WallStreetZen

NYSE: GDDY
GoDaddy Inc Stock Forecast, Predictions & Price Target

Analyst price target for GDDY

Based on 9 analysts offering 12 month price targets for GoDaddy Inc.
Min Forecast
$85.00+14.43%
Avg Forecast
$98.89+33.13%
Max Forecast
$113.00+52.13%

Should I buy or sell GDDY stock?

Based on 9 analysts offering ratings for GoDaddy Inc.
Buy
Strong Buy
4 analysts 44.44%
Buy
1 analysts 11.11%
Hold
4 analysts 44.44%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

GDDY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Rosenblatt
Top 4%
97
HoldDowngrades$85.00+14.43%2021-08-05
Raymond James
Top 7%
94
Strong BuyMaintains$108.00+45.40%2021-08-05
Piper Sandler
Top 7%
94
HoldDowngrades$85.00+14.43%2021-08-05
Anonymous
Morgan Stanley
HoldInitiates Coverage On$95.00+27.89%2021-07-19
Evercore ISI Group
Top 3%
98
HoldInitiates Coverage On$87.00+17.12%2021-04-06
JP Morgan
Bottom 2%
2
Strong BuyMaintains$113.00+52.13%2021-02-12
Barclays
Top 23%
78
Strong BuyMaintains$107.00+44.05%2021-02-12
Oppenheimer
Top 3%
98
BuyMaintains$110.00+48.09%2021-02-12
Piper Sandler
Top 1%
100
Strong BuyMaintains$100.00+34.63%2021-02-12

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Forecast return on equity

Is GDDY forecast to generate an efficient return?
Company
-1,570.14%
Industry
29.77%
Market
30.41%
GDDY's Return on Equity is forecast to be low in 3 years (-1,570.14%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is GDDY forecast to generate an efficient return on assets?
Company
7.1%
Industry
15.81%
Market
15.13%
GDDY is forecast to generate lower Return on Assets (7.1%) than the US Software - Infrastructure industry average (15.81%)
Forecast

GDDY earnings per share forecast

What is GDDY's earnings per share in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$1.09-4.76%
Avg 2 year Forecast
$1.73+51.97%
Avg 3 year Forecast
$2.71+137.43%
GDDY's earnings are forecast to grow at an exceptional rate of 31.54% per year
Forecast

GDDY revenue forecast

What is GDDY's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$3.7B+5.58%
Avg 2 year Forecast
$4.2B+16.92%
Avg 3 year Forecast
$4.6B+29.94%
GDDY's revenue is forecast to grow at a rate of 8.96% per year, which is not exceptional
Forecast

GDDY earnings growth forecast

How is GDDY forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
31.54%
Industry
7.46%
Market
18.84%
GDDY's earnings are forecast to grow faster (31.54% per year) than the US Software - Infrastructure industry average (7.46%)
Forecast
GDDY's earnings are forecast to grow faster (31.54% per year) than the US market average (18.84%)
Forecast
GDDY's earnings are forecast to grow faster (31.54% per year) than the risk-free savings rate (1.3%)
Forecast

GDDY revenue growth forecast

How is GDDY forecast to perform vs Software - Infrastructure companies and vs the US market?
Company
8.96%
Industry
11.85%
Market
12.2%
GDDY's revenues are forecast to grow slower (8.96% per year) than the US Software - Infrastructure industry average (11.85%)
Forecast
GDDY's revenues are forecast to grow slower (8.96% per year) than the US market average (12.2%)
Forecast

GoDaddy Stock Forecast FAQ

Is GoDaddy Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: GDDY) stock is to Buy GDDY stock.

Out of 9 analysts, 4 (44.44%) are recommending GDDY as a Strong Buy, 1 (11.11%) are recommending GDDY as a Buy, 4 (44.44%) are recommending GDDY as a Hold, 0 (0%) are recommending GDDY as a Sell, and 0 (0%) are recommending GDDY as a Strong Sell.

What is GDDY's earnings growth forecast for 2021-2023?

(NYSE: GDDY) GoDaddy's forecast annual earnings growth rate of 31.54% is forecast to beat the US Software - Infrastructure industry's average forecast earnings growth rate of 7.46%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 18.84%.

GoDaddy's earnings in 2021 is $192,800,000.On average, 7 Wall Street analysts forecast GDDY's earnings for 2021 to be $183,710,372, with the lowest GDDY earnings forecast at $150,596,142, and the highest GDDY earnings forecast at $204,743,069. On average, 8 Wall Street analysts forecast GDDY's earnings for 2022 to be $293,154,849, with the lowest GDDY earnings forecast at $221,663,984, and the highest GDDY earnings forecast at $341,802,479.

In 2023, GDDY is forecast to generate $457,998,401 in earnings, with the lowest earnings forecast at $392,565,223 and the highest earnings forecast at $580,387,378.

What is GDDY's revenue growth forecast for 2021-2023?

(NYSE: GDDY) GoDaddy's forecast annual revenue growth rate of 8.96% is not forecast to beat the US Software - Infrastructure industry's average forecast revenue growth rate of 11.85%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 12.2%.

GoDaddy's revenue in 2021 is $3,550,700,000.On average, 8 Wall Street analysts forecast GDDY's revenue for 2021 to be $634,343,775,499, with the lowest GDDY revenue forecast at $633,640,880,699, and the highest GDDY revenue forecast at $634,547,334,104. On average, 8 Wall Street analysts forecast GDDY's revenue for 2022 to be $702,481,761,262, with the lowest GDDY revenue forecast at $693,046,828,378, and the highest GDDY revenue forecast at $710,170,794,156.

In 2023, GDDY is forecast to generate $780,720,856,323 in revenue, with the lowest revenue forecast at $774,436,428,566 and the highest revenue forecast at $788,345,420,532.

What is GDDY's forecast return on assets (ROA) for 2021-2024?

(NYSE: GDDY) forecast ROA is 7.1%, which is lower than the forecast US Software - Infrastructure industry average of 15.81%.

What is GDDY's Price Target?

According to 9 Wall Street analysts that have issued a 1 year GDDY price target, the average GDDY price target is $98.89, with the highest GDDY stock price forecast at $113.00 and the lowest GDDY stock price forecast at $85.00.

On average, Wall Street analysts predict that GoDaddy's share price could stay at $98.89 by Aug 5, 2022. The average GoDaddy stock price prediction forecasts a potential downside of N/A from the current GDDY share price of $74.28.

What is GDDY's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: GDDY) GoDaddy's current Earnings Per Share (EPS) is $1.14. On average, analysts forecast that GDDY's EPS will be $1.09 for 2021, with the lowest EPS forecast at $0.89, and the highest EPS forecast at $1.21. On average, analysts forecast that GDDY's EPS will be $1.73 for 2022, with the lowest EPS forecast at $1.31, and the highest EPS forecast at $2.02. In 2023, GDDY's EPS is forecast to hit $2.71 (min: $2.32, max: $3.43).

What is GDDY's forecast return on equity (ROE) for 2021-2024?

(NYSE: GDDY) forecast ROE is -1,570.14%, which is considered weak.
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