Godaddy is a software infrastructure company located in Arizona, United States, which is part of the Technology sector, and is traded under the ticker GDDY on the NYSE exchange.
Godaddy stock last closed at $177.84, up 0.3% from the previous day, and has increased 103.87% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 1.2 percentage points. Godaddy stock is currently +104.04% from its 52-week low of $87.16, and -0.25% from its 52-week high of $178.28.
At the moment, there are 140.39M shares of GDDY outstanding. The market value of GDDY is $24.97B. In the last 24 hours, 849,636 GDDY shares were traded.
You will need a brokerage account to access the NYSE market and buy GDDY shares.
We believe that eToro is the best stock brokerage. eToro gives you:
Get $10 towards your stock purchase by opening an account with eToro today.
Open eToro AccountNow that you've picked the best brokerage, you'll need to fill out some personal details so you can buy GDDY today.
Now that you have finished signing up on the best investment app, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring money into your new investment account.
After you have figured out the best place to buy Godaddy stock, it's absolutely critical to research their stock before you invest, so you truly comprehend the risk and upside.
WallStreetZen was built to help everyday investors do more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on GDDY's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge GDDY's intrinsic value.
Using relative valuations metrics:
You can access more valuation research on GDDY's stock here.
Out of 10 Wall Street analysts who give recommendations on GDDY, the consensus analyst rating on Godaddy is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Deepak Mathivanan, a top 4% analyst from Cantor Fitzgerald reiterates GDDY with a hold rating and maintains their GDDY price target from $170.00 to $170.00, on Oct 7, 2024.
Trevor Young, a top 26% analyst from Barclays maintains GDDY with a strong buy rating and raises their GDDY price target from $165.00 to $185.00, on Sep 25, 2024.
Josh Beck, a top 2% analyst from Raymond James maintains GDDY with a strong buy rating and raises their GDDY price target from $150.00 to $175.00, on Aug 2, 2024.
Raymond James's Josh Beck raised their price target on Godaddy (NYSE: GDDY) by 16.7% from $150 to $175 on 2024/08/02. The analyst maintained their Strong Buy rating on the stock.
Godaddy reported its Q2 2024 earnings on 2024/08/01.
Beck summed up Goddady's quarter by saying that revenue and guidance were, overall, in line with consensus estimates, but a 2% beat was delivered by the "key" Applications & Commerce segment, and NEBTIDA was 6% ahead of buyside expectations."
For Q2 2024, Godaddy reported:
Management guided:
For Q3 2024:
For FY 2024:
CEO Aman Bhutani commented: "GoDaddy successfully delivered a great quarte.
"We are making progress on our key initiatives, including growing discovery and engagement of our AI-powered experience, GoDaddy Airo.
"We see tremendous opportunity for long-term growth as we continue to create value for our customers with innovative solutions and seamless experiences."
CFO Mark McCaffrey added: "We are pleased with our strong Q2 results, demonstrating execution against our plan to drive both innovation and operational efficiency.
"Our track record of profitable growth, driving compounding free cash flow and maintaining a strong balance sheet, alongside our capital allocation strategy, positions GoDaddy well to drive long-term shareholder value."
Ygal Arounian, a top 36% analyst from Citigroup maintains GDDY with a strong buy rating and raises their GDDY price target from $150.00 to $165.00, on May 31, 2024.
Alexei Gogolev, a top 11% analyst from JP Morgan maintains GDDY with a strong buy rating and raises their GDDY price target from $136.00 to $175.00, on May 29, 2024.
You can dig deeper into what analysts are saying on the Godaddy stock forecast page.
Last year, GDDY earnings were $1.85B. During the past five year, GDDY's earnings have increased by 77.71% per year. This was faster than the Software - Infrastructure industry average of 30.31%.
Last year, GDDY revenue was $4.48B. Over the past 5 year, GDDY's revenue has gone up by 9.07% per year. This was slower than the Software - Infrastructure industry average of 17.97%.
You can analyze GDDY's earnings and revenue performance here.
In the past year, executives and large shareholders at GDDY have sold more shares than they have bought.
Amanpal Singh Bhutani, Chief Executive Officer of GDDY, was the latest GDDY insider to sell. They sold $503,370.00 worth of GDDY shares on Nov 1, 2024.
Get more info about who owns GDDY shares here.
No, Godaddy doesn't provide an income stream by paying out dividends.
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
You have two primary types of orders:
Press the Open button and your broker will execute the order.
If you require more assistance investing in stocks on eToro, click the helpful video below:
Now that you own some shares in GDDY, you'll want to keep up with your stock purchase.
Create a watchlist to get notified of the latest news about your GDDY stock.
To summarize, here are the 6 steps for buying Godaddy stock:
If you require a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to watch your new investment in Godaddy, get started below.