GoDaddy Inc. stock holds near 100 dollars as class action lawsuits highlight bookings slowdown
Published on 09/02/2026 at 21:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
GoDaddy Inc. (US3802371076) stock is trading close to 100 dollars as of September 2, 2026, after opening at 100.37 dollars and changing hands around 100.28 dollars on the New York Stock Exchange, while a recent close stood at 100.55 dollars, according to market data.
Class actions focus on bookings slowdown
On September 2, 2026, multiple law firms announced securities class action lawsuits against GoDaddy Inc. alleging that investors were misled about the impact of promotional discounts and bookings trends in late 2025, as described in a legal notice from Kaplan Fox.
The complaints point to GoDaddy's disclosure on February 24, 2026 that total bookings growth in the fourth quarter of 2025 had slowed to 5 percent, down from 9 percent in the previous quarter and below analyst expectations of 7 percent, as summarized in a Pomerantz announcement.
Earlier 14 percent drop underpins investor claims
According to a summary from Levi Korsinsky dated September 2, 2026, GoDaddy stock closed at 92.30 dollars on February 24, 2026 and then fell to 79.12 dollars in the following session, a decline of 13.18 dollars or more than 14 percent after the company reported the slower bookings growth and disclosed a 4.99 dollar one year dotcom domain promotion that reduced upfront bookings and average order size.
Further class action materials note that full year 2025 total bookings growth was 7 percent compared with a previously stated expectation of approximately 8 percent, reinforcing the plaintiffs' claim that the slowdown was both material and unexpected for investors monitoring GoDaddy Inc.'s growth trajectory.
Recent earnings beat and valuation metrics
While the lawsuits refer to past disclosures, GoDaddy Inc.'s most recent interim figures show continued growth. In its second quarter of 2026, the company reported revenue of 1.3 billion dollars compared with market expectations of 1.29 billion dollars, while adjusted earnings per share reached 1.83 dollars versus a forecast of 1.69 dollars, according to a report by Investing.com.
An analysis of hosting and cloud valuations published on September 1, 2026 notes that GoDaddy Inc. generated 5.1 billion dollars of trailing revenue and about 914 million dollars of operating cash flow over six months, implying an enterprise value of around 15.0 billion dollars and suggesting that the market was paying about 2.94 dollars for each dollar of revenue at that time, as outlined in a Webhosting Today article.
Based on data compiled by a financial portal on September 2, 2026, GoDaddy Inc. stock trades around 100.51 dollars with a consensus analyst rating of Hold and an average price target of 110.07 dollars, meaning the implied upside from the current level is close to 9.5 percent if these targets are met, as reported by MarketBeat.
Insider selling and shareholder focus
In late August and early September 2026, director Leah Sweet sold a total of 650 GoDaddy Inc. shares in two tranches, with 325 shares sold on August 28, 2026 at 97.37 dollars per share and another 325 shares sold on September 1, 2026 at 97.44 dollars per share, for combined proceeds of approximately 63,313 dollars, according to the insider trading disclosure summarized by Investing.com.
The same report notes that after these sales, the director directly held 13,689 shares of GoDaddy Inc. Class A common stock and that the company was trading at 100.55 dollars at that time, corresponding to a price to earnings ratio of 15.06 based on the portal's calculations.
Product and services snapshot
GoDaddy Inc. generates revenue by providing domain registration, website hosting and related services to small businesses and individual customers worldwide, using its platform to sell domain names, website builders, hosting, email and security products that are often bundled and discounted, such as the 4.99 dollar one year dotcom promotion referenced in the class action materials.
GoDaddy Inc. stock and trading context
As of September 2, 2026, GoDaddy Inc. stock is listed on the New York Stock Exchange under the ticker GDDY and was quoted around 100.28 dollars intraday with a prior close of 100.55 dollars in United States dollars, while the stock's recent decline of 14.28 percent on February 25, 2026 from 92.30 dollars to 79.12 dollars remains a key reference point for investors evaluating the current legal proceedings and volatility.
GoDaddy Inc. at a glance
- Company: GoDaddy Inc.
- ISIN: US3802371076
- Ticker: GDDY
- Trading venue: NYSE
- Price (as of September 2, 2026): 100.28 USD
- Sector / Industry: Software / Internet services
- Index membership: S&P 500
