GoDaddy Inc. (NYSE:GDDY) is among the best money-making stocks to buy right now. On February 6, Trevor Young, an analyst at Barclays, reiterated a Buy rating on GoDaddy Inc. (NYSE:GDDY) and set a $200 price target. This reflects an upside potential of approximately 124%.
Several other analysts have recently revised their outlook for GoDaddy Inc.. Among firms neutral on the stock, Morgan Stanley trimmed its price target to $145 from $159 and maintained an Equal Weight rating on the company on January 15. Although application SaaS companies underperformed the broader software market and the technology sector in 2025, AI-driven risks appear less severe now than previously thought, the firm noted. Thus, this signals a more optimistic outlook for application SaaS in 2026. However, it is worth noting that a sustained lack of broad-based spending upgrades keeps the firm “selectively opportunistic.”
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Similarly, on January 8, Cantor Fitzgerald reduced its price target on GoDaddy Inc. to $130 from $150 and reiterated a Neutral rating. All thanks to a “Synergy” phase that AI has entered, the 2026 prospects for Global Internet stocks have become increasingly positive, the firm highlighted, adding that this would drive revenue growth, value, and long-term returns on capex.
GoDaddy Inc. is an Arizona-based developer of cloud-based products. Founded in 1997, the company operates through two segments: Applications and Commerce, and Core Platform. The company’s core offerings include application products, website building, and marketing tools and services.
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