
GoDaddy (GDDY) Stock Forecast & Price Target
GoDaddy (GDDY) Analyst Ratings
Bulls say
GoDaddy's financial performance indicates a solid growth trajectory, highlighted by a 16.9% year-over-year increase in Applications & Commerce (A&C) revenue, which contributed significantly to overall revenue stability. The company demonstrated effective cost management leading to margins exceeding expectations, while bookings in A&C grew 17% year-over-year, reinforcing its operational strength. Furthermore, the implementation of initiatives like Airo and strategic bundling efforts suggest a favorable outlook for long-term revenue growth and customer retention, supported by the advantages of its first-party data signals.
Bears say
The financial outlook for GoDaddy appears negative due to stagnant performance in its Core Platform segment, which, despite a 3.9% year-over-year revenue increase, may not be sufficient to offset the 1% decline in Aftermarket revenue, indicating challenges in revenue diversification. Additionally, potential macroeconomic downturns could result in increased customer attrition and reduced average revenue per user (ARPU), further exacerbating top-line growth issues. Increasing competitive pressures and the potential rise in customer acquisition costs, coupled with a perceived decrease in the value of GoDaddy's offerings, pose further risks to the company's profitability and market share.
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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