Godaddy Stock Price Prediction

GDDY Stock  USD 137.53  0.65  0.47%   
The relative strength indicator of Godaddy's the stock price is slightly above 68. This usually indicates that the stock is rather overbought by investors at this time. The main point of the Relative Strength Index (RSI) is to track how fast people are buying or selling Godaddy, making its price go up or down.

Oversold Vs Overbought

68

 
Oversold
 
Overbought
The successful prediction of Godaddy's future price could yield a significant profit. We analyze noise-free headlines and recent hype associated with Godaddy, which may create opportunities for some arbitrage if properly timed. Below are the key fundamental drivers impacting Godaddy's stock price prediction:
Quarterly Earnings Growth
8.2
EPS Estimate Next Quarter
1.09
EPS Estimate Current Year
6.36
EPS Estimate Next Year
6.25
Wall Street Target Price
145.43
Using Godaddy hype-based prediction, you can estimate the value of Godaddy from the perspective of Godaddy response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Godaddy using Godaddy's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Godaddy using crowd psychology based on the activity and movement of Godaddy's stock price.

Godaddy Short Interest

An investor who is long Godaddy may also wish to track short interest. As short interest increases, investors should be becoming more worried about Godaddy and may potentially protect profits, hedge Godaddy with its derivative instruments, or be ready for some potential downside.
200 Day MA
105.2087
Short Percent
0.0274
Short Ratio
2.4
Shares Short Prior Month
2.5 M
50 Day MA
131.1564

Godaddy Hype to Price Pattern

Investor biases related to Godaddy's public news can be used to forecast risks associated with an investment in Godaddy. The trend in average sentiment can be used to explain how an investor holding Godaddy can time the market purely based on public headlines and social activities around Godaddy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Godaddy's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Godaddy.

Godaddy Implied Volatility

    
  24.47  
Godaddy's implied volatility exposes the market's sentiment of Godaddy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Godaddy's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Godaddy stock will not fluctuate a lot when Godaddy's options are near their expiration.
The fear of missing out, i.e., FOMO, can cause potential investors in Godaddy to buy its stock at a price that has no basis in reality. In that case, they are not buying Godaddy because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Godaddy after-hype prediction price

    
  USD 137.9  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.

Prediction based on Rule 16 of the current Godaddy contract

Based on the Rule 16, the options market is currently suggesting that Godaddy will have an average daily up or down price movement of about 1.53% per day over the life of the 2024-06-21 option contract. With Godaddy trading at USD 137.53, that is roughly USD 2.1 . If you think that the market is fully incorporating Godaddy's daily price movement you should consider acquiring Godaddy options at the current volatility level of 24.47%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Check out Godaddy Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Godaddy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Intrinsic
Valuation
LowRealHigh
124.14125.38152.00
Details
Naive
Forecast
LowNextHigh
136.08137.32138.56
Details
18 Analysts
Consensus
LowTargetHigh
84.0892.40102.56
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.841.071.24
Details

Godaddy After-Hype Price Prediction Density Analysis

As far as predicting the price of Godaddy at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Godaddy or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Godaddy, with the unreliable approximations that try to describe financial returns.
   Next price density   
       Expected price to next headline  

Godaddy Estimiated After-Hype Price Volatility

In the context of predicting Godaddy's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Godaddy's historical news coverage. Godaddy's after-hype downside and upside margins for the prediction period are 136.66 and 139.14, respectively. We have considered Godaddy's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
137.53
136.66
Downside
137.90
After-hype Price
139.14
Upside
Godaddy is very steady at this time. Analysis and calculation of next after-hype price of Godaddy is based on 3 months time horizon.

Godaddy Stock Price Prediction Analysis

Have you ever been surprised when a price of a Company such as Godaddy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Godaddy backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Godaddy, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.23 
1.24
  0.27 
  0.04 
9 Events / Month
3 Events / Month
In about 9 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
137.53
137.90
0.20 
105.08  
Notes

Godaddy Hype Timeline

Godaddy is currently traded for 137.53. The entity has historical hype elasticity of -0.27, and average elasticity to hype of competition of -0.04. Godaddy is forecasted to decline in value after the next headline, with the price expected to drop to 137.9. The average volatility of media hype impact on the company price is about 105.08%. The price decrease on the next news is expected to be -0.2%, whereas the daily expected return is currently at 0.23%. The volatility of related hype on Godaddy is about 729.41%, with the expected price after the next announcement by competition of 137.49. About 98.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 1.1. Godaddy recorded earning per share (EPS) of 11.54. The entity had not issued any dividends in recent years. Given the investment horizon of 90 days the next forecasted press release will be in about 9 days.
Check out Godaddy Basic Forecasting Models to cross-verify your projections.
For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide.

Godaddy Related Hype Analysis

Having access to credible news sources related to Godaddy's direct competition is more important than ever and may enhance your ability to predict Godaddy's future price movements. Getting to know how Godaddy's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Godaddy may potentially react to the hype associated with one of its peers.

Godaddy Additional Predictive Modules

Most predictive techniques to examine Godaddy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Godaddy using various technical indicators. When you analyze Godaddy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Godaddy Predictive Indicators

The successful prediction of Godaddy stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Godaddy, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Godaddy based on analysis of Godaddy hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Godaddy's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Godaddy's related companies.
 2023 2024 (projected)
Dividend Yield0.0078730.007479
Price To Sales Ratio3.712.28

Story Coverage note for Godaddy

The number of cover stories for Godaddy depends on current market conditions and Godaddy's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Godaddy is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Godaddy's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Godaddy Short Properties

Godaddy's future price predictability will typically decrease when Godaddy's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Godaddy often depends not only on the future outlook of the potential Godaddy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Godaddy's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding151.5 M
Cash And Short Term Investments498.8 M

Additional Tools for Godaddy Stock Analysis

When running Godaddy's price analysis, check to measure Godaddy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.