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 ...

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 ...

Core Insights - A recent survey by GoDaddy reveals a significant generational divide in social media shopping habits, with Millennials predominantly using Facebook for purchases, while Gen Z favors TikTok [1][3][4] Group 1: Shopping Behavior - Over 20% of surveyed U.S. consumers make purchases on social media at least weekly, with Facebook being the most popular platform [1][2] - Millennials are the most active demographic on Facebook, with 52% reporting purchases in the last three months, compared to 31% of Gen Z [3] - Gen Z shows a strong preference for TikTok, with 52% having made purchases in the last three months, while only 12% of Gen X and Boomers did the same [3] Group 2: Impulse Purchases - A majority of Gen Z (62%) and Millennials (56%) make social media purchases at least monthly, with 21% of both groups making several purchases weekly [4] - Only 9% of Gen Z and 12% of Millennials plan their social media purchases ahead of time, indicating a trend towards impulsive buying [4] Group 3: Spending Patterns - The top three categories for social media purchases are fashion and clothing (37%), food (22%), and electronics (10%) [4] - Most Gen Z (44%) and Millennials (38%) prefer not to spend more than $50 on social media purchases [4] Group 4: Barriers to Purchase - Nearly 47% of consumers cite concerns about the legitimacy of businesses as a primary barrier to purchasing from social media [5] - Shipping issues deter nearly half of Gen Z (46%) and Millennials (47%) from making purchases, particularly high costs and long wait times [5] Group 5: Business Presence on Social Media - 67% of Millennials believe small businesses should maintain a presence on Facebook, aligning with their shopping habits [6] - The survey indicates that 61% of Gen Z consumers expect businesses to be on Instagram, while 48% expect them on TikTok [7] Group 6: GoDaddy's Role - GoDaddy provides tools for small businesses to sell products across social media platforms, allowing for direct checkout listings to enhance the shopping experience [8]

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 ...

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 ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

GoDaddy (GDDY) shares have surged 86.4% year to date (YTD), outperforming the broader Zacks Computer & Technology sector’s appreciation of 28.3% and the Zacks Internet - Delivery Services industry’s return of 63.4%.This significant outperformance reflects investors’ confidence in GoDaddy’s growth potential on the back of its innovative product portfolio and back-to-back quarters of strong financial performances.GoDaddy’s Impressive Financial PerformanceGDDY has a long history of reporting strong quarterly p ...

New GoDaddy survey shows 80% of young shoppers research businesses before buyingTEMPE, Ariz., Nov. 21, 2024 /PRNewswire/ -- Maintaining an online presence is important to small businesses, but is it necessary? According to new data from GoDaddy (NYSE:GDDY), if a business's target audience is Gen Z or Millennials, not having one could seriously impact their bottom line.  A majority (80%) of 1,000 Gen Z and Millennial U.S. consumers surveyed in September shared they research small businesses online before sho ...

Resilience Powers Microbusinesses Microbusiness owners are placing greater confidence in themselves. They are less swayed by uncertainty in the economy. Only 39% say they are confident in the national economy. But 74% are optimistic about their business prospects in the next six months. Even among those pessimistic about the economy, one in four plans to hire within a year. Entrepreneurs are making decisions based on business needs rather than on the economy.Microbusinesses, Macro ImpactMicrobusinesses are ...

TEMPE, Ariz., Nov. 20, 2024 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) Chief Financial Officer Mark McCaffrey will present at the UBS Global Technology Conference in Scottsdale, Arizona on Wednesday, Dec. 4, 2024 at 10:15 a.m. ET / 7:15 a.m. PT as well as the Barclays Global Technology Conference in San Francisco, California on Thursday, Dec. 12, 2024 at 11:40 a.m. ET / 8:40 a.m. PT.Live audio webcasts and post-presentation audio replays of these events will be available on GoDaddy's investor relations websi ...