GoDaddy Stock - JPMorgan trims price target but stays Overweight
Published on 06/19/2026 at 15:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Edited by ad hoc news Sector & Peer-Group Desk. Verified prior to publication on 06/19/2026, 15:39 CET. Details in the imprint.
GoDaddy (US3802371076) remains on JPMorgan's Overweight list after the bank lowered its price target to $124 from $154 in a June 18 update. The revision comes as the stock trades in the high-$70 range on Nasdaq, according to recent quote data.
All news and analysis on GoDaddy stock
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What JPMorgan changed
On 06/18/2026 JPMorgan maintained its Overweight rating on GoDaddy but cut the 12-month price target by about 19% to $124 from $154, according to a GuruFocus summary of the note. The adjustment reflects a more cautious stance while still signaling upside against the current quote.
GuruFocus cites a current reference price of $76.17 in its valuation framework, implying GoDaddy trades at around a 51.5% discount to its GF Value of $157.22. That model-based view continues to classify the stock as undervalued despite the reduced target.
How the shares have traded this week
GoDaddy shares most recently closed at $77.11, up 1.31% on the day, giving the company a market capitalization near $10.2 billion, according to TradingKey data for the 06/18 session. The stock is trading between technical support around $67.72 and resistance near $90.23.
TradingKey describes the current technical picture as soft, with a combined price momentum score of 7.03 and several moving-average based sell signals. Its indicators flag 0 buy and 3 sell signals overall, including 6 sell readings from short- to long-term moving averages.
The product behind the stock
GoDaddy generates most of its revenue by selling domain registrations, website hosting and related tools to small businesses and independent professionals. The company also offers website builders, e-commerce solutions and digital marketing services through its online platform.
Where the stock trades today
The shares of GoDaddy (US3802371076) trade on Nasdaq at $77.11 as of 06/18/2026, 16:00 ET.
Key facts on GoDaddy stock
- Company: GoDaddy Inc.
- ISIN: US3802371076
- WKN: A117Y5
- Ticker: GDDY
- Venue: Nasdaq
- Price (as of 06/18/2026, 16:00 ET): 77.11 USD
- Market cap: 10.20 billion USD (as of 06/18/2026)
- Sector / Industry: Software & IT Services / Web services
- Index membership: not a member of the S&P 500 or Nasdaq-100
- Next earnings date: not officially scheduled
This article was AI-assisted and editorially reviewed. Price and company data without warranty; prices and dates may change at short notice. No investment advice, no buy or sell recommendation. Trading securities involves risk up to total loss of capital.
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