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Yahoo
02-05-2025
- Business
- Yahoo
GoDaddy (NYSE:GDDY) Updates Guidance after First Quarter Revenue Hits US$1,194 Million
GoDaddy saw a 6.62% price increase last week, which aligns with broader market trends driven by positive economic indicators such as a strong jobs report and optimism from potential U.S.-China trade talks. The company's reaffirmation of its earnings guidance for 2025, despite the recent decline in net income and earnings per share, likely supported investor confidence. Meanwhile, the general market environment remained bullish with the S&P 500 on its longest winning streak since 2004, and technology stocks continued to perform well. These factors collectively added weight to the upward momentum in GoDaddy's stock performance. Every company has risks, and we've spotted 3 weaknesses for GoDaddy you should know about. Explore 21 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research. The recent developments, including GoDaddy's stock price increase and the reaffirmation of its earnings guidance, could bolster confidence in its strategic initiatives to enhance customer engagement and drive growth. Over the past five years, GoDaddy's total shareholder return, including dividends, reached 163.36%, emphasizing long-term growth. In the past year, GoDaddy outpaced the US IT industry and market in terms of returns, demonstrating resilience against industry averages. These price movements, coupled with the company's initiatives, provide context about its trajectory towards a fair value price target of US$211.86, 11.0% above its current price. The company's focus on redesigning Managed WordPress and introducing Airo are expected to stimulate customer engagement and potentially improve revenue and earnings. Cost-saving measures and commerce initiatives might positively affect margins and transaction volumes, aligning with the outlined earnings and revenue forecasts. Analysts predict substantial growth in earnings to US$1.3 billion by April 2028. As such, the recent stock price movements reflect optimistic market sentiment and alignment with projected analyst targets, which set a PE ratio of 29.7x based on future earnings expectations. With projected revenue growth and target prices, there remains an opportunity to scrutinize whether these expectations can be achieved given recent positive market sentiments. Jump into the full analysis health report here for a deeper understanding of GoDaddy. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:GDDY. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@


Zawya
25-03-2025
- Business
- Zawya
Maximize website encryption with GoDaddy's 90-day automated SSL certificates
Dubai, UAE -- GoDaddy has announced the launch of 90-day reissuance, fully installed and managed Secure Sockets Layer (SSL) certificates with five encryption refreshes annually, making GoDaddy the first certificate authority to offer this time-saving solution. SSL certificates are essential for anyone with a website, especially small businesses, entrepreneurs and larger businesses. They protect sensitive customer data and maintain trust in online transactions. SSLs authenticate the identity of a website and encrypt information sent to the server. 'As a global leader in website security, with over 100 million active SSL certificates, the introduction of automated 90-day SSL certificates ahead of any industry requirements is another way that GoDaddy is anticipating the needs of its customers and leading the way,' said Selina Bieber, Vice President of International Markets at GoDaddy. 'By automating SSL management, we're making security easy for everyone, ensuring our customers stay ahead of potential risks with minimal effort," added Bieber. Currently, many SSLs purchased from certificate authorities require manual re-installation over the lifecycle of a one-year certificate. This process can be time-consuming, require external support, and fall to the bottom of busy entrepreneurs' to-do lists. Now, with a GoDaddy fully Managed SSL, a do-it-for-you service, customers no longer need to worry about these cumbersome steps. GoDaddy handles every aspect of SSL lifecycle management, from installation to issuance and renewal—delivering effortless website encryption and protection. GoDaddy's 90-day SSL certificates automatically renew and reinstall every three months, eliminating the manual steps typically required by other SSL solutions. This fully automated process not only reduces the burden for website owners but ensures continuous protection without disruption. While 90-day certificates are not yet an industry requirement, GoDaddy recognizes the positive impact that SSLs with encryption that is refreshed five times per year will have on its customers' business growth and privacy concerns. This also takes into account the role automation can play in ensuring the heavy lifting of re-installing the certificate more frequently is in the hands of the certificate provider. GoDaddy's managed SSL certificate automates the entire process, meaning customers don't have to manually select, install, or manage their 90-day SSL certificates, while getting the benefit of five encryption refreshes, annually. To learn more about GoDaddy's SSL certificate support across all Website Builder, Managed WordPress, and multi-site Web Hosting plans, click here. To read more on GoDaddy's 90-day certificates, click here. About GoDaddy GoDaddy helps millions of entrepreneurs globally start and scale their businesses. People come to GoDaddy to name their idea, build a website and logo, sell their products and services, and accept payments. GoDaddy Airo®, the company's AI-powered experience, makes growing a small business faster and easier by helping them to get their idea online in minutes, drive traffic and boost sales. GoDaddy's expert guides are available 24/7 to provide assistance. To learn more about the company, visit


Wakala News
22-11-2024
- General
- Wakala News
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