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 ...

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'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]

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 ...

Core Points - The Federal Trade Commission (FTC) has proposed a settlement order requiring GoDaddy to enhance its information security program due to alleged failures in implementing adequate security measures and misleading customers about data protection [1][3][4] - GoDaddy has stated that it invests significant resources in data protection and has already begun implementing some requirements from the settlement agreement with the FTC [2][3] - The FTC's actions aim to ensure that web hosting companies like GoDaddy improve their security systems to protect consumers globally [2] Company-Specific Summary - GoDaddy is required to implement a comprehensive information security program and will be subject to independent third-party assessments to review its security measures [4] - The proposed settlement does not include any admission of fault or monetary penalties for GoDaddy, and the company expects minimal financial impact from compliance [3] - GoDaddy's alleged "unreasonable security practices" led to security breaches that exposed customer data and websites to unauthorized access [3] Industry Context - The FTC has previously taken similar actions against other companies, such as Marriott International, which was required to implement a comprehensive information security program following data breaches affecting over 344 million customers [5][6] - The FTC's focus on enhancing security measures across web hosting providers highlights the increasing importance of data protection for small businesses and their customers [2]

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 ...