GoDaddy (NYSE:GDDY) Given New $154.00 Price Target at JPMorgan Chase & Co.

GoDaddy (NYSE:GDDY) had its price objective decreased by equities researchers at JPMorgan Chase & Co. from $167.00 to $154.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 78.28% from the company’s previous close.

GDDY has been the subject of several other research reports. Raymond James Financial reiterated a “strong-buy” rating and issued a $100.00 price target on shares of GoDaddy in a research report on Wednesday, February 25th. UBS Group dropped their price objective on shares of GoDaddy from $145.00 to $105.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 25th. Royal Bank Of Canada reduced their target price 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. Barclays lowered their price target on GoDaddy from $200.00 to $118.00 and set an “overweight” rating on the stock in a report on Thursday, February 26th. Finally, Morgan Stanley dropped their price target on GoDaddy from $159.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, GoDaddy currently has an average rating of “Moderate Buy” and an average price target of $120.93.

GoDaddy Stock Performance

Shares of NYSE GDDY traded down $0.41 during trading hours on Friday, reaching $86.38. The stock had a trading volume of 2,405,962 shares, compared to its average volume of 2,175,040. The firm has a 50-day moving average of $84.84 and a 200-day moving average of $107.03. The firm has a market cap of $11.52 billion, a price-to-earnings ratio of 13.85, a PEG ratio of 0.79 and a beta of 0.98. The company has a current ratio of 0.61, a quick ratio of 0.61 and a debt-to-equity ratio of 17.50. GoDaddy has a fifty-two week low of $73.06 and a fifty-two week high of $190.50.

GoDaddy (NYSE:GDDY) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.60 EPS for the quarter, topping the consensus estimate of $1.53 by $0.07. The company had revenue of $1.27 billion for the quarter, compared to analyst estimates of $1.26 billion. GoDaddy had a return on equity of 369.00% and a net margin of 17.67%.The firm’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.51 earnings per share. Equities research analysts predict that GoDaddy will post 6.97 earnings per share for the current year.

Insiders Place Their Bets

In other GoDaddy news, CFO Mark Mccaffrey sold 17,406 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $88.99, for a total value of $1,548,959.94. Following the completion of the sale, the chief financial officer owned 113,003 shares of the company’s stock, valued at approximately $10,056,136.97. This trade represents a 13.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Amanpal Singh Bhutani sold 34,148 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $88.99, for a total transaction of $3,038,830.52. Following the completion of the sale, the chief executive officer owned 530,120 shares of the company’s stock, valued at $47,175,378.80. This trade represents a 6.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 61,918 shares of company stock valued at $5,500,469 over the last 90 days. 0.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On GoDaddy

Several hedge funds have recently bought and sold shares of GDDY. Hemington Wealth Management raised its stake in GoDaddy by 85.9% in the 3rd quarter. Hemington Wealth Management now owns 184 shares of the technology company’s stock valued at $25,000 after purchasing an additional 85 shares during the last quarter. Rachor Investment Advisory Services LLC purchased a new stake in shares of GoDaddy during the fourth quarter worth about $25,000. Activest Wealth Management raised its position in shares of GoDaddy by 6,600.0% in the fourth quarter. Activest Wealth Management now owns 201 shares of the technology company’s stock valued at $25,000 after buying an additional 198 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of GoDaddy in the fourth quarter valued at approximately $25,000. Finally, Root Financial Partners LLC purchased a new position in shares of GoDaddy during the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 90.28% of the company’s stock.

Key GoDaddy News

Here are the key news stories impacting GoDaddy this week:

• Positive Sentiment: Q1 earnings beat — GoDaddy reported $1.60 EPS vs. consensus $1.53 and revenue of $1.27B vs. ~$1.26B, showing ~6% year-over-year revenue growth; management replayed supporting detail on the call. PR/earnings release
• Positive Sentiment: AI-driven outlook — Management said AI tools are a key growth driver and forecasted quarterly revenue above Street estimates, pointing to increased SMB adoption of the platform. This drove investor optimism about sustainable revenue expansion. Reuters: AI push and revenue forecast
• Positive Sentiment: Market reaction — Coverage and headlines highlighted the beat + AI momentum, and traders pushed the stock higher (reported intraday surge ~4% in some outlets). Positive sentiment is short-term bullish as investors re-price growth potential. Blockonomi: stock reaction
• Neutral Sentiment: Revenue largely in line — Some summaries note revenue met expectations (not a large beat), so upside rests on margin execution and AI monetization converting to durable ARR gains. Yahoo Finance: Q1 recap
• Neutral Sentiment: Analyst/metric deep dives — Follow-up pieces offer metric-level context (customer adds, ARR, margins) that investors will parse for evidence AI is driving higher lifetime value and lower churn; these reports are analytical rather than new catalysts. Zacks: key metrics analysis
• Neutral Sentiment: Earnings snapshot coverage — Local and wire stories summarized results and the investor presentation; useful for detail but not new directional news. Stamford Advocate: earnings snapshot

About GoDaddy

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.