Monday.Com Ltd (NASDAQ:
MNDY) is one of the
13 Best Revenue Growth Stocks to Buy Right Now.
On February 2, UBS and Piper Sandler reduced their price targets on Monday.Com (NASDAQ:MNDY) stock to $140 from $200, and to $170 from $250, respectively.
A day earlier, Citi analyst Steve Enders kept a Buy rating on Monday.Com and lowered the price target to $230 from $293 due to the company’s current valuation being overly depressed relative to its fundamentals and market peers.
Although there is a risk to the company’s 2026 estimates and there will likely be a reduction in guidance, the analyst said these have been reflected in its share price, which has dipped sharply in the past months. Enders said the stock is trading at a significant discount to its peers, which could mean an upside if the market resets expectations.
Despite near-term uncertainty around the company, the analyst maintains a constructive long-term view, with Monday.Com potentially benefiting from AI capabilities. An analysis of web traffic trends also shows strong growth in overall site visits, paid search, and reallocated digital marketing spend, which point to a healthy demand environment, he said.
Monday.Com Ltd. provides a cloud-based Work OS platform that enables teams to build custom apps, workflows, and project management tools using no-code visual boards.
While we acknowledge the potential of MNDY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the
best short-term AI stock.
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Disclosure: None. This article is originally published at
Insider Monkey.
