RBC Capital analyst Mark Mahaney maintained a Buy rating on GoDaddy (NYSE:GDDY) on Sunday, setting a price target of $93, which is approximately 32.33% above the present share price of $70.28.
Mahaney expects GoDaddy to post earnings per share (EPS) of $0.25 for the third quarter of 2020.
The current consensus among 11 TipRanks analysts is for a Strong Buy rating of shares in GoDaddy, with an average price target of $86.18.
The analysts price targets range from a high of $93 to a low of $80.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $792 million and a net profit of $64.4 million. The company's market cap is $11.69 billion.
According to TipRanks.com, RBC Capital analyst Mark Mahaney is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 23.5% and a 63.13% success rate.
GoDaddy, Inc. engages in the provision of domain name registration and web hosting services. It provides website building, hosting, and security tools. The company was founded by Robert R. Parsons (NYSE:PSN) on January 1997 and is headquartered in Scottsdale, AZ.