Godaddy (GDDY) Stock News

A new GoDaddy (GDDY) Consumer Pulse survey reveals significant generational shifts in shopping preferences. The study of 1,500 U.S. consumers shows that 54% of Gen Z and 50% of Millennials prefer shopping methods that avoid human interaction, contrasting with only 29% of Gen X and Boomers. Key findings include: 86% of Gen Z and 76% of Millennials use curbside pickup monthly; over 40% of younger generations use Buy Now, Pay Later services; and more than half of Gen Z (54%) have abandoned purchases when digital wallets weren't accepted. The survey also found that 56% of consumers prefer using phones for large purchases over $150, and 51% report anxiety using POS devices. GoDaddy emphasizes that small businesses must adapt to these trends by implementing online stores and modern payment solutions.

According to new research from GoDaddy (GDDY), small business owners remain resilient despite economic uncertainty. The survey of 2,100 U.S. microbusiness owners reveals that while 49% expect a weaker economy in the next six months (up 17 points from 2024), 66% still anticipate revenue growth, with only 9% forecasting decline. Key findings show evolving business strategies, with 40% of entrepreneurs now planning to remain solo operators (up from 36% last year). Cost pressures are significant, with 52% citing limited cash flow as their main financial barrier, while 34% struggle with existing expenses. Construction, Home Trades, and Creative-Media businesses face the strongest pricing pressures. Notably, access to capital concerns have decreased, with only 8% naming it their top challenge, down from 10% previously.

GoDaddy Inc. (NYSE: GDDY) has announced that Chief Financial Officer Mark McCaffrey will be presenting at the 53rd Annual J.P. Morgan Global Technology, Media and Communications Conference. The presentation is scheduled for Tuesday, May 13, 2025, at 10:10 a.m. ET / 7:10 a.m. PT in Boston, Massachusetts. Investors and interested parties can access a live audio webcast and post-presentation replay through GoDaddy's investor relations website.

GoDaddy (NYSE: GDDY) reported strong Q1 2025 financial results with total revenue of $1.2 billion, up 8% year-over-year. The company's Applications & Commerce revenue grew 17% to $446.4 million, while Core Platform revenue increased 3% to $747.9 million. Operating income rose 40.6% to $247.3 million. Net income was $219.5 million, including a $34.6 million tax benefit. GoDaddy completed its 2022 share repurchase program, retiring over 25% of fully diluted shares, and announced a new $3 billion share repurchase authorization through 2027. The company reaffirmed its 2025 guidance, expecting full-year revenue between $4.86-4.94 billion and free cash flow of at least $1.5 billion. GoDaddy also expanded its Airo® product line and launched GoDaddy Agency, a new partner program for digital agencies.

GoDaddy (NYSE: GDDY) has launched GoDaddy Agency, a new partner program connecting digital agencies with small and mid-sized business leads. The program offers agencies exclusive access to GoDaddy's extensive customer base and comprehensive tools.

Key features include:

• Up to 20% commission on new client purchases through referral links
• Client matching based on agency strengths and goals
• Access to premium WordPress tools and expert support
• Co-branded marketing campaigns for top performers
• Dedicated Agency Success Manager support

According to a Promethean Research study, 68% of agencies focus on expanding service offerings, and 67% consider referrals important for growth. The program aims to address these needs by providing qualified leads from GoDaddy's existing customer base, particularly those who have shown interest through their Web Design Services team.

GoDaddy (NYSE: GDDY) has scheduled the release of its first quarter 2025 financial results for Thursday, May 1, 2025, after the U.S. stock market closes. The company will host a live webcast at 5:00 p.m. Eastern Time to discuss the results. Investors and interested parties can access the webcast through GoDaddy's Investor Relations website, with registration required for participation. A recording of the webcast will be made available on the company's Investor Relations website following the event.

GoDaddy (NYSE: GDDY) released a Consumer Pulse survey revealing important insights about domain names' impact on consumer behavior. The survey of 1,500 U.S. consumers shows that 80% avoid websites with oddly spelled domain names, with higher percentages among younger generations (85% Gen Z, 82% Millennials).

Key findings show that 71% of consumers expect businesses to have dedicated websites. Preferred domain characteristics include correctly spelled words (43%), short domains of two words or less (40%), and easy pronunciation (38%). Major red flags include misspelled words (56%) and domains not matching business names (55%).

The study reveals generational differences in domain perception, with younger consumers being more critical of domain names. 39% of Gen Z and 35% of Millennials reported stopping shopping at companies due to their domain names, compared to 15% of Gen X and Boomers.

GoDaddy (NYSE: GDDY) has announced its participation in the upcoming Morgan Stanley Technology, Media & Telecom Conference in San Francisco. CEO Aman Bhutani and CFO Mark McCaffrey will deliver a presentation on March 3, 2025, at 12:15 p.m. ET / 9:15 a.m. PT.

The company will provide live audio webcasts of the presentation, with post-presentation audio replays being made available on GoDaddy's investor relations website at investors.godaddy.net.

GoDaddy has revealed groundbreaking research showing that AI is driving job creation through small businesses. According to their study with UCLA Anderson Forecast, for every website published using GoDaddy Airo™, 20 jobs were created per county, with rural areas seeing 4.2 jobs and urban counties experiencing 22 jobs.

The research demonstrates significant business impacts: businesses using Airo with an Online Store generated up to 43% more sales and attracted 21% more traffic when adding a logo. Microbusiness website activity reached an all-time high in 2024, with engagement growing 13% from January to September. Among small business owners using AI tools, 72% reported increased productivity, and 61% reported higher revenues in the last six months.