What is B. Riley's Forecast for GoDaddy FY2025 Earnings?

GoDaddy Inc. (NYSE:GDDY - Free Report) - Analysts at B. Riley raised their FY2025 earnings per share (EPS) estimates for shares of GoDaddy in a report released on Thursday, December 5th. B. Riley analyst N. Khan now anticipates that the technology company will post earnings per share of $7.56 for the year, up from their previous forecast of $7.54. B. Riley currently has a "Buy" rating and a $190.00 price objective on the stock. The consensus estimate for GoDaddy's current full-year earnings is $4.95 per share. B. Riley also issued estimates for GoDaddy's Q4 2025 earnings at $2.16 EPS.

GoDaddy (NYSE:GDDY - Get Free Report) last announced its earnings results on Wednesday, October 30th. The technology company reported $1.32 earnings per share for the quarter, beating analysts' consensus estimates of $1.25 by $0.07. GoDaddy had a net margin of 41.74% and a return on equity of 267.29%. 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 firm posted $0.89 earnings per share. GoDaddy's quarterly revenue was up 7.3% on a year-over-year basis.

GDDY has been the subject of several other research reports. Cantor Fitzgerald reaffirmed a "neutral" rating and set a $170.00 price target on shares of GoDaddy in a research note on Monday, October 7th. StockNews.com downgraded GoDaddy from a "strong-buy" rating to a "buy" rating in a research report on Friday, November 8th. Jefferies Financial Group increased their price target on shares of GoDaddy from $170.00 to $200.00 and gave the company a "buy" rating in a research report on Wednesday, December 4th. Robert W. Baird boosted their price objective on shares of GoDaddy from $200.00 to $225.00 and gave the stock an "outperform" rating in a report on Tuesday, November 19th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and set a $230.00 target price (up previously from $190.00) on shares of GoDaddy in a report on Wednesday, December 4th. Five analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $181.57.

GoDaddy Price Performance

Shares of NYSE GDDY traded down $3.17 during mid-day trading on Monday, reaching $203.39. 2,115,129 shares of the company were exchanged, compared to its average volume of 1,464,247. GoDaddy has a 52 week low of $99.90 and a 52 week high of $210.30. The company's 50 day moving average price is $175.50 and its 200 day moving average price is $158.22. The stock has a market capitalization of $28.55 billion, a PE ratio of 15.61 and a beta of 1.15. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 10.61.

Institutional Trading of GoDaddy

Several hedge funds and other institutional investors have recently made changes to their positions in GDDY. Principal Financial Group Inc. grew its position in GoDaddy by 3.4% during the 3rd quarter. Principal Financial Group Inc. now owns 198,058 shares of the technology company's stock valued at $31,052,000 after purchasing an additional 6,424 shares during the last quarter. Highland Capital Management LLC bought a new position in shares of GoDaddy in the third quarter worth approximately $1,132,000. Swedbank AB grew its holdings in shares of GoDaddy by 3.5% during the second quarter. Swedbank AB now owns 153,353 shares of the technology company's stock valued at $21,425,000 after buying an additional 5,247 shares during the last quarter. Crossmark Global Holdings Inc. increased its position in shares of GoDaddy by 28.0% during the third quarter. Crossmark Global Holdings Inc. now owns 44,054 shares of the technology company's stock valued at $6,907,000 after acquiring an additional 9,631 shares in the last quarter. Finally, Dai ichi Life Insurance Company Ltd raised its holdings in GoDaddy by 39.6% in the 3rd 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 during the last quarter. Hedge funds and other institutional investors own 90.28% of the company's stock.

Insider Buying and Selling at GoDaddy

In other news, CAO Phontip Palitwanon sold 770 shares of the firm's stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $196.64, for a total value of $151,412.80. Following the completion of the transaction, the chief accounting officer now owns 23,059 shares in the company, valued at $4,534,321.76. This trade represents a 3.23 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Mark Mccaffrey sold 2,678 shares of the company's stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $196.64, for a total value of $526,601.92. Following the completion of the sale, the chief financial officer now directly owns 89,800 shares in the company, valued at approximately $17,658,272. The trade was a 2.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,949 shares of company stock valued at $3,785,993. 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.