GoDaddy Inc. Q1 Earnings Report Scheduled
GoDaddy Inc. is set to release its Q1 earnings report, which may have a significant impact on the company’s stock price.
Recent Analyst Action
Benchmark has reduced its price target for GoDaddy to $250 while maintaining a buy rating. This adjustment suggests that the company’s stock is expected to continue growing, but at a slower pace.
Upcoming Earnings Report
The Q1 earnings report will be crucial in determining GoDaddy’s future prospects. The report will provide insight into the company’s financial performance and operational efficiency.
Industry Developments
A new digital transaction facilitator for real estate, Anyone.com, has launched in the US and several other international markets. This development may pose a threat to GoDaddy’s business in the long run.
Key Dates
- GoDaddy Inc. Q1 earnings report release date: [TBA]
- Benchmark’s price target for GoDaddy: $250