BUZZ-GoDaddy stock tumbles on weak annual revenue forecast

Reuters

Yesterday

** Shares of internet services provider GoDaddy GDDY.N slump 9% to $83.99 premarket

** Co on Tuesday forecast annual revenue below Wall Street expectations, pointing to slower uptake of its artificial‑intelligence tools and softer customer growth

** RBC Capital Markets says "Given traditionally high visibility, we're giving the company a chance to execute on this re-acceleration for now but concede multiple compression could still continue in the near term owed to the AI skepticism"

** Co forecast annual revenue between $5.20 bln and $5.28 bln, below analysts' average estimate of $5.29 bln

** Co reported Q4 quarterly profit of $1.80/shr, up from $1.36 a year ago

** 11 of 18 brokerages rate the stock "buy" or higher, 7 "hold"; their median PT is $147.5 - data compiled by LSEG

** As of last close, stock down 25.57% in 2026

(Reporting by Kanishka Ajmera in Bengaluru)

((mail to: Kanishka.Ajmera@thomsonreuters.com))

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their median PT is $147.5 - data compiled by LSEG** As of last close, stock down 25.57% in 2026 (Reporting by Kanishka Ajmera in Bengaluru) ((mail to: Kanishka.Ajmera@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}