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Godaddy Inc (NYSE:GDDY)’s stock has reached a 52-week low, hitting a price of 148.55 USD. According to InvestingPro analysis, the stock appears undervalued at current levels, with technical indicators suggesting oversold conditions. This development marks a significant downturn for the company, with a particularly sharp 26.76% decline over the past six months. Despite these challenges, InvestingPro data shows management actively buying back shares, and the company maintains strong profitability with a 64% gross margin. Investors are closely monitoring how Godaddy navigates these hurdles as it seeks to stabilize and potentially rebound from this low point. For deeper insights into GoDaddy’s financial health and growth prospects, InvestingPro offers 13 additional exclusive tips and a comprehensive Pro Research Report, helping investors make more informed decisions during this crucial period.
In other recent news, GoDaddy Inc has been the focus of several analyst reports. Benchmark maintained its Buy rating with a $250 price target, emphasizing the potential benefits from the company’s shift toward Applications & Commerce. The firm noted that its revenue and adjusted EBITDA estimates align with consensus, but sees growth catalysts that might be overlooked by the market. Citi also reiterated its Buy rating, setting a $234 price target, and acknowledged concerns about customer metrics and A&C bookings. However, Citi views these issues as opportunities, expecting GoDaddy to meet or exceed earnings expectations with potential for margin outperformance. Additionally, RBC Capital kept its outperform rating with a $225 price target after meetings with GoDaddy’s CFO and VP of Investor Relations. RBC highlighted the company’s strong free cash flow outlook, with management confident in surpassing $1.5 billion for 2025. These recent developments provide investors with insights into GoDaddy’s financial prospects and strategic direction.
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