GoDaddy Inc. (NYSE:GDDY) is a well-known company that provides domain registration and web hosting services. It is a key player in the internet services industry, competing with companies like Wix and Squarespace. On August 8, 2025, Clarke Jeffries from Piper Sandler set a price target of $182 for GDDY, suggesting a potential upside of 21.13% from its current trading price of $150.25.
The day before this announcement, GoDaddy held its Q2 2025 earnings conference call. Key figures such as CEO Amanpal Singh Bhutani and CFO Mark McCaffrey participated, along with several analysts from major firms. Although specific details from the call are not provided, it likely covered GoDaddy's financial performance and strategic plans.
Currently, GDDY's stock is priced at $150.25, reflecting a decrease of 2.95% or -$4.57. The stock has shown volatility, with a daily range between $146.81 and $155.59. Over the past year, it has fluctuated significantly, reaching a high of $216 and a low of $146.81.
GoDaddy's market capitalization is approximately $21.4 billion, indicating its substantial size in the market. The trading volume for the day is 4,041,564 shares on the NYSE, showing active investor interest. Despite recent fluctuations, the price target set by Piper Sandler suggests optimism for future growth.