GoDaddy delivered EPS of $1.80 versus a $1.59 consensus and achieved 7% year-over-year revenue growth, led by double-digit increases in ARPU and strong performance in the applications and commerce segment. Operating income margins expanded significantly, driven by AI-driven efficiencies that improved operational execution.

B. Riley trimmed its 2026 target price on GoDaddy by 11.6% to $215 while maintaining a Buy rating, highlighting that mixed revenue guidance was offset by margin gains and continued customer growth potential. The firm cited the current valuation and planned share buyback as factors supporting an attractive risk/reward profile.

Management forecasts full-year revenue between $5.195 billion and $5.275 billion, slightly below the $5.28 billion consensus, and expects to improve operating margins by approximately one percentage point. The company also plans a $2 billion share repurchase to bolster shareholder value.