GoDaddy shares undervalued despite strong earnings and AI-driven growth, rated Strong Buy with $120 target.

GoDaddy Inc. (GDDY) is considered deeply undervalued despite its strong earnings growth, high profit margins, and leading market position in domain registration and web hosting. The stock trades at low forward multiples—10x earnings and 8.3x EV/EBITDA—with a projected 15.5% free cash flow yield by 2026, outperforming peers. Management is using AI to cut costs and innovate products while aggressively buying back shares and reducing debt, supporting strong per-share growth. The analyst rates GDDY as a Strong Buy, targeting over $100 by mid-summer and $120+ within a year, with potential for multi-year gains if market sentiment improves.