10 Trending AI Stocks on Wall Street

6. monday.com Ltd. (NASDAQ:MNDY)

Number of Hedge Fund Holders: 67

monday.com Ltd. (NASDAQ:MNDY) is one of the 10 Trending AI Stocks on Wall Street. On November 10, Oppenheimer maintained its Outperform rating on the stock but lowered its price target to $200 from $300. The firm remains cautiously positive on Oracle but has flagged near-term softness and longer sales transitions.

The firm noted how Monday.com has delivered mixed 3Q results, characterized by P&L upside and a bookings miss. Despite a revenue beat, the company did maintain its 2025 top-line guidance which reflects a softer revenue outlook compared to the previous quarter.

The soft bookings have been due to elongating sales cycles driven by upmarket sales transition and macro uncertainty. On the upside, Monday.com has achieved record large customer net additions and multi-product traction.

The firm has also expressed its concerns that the continued bookings softness may “feed the AI bear narrative on horizontal software companies,” raising risk to monday.com’s previously announced $1.8 billion revenue guidance for 2027.

“Monday.com delivered mixed 3Q results (P&L upside, bookings miss). Management maintained the 2025 top-line guidance, despite the 3Q revenue beat, which implies a softer revenue outlook versus the prior quarter. Elongating sales cycles from the upmarket sales transition and macro uncertainty is the soft bookings drivers. On a positive note, the business generated record large customer net-additions, multi-product traction, and management noted stabilizing search trends at the end of 3Q. Bottom line: This is two straight quarters of bookings softness for monday.com which may come as a surprise given the positive management tone at the mid-September Analyst Day. This trend will likely feed the AI bear narrative on horizontal software companies and raises risk to the $1.8B 2027 revenue guidance. Maintain Outperform, Lower PT to $200 from $300.”

monday.com Ltd. (NASDAQ:MNDY) develops software applications globally, offering a cloud-based Work OS for creating work management tools.