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GDDY
Benzinga
186 days

These Analysts Raise Their Forecasts On GoDaddy After Q4 Results

1. GDDY reported Q4 earnings of $1.36, below $1.43 estimate. 2. Quarterly sales of $1.192 billion beat $1.179 billion estimate. 3. GoDaddy projects Q1 revenue between $1.175 billion and $1.195 billion. 4. Piper Sandler maintained ‘Neutral’ rating; target raised to $177. 5. Morgan Stanley kept ‘Equal-Weight’; target increased to $228.

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FAQ

Why Bearish?

The earnings miss reflects ongoing challenges in achieving analyst expectations, reminiscent of previous earnings trends impacting GDDY's stock price.

How important is it?

Earnings reports are critical for stock evaluation; the miss might impact investor confidence.

Why Short Term?

Immediate market reactions to earnings suggest a short-term adjustment period for GDDY.

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