GoDaddy Inc. hits a 52-week low amid market weakness
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 02 Jan 26
Source: Coinmarketcap
GoDaddy Inc. experienced a price decline of 3.45%, hitting a 52-week low during regular trading hours.
This drop is attributed to broad market weakness, with the Nasdaq-100 down 0.48% and the S&P 500 down 0.13%. The stock's performance reflects a sector rotation as investors react to the overall market conditions.
The implications of this decline suggest that GoDaddy Inc. may face continued pressure unless there are significant changes in market sentiment or company-specific developments.
Analyst Views on GDDY
Wall Street analysts forecast GDDY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GDDY is 166.38 USD with a low forecast of 85.00 USD and a high forecast of 240.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
8 Buy
8 Hold
0 Sell
Moderate Buy
Current: 103.350
Low
85.00
Averages
166.38
High
240.00
Current: 103.350
Low
85.00
Averages
166.38
High
240.00
About GDDY
GoDaddy Inc. is engaged in serving a market of entrepreneurs, developing and delivering easy-to-use products in a one-stop shop solution alongside personalized guidance. The Company serves small businesses, individuals, organizations, developers, designers and domain investors. The Company's segments include Applications and Commerce (A&C) and Core Platform (Core). The A&C segment primarily consists of sales of products containing proprietary software, notably its Website building products, as well as its commerce products and third-party email and productivity solutions and sales of certain products when they are included in bundled offerings of its proprietary software products. The Core segment primarily consists of sales of domain registrations and renewals, aftermarket domain sales, Website hosting products and Website security products when not included in bundled offerings of its proprietary software products, as well as sales of products not containing a software component.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
