12 Best Upside Stocks to Buy Now

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8. Monday.com Ltd. (NASDAQ:MNDY)

Number of Hedge Fund Holders: 55

Average Upside Potential as of November 27: 79.35%

Monday.com Ltd. (NASDAQ:MNDY) is one of the best upside stocks to buy now. On November 11, Morgan Stanley lowered the firm’s price target on Monday.com to $236 from $260, while maintaining an Overweight rating on the shares. This sentiment amid a stock price fall was because of the company’s earnings beat, which was smaller than expected on an already low bar. Management also did not increase the financial guidance for the full year 2025.

However, Morgan Stanley remains highly confident in the long-term investment case, which is based on the company’s growing focus on faster-growing, multi-product solutions and generating more revenue from larger customers. In its Q3 2025 earnings call, Monday.com reported a total revenue of $317 million, which was a 26% increase year-over-year. Net income reached $61.9 million, yielding a diluted net income per share of $1.16

The company’s Q4 2025 revenue guidance is set at $328 to $330 million, which reflects a year-over-year growth of 22% to 23%. The full year 2025 revenue guidance is $1.226 to $1.228 billion, which represents ~26% growth year-over-year. The company is rebalancing investments towards higher ROI areas like direct sales and new products, which have longer sales cycles but show positive momentum.

Monday.com Ltd. (NASDAQ:MNDY) develops software applications internationally. The company provides Work Operating System, which is a cloud-based visual work OS that consists of modular building blocks used and assembled to create software applications and work management tools.

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