GoDaddy Announces $250 Million Accelerated Share Repurchase Plan

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Godaddy stock

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine Forex the monthly return. The monthly returns are then compounded to arrive at the annual return.

GoDaddy (GDDY) Reports Next Week: What Awaits?

Each plan can help you reach different goals and offers a unique combination of financial accounts and features. All plans include access to a personal brokerage account—also known as your personal investment account. You can use your Stash personal portfolio to purchase any of the available investments on our platform, as well as access our suite of automatic saving and investing tools. On average, Wall Street analysts predict that Godaddy’s share price could reach $97.00 by Nov 11, 2023. The average price prediction forecasts a potential upside of 23.14% from the current GDDY share price of $78.77. Shares of GoDaddy Inc. bounced 1.6% in premarket trading Thursday, after the web hosting and domain-name registration company announced a $250 million accelerated stock repurchase agreement with Goldman Sachs.

Godaddy stock

ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. On average, 7 Wall Street analysts forecast GDDY’s revenue for 2023 to be $693,818,928,438, with the lowest GDDY revenue forecast at $680,614,438,590, and the highest GDDY revenue forecast at $704,922,086,012. On average, 7 Wall Street analysts forecast GDDY’s earnings for GDDY stock price today 2023 to be $447,488,683, with the lowest GDDY earnings forecast at $366,692,115, and the highest GDDY earnings forecast at $478,564,286. I would take this risk/reward short setup every day of the week, and twice on Thursdays. Day trade for Tuesday June 15.Technology sector has had a week of strong relative performance. Momentum indicators in full swing, 1 hour charts show bullish candlesticks until close with increasing volume.

Account

GoDaddy Inc. engages in the design and development of cloud-based technology products in the United States and internationally. The company https://dotbig.com/ provides domain name registration product that enables to engage customers at the initial stage of establishing a digital identity.

  • 6 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for GoDaddy in the last year.
  • †Stash offers access to investment and banking accounts under each subscription plan.
  • You can continue to build your portfolio by buying more stocks and funds—there are hundreds of options on Stash.
  • In the past three months, GoDaddy insiders have sold more of their company’s stock than they have bought.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. GoDaddy is a provider of domain registration and aftermarket services, website hosting, security, design, and business productivity tools, commerce solutions, and domain registry services. The company primarily targets micro- to small businesses, website design professionals, registrar peers, and domain investors.

Once you’ve finished your account, your GoDaddy Inc shares will be added to your new portfolio. Certain companies can be volatile, meaning the stock price fluctuates significantly. Don’t put all your eggs into one basket and remember to keep the dotbig Stash Way in mind when you invest. This is how much an investment’s price has changed over the last day of active trading. For example, if an investment’s price was $10 yesterday, and today it rose to $11, you’d see a 1 day change of 10%.

Price and EPS Surprise Chart

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GoDaddy Inc (A)

The company serves small businesses, individuals, organizations, developers, designers, and domain https://dotbig.com/ investors. GoDaddy Inc. was incorporated in 2014 and is headquartered in Tempe, Arizona.

Total Returns Comparison

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Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Information is provided ‘as-is’ and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data. The PEAD projected a Bearish outlook for $GDDY after a Negative Under reaction following its GDDY stock earnings release placing the stock in drift D with an expected accuracy of 50%. The PEAD projected a Bullish outlook for $GDDY after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 80%. One share of GDDY stock can currently be purchased for approximately $78.77. 215 employees have rated GoDaddy Chief Executive Officer Aman Bhutani on Glassdoor.com.