GoDaddy Stock Plummets 16% After Disappointing Earnings and Soft Guidance
GoDaddy (GDDY) shares suffered their worst single-day decline since March 2020, plunging 16% to $77.34 after reporting weaker-than-expected bookings and issuing cautious 2026 revenue guidance. While Q4 EPS of $1.80 beat estimates, the $1.28B bookings figure missed projections, and the company's Applications & Commerce segment showed slowing growth.
The stock's 26% year-to-date decline contrasts sharply with the broader market's modest gains. Analysts reacted swiftly, with RBC and JPMorgan slashing price targets amid concerns about GoDaddy's new promotional pricing strategy and its impact on future performance.