12 Tech Stocks with the Biggest Upside Potential

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

Potential Upside: 91.62%

Number of Hedge Fund Holders: 55

Josh Baer, an analyst at Morgan Stanley, lowered the firm’s price target for monday.com Ltd. (NASDAQ:MNDY) from $236 to $200 while maintaining a Buy rating on January 27. The firm’s price target implies a further 74.88% upside from the current levels. Morgan Stanley is adopting a cautious tone heading into the company’s fourth-quarter earnings report, as it expects Monday.com to post a modest revenue beat of approximately 2%. On top of that, fiscal 2026 guidance is expected to come in below Wall Street expectations, calling for around 18.5% year-over-year growth.

Even with this cautious short-term outlook, the firm believes the initial fiscal 2026 revenue outlook in the 18%-19% range could serve as a clearing event for the stock. In a note to investors, the analyst said that the firm anticipates top-of-funnel trends to improve over the course of FY2026, along with continued momentum in multi-product adoption and sustained strength in the upmarket segment.

Barclays analyst Raimo Lenschow also maintained his Buy rating, along with the price target of $194 for the shares on January 23. The firm’s price target offers a further 70.18% upside from the current levels.

monday.com Ltd. (NASDAQ:MNDY) develops software applications across the United States, the Middle East, Europe, the United Kingdom, Africa, and internationally. It offers Work Operating System (Work OS), a cloud-based, visual work OS. The company serves educational or government institutions, distinct business units of an organization, and organizations.

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