The quarterly results for GoDaddy Inc. (NYSE:GDDY) were released last week, making it a good time to revisit its performance. GoDaddy reported US$1.1b in revenue, roughly in line with analyst forecasts, although statutory earnings per share (EPS) of US$1.32 beat expectations, being 6.4% higher than what the analysts expected. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
See our latest analysis for GoDaddy
Taking into account the latest results, the consensus forecast from GoDaddy's 18 analysts is for revenues of US$4.90b in 2025. This reflects a decent 9.3% improvement in revenue compared to the last 12 months. Statutory earnings per share are forecast to crater 50% to US$6.64 in the same period. In the lead-up to this report, the analysts had been modelling revenues of US$4.89b and earnings per share (EPS) of US$6.58 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
With the analysts reconfirming their revenue and earnings forecasts, it's surprising to see that the price target rose 6.3% to US$180. It looks as though they previously had some doubts over whether the business would live up to their expectations. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values GoDaddy at US$200 per share, while the most bearish prices it at US$135. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of GoDaddy'shistorical trends, as the 7.4% annualised revenue growth to the end of 2025 is roughly in line with the 8.5% annual growth over the past five years. Compare this with the broader industry (in aggregate), which analyst estimates suggest will see revenues grow 9.1% annually. So it's pretty clear that GoDaddy is expected to grow slower than similar companies in the same industry.
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that GoDaddy's revenue is expected to perform worse than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple GoDaddy analysts - going out to 2026, and you can see them free on our platform here.
Even so, be aware that GoDaddy is showing 4 warning signs in our investment analysis , and 2 of those can't be ignored...
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