GoDaddy (NYSE:GDDY) Price Target Raised to $120.00

GoDaddy (NYSE:GDDY) had its price target hoisted by research analysts at Robert W. Baird from $110.00 to $120.00 in a note issued to investors on Friday, Benzinga reports. The brokerage currently has an “outperform” rating on the technology company’s stock. Robert W. Baird’s price target would suggest a potential upside of 18.59% from the company’s current price.

Other equities analysts have also recently issued reports about the company. Deutsche Bank Aktiengesellschaft cut GoDaddy to a “buy” rating in a report on Friday, July 31st. Citigroup lowered their price objective on shares of GoDaddy from $110.00 to $105.00 and set a “buy” rating on the stock in a report on Monday, August 3rd. B. Riley Financial reduced their price objective on shares of GoDaddy from $190.00 to $170.00 and set a “buy” rating for the company in a report on Friday, July 31st. Piper Sandler reissued a “neutral” rating and set a $95.00 target price (up from $93.00) on shares of GoDaddy in a research report on Friday, July 31st. Finally, Wedbush lowered their target price on shares of GoDaddy from $109.00 to $93.00 and set an “outperform” rating on the stock in a report on Monday, August 3rd. Ten investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $110.69.

GoDaddy Stock Performance

Shares of GoDaddy stock opened at $101.19 on Friday. GoDaddy has a one year low of $71.59 and a one year high of $143.34. The firm has a market capitalization of $12.82 billion, a price-to-earnings ratio of 15.01, a PEG ratio of 0.88 and a beta of 0.94. The business has a 50-day simple moving average of $96.37 and a 200 day simple moving average of $88.87. The company has a debt-to-equity ratio of 561.10, a current ratio of 0.63 and a quick ratio of 0.63.

GoDaddy (NYSE:GDDY) last announced its quarterly earnings results on Thursday, July 30th. The technology company reported $1.83 earnings per share (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 prior year, the company earned $1.41 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. On average, research analysts anticipate that GoDaddy will post 7.21 earnings per share for the current fiscal year.

Insider Buying and Selling at GoDaddy

In other news, CFO Mark McCaffrey sold 5,873 shares of the stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $100.91, for a total value of $592,644.43. Following the completion of the sale, the chief financial officer owned 99,855 shares in the company, valued at $10,076,368.05. This represents a 5.55% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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. Also, Director Leah Sweet sold 325 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $97.44, for a total transaction of $31,668.00. Following the transaction, the director directly owned 13,689 shares in the company, valued at $1,333,856.16. The trade was a 2.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 26,858 shares of company stock worth $2,593,081. 0.93% of the stock is currently owned by insiders.

Institutional Investors Weigh In On GoDaddy

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tidal Investments LLC increased its position in shares of GoDaddy by 23.5% during the 2nd quarter. Tidal Investments LLC now owns 38,583 shares of the technology company’s stock valued at $3,275,000 after purchasing an additional 7,353 shares during the last quarter. WINTON GROUP Ltd increased its holdings in GoDaddy by 5.7% during the second quarter. WINTON GROUP Ltd now owns 6,745 shares of the technology company’s stock worth $573,000 after buying an additional 361 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC bought a new stake in GoDaddy in the second quarter worth about $216,000. Integrated Wealth Concepts LLC bought a new stake in GoDaddy in the second quarter worth about $441,000. Finally, NewEdge Advisors LLC boosted its stake in GoDaddy by 287.4% in the second quarter. NewEdge Advisors LLC now owns 17,130 shares of the technology company’s stock valued at $1,454,000 after acquiring an additional 12,708 shares during the last quarter. Hedge funds and other institutional investors own 90.28% of the company’s stock.

Key GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Takeover speculation lifted shares: Reports that Gen Digital may seek to acquire GoDaddy highlighted the strategic value of its customer base of more than 20 million small businesses, creators and entrepreneurs. The possibility of a bid created potential takeover upside and prompted a temporary trading halt as shares moved sharply. A Major Software Player Has Its Eyes on GoDaddy
• Positive Sentiment: Options activity reflected bullish positioning: Investors purchased 13,002 GoDaddy call options, roughly 454% above the average daily volume, as the reported Gen Digital interest fueled expectations of further gains or a potential transaction premium.
• Neutral Sentiment: The reported offer remains preliminary: Articles describe interest from Gen Digital rather than a definitive agreement, leaving uncertainty over valuation, financing, regulatory approval and whether negotiations will progress. The stock also failed to decisively break out after the initial takeover-related move. GoDaddy Stock Fails To Break Out After Reported Takeover Offer
• Negative Sentiment: Class-action litigation is weighing on sentiment: Several law firms announced or promoted securities lawsuits covering investors who bought GDDY shares between September 3, 2025 and February 24, 2026. The complaints allege GoDaddy misrepresented discounting and customer-acquisition practices, including a $4.99 one-year dotcom promotion, potentially reducing upfront bookings and average order economics. GoDaddy Stock Drop Alert
• Negative Sentiment: Investor deadlines could prolong headline risk: Lead-plaintiff deadlines cited in the notices include October 20 and October 26, 2026. The litigation does not establish wrongdoing, but it raises potential legal costs, reputational concerns and uncertainty around GoDaddy’s customer-acquisition disclosures.

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.