Wall Street analysts expect GoDaddy (GDDY) to post quarterly earnings of $1.07 per share in its upcoming report, which indicates a year-over-year increase of 69.8%. Revenues are expected to be $1.11 billion, up 6.3% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 0.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior to a co ...

GoDaddy Inc (NYSE:GDDY) stock is trading at all-time highs after joining the S&P 500 Index (SPX) last month, and recently bounced off the $140 level following a late-June breakout. That level is also seven times the equity’s initial public offering (IPO) price and coincides with its 20-day moving average, with shares now behaving in a similar way as they did in April. Short interest increased 50% from February to the first half of June, before a small dip in the second half. Nevertheless, the security has r ...

TEMPE, Ariz., July 8, 2024 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) will release financial results for the second quarter of 2024 on Thursday, August 1, 2024, 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 available on GoDaddy's Inve ...

Leontura Investment Thesis It has been just over two years now since GoDaddy (NYSE:GDDY) underwent a significant transformation to add more value to users and business establishments that are entirely focused on conducting their businesses online. GoDaddy was once synonymous with domain registration and web hosting capabilities. This became extremely crucial because, with almost 21 billion customers using at least one GoDaddy product, market penetration had reached a saturation point and deceleration wa ...

GoDaddy was just added to the S&P 500.Once per quarter, the S&P 500 index undergoes a rebalancing. Essentially, this is a list of requirements companies must meet to be eligible and maintain their status as a member of the S&P 500. The quarterly rebalances ensure that new companies enter the index while replacing businesses that have fallen out of eligibility.One company that was just added to the S&P 500 is website and e-commerce specialist GoDaddy (GDDY -0.38%). Admittedly, I always viewed GoDaddy as some ...

TEMPE, Ariz., June 27, 2024 /PRNewswire/ -- The board of directors of GoDaddy Inc. (NYSE: GDDY) unanimously elected Graham Smith as a new independent director effective June 26, 2024. He will serve as a Class I director until the company's 2025 annual meeting of stockholders, at which time all directors will stand for annual election. Smith will join the board of directors' Audit and Finance Committee."We are pleased to welcome Graham to the GoDaddy board," said Brian Sharples, chair of GoDaddy's board of d ...

ipuwadol/iStock via Getty Images Investment Thesis GoDaddy Inc. (NYSE:GDDY) has a lot going for it. And yet, to say that this is a blemish-free investment would be to misconstrue reality. Ultimately, GoDaddy carries more than $3 billion of net debt, which hinders its ability to in the near-term significantly return capital to shareholders. And yet, the business is undeniably reasonably priced. In a market where few stocks are priced at anything less than 20x forward free cash flows, GDDY is priced at ap ...

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These aren't the usual AI suspects, but AI is providing each company with a business tailwind.I get it -- you hear about developments in artificial intelligence (AI) every day from family, friends, and media publications. And it seems like everyone is making money by investing in the hottest AI stocks. But allow me to encourage you to not succumb to FOMO, the fear of missing out.Fear doesn't help with making decisions, and it can even cloud good judgment (take the people in horror movies who make the wrong ...

GoDaddy (NYSE:GDDY) stock is a hot topic on Monday as investors learn that the company is going to join the S&P 500 later this month.Shares of GDDY stock will join the S&P 500 on June 24, 2024, before the opening of normal trading hours that day. This will better represent the large-cap market space as part of the index’s quarterly rebalance on June 21, 2024.Investors will note that with this change, GoDaddy will leave the S&P MidCap 400. Additionally, it’s being added to the S&P 500 at the same time as KKR ...