But a tech observer has a different buyer in mind: Amazon.com. At first, it seems like an odd fit. Go Daddy, with 43 million registered domains, is one of the largest domain-name companies.

Scottsdale, Ariz.-based Go Daddy has vaulted to the top of the domain-registrar heap with the help of several innovations, perhaps the most significant among them being "private" domain registration.

The analyst raised FY23 EPS estimate to $2.57 from $2.54. FY23 revenue estimates stand at $4.257 billion. Price Action: GDDY shares are trading higher by 0.68% to $75.15 on the last check Wednesday.