11 Best Mid Cap Tech Stocks to Buy According to Analysts

Page 3 of 10

​8. monday.com Ltd. (NASDAQ:MNDY)

Market Capitalization: $9.63 billion 

Number of Hedge Fund Holders: 67

Analyst Upside Potential: 37.14%

​monday.com Ltd. (NASDAQ:MNDY) is one of the Best Mid Cap Tech Stocks to Buy According to Analysts. On November 10, monday.com Ltd. (NASDAQ:MNDY) released results for its fiscal Q3 2025. The revenue grew 26.24% year-over-year to $316.86 million, surpassing estimates by $4.59 million and the EPS of $1.16 topped estimates by $0.28.

​The fiscal Q3 results exceeded expectations, driven by a 26% year-over-year revenue growth. However, management’s fiscal Q4 revenue guidance of $328 million and $330 million fell short of the analysts’ consensus of $333.79 million. As a result, several Wall Street analysts lowered their price targets on the stock, while maintaining a positive outlook.

​For instance, on November 10, Derrick Wood from TD Cowen reduced the firm’s price target on monday.com Ltd. (NASDAQ:MNDY) to $250 from $290, while maintaining a Buy rating. He noted that the company delivered strong momentum during the quarter, supported by growth in RPO bookings, new customers, and a rising number of paid customers with more than $100,000 in ARR. Wood acknowledged near-term challenges from AI-search affecting the market but believes the company can offset these challenges by strategic investments in other lead generation channels.

​On the same day, Brian Schwartz from Oppenheimer also lowered the firm’s price target from $300 to $200 but reiterated a Buy rating on the stock.

​monday.com Ltd. (NASDAQ:MNDY) provides a cloud-based Work Operating System that helps teams manage projects, workflows, and collaboration across various business functions, including but not limited to CRM, marketing, and IT.

Page 3 of 10