Monday.com (MNDY) Pushes Upmarket and Boosts Incentives as Analysts Reaffirm Bullish Outlook

Monday.com Ltd. (NASDAQ:MNDY) is one of the best falling stocks to buy, according to Wall Street analysts. Monday.com Ltd. (NASDAQ:MNDY) holds a Strong Buy consensus from 19 analysts, with 17 Buys and 2 Holds. The average price target is $243.28, ranging from $195 to $330, implying a 69.1% upside from the current $143.86.

Monday.com (MNDY) Pushes Upmarket and Boosts Incentives as Analysts Reaffirm Bullish Outlook

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On November 13, KeyBanc Capital Markets reiterated an Overweight rating on Monday.com Ltd. (NASDAQ:MNDY) and a $270 price target. The positive stance follows Chief Financial Officer Eliran Glazer’s asserting that the company is on track to deliver $1.8 billion in revenue by 2027. The revenue target builds on the company’s impressive 28.6% revenue growth over the past 12 months.

In a bid to accelerate revenue growth, Monday.com is increasing its sales headcount by about 30% in 2025 and 20% next year. In a bid to support cross-selling, the company is also changing its sales compensation structure from a base-salary-focused model to a more incentive-driven one. KeyBanc Capital Markets has also touted a push for productivity improvements through internal artificial intelligence agents.

On November 11, DA Davidson lowered its price target for monday.com Ltd. to $250 from $275 but maintained its Buy rating. The firm pointed to slower sales cycles and a tougher macro backdrop after the company reported results that fell short of expectations. Even with the more cautious stance, DA Davidson pointed to monday.com’s strong fundamentals, an 89.17% gross margin, $1.23 EPS, and management’s confidence in reaching its FY2027 revenue goal. That outlook is backed by the company’s push further upmarket, growing AI features, and expanding product lineup.

Monday.com Ltd. (NASDAQ:MNDY) provides a customizable platform for teams to manage projects, streamline workflows, and collaborate on tasks. It offers visual, drag-and-drop boards and templates for a wide range of use cases, including marketing, sales, HR, and project management, and integrates with other tools to centralize work.

While we acknowledge the potential of Monday.com Ltd. (NASDAQ:MNDY) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than MNDY and that has 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.