GoDaddy marked in analyst focus, NASDAQ shares follow JPMorgan reset

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-28, 12:07.

GoDaddy Inc. (US3802371076) remains in analyst focus after a mid-June price target reset by JPMorgan on the NASDAQ-listed shares. The U.S. web-services provider is now covered with a lower target but unchanged overweight stance according to MarketScreener data.MarketScreener overview for GoDaddy

What JPMorgan changed

On 18 June 2026, JPMorgan adjusted its price target for GoDaddy from 154 dollars to 124 dollars while maintaining an overweight rating on the stock, according to a segment note summarised by MarketScreener.MarketScreener segments report with JPMorgan update The revision trims upside expectations but keeps the bank's positive stance on the NASDAQ-listed name.

The move follows GoDaddy's participation in the Evercore Global TMT Conference on 2 June 2026, where management presented its outlook to institutional investors, as referenced in the same MarketScreener compilation.MarketScreener listing of Evercore Global TMT Conference participation This keeps the stock in the crosshairs of research desks ahead of the next quarterly release.

Consensus picture around GoDaddy

Consensus data compiled on MarketScreener shows GoDaddy trading at 70.36 euros on Xetra as of 25 June 2026, implying a 4.42 percent gain over five days and a 5.84 percent rise since the start of the year in that listing.MarketScreener Xetra quote and performance metrics The stock is classified in the IT services and consulting segment, positioning it among peers such as Wix.com and Squarespace in the broader domain and hosting space.

JPMorgan's overweight stance places it among the more constructive houses on GoDaddy, with the trimmed 124 dollar target still signalling room versus the recent NASDAQ close. The U.S. listing trades under the ticker GDDY, giving investors exposure to recurring revenue from small-business customers globally.

The business behind the stock

GoDaddy generates most of its revenue from domain registrations, website hosting and related small-business services sold through its global online platform. Its portfolio spans basic domain names, shared hosting, managed WordPress plans and professional email, supplemented by marketing tools aimed at entrepreneurs building an online presence.

Where the stock trades today

The GoDaddy shares (US3802371076) last traded on Xetra at 70.36 euros as of 2026-06-25, 18:35, according to MarketScreener data, while the primary NASDAQ listing under ticker GDDY closed at 84.55 dollars on 2026-06-26, 16:00 Eastern Time per TradingKey.TradingKey technical quote for GDDY

Disclaimer: This article is for informational purposes only and does not constitute investment advice or a recommendation to buy or sell securities. All data are based on publicly available sources believed to be reliable at the time of writing.