Godaddy Inc [NYSE: GDDY] stock went on an upward path that rose over 3.36% on Monday, amounting to a one-week price decrease of less than -1.56%.
Over the last 12 months, GDDY stock rose by 48.98%. The one-year Godaddy Inc stock forecast points to a potential upside of 16.47. The average equity rating for GDDY stock is currently 2.23, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $25.96 billion, with 142.43 million shares outstanding and 137.10 million shares in the current float. Compared to the average trading volume of 1.76M shares, GDDY stock reached a trading volume of 1997683 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Godaddy Inc [GDDY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GDDY shares is $218.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GDDY stock is a recommendation set at 2.23. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Godaddy Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on February 03, 2025. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $160 to $172. The new note on the price target was released on September 23, 2024, representing the official price target for Godaddy Inc stock. Previously, the target price had yet another raise to $170, while Cantor Fitzgerald analysts kept a Neutral rating on GDDY stock. On July 12, 2024, analysts increased their price target for GDDY shares from 143 to 170.
The Average True Range (ATR) for Godaddy Inc is set at 6.88, with the Price to Sales ratio for GDDY stock in the period of the last 12 months amounting to 5.58. The Price to Book ratio for the last quarter was 129.94, with the Price to Cash per share for the same quarter was set at 5.05. Price to Free Cash Flow for GDDY in the course of the last twelve months was 18.96 with Quick ratio for the last quarter at 0.56.
GDDY Stock Performance Analysis:
Godaddy Inc [GDDY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.56. With this latest performance, GDDY shares gained by 2.54% in over the last four-week period, additionally plugging by 12.74% over the last 6 months – not to mention a rise of 48.98% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GDDY stock in for the last two-week period is set at 52.80, with the RSI for the last a single of trading hit 52.90, and the three-weeks RSI is set at 51.80 for Godaddy Inc [GDDY]. The present Moving Average for the last 50 days of trading for this stock 176.89, while it was recorded at 185.52 for the last single week of trading, and 177.19 for the last 200 days.
Insight into Godaddy Inc Fundamentals:
Godaddy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.56 and a Current Ratio set at 0.56.
GDDY Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GDDY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Godaddy Inc go to 11.53%.
Godaddy Inc [GDDY] Institutonal Ownership Details
The top three institutional holders of GDDY stocks are: VANGUARD GROUP INC with ownership of 17.45 million shares, which is approximately 12.3496%. BLACKROCK INC., holding 13.41 million shares of the stock with an approximate value of $$1.87 billion in GDDY stocks shares; and BLACKROCK INC., currently with $$1.07 billion in GDDY stock with ownership which is approximately 5.4307%.
