Q1 2025 EPS Estimates for GoDaddy Inc. (NYSE:GDDY) Reduced by William Blair

GoDaddy Inc. (NYSE:GDDY) – Analysts at William Blair lowered their Q1 2025 earnings estimates for GoDaddy in a report released on Friday, May 3rd. William Blair analyst A. Bhatia now expects that the technology company will earn $1.23 per share for the quarter, down from their prior forecast of $1.40. The consensus estimate for GoDaddy’s current full-year earnings is $4.93 per share. William Blair also issued estimates for GoDaddy’s Q2 2025 earnings at $1.26 EPS, Q3 2025 earnings at $1.35 EPS and Q4 2025 earnings at $1.46 EPS.

GoDaddy (NYSE:GDDY) last released its quarterly earnings data on Tuesday, February 13th. The technology company reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.05. The firm had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.10 billion. GoDaddy had a negative return on equity of 186.09% and a net margin of 40.38%.

Other analysts have also recently issued research reports about the company. Barclays boosted their price target on GoDaddy from $130.00 to $150.00 and gave the stock an “overweight” rating in a research report on Friday, May 3rd. Piper Sandler increased their price target on GoDaddy from $130.00 to $145.00 and gave the company an “overweight” rating in a report on Thursday, March 7th. Benchmark reaffirmed a “buy” rating and set a $150.00 price objective on shares of GoDaddy in a report on Wednesday, May 1st. Evercore ISI lifted their target price on shares of GoDaddy from $110.00 to $135.00 and gave the stock an “in-line” rating in a report on Friday, May 3rd. Finally, Robert W. Baird upped their price target on shares of GoDaddy from $130.00 to $150.00 and gave the company an “outperform” rating in a report on Monday, March 25th. Four investment analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $142.73.

GoDaddy Stock Up 2.4 %

GDDY stock opened at $131.36 on Monday. The firm has a market cap of $18.72 billion, a PE ratio of 10.91 and a beta of 1.09. GoDaddy has a 1 year low of $68.98 and a 1 year high of $131.90. The company has a fifty day simple moving average of $120.63 and a 200 day simple moving average of $107.64. The company has a current ratio of 0.55, a quick ratio of 0.47 and a debt-to-equity ratio of 9.15.

Institutional Investors Weigh In On GoDaddy

Hedge funds have recently made changes to their positions in the company. Gulf International Bank UK Ltd increased its holdings in shares of GoDaddy by 0.9% during the first quarter. Gulf International Bank UK Ltd now owns 12,030 shares of the technology company’s stock worth $1,427,000 after buying an additional 113 shares in the last quarter. Sivia Capital Partners LLC raised its position in GoDaddy by 3.9% in the 1st quarter. Sivia Capital Partners LLC now owns 3,023 shares of the technology company’s stock valued at $359,000 after purchasing an additional 113 shares during the last quarter. Ingalls & Snyder LLC boosted its stake in GoDaddy by 0.3% in the fourth quarter. Ingalls & Snyder LLC now owns 41,923 shares of the technology company’s stock worth $4,451,000 after purchasing an additional 120 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of GoDaddy by 102.3% during the first quarter. GAMMA Investing LLC now owns 263 shares of the technology company’s stock worth $31,000 after purchasing an additional 133 shares during the last quarter. Finally, Parkside Financial Bank & Trust increased its stake in shares of GoDaddy by 7.6% in the third quarter. Parkside Financial Bank & Trust now owns 1,940 shares of the technology company’s stock valued at $144,000 after buying an additional 137 shares in the last quarter. Institutional investors and hedge funds own 90.28% of the company’s stock.

Insider Buying and Selling

In other news, CAO Nick Daddario sold 1,823 shares of the stock in a transaction on Monday, March 4th. The shares were sold at an average price of $110.54, for a total value of $201,514.42. Following the completion of the transaction, the chief accounting officer now owns 25,263 shares in the company, valued at approximately $2,792,572.02. The sale was disclosed in a filing with the SEC, which is available at this link. In other GoDaddy news, CFO Mark Mccaffrey sold 28,392 shares of the company’s stock in a transaction on Monday, March 4th. The stock was sold at an average price of $110.54, for a total value of $3,138,451.68. Following the sale, the chief financial officer now directly owns 120,952 shares in the company, valued at $13,370,034.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Nick Daddario sold 1,823 shares of GoDaddy stock in a transaction on Monday, March 4th. The shares were sold at an average price of $110.54, for a total value of $201,514.42. Following the transaction, the chief accounting officer now directly owns 25,263 shares of the company’s stock, valued at $2,792,572.02. The disclosure for this sale can be found here. Insiders sold a total of 125,234 shares of company stock valued at $14,025,346 over the last ninety days. 0.54% of the stock is owned by company insiders.

GoDaddy Company Profile

GoDaddy Inc engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content.