
GoDaddy (GDDY) Stock Forecast & Price Target
GoDaddy (GDDY) Analyst Ratings
Bulls say
GoDaddy’s strong financial performance is illustrated by a 17% year-over-year growth in Applications & Commerce (A&C) bookings, indicating a robust demand for its core services. The A&C revenue increased by 16.9% year-over-year, demonstrating Outperformance against market expectations, while core platform revenue reached $751.4 million, marking a 3.9% year-over-year growth. Enhanced margins, expanded product offerings through initiatives like Airo and bundling strategies, and valuable first-party data amplify GoDaddy's competitive edge, providing a solid foundation for future growth.
Bears say
GoDaddy's financial outlook reflects concerns regarding its revenue growth potential, particularly with a 1.0% year-over-year decline in Aftermarket revenue and a modest 3.9% growth in Core Platform revenue, which may not be sufficient to sustain market expectations. The company faces significant risks if macroeconomic conditions worsen, as this could lead to reduced customer acquisition and retention, subsequently impacting overall revenue and profitability. Additionally, rising customer acquisition costs due to increased competition could further erode marketing efficiency, presenting challenges to GoDaddy’s margins and overall financial performance.
This aggregate rating is based on analysts' research of GoDaddy and is not a guaranteed prediction by Public.com or investment advice.
GoDaddy (GDDY) Analyst Forecast & Price Prediction
Start investing in GoDaddy (GDDY)
Order type
Buy in
Order amount
Est. shares
0 shares