GoDaddy Leverages AI with MuleSoft Integration
Earlier this month, GoDaddy enhanced its Agent Name Service (ANS) through integration with Salesforce’s MuleSoft, transforming the public Domain Name System into a global identity directory for AI agents. This strategic move aims to bolster enterprise AI workflows, positioning GoDaddy at the forefront of internet infrastructure and security. The integration aligns with GoDaddy’s investment narrative, which envisions capitalizing on higher-value AI and software tools to expand its domain and SMB relationships. Despite promising developments like the PGen AI domain recommendation system, challenges persist, including intense competition and potential customer churn. Analysts project GoDaddy could achieve $5.9 billion in revenue and $1.3 billion in earnings by 2028, with a fair value estimate of $175.00 per share, indicating a 99% upside. Investors should weigh these factors against the backdrop of rising complexities in AI implementation and competition. For ongoing insights, explore other potential stock opportunities.
