GoDaddyGDDY
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 Q3 regulatory filings by fund managers ($100M+ AUM)
70% more first-time investments, than exits
New positions opened: 114 | Existing positions closed: 67
44% more call options, than puts
Call options by funds: $253M | Put options by funds: $176M
14% more funds holding in top 10
Funds holding in top 10: 14 [Q2] → 16 (+2) [Q3]
7% more funds holding
Funds holding: 610 [Q2] → 650 (+40) [Q3]
2% more capital invested
Capital invested by funds: $20.4B [Q2] → $20.8B (+$393M) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 235 | Existing positions reduced: 242
8.44% less ownership
Funds ownership: 102.95% [Q2] → 94.5% (-8.44%) [Q3]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Morgan Stanley Elizabeth Elliott 0 / 0 met price target | 13%upside $227 | Equal-Weight Maintained | 13 Jan 2025 |
Citigroup Ygal Arounian 57% 1-year accuracy 12 / 21 met price target | 25%upside $251 | Buy Maintained | 3 Jan 2025 |
RBC Capital Brad Erickson 70% 1-year accuracy 45 / 64 met price target | 14%upside $230 | Outperform Reiterated | 4 Dec 2024 |
Jefferies Brent Thill 63% 1-year accuracy 34 / 54 met price target | 0%downside $200 | Buy Maintained | 4 Dec 2024 |
JP Morgan Alexei Gogolev 54% 1-year accuracy 15 / 28 met price target | 11%upside $224 | Overweight Maintained | 4 Dec 2024 |
Financial journalist opinion
Based on 6 articles about GDDY published over the past 30 days