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GoDaddy (GDDY) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-01-23 18:01
GoDaddy (GDDY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.Individual invest ...
Walton Goggins Revealed as Celebrity in GoDaddy Super Bowl Ad
Prnewswire· 2025-01-23 15:47
GoDaddy Airo™ - an AI-powered experience for small business ownersGoDaddy Airo harnesses innovative AI technology to help small business owners get online faster, drive traffic to their website, boost sales and deepen their customer engagement on social media. In the U.S. alone, more than 3 million customers, including Walton Goggins Goggle Glasses, discovered the power of GoDaddy Airo. That number continues to grow as GoDaddy Airo's rollout spans 180 countries and counting. The results of the revolutionary ...
GoDaddy Donates $500K to Support WordPress Community
Prnewswire· 2025-01-21 16:15
GoDaddy's Investment in WordPress Community - GoDaddy invested $500,000 in the WordPress community through a donation to The WP Community Collective, aimed at providing financial, operational, and promotional support [1][2] - The company also launched a redesigned Managed WordPress Hosting platform, built with developers in mind, to enhance the WordPress experience [1][5] - GoDaddy's President of Partners emphasized the company's commitment to the WordPress community, with a total investment of $520,000 to sustain contributions in 2025 and beyond [4] GoDaddy's Open Source Contributions - GoDaddy sponsors several open source projects, including PHP Coding Standards ($12,000 in 2024), PHP Foundation ($24,000 in December 2024), and World Wide Web Consortium ($40,000 in December 2024) [6] - The company supports the WP Accessibility Meetup by sponsoring live captions for monthly meetings [6] - Through the Five for the Future program, GoDaddy sponsors 46 contributors across 17 teams, ranking as the second-largest contributor in terms of people and third in pledged hours per week (255 hours) [6] Enhanced Managed WordPress Hosting Platform - The newly optimized Managed WordPress Hosting platform handles over 80 billion requests per month with more than three petabytes of data, offering up to two times faster performance than competitors [5] - The platform provides advanced security and isolation at every level, along with features like seamless scaling (up to 12 cores), strong isolation (containerized services and nano-segmentation), multi-layer security (hardened containers and immutable code), and real-time observability (per-site dashboards) [5][10] GoDaddy's Broader Business Focus - GoDaddy helps millions of entrepreneurs globally start and scale their businesses by offering services such as domain naming, website building, logo creation, and payment acceptance [8] - The company's AI-powered experience, GoDaddy Airo™, assists small businesses in getting online quickly, driving traffic, and boosting sales [8] - GoDaddy provides 24/7 expert guidance to support its customers [8]
GoDaddy Inc. to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on Thursday, February 13, 2025
Prnewswire· 2025-01-16 14:00
TEMPE, Ariz., Jan. 16, 2025 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) will release financial results for the fourth quarter and fiscal year 2024 on Thursday, February 13, 2025, after the U.S. stock market closes. Following the news release, GoDaddy management will host a live webcast at 5:00 p.m. Eastern Time, which will be available on GoDaddy's Investor Relations website at https://investors.godaddy.net. To participate, please register here. Following the webcast's completion, a recording will be availabl ...
GoDaddy to Settle FTC Charges of ‘Unreasonable Security Practices'
PYMNTS.com· 2025-01-15 21:41
The Federal Trade Commission (FTC) said Wednesday (Jan. 15) that a proposed settlement order will require web hosting company GoDaddy to improve its information security program.The regulator alleged in a complaint that GoDaddy failed to implement “reasonable and appropriate” security measures and that it misled customers about the extent of its data security protections, according to a Wednesday press release.“Millions of companies, particularly small businesses, rely on web hosting providers like GoDaddy ...
GoDaddy Rallies 30% in 3 Months: To Buy or Not to Buy the Stock?
ZACKS· 2024-12-23 19:21
GoDaddy (GDDY) shares have returned 30.2% over the trailing three months, outperforming the broader Zacks Computer & Technology sector’s appreciation of 6.9% and the Zacks Internet - Delivery Services industry’s return of 17.9%.GDDY shares have also outperformed its industry peers, including QuinStreet (QNST) , MakeMyTrip (MMYT) and Asure Software (ASUR) .Over the same timeframe, shares of QuinStreet and MakeMyTrip have gained 8.5% and 2.7%, while Asure Software shares have lost 0.4%.GDDY’s positive share p ...
GoDaddy Inc. Completes Refinancing of Existing Tranche B-6 Term Loans
Prnewswire· 2024-12-16 22:01
TEMPE, Ariz., Dec. 16, 2024 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) announced Go Daddy Operating Company, LLC and GD Finance Co, LLC (each, a subsidiary of GoDaddy Inc. and together, the "Borrowers") closed the previously announced credit agreement refinancing. In connection with the closing, the Borrowers entered into a Twelfth Amendment (the "Twelfth Amendment") to the Second Amended and Restated Credit Agreement, dated as of February 15, 2017 (as amended, restated, supplemented or otherwise modified, r ...
9 in 10 Gen Z and Millennials Impulse Buy on Social Media, GoDaddy Survey Reveals
Prnewswire· 2024-12-12 13:16
Where consumers shop sees stark generational divide across social platformsTEMPE, Ariz., Dec. 12, 2024 /PRNewswire/ -- New survey data by GoDaddy (NYSE: GDDY) found consumers are shopping on social media often, but maybe not the platforms you'd expect.More than 1 in 5 of the 1,500 U.S. consumers surveyed in September make purchases on social media platforms at least weekly, and the top platform was… Facebook, with Millennials leading the charge(s). GoDaddy, a leader in tools and tech for small businesse ...
GoDaddy Inc. Announces Refinancing of Tranche B-6 Loans
Prnewswire· 2024-12-05 22:01
TEMPE, Ariz., Dec. 5, 2024 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) announced Go Daddy Operating Company, LLC and GD Finance Co, LLC (together with Go Daddy Operating Company, LLC, the "Borrowers") allocated a $1,463 million tranche (the "Replacement Term Loans") of term loans maturing in 2029, the proceeds of which will be used to refinance all outstanding Tranche B-6 Term Loans under the Second Amended and Restated Credit Agreement, dated as of February 15, 2017 (as amended, restated, supplemented or oth ...
Why Is GoDaddy (GDDY) Up 18.6% Since Last Earnings Report?
ZACKS· 2024-11-29 17:37
It has been about a month since the last earnings report for GoDaddy (GDDY) . Shares have added about 18.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is GoDaddy due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. GoDaddy's Q3 Earnings Beat Estimates, Revenues Increas ...