Analyst Gary Alexander downgraded GoDaddy (GDDY) to a Sell rating. The analysis cites accelerating market disruption and a significant slowdown in growth.
Bookings grew only 5% year-over-year. This figure lags behind the company's current revenue growth. GoDaddy's AI initiatives have not yet shown a tangible impact on performance. The stock has declined approximately 50% over the past year.
The report labels GoDaddy a value trap that lacks catalysts for growth. Competitor Wix is demonstrating stronger growth and benefiting from AI tailwinds. GoDaddy's 2026 revenue guidance missed analyst expectations in late February.