GoDaddy Inc. (NYSE:GDDY) is one of the 12 Cheap Technology Stocks to Invest In According to Hedge Funds.
On February 19, GoDaddy Inc. (NYSE:GDDY) reported that it has integrated with Salesforce’s MuleSoft Agent Fabric. Salesforce AI software assists companies of all sizes in discovering AI agents and verifying their identity. This protects rogue agents from coming across business systems and sensitive data.
In other news, on January 15, TheFly reported that Morgan Stanley’s Elizabeth Porter lowered the price target on GoDaddy Inc. (NYSE:GDDY) from $159 to $149, keeping an Equal Weight rating on the stock.
Porter mentioned that AI-related risks are less severe than initially feared, supporting a constructive outlook for application Software-as-a-Service (SaaS) in 2026, despite Application SaaS underperforming the broader software group and tech sector in 2025. The analyst further highlighted that a continued lack of broad-based positive spending revisions keeps GoDaddy ‘selectively opportunistic.’
Out of 20 analysts covering the stock, 65% rate it as a Buy and 35% rate it as a Hold. GDDY has an average price target of $172.50, indicating an upside potential of more than 90%. Ahead of the Q4 2025 earnings scheduled on February 24, the average analyst estimate for adjusted earnings is $1.58, with a revenue consensus of $1.27 billion.
GoDaddy Inc. (NYSE:GDDY) is the world’s largest domain name registrar. It is also focused on the design and development of cloud-based products worldwide. The company operates through two segments, including Applications and Commerce (A&C) and Core Platform (Core).
While we acknowledge the potential of GDDY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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