Godaddy Inc (GDDY) Stock Forecast & Predictions

Godaddy Inc - Class A GDDY: $85.95

, , , . | Sector: Professional, Scientific, and Technical Services | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web:

  • Market Cap$14.58B
  • Change (52 Weeks)34.99%
  • Low (52 Weeks)$62.89
  • Godaddy Inc (GDDY) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Godaddy Inc (GDDY) stock price is $85.95 and the 52 weeks low is $62.89, which means the Godaddy Inc stock price is up 34.99% in the last 12 months.

    Godaddy Inc (GDDY) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that GDDY Stock price might rise further, 25.00% indicating that GDDY Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall GDDY stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Godaddy Inc (GDDY) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Godaddy Inc (GDDY) is based on 20 Institutional Analyst Ratings where 50.00% are on Strong Buy, 40.00% on Moderate Buy, 10.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended GDDY stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Godaddy Inc.

    Godaddy Inc (GDDY) Stock Price Prediction By Analysts


    HighLowAverage
    $126.00$69.69$103.46
    $103.4620.37% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for GDDY set by the institutional analysts is $103.46 where High Estimate is $126.00, Median $109.14 and Low $69.69.

    The average price target for GDDY by Institutional Analysts is $103.46, which is 20.37% Upside from the current price. So according to the Institutional Analysts, GDDY Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Godaddy Inc (GDDY) Stock Forecast Based on News Sentiment


    Neutral
    Based on 3 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of GDDY consisting of positive and negative, it shows that Godaddy Inc had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so GDDY stock price most likey won't have any reaction to last weeks news coverage.

    Godaddy Inc (GDDY) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Evercore ISI GroupIn-LineInitiated
    Wolfe ResearchOutperformInitiated
    RosenblattBuyMaintained
    Raymond JamesStrong BuyMaintained
    Piper SandlerOverweightMaintained
    OppenheimerOutperformMaintained
    JP MorganOverweightMaintained
    BarclaysOverweightMaintained
    RosenblattBuyMaintained
    Piper SandlerOverweightMaintained
    RosenblattBuyMaintained
    Piper SandlerOverweightMaintained
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    WedbushOutperformMaintained
    JP MorganOverweightUpgraded
    Piper SandlerOverweightMaintained
    WedbushOutperformMaintained
    Piper SandlerOverweightMaintained
    JP MorganOverweightUpgraded
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    SunTrust Robinson HumphreyBuyMaintained
    BarclaysOverweightMaintained
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    JefferiesBuyMaintained
    BarclaysOverweightMaintained
    WedbushOutperformUpgraded
    WedbushOutperformUpgraded
    SunTrust Robinson HumphreyBuyMaintained
    Raymond JamesOutperformMaintained
    OppenheimerOutperformMaintained
    SunTrust Robinson HumphreyBuyMaintained
    Raymond JamesOutperformMaintained
    OppenheimerOutperformMaintained
    Piper SandlerOverweightMaintained
    Piper SandlerOverweightMaintained
    RosenblattBuyInitiated
    RosenblattBuyInitiated
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    Raymond JamesOutperformMaintained
    Piper SandlerOverweightMaintained
    BarclaysOverweightMaintained
    Piper JaffrayOverweightMaintained
    Piper JaffrayOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Raymond JamesOutperformMaintained
    Raymond JamesOutperformMaintained
    BarclaysOverweightMaintained
    CitigroupBuyMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    CitigroupBuyUpgraded
    CitigroupBuyUpgraded
    WedbushNeutralInitiated
    WedbushNeutralInitiated
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    B. Riley FBRBuyUpgraded
    B. Riley FBRNeutralInitiated
    Goldman SachsBuyInitiated
    Goldman SachsBuyInitiated
    CitigroupNeutralMaintained
    CitigroupNeutralMaintained
    Morgan StanleyOverweightMaintained
    Stifel NicolausHoldMaintained
    JMP SecuritiesMarket OutperformMaintained
    Deutsche BankBuyMaintained
    Stifel NicolausHoldMaintained
    Morgan StanleyOverweightMaintained
    JMP SecuritiesMarket OutperformMaintained
    Deutsche BankBuyMaintained
    BarclaysOverweightMaintained
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    BarclaysOverweightMaintained
    JP MorganNeutralDowngraded
    JP MorganNeutralDowngraded
    WedbushNeutralInitiated
    WedbushNeutralInitiated
    OppenheimerOutperformMaintained
    JefferiesBuyMaintained
    OppenheimerOutperformMaintained
    JefferiesBuyMaintained
    William BlairOutperformInitiated
    William BlairOutperformInitiated
    JefferiesBuyInitiated
    JefferiesBuyInitiated
    SunTrust Robinson HumphreyBuyInitiated
    SunTrust Robinson HumphreyBuyInitiated
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    OppenheimerOutperformMaintained
    OppenheimerOutperformMaintained
    Raymond JamesOutperformMaintained
    Raymond JamesOutperformMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    BarclaysOverweightInitiated
    BarclaysOverweightInitiated
    Summit Redstone PartnersHoldDowngraded
    Summit Redstone PartnersHoldDowngraded
    B. Riley FBRBuyUpgraded
    B. RileyBuyUpgraded
    Monness Crespi HardtNeutralDowngraded
    Monness Crespi HardtNeutralDowngraded
    Cantor FitzgeraldBuyInitiated
    Cantor FitzgeraldBuyInitiated
    Summit RedstoneBuyInitiated
    Summit RedstoneBuyInitiated
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    CitigroupNeutralDowngraded
    CitigroupNeutralDowngraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightMaintained
    B. Riley FBRNeutralInitiated
    B. RileyNeutralInitiated
    Singular ResearchSellInitiated
    Singular ResearchSellInitiated
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    Deutsche BankBuyMaintained
    UBSBuyInitiated
    UBSBuyInitiated
    Monness Crespi HardtBuyInitiated
    Monness Crespi HardtBuyInitiated
    BarclaysOverweightMaintained
    BarclaysOverweightMaintained
    OppenheimerOutperformInitiated
    Deutsche BankBuyInitiated
    PiperJaffrayOverweightInitiated
    RBC CapitalOutperformInitiated
    JP MorganOverweightInitiated
    JMP SecuritiesMarket OutperformInitiated
    Stifel NicolausHoldInitiated
    Morgan StanleyOverweightInitiated
    BarclaysOverweightInitiated
    Stifel NicolausHoldInitiated
    RBC CapitalOutperformInitiated
    PiperJaffrayOverweightInitiated
    OppenheimerOutperformInitiated
    Morgan StanleyOverweightInitiated
    JP MorganOverweightInitiated
    JMP SecuritiesMarket OutperformInitiated
    Deutsche BankBuyInitiated
    BarclaysOverweightInitiated
    Craig-HallumBuyInitiated
    Craig-HallumBuyInitiated

    Godaddy Inc (GDDY) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.334
    The average consensus EPS for GDDY is $0.334 with a high estimate of $0.452 and Low of $0.255 for the period 2021-06-30 and based on 17 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.38$0.33974162020-09-30


    The latest average Earning Per Share Estimate for Godaddy Inc is $0.33, which is lower than GDDY's last EPS, $0.38. This means that Analysts are expecting Godaddy Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Godaddy Inc.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.38$0.33974162020-09-30
    $0.25$0.156641400000000012020-06-30
    $0.24$0.17618462020-03-31
    $0.34$0.31535342019-12-31
    $0.31$0.21105842019-09-30
    $0.01$0.16028282019-06-30
    $0.07$0.10676342019-03-31
    $0.24$0.13697582018-12-31
    $0.08$0.17631722018-09-30
    $0.11$0.07845842018-06-30
    $0.02$0.0141269999999999992018-03-31
    $0.09$0.0878732017-12-31
    $0.04$0.03909662017-09-30
    $0.1$0.0114749999999999992017-06-30
    $0.01$-0.06233222017-03-31
    $-0.02$0.091799999999999992016-12-31
    $0.05$0.03338462016-09-30
    $-0.11$-0.072246600000000012016-06-30
    $-0.15$-0.16968722016-03-31
    $0$-0.03399662015-12-31
    $-0.04$-0.07479662015-09-30
    $0.33$-0.174532200000000032015-06-30
    $0.26$0.348840000000000042015-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).