GoDaddy stock draws takeover interest as Baird sets USD 120.00 target

Published on 09/30/2026 at 14:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GoDaddy stock posted Q2 revenue of USD 1.30 billion, up 6.60 percent year over year. Its market capitalization was USD 12.4 billion on September 29, 2026.

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GoDaddy Inc. (US3802371076) stock was trading at EUR 83.41 at Lang & Schwarz on September 30, 2026, up 0.26 percent versus the prior close of EUR 83.19. As Yahoo Finance reported on September 27, 2026, Gen Digital made a preliminary approach for GoDaddy, adding a strategic angle to the stock story.

Takeover interest meets valuation

The reported approach concerns a near-peer combination rather than a signed transaction. The market capitalization of GoDaddy was USD 12.4 billion on September 29, 2026, while the stock's 52-week range stood at USD 71.59 to USD 141.32.

That valuation gives the takeover report immediate relevance, but the investment case still rests on GoDaddy's operating performance. The company serves entrepreneurs and small businesses through domains, hosting, website tools, commerce products and related services.

Q2 revenue grows 6.60 percent

For Q2 2026, GoDaddy reported revenue of USD 1.30 billion, up 6.60 percent from the prior-year quarter. Adjusted EPS reached USD 1.83 against a USD 1.69 consensus estimate, a USD 0.14 per-share comparison that supports the earnings side of the story, according to MarketBeat on September 25, 2026.

The quarter therefore combines 6.60 percent top-line growth with adjusted EPS above consensus. For investors, the key question is whether GoDaddy's AI product expansion can sustain that earnings profile as competition in website creation intensifies.

Baird raises target to USD 120.00

Robert W. Baird raised its GoDaddy price target from USD 110.00 to USD 120.00 on September 25, 2026, while maintaining an Outperform rating, MarketBeat reported. The move contrasts with the broader mixed analyst picture and places more weight on execution than on takeover speculation alone.

GoDaddy stock trades at EUR 83.41

GoDaddy stock was trading at EUR 83.41 at Lang & Schwarz on September 30, 2026 at 2:41 p.m. CEST, up 0.26 percent versus the Lang & Schwarz prior close of EUR 83.19 on September 29, 2026. The modest intraday change leaves the takeover report, Q2 growth and the USD 120.00 target as the main reference points for the stock.