Tag Archives: Analysts

What Are Wall Street Analysts’ Target Price for GoDaddy Stock? — TradingView News

August 20, 2024 Web Shared Hosting News 0

Tempe, Arizona-based GoDaddy Inc. GDDY is an internet domain registrar and web hosting company that also sells e-business-related software and services. With a market cap of $23.4 billion, GoDaddy operates through the Applications and Commerce and Core Platform segments.

The internet giant has substantially outperformed the broader market over the past year. Over the past 52 weeks, GDDY stock has returned an impressive 133%, outpacing the S&P 500 Index’s ($SPX) 28.1% returns. In 2024, GDDY is up 53.5% compared to SPX’s 17.3% gains on a YTD basis.

Narrowing the focus, GDDY also outperformed the DJ Internet Index ETF FT’s FDN 26% returns over the past 52 weeks and 8.1% gains on a YTD basis.

Shares of GoDaddy jumped a massive 7% following the release of its Q2 earnings on Aug. 1. The…


Source link

OVH Groupe S.A. (EPA:OVH): Are Analysts Optimistic?

February 8, 2024 Web Shared Hosting News 0

We feel now is a pretty good time to analyse OVH Groupe S.A.’s (EPA:OVH) business as it appears the company may be on the cusp of a considerable accomplishment. OVH Groupe S.A. provides public and private cloud, shared hosting, and dedicated server products and solutions worldwide. The €1.8b market-cap company announced a latest loss of €40m on 31 August 2023 for its most recent financial year result. Many investors are wondering about the rate at which OVH Groupe will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts’ expectations for the company.

See our latest analysis for OVH Groupe

OVH Groupe is bordering on breakeven, according to the 10 French IT analysts. They…


Source link

OVH Groupe S.A. (EPA:OVH): Are Analysts Optimistic?

February 8, 2024 Dedicated Hosting News 0

We feel now is a pretty good time to analyse OVH Groupe S.A.’s (EPA:OVH) business as it appears the company may be on the cusp of a considerable accomplishment. OVH Groupe S.A. provides public and private cloud, shared hosting, and dedicated server products and solutions worldwide. The €1.8b market-cap company announced a latest loss of €40m on 31 August 2023 for its most recent financial year result. Many investors are wondering about the rate at which OVH Groupe will turn a profit, with the big question being “when will the company breakeven?” Below we will provide a high-level summary of the industry analysts’ expectations for the company.

See our latest analysis for OVH Groupe

OVH Groupe is bordering on breakeven, according to the 10 French IT analysts. They…


Source link

3 “Magnificent Seven” Stocks With 45% to 84% Upside in 2024, According to Certain Wall Street Analysts

February 3, 2024 Dedicated Hosting News 0

Last year was a banner year for the so-called “Magnificent Seven” stocks. These industry leaders were among the top performers in the Nasdaq Composite in 2023, helping the tech-centric index push out of its slump and notch gains of 43% for the year. It now sits about 4% below a new all-time high, which will mark the final criteria signaling the arrival of the next Nasdaq Composite bull market. Here’s a breakdown of how the group performed in 2023:

  • Nvidia(NASDAQ: NVDA): Up 239%
  • Meta Platforms: Up 194%
  • Tesla(NASDAQ: TSLA): Up 102%
  • Amazon(NASDAQ: AMZN): Up 81%
  • Alphabet: Up 58%
  • Microsoft: Up 57%
  • Apple: Up 48%

Despite these average-busting performances, some believe additional upside remains. In fact, a trio of Wall Street analysts suggest that three of these stocks still have upside potential of…


Source link