
GoDaddy (GDDY) Stock Forecast & Price Target
GoDaddy (GDDY) Analyst Ratings
Bulls say
GoDaddy is diversifying its revenue streams through its Core Platform and Applications and Commerce segments, with a strong focus on small businesses. The company's GTM strategy and promotional offers on 1-year domains caused a deceleration in bookings in 4Q, but growth is expected to improve in 2H. The company also has a strong AI product roadmap and opportunities for efficiency gains, but sentiment on AI risks may weigh on multiples in the near-term.
Bears say
GoDaddy is facing challenges with its revenue growth, as evidenced by its 1QE bookings versus revenue y/y growth delta and its -2pt growth delta reduction caused by a $4.99 annual .com promo in its go-to-market motion and a temporary pause in its pricing and bundling strategies during its W+M upgrade. Other factors contributing to the negative outlook include the normalization of Aftermarket domains growth, removal of .CO domains, and concerns about pulling forward demand via discounting. Investors should closely monitor Airo.ai's monetization and potential ANS monetization in the second half of the year, as well as product transitions and AI monetization to determine if they will lead to sustained acceleration in the company's Applications and Commerce segment without margin erosion.
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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