
GoDaddy (GDDY) Stock Forecast & Price Target
GoDaddy (GDDY) Analyst Ratings
Bulls say
GoDaddy Inc. has demonstrated robust growth in its Applications and Commerce (A&C) segment, with revenue increasing by 13.7% year-over-year, reflecting strong bookings growth of 14% year-over-year, which exceeds prior expectations. The company anticipates continued strong performance, with A&C segment revenue projected to grow in the mid-teens for FY25 and solid advancements in its payment solutions stemming from an expanding customer base. Additionally, GoDaddy's ongoing initiatives in artificial intelligence are expected to enhance operational efficiency, further contributing to a favorable financial outlook.
Bears say
GoDaddy Inc. is facing a negative outlook driven by a decline in EBITDA margins and potential adverse effects from macroeconomic conditions, such as tightening credit markets and increased joblessness, which could lead to reduced customer acquisition and average revenue per user (ARPU) growth. Additionally, a deceleration in bookings for the Applications and Commerce segment indicates waning demand, exacerbated by customers taking advantage of discounts, which may hurt overall financial performance. Furthermore, a perceived decrease in the value of GoDaddy's products and services could lead to increased churn and loss of market share, compounding the challenges the company is likely to encounter.
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
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