In a recent assessment, Morgan Stanley has adjusted its price target for GoDaddy (GDDY, Financial) from $228 to $206. Despite this revision, the firm maintains an Equal Weight rating on the stock.
The adjustment reflects Morgan Stanley's broader strategy of evaluating risk and reward across the software sector, particularly in light of tariff-related uncertainties and existing market valuations. This recalibration is part of a proactive approach to navigate potential risks that may impact software companies.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 16 analysts, the average target price for GoDaddy Inc (GDDY, Financial) is $220.35 with a high estimate of $275.00 and a low estimate of $153.54. The average target implies an upside of 27.18% from the current price of $173.25. More detailed estimate data can be found on the GoDaddy Inc (GDDY) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, GoDaddy Inc's (GDDY, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for GoDaddy Inc (GDDY, Financial) in one year is $117.85, suggesting a downside of 31.98% from the current price of $173.25. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the GoDaddy Inc (GDDY) Summary page.
