GoDaddy Falls 35% YTD as AI Builder Fuels Value Case at 8.5 P/E

On June 19, 2026, market commentary positions GoDaddy as a potential value stock after a 35% year-to-date decline. Q1 revenue rose 6% to $1.3 billion, driven by steady domain-registration income at 60.7% of sales and 11.6% growth in the applications and commerce segment. Early traction for the Airo AI Builder, which quickly reached a multimillion-dollar annualized bookings run rate, adds a growth catalyst. With the stock trading at an 8.5 forward P/E, analysts highlight the combination of recurring revenue and AI expansion as reasons the shares may be undervalued.