Citi Maintains Neutral Outlook on Monday.com (MNDY) Amid Stable but Uncertain Software Demand

2 hours ago 1

Maham Fatima

Thu, January 1, 2026 astatine 5:29 AM CST 2 min read

Monday.com Ltd. (NASDAQ:MNDY) is 1 of the best NASDAQ stocks to bargain successful 2026. On December 23, Citi lowered the firm’s terms people connected Monday.com to $293 from $319 with a Buy standing connected the shares. This sentiment came arsenic Citi updated its exertion bundle models and noted a request situation that is unchangeable yet remains uncertain.

Earlier connected December 16, BTIG initiated sum of Monday.com with a Buy standing and $210 terms target. The steadfast highlighted that Monday.com is successfully evolving beyond its origins arsenic a pure-play enactment absorption provider. BTIG estimates that the company’s caller merchandise suite present generates ~$133 cardinal successful ARR (accounting for 10% of the total) and is expanding astatine an 84% year-over-year rate. The steadfast besides noted that Monday.com Ltd. (NASDAQ:MNDY) is accelerating its go-to-market strategy by utilizing this multi-product maturation to determination further upmarket. By focusing connected larger endeavor clients and precocious lawsuit retention, the institution is positioning itself for a broader marketplace presence.

Citi Maintains Neutral Outlook connected Monday.com (MNDY) Amid Stable but Uncertain Software Demand

On December 10, Tigress Financial raised the firm’s terms people connected Monday.com to $310 from $295 with a Buy standing connected the shares. The steadfast argued that Monday.com is solidifying its relation arsenic an AI-native Work OS leader, supporting 1 of the astir compelling combinations of maturation and profitability successful the SaaS sector. The steadfast besides suggested that the market’s caller absorption to revised income expectations has opened a important buying accidental for investors.

Monday.com Ltd. (NASDAQ:MNDY), unneurotic with its subsidiaries, develops bundle applications successful the US, Europe, the Middle East, Africa, the UK, and internationally.

While we admit the imaginable of MNDY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.