These Analysts Raise Their Forecasts On GoDaddy After Q4 Results

Group 1 - GoDaddy Inc. reported weaker-than-expected earnings for Q4, with earnings of $1.36 per share, missing the analyst consensus estimate of $1.43 per share [1] - The company achieved quarterly sales of $1.192 billion, surpassing the analyst consensus estimate of $1.179 billion [1] - GoDaddy's CEO highlighted strong operational execution and financial performance in 2024, with plans to innovate around GoDaddy Airo and enhance their integrated technology platform for 2025 [2] Group 2 - For Q1, GoDaddy anticipates revenue between $1.175 billion and $1.195 billion, compared to estimates of $1.186 billion [2] - Following the earnings announcement, GoDaddy shares increased by 2.4%, closing at $212.54 [3] - Analysts adjusted their price targets for GoDaddy, with Piper Sandler raising it from $176 to $177 and Morgan Stanley from $227 to $228, while maintaining their ratings [4]