Monday.com Ltd. (MNDY) Gains Analyst Confidence with Strong ARR, Market Expansion, and AI Positioning

Monday.com Ltd (NASDAQ:MNDY) is one of the champion beaten down stocks to put successful according to analysts. On December 17, BTIG initiated sum of Monday.com Ltd (NASDAQ:MNDY) with a Buy standing and a $210 terms target.

The probe steadfast remains assured astir the company’s maturation trajectory pursuing an awesome 3rd quarter, during which gross roseate 26%. In addition, the probe has highlighted important opportunities for full addressable marketplace enlargement successful the CRM and Service segments. Analyst Allan Verkhovski has already downplayed marketplace concerns astir AI-driven Google SEO, insisting they are overblown.

According to Verkhovski, Monday.com’s caller products are scaling astatine an awesome rate, arsenic depicted by robust yearly recurring gross that has already reached $133 million. The company’s go-to-market strategy, with endeavor merchandise bundles and solution selling, is besides positioning it for growth, with expanding multi-product adoption and retention rates. BTIG expects the institution to execute its gross people of $1.8 cardinal successful 2027, representing a 21% compound yearly maturation complaint implicit the past 2 years.

Tigress Financial Partners is besides bullish connected Monday.com’s prospects, having reiterated a Buy standing connected the banal connected December 10 and a $310 terms target. According to the probe firm, the institution is well-positioned arsenic an AI-native Work OS leader.

Monday.com Ltd (NASDAQ:MNDY) builds cloud-based enactment operating systems (Work OS) and applications that assistance teams negociate projects, automate workflows, and collaborate visually utilizing customizable boards, views (such arsenic Kanban and Gantt), and tools for tasks, CRM, development, and HR.

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.

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