GoDaddy
GDDY

$150

1.96%

Market Cap: $21.1B

About: GoDaddy is a provider of domain registration and aftermarket services, website hosting, security, design, and business productivity tools, commerce solutions, and domain registry services. The company primarily targets micro- to small businesses, website design professionals, registrar peers, and domain investors. Since acquiring payment processing platform Poynt in 2021, the company has expanded into omnicommerce solutions, including offering an online payment gateway and offline point-of-sale devices.

Employees: 6,159

Information Technology Computer Integrated Systems Design

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 10 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

48% more first-time investments, than exits

New positions opened: 114 | Existing positions closed: 77

35% more call options, than puts

Call options by funds: $194M | Put options by funds: $143M

15% more capital invested

Capital invested by funds: $16.6B [Q1] → $19.2B (+$2.55B) [Q2]

13% more repeat investments, than reductions

Existing positions increased: 229 | Existing positions reduced: 203

6% more funds holding

Funds holding: 572 [Q1] → 609 (+37) [Q2]

1.81% less ownership

Funds ownership: 98.4% [Q1] → 96.59% (-1.81%) [Q2]

7% less funds holding in top 10

Funds holding in top 10: 15 [Q1] → 14 (-1) [Q2]

See Fund Rankings

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$158

5%

upside

Avg. target

$172

15%

upside

High target

$190

27%

upside

10 analyst ratings

9 positive

90%

1 neutral

10%

0 negative

0%

Cantor Fitzgerald Deepak Mathivanan 53% 1-year accuracy 9 / 17 met price target	13%upside $170	Neutral Initiated	5 Sept 2024
Benchmark Mark Zgutowicz 57% 1-year accuracy 34 / 60 met price target	24%upside $186	Buy Maintained	26 Aug 2024
RBC Capital Brad Erickson 56% 1-year accuracy 30 / 54 met price target	17%upside $175	Outperform Maintained	5 Aug 2024
Benchmark Mark Zgutowicz 57% 1-year accuracy 34 / 60 met price target	13%upside $170	Buy Maintained	2 Aug 2024
Raymond James Josh Beck 74% 1-year accuracy 23 / 31 met price target	17%upside $175	Strong Buy Maintained	2 Aug 2024

See Analyst Rankings

Financial journalist opinion

Based on 13 articles about GDDY published over the past 30 days

Zacks Investment Research

GoDaddy Stock Surges 57.7% YTD: Will the Bull Run Continue?

GDDY surges 57.7% year to date, driven by its strong growth in the Applications and Commerce segment and its new AI offerings.

GoDaddy Stock Surges 57.7% YTD: Will the Bull Run Continue?

Zacks Investment Research

GoDaddy (GDDY) Aids Small Business Marketing in Digital Sector

GoDaddy (GDDY) introduces Digital Marketing, an all-in-one tool with AI for SEO, social media and email, helping small businesses grow effortlessly.

GoDaddy (GDDY) Aids Small Business Marketing in Digital Sector

Zacks Investment Research

GoDaddy (GDDY): One of This Year's Most Overlooked Stocks

After multiple years of sideways action, GoDaddy has seen its stock soar this year amid an enticing product portfolio and an expanding global footprint.

GoDaddy (GDDY): One of This Year's Most Overlooked Stocks

GoDaddy Helps Entrepreneurs Thrive with New AI-Powered Digital Marketing Tools

Tailored solutions maximize brand awareness to attract customers TEMPE, Ariz. , Aug. 20, 2024 /PRNewswire/ -- Entrepreneurs today understand the importance of marketing to stay competitive, build their brand and attract customers.

GoDaddy Helps Entrepreneurs Thrive with New AI-Powered Digital Marketing Tools

GoDaddy: Beyond Domain Dominance with CFO Mark McCaffrey

Katie Perry spoke with Mark McCaffrey, CFO of GoDaddy, about the company's recent Q2 earnings report and future plans. Highlights include the company's transformation from a domain-centric business to a one-stop-shop for entrepreneurs, the impact of their AI product Airo, and the importance of free cash flow as a North Star.

GoDaddy: Beyond Domain Dominance with CFO Mark McCaffrey

Is GoDaddy the Next Google? How a Brewing Antitrust Battle Could Impact GDDY Stock.

For years, the tech sector has functioned as a de facto Wild West, an economic landscape thriving thanks to a clear lack of regulation. Even as industry leaders such as Mark Zuckerberg have advocated for stricter rules, until recently, few steps were taken to impose further regulatory measures.

Is GoDaddy the Next Google? How a Brewing Antitrust Battle Could Impact GDDY Stock.

Top 3 Tech Stocks That May Plunge In August

As of Aug 16, 2024, three stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Top 3 Tech Stocks That May Plunge In August

Starboard Value trims GoDaddy investment: Which stocks did it favor in Q2?

In a strategic shift, Starboard Value has reduced its stake in GoDaddy Inc (NYSE: GDDY) by approximately 28% in the second quarter, according to a recent regulatory filing. This decision comes after GoDaddy's stock surged over 50% since the beginning of 2024, leading the activist hedge fund to lock in profits.

Starboard Value trims GoDaddy investment: Which stocks did it favor in Q2?

GoDaddy Inc. to Participate in the 2024 Seaport Research Partners Annual Summer Investor Conference and to Present at the 2024 Citi Global Technology Conference

TEMPE, Ariz. , Aug. 15, 2024 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) Chief Financial Officer Mark McCaffrey will participate in the Seaport Research Partners Annual Summer Investor Conference held virtually on Tuesday, August 20, 2024.

GoDaddy Inc. to Participate in the 2024 Seaport Research Partners Annual Summer Investor Conference and to Present at the 2024 Citi Global Technology Conference

3 No-Brainer Growth Stocks to Buy for the Potential of 100% Gains (or More) by 2030

Investing in growth stocks that have the potential to double your money can be a difficult task. It involves conducting extensive due diligence and being patient as you navigate the market's ups and downs.

3 No-Brainer Growth Stocks to Buy for the Potential of 100% Gains (or More) by 2030

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