GoDaddyGDDY
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
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]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
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 |
Financial journalist opinion
Based on 13 articles about GDDY published over the past 30 days