GoDaddy Gets Mixed Signals, AI Boost or Competitive Pressure?
Key takeaways
- Go Daddy Gets Mixed Signals, AI Boost or Competitive Pressure?
- On the same day, several other analysts revisited their take on GoDaddy Inc.
- (NYSE:GDDY) announced its Q1 FY26 earnings report a day earlier, it reported EPS above consensus estimates and revenue in line with forecasts.
Go Daddy Gets Mixed Signals, AI Boost or Competitive Pressure? Rameen Kasana Wed, May 6, 2026 at 12:38 AM GMT+7 2 min read GDDY Go Daddy Inc. (NYSE:GDDY) is among the best software infrastructure stocks to buy now. On May 1, Alec Brondolo from Wells Fargo lifted the price target on Go Daddy Inc. (NYSE:GDDY) to $83 from $77 and reiterated an Equal Weight rating. In its analysis, the firm highlighted the company’s Q1 EPS. Although the booking outlook is encouraging, intensifying competition signals further volatility in the times ahead, the firm noted.
On the same day, several other analysts revisited their take on GoDaddy Inc. (NYSE:GDDY). Raymond James maintained a Strong Buy rating and a price target of $100 on the company. The firm believes AI is an emerging opportunity for the company. On the other hand, Alexei Gogolev, an analyst at JPMorgan, cut the company’s price target from $167 to $154 and reiterated an Overweight rating.
When GoDaddy Inc. (NYSE:GDDY) announced its Q1 FY26 earnings report a day earlier, it reported EPS above consensus estimates and revenue in line with forecasts. What stood out the most was the company’s 6% YoY revenue surge to $1.3 billion, which was towards the high end of its projection. With a focus on operational efficiency and strategic growth, the company stands among the best software infrastructure stocks to buy now.