Wall Street Tout’s GoDaddy Inc. (GDDY) Growth Metrics on Airo AI Offerings Prospects

GoDaddy Inc. (NYSE:GDDY) is one of the best beaten down stocks to invest in according to analysts. On December 17, RBC’s Brad Erickson reaffirmed a Buy on GoDaddy with a $200 target. On December 4, analysts at Benchmark reiterated a Buy rating on GoDaddy Inc. (NYSE:GDDY) and a $240 price target.

Wall Street Tout’s GoDaddy Inc. (GDDY) Growth Metrics on Airo AI Offerings Prospects

The research firm remains confident about the company’s prospects amid an improving competitive position in vibe coding, its agentic ecosystem. In addition, it is impressed by the economics of the company’s artificial intelligence units. Investments in the Data Platform across 21 million customers over the past two years are expected to drive meaningful revenue and cost efficiencies.

The company is also in the final testing phase of its Airo.ai product. The platform is poised to introduce six new AI agents to enhance small-business management. While the AI product’s monetization is expected to begin immediately, Benchmark insists that GoDaddy’s strategy remains underappreciated in the market despite its potential.

Meanwhile, Evercore ISI reiterated its In Line rating and $145 price target on the stock, impressed by demonstrations of Airo’s artificial intelligence offerings. The demonstrations showed Airo AI’s edge in developing a custom-built website for microbusinesses, featuring new agent-name Service functionality.

On December 3, Oppenheimer maintained a Perform rating on GoDaddy, impressed by management’s strategy to improve customer attachment and monetization through the Airo AI offerings. Management has already indicated that agentic functionality will require payment via subscription tiers.

GoDaddy is an online service provider that helps people build and grow businesses, primarily by selling domain names and offering easy website builders. It also provides hosting to keep sites online, plus tools for email, marketing (SEO, social), online stores, and security (SSLs).

While we acknowledge the potential of GDDY to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than GDDY and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.