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These Analysts Raise Their Forecasts On GoDaddy After Q4 Results
GDDYGoDaddy(GDDY) Benzinga·2025-02-14 14:28

Group 1 - GoDaddy Inc. reported weaker-than-expected earnings for Q4, with earnings of 1.36pershare,missingtheanalystconsensusestimateof1.36 per share, missing the analyst consensus estimate of 1.43 per share [1] - The company achieved quarterly sales of 1.192billion,surpassingtheanalystconsensusestimateof1.192 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 1.175billionand1.175 billion and 1.195 billion, compared to estimates of 1.186billion[2]Followingtheearningsannouncement,GoDaddysharesincreasedby2.41.186 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 176to176 to 177 and Morgan Stanley from 227to227 to 228, while maintaining their ratings [4]