{
  "id": 17220692,
  "title": "UBS raises GoDaddy stock price target to $112 on Airo growth",
  "url": "https://urgent.news/2026/10/30/ubs-raises-godaddy-stock-price-target-to-112-on-airo-growth",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-30T11:44:55.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/ubs-raises-godaddy-stock-price-target-to-112-on-airo-growth-93CH-4987260"
  },
  "original_language": "en",
  "account": "UBS has increased its price target for GoDaddy Inc (NYSE: GDDY) to $112 from $100, while keeping a neutral rating on the stock. The company's valuation appears attractive given its price-to-earnings ratio of 15.6 and price-to-earnings growth ratio of 0.73. InvestingPro analysis suggests the stock is undervalued, placing it among the most undervalued stocks. GoDaddy reported a 6.0% year-over-year revenue growth in the third quarter, surpassing its high-end guidance. Applications and Commerce revenue grew by approximately 9%, while Core Platform revenue increased by around 4%, exceeding expectations. Net EBITDA margin expanded to 33.5%, surpassing the company's 33% forecast. Growth in total bookings was around 6%, with Applications and Commerce bookings improving to roughly 8% from 7% in the second quarter. Airo, a key driver, more than doubled its annualized bookings to over $100 million, with two-thirds coming from subscriptions and one-third from credit packs. GoDaddy's financial health is rated as \"Great\" on InvestingPro, with further details available in the Pro Research Report. GoDaddy's third-quarter 2026 earnings exceeded Wall Street's expectations, with adjusted earnings of $2.08 per share compared to the forecasted $1.89 per share. Revenue also beat estimates, reaching $1.34 billion versus the anticipated $1.32 billion. The company's strong performance was driven by increased bookings, revenue, and margins, largely due to the rapid adoption of its Airo product. Despite a slight decline in the stock following the earnings announcement, the results demonstrate solid financial performance.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}