Critical Contrast: GoDaddy (NYSE:GDDY) versus Veea (NASDAQ:VEEA)

GoDaddy (NYSE:GDDY) and Veea (NASDAQ:VEEA) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, institutional ownership, valuation, dividends, earnings and profitability.

Risk and Volatility

GoDaddy has a beta of 1.15, indicating that its stock price is 15% more volatile than the S&P 500. Comparatively, Veea has a beta of -0.08, indicating that its stock price is 108% less volatile than the S&P 500.

Profitability

This table compares GoDaddy and Veea’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
GoDaddy	41.74%	267.29%	8.47%
Veea	N/A	N/A	-20.86%

Insider & Institutional Ownership

90.3% of GoDaddy shares are owned by institutional investors. Comparatively, 25.9% of Veea shares are owned by institutional investors. 0.6% of GoDaddy shares are owned by company insiders. Comparatively, 71.0% of Veea shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares GoDaddy and Veea”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
GoDaddy	$4.48 billion	6.17	$1.37 billion	$12.94	15.22
Veea	N/A	N/A	-$30,000.00	N/A	N/A

GoDaddy has higher revenue and earnings than Veea.

Analyst Ratings

This is a summary of recent recommendations for GoDaddy and Veea, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
GoDaddy	0	5	9	1	2.73
Veea	0	0	0	0	0.00

GoDaddy currently has a consensus price target of $187.71, suggesting a potential downside of 4.67%. Given GoDaddy’s stronger consensus rating and higher probable upside, analysts clearly believe GoDaddy is more favorable than Veea.

Summary

GoDaddy beats Veea on 11 of the 12 factors compared between the two stocks.

About GoDaddy

GoDaddy Inc. engages in the design and development of cloud-based products in the United States and internationally. It operates through two segments: Applications and Commerce, and Core Platform. The Applications and Commerce segment provides applications products, including Websites + Marketing, a mobile-optimized online tool that enables customers to build websites and e-commerce enabled online stores; and Managed WordPress, a streamlined and optimized website building that allows customers to easily build and manage a faster WordPress site; Managed WooCommerce Stores to sell anything and anywhere online; and marketing tools and services, such as GoDaddy Studio mobile application, search engine optimization, Meta and Google My Business, and email and social media marketing designed to help businesses acquire and engage customers and create content. The segment also offers connected commerce comprising Smart Terminal, a dual screen all-in-one Point-of-Sale system that allows customers to manage in-store inventory and product catalogs and take payments; GoDaddy Payments, a payment facilitator that enables customers to accept all major forms of payments; and email service plans with a multi-feature web interface, and Microsoft Office 365 accounts that connects to customers’ domains. The Core Platform segment offers domain products, including primary registrations, domain aftermarket platform, and domain name add-ons, as well as GoDaddy Registry, a provider of domain name registry services; and hosting and security services comprising shared website hosting, virtual private servers, and managed wordpress hosting services, as well as security products with a comprehensive suite of tools designed to help secure customers’ online presence. The company serves small businesses, individuals, organizations, developers, designers, and domain investors. GoDaddy Inc. was founded in 1997 and is headquartered in Tempe, Arizona.

About Veea

Veea Inc. provides computing, multiaccess multiprotocol communications, edge storage, and cybersecurity solutions. The company offers multiaccess edge computing (MEC) platform that redefines connectivity and computing at the edge by integrating functions of servers, network attached storage (NAS), routers, firewalls, Wi-Fi Access Points, IoT gateways, and 4G and 5G connections; and Veea Edge Platform enables direct connections from the optical fiber, cellular, and satellite networks. It also provides VeeaHub STAX, an edge computing product integrated with wireless access, including Wi-Fi 6; VeeaHub that offers connectivity options for pro indoor smart edge applications; and VeeaHub Outdoor that integrates with wireless connectivity for smart edge applications in outdoor and industrial environments. The company also offers TROLLEE, a smart shopping cart platform; the VeeaHub toolkit; and Veea AdEdge, an advertising platform. Veea Inc. was founded in 2014 and is headquartered in New York, New York.