Q1 Earnings Forecast for GoDaddy Issued By Seaport Res Ptn

GoDaddy Inc. (NYSE:GDDY - Free Report) - Equities researchers at Seaport Res Ptn lowered their Q1 2025 earnings estimates for shares of GoDaddy in a report issued on Friday, February 14th. Seaport Res Ptn analyst A. Kessler now anticipates that the technology company will post earnings of $1.35 per share for the quarter, down from their previous forecast of $1.47. The consensus estimate for GoDaddy's current full-year earnings is $6.53 per share. Seaport Res Ptn also issued estimates for GoDaddy's Q2 2025 earnings at $1.47 EPS, Q3 2025 earnings at $1.64 EPS, Q4 2025 earnings at $1.80 EPS and FY2026 earnings at $7.46 EPS.

GoDaddy (NYSE:GDDY - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $1.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.43 by ($0.01). GoDaddy had a net margin of 20.49% and a return on equity of 176.06%. The business had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.18 billion.

Other research analysts have also issued reports about the stock. Robert W. Baird lifted their price objective on shares of GoDaddy from $200.00 to $225.00 and gave the stock an "outperform" rating in a research note on Tuesday, November 19th. Barclays lifted their price target on shares of GoDaddy from $235.00 to $243.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Benchmark raised their price objective on shares of GoDaddy from $200.00 to $230.00 and gave the stock a "buy" rating in a research note on Thursday, February 13th. Morgan Stanley upped their target price on GoDaddy from $227.00 to $228.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Finally, UBS Group raised their price target on GoDaddy from $172.00 to $225.00 and gave the stock a "neutral" rating in a research note on Friday, February 14th. Seven research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $213.20.

GoDaddy Trading Up 0.0 %

Shares of NYSE:GDDY traded up $0.01 during trading on Monday, hitting $176.56. The company had a trading volume of 1,600,563 shares, compared to its average volume of 1,332,414. The stock has a market cap of $24.79 billion, a price-to-earnings ratio of 27.37 and a beta of 1.15. The company has a debt-to-equity ratio of 5.46, a current ratio of 0.72 and a quick ratio of 0.56. The company has a fifty day simple moving average of $202.67 and a two-hundred day simple moving average of $180.77. GoDaddy has a one year low of $108.02 and a one year high of $216.00.

Institutional Trading of GoDaddy

Several large investors have recently bought and sold shares of GDDY. Creative Planning increased its position in shares of GoDaddy by 41.6% in the 3rd quarter. Creative Planning now owns 14,187 shares of the technology company's stock valued at $2,224,000 after acquiring an additional 4,168 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in GoDaddy by 0.4% in the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 18,097 shares of the technology company's stock valued at $2,837,000 after buying an additional 67 shares during the last quarter. V Square Quantitative Management LLC increased its holdings in GoDaddy by 37.0% in the 3rd quarter. V Square Quantitative Management LLC now owns 2,093 shares of the technology company's stock worth $328,000 after buying an additional 565 shares during the period. Net Worth Advisory Group purchased a new position in GoDaddy during the 3rd quarter worth approximately $380,000. Finally, Blue Trust Inc. raised its position in GoDaddy by 40.0% during the 3rd quarter. Blue Trust Inc. now owns 763 shares of the technology company's stock worth $120,000 after buying an additional 218 shares during the last quarter. Hedge funds and other institutional investors own 90.28% of the company's stock.

Insider Buying and Selling

In other news, CFO Mark Mccaffrey sold 480 shares of the company's stock in a transaction on Monday, January 6th. The stock was sold at an average price of $201.29, for a total transaction of $96,619.20. Following the transaction, the chief financial officer now directly owns 83,254 shares of the company's stock, valued at approximately $16,758,197.66. This represents a 0.57 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Amanpal Singh Bhutani sold 3,000 shares of the business's stock in a transaction on Monday, December 2nd. The stock was sold at an average price of $197.77, for a total value of $593,310.00. Following the transaction, the chief executive officer now owns 342,956 shares in the company, valued at approximately $67,826,408.12. This trade represents a 0.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 24,482 shares of company stock worth $4,903,930 in the last three months. 0.61% of the stock is owned by 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.