Brokerages Set GoDaddy Inc. (NYSE:GDDY) Target Price at $120.57

Posted by on Jun 19th, 2026

Shares of GoDaddy Inc. (NYSE:GDDY – Get Free Report) have been given a consensus recommendation of “Moderate Buy” by the fifteen research firms that are currently covering the company, Marketbeat Ratings reports. Eight analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $118.4286.

Several research firms have recently weighed in on GDDY. Citigroup cut their target price on shares of GoDaddy from $195.00 to $110.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Benchmark dropped their price target on shares of GoDaddy from $195.00 to $185.00 and set a “buy” rating on the stock in a research report on Tuesday, April 28th. Royal Bank Of Canada cut their price objective on shares of GoDaddy from $200.00 to $100.00 and set an “outperform” rating for the company in a report on Wednesday, February 25th. UBS Group started coverage on shares of GoDaddy in a research report on Tuesday, May 5th. They issued a “neutral” rating and a $100.00 price objective for the company. Finally, JPMorgan Chase & Co. lowered their target price on shares of GoDaddy from $154.00 to $124.00 and set an “overweight” rating on the stock in a research note on Thursday.

Check Out Our Latest Report on GDDY

GoDaddy Stock Up 1.1%

Shares of GDDY opened at $76.92 on Friday. GoDaddy has a 52 week low of $71.59 and a 52 week high of $181.49. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 15.86. The company has a market capitalization of $10.18 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 0.69 and a beta of 0.90. The stock’s 50-day moving average price is $85.04 and its 200-day moving average price is $96.38.

GoDaddy (NYSE:GDDY – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported $1.60 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.07. GoDaddy had a return on equity of 366.90% and a net margin of 17.32%.The company had revenue of $1.27 billion during the quarter, compared to analysts’ expectations of $1.26 billion. During the same period last year, the business earned $1.51 earnings per share. GoDaddy’s quarterly revenue was up 6.1% on a year-over-year basis. On average, sell-side analysts predict that GoDaddy will post 7.14 EPS for the current year.

Insiders Place Their Bets

In other GoDaddy news, Director Sigal Zarmi sold 350 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $87.84, for a total value of $30,744.00. Following the sale, the director directly owned 5,708 shares of the company’s stock, valued at approximately $501,390.72. This trade represents a 5.78% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Phontip Palitwanon sold 542 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $89.86, for a total value of $48,704.12. Following the completion of the sale, the chief accounting officer owned 19,995 shares of the company’s stock, valued at $1,796,750.70. This trade represents a 2.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 16,751 shares of company stock worth $1,480,228. Company insiders own 0.93% of the company’s stock.

Hedge Funds Weigh In On GoDaddy

A number of large investors have recently added to or reduced their stakes in the stock. Sivia Capital Partners LLC raised its position in shares of GoDaddy by 90.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,271 shares of the technology company’s stock worth $589,000 after purchasing an additional 1,552 shares during the last quarter. Cerity Partners LLC boosted its holdings in GoDaddy by 50.0% in the 2nd quarter. Cerity Partners LLC now owns 27,189 shares of the technology company’s stock worth $4,896,000 after buying an additional 9,062 shares during the last quarter. Treasurer of the State of North Carolina increased its stake in GoDaddy by 83.0% during the 2nd quarter. Treasurer of the State of North Carolina now owns 155,593 shares of the technology company’s stock worth $28,016,000 after buying an additional 70,585 shares in the last quarter. Osterweis Capital Management Inc. purchased a new stake in GoDaddy during the 2nd quarter worth approximately $152,000. Finally, Main Street Financial Solutions LLC raised its holdings in shares of GoDaddy by 1.0% during the second quarter. Main Street Financial Solutions LLC now owns 12,136 shares of the technology company’s stock valued at $2,185,000 after acquiring an additional 119 shares during the last quarter. 90.28% of the stock is currently owned by institutional investors and hedge funds.

GoDaddy Company Profile

(Get Free Report)

GoDaddy is a technology company that provides a suite of online services aimed primarily at small businesses, entrepreneurs and individuals looking to establish and grow an online presence. The company’s core activities include domain name registration and aftermarket services, a range of website hosting options, and tools for building, managing and promoting websites. Its product mix is designed to simplify the technical aspects of running a website so customers can focus on their businesses.

Product and service offerings span website builders and managed WordPress hosting, shared and dedicated hosting, e-commerce capabilities, email and productivity solutions, SSL certificates and site security tools, and online marketing and search engine optimization services.

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Analyst Recommendations for GoDaddy (NYSE:GDDY)

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