Group 1: Company Overview - GoDaddy Inc. (NYSE:GDDY) is an Arizona-based developer of cloud-based products, founded in 1997, operating through two segments: Applications and Commerce, and Core Platform [4] Group 2: Analyst Ratings and Price Targets - Trevor Young from Barclays reiterated a Buy rating on GoDaddy Inc. and set a price target of $200, indicating an upside potential of approximately 124% [1] - Morgan Stanley reduced its price target for GoDaddy Inc. to $145 from $159 while maintaining an Equal Weight rating [2] - Cantor Fitzgerald lowered its price target on GoDaddy Inc. to $130 from $150 and reiterated a Neutral rating [3] Group 3: Market Outlook - Despite underperformance in the application SaaS sector in 2025, AI-driven risks appear less severe, suggesting a more optimistic outlook for application SaaS in 2026 [2] - The "Synergy" phase that AI has entered is expected to drive revenue growth and long-term returns on capital expenditures for Global Internet stocks [3]