last traded at $97.3550. Approximately 399,601 shares changed hands during trading, a decline of 82% from the average daily volume of 2,252,438 shares. The stock had previously closed at $93.60.

GoDaddy News Roundup

Here are the key news stories impacting GoDaddy this week:

• Negative Sentiment: The lawsuit covers investors who purchased GoDaddy shares between September 3, 2025, and February 24, 2026. The complaint alleges that GoDaddy made material misstatements or omissions about its go-to-market strategy and discounting practices, including an allegedly undisclosed $4.99 one-year domain promotion. GDDY Shareholder Alert
• Negative Sentiment: Investors may remain concerned about potential financial damages, management credibility and disclosure controls. The complaint names CEO Aman Bhutani and CFO Mark McCaffrey in control-person claims, although the allegations have not been proven and the litigation’s ultimate cost is uncertain. GDDY Class Alert
• Neutral Sentiment: Several firms are soliciting investors to seek lead-plaintiff status. The primary deadline cited by Kaplan Fox and other firms is October 20, 2026, while one notice cites an October 26 court deadline. These announcements largely repeat the same lawsuit details and do not represent separate legal actions. Kaplan Fox Class Action Announcement

Wall Street Analysts Forecast Growth

GDDY has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft lowered GoDaddy to a “buy” rating in a report on Friday, July 31st. Wedbush cut their price objective on shares of GoDaddy from $109.00 to $93.00 and set an “outperform” rating for the company in a report on Monday, August 3rd. Cantor Fitzgerald restated a “neutral” rating and set a $90.00 target price on shares of GoDaddy in a research report on Friday, July 31st. Wells Fargo & Company lowered GoDaddy from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $80.00 to $76.00 in a report on Wednesday, August 26th. Finally, Piper Sandler reissued a “neutral” rating and issued a $95.00 price target (up from $93.00) on shares of GoDaddy in a research note on Friday, July 31st. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $110.07.

GoDaddy Stock Up 1.6%

The firm has a market capitalization of $12.40 billion, a PE ratio of 14.53, a price-to-earnings-growth ratio of 0.86 and a beta of 0.94. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 561.10. The business has a 50-day moving average price of $94.51 and a 200-day moving average price of $88.14.

GoDaddy (NYSE:GDDY) last posted its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.69 by $0.14. GoDaddy had a return on equity of 660.96% and a net margin of 17.83%.The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. During the same quarter in the previous year, the firm earned $1.41 EPS. The company’s quarterly revenue was up 6.6% compared to the same quarter last year. Equities research analysts forecast that GoDaddy Inc. will post 7.21 earnings per share for the current fiscal year.

Insider Buying and Selling at GoDaddy

In related news, Director Leah Sweet sold 325 shares of the business’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total value of $31,668.00. Following the sale, the director directly owned 13,689 shares in the company, valued at approximately $1,333,856.16. The trade was a 2.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Mark McCaffrey sold 5,873 shares of GoDaddy stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $100.91, for a total transaction of $592,644.43. Following the completion of the sale, the chief financial officer owned 99,855 shares of the company’s stock, valued at $10,076,368.05. This trade represents a 5.55% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 26,858 shares of company stock worth $2,593,081. Insiders own 0.93% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of GDDY. California State Teachers Retirement System raised its holdings in GoDaddy by 6,098.5% during the second quarter. California State Teachers Retirement System now owns 13,062,353 shares of the technology company’s stock worth $1,108,733,000 after purchasing an additional 12,851,619 shares in the last quarter. Norges Bank bought a new stake in shares of GoDaddy in the 4th quarter worth $250,020,000. AQR Capital Management LLC lifted its holdings in GoDaddy by 117.5% in the 4th quarter. AQR Capital Management LLC now owns 2,989,931 shares of the technology company’s stock valued at $370,991,000 after acquiring an additional 1,615,005 shares during the last quarter. Two Sigma Investments LP boosted its position in shares of GoDaddy by 99.7% during the 3rd quarter. Two Sigma Investments LP now owns 1,631,100 shares of the technology company’s stock valued at $223,183,000 after purchasing an additional 814,360 shares in the last quarter. Finally, Swedbank AB boosted its position in shares of GoDaddy by 433.9% during the 4th quarter. Swedbank AB now owns 645,754 shares of the technology company’s stock valued at $80,125,000 after purchasing an additional 524,811 shares in the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

GoDaddy Company Profile

GoDaddy Inc (NYSE: GDDY) is a technology company that provides online tools and services for entrepreneurs, small businesses and individuals. Its offerings are designed to help customers establish, manage and grow an online presence, including domain-name registration, domain search and management, website hosting, professional email and online security services.

The company also provides website-building and commerce solutions that support online stores, appointment scheduling, digital marketing, search-engine optimization, social media management and payment acceptance.