Piper Sandler Cuts monday.com Ltd. (MNDY) Price Target to $170, Keeps Overweight Rating

Piper Sandler lowered its terms people connected monday.com Ltd. (NASDAQ:MNDY) to $170 from $250 connected February 3, portion maintaining an Overweight rating, pursuing a transportation of coverage. The accommodation was portion of broader people cuts crossed the platforms and applications group, reflecting concerns astir spot compression and valuation ceilings alternatively than company-specific fundamentals. Piper did not marque a directional telephone connected the upcoming Q4 results.

Operationally, monday.com Ltd. (NASDAQ:MNDY) reported coagulated show successful the 3rd 4th of fiscal 2025, with full gross reaching $317 million, representing 26% year-over-year growth. Adoption of AI-driven offerings continues to scale, with much than 60,000 apps created utilizing products specified arsenic Monday Vibe and Agent Factory since July, highlighting expanding lawsuit engagement with automation and workflow tools.

Founded successful 2012 and based successful Tel Aviv, monday.com Ltd. (NASDAQ:MNDY) provides a flexible Work Operating System that supports task management, CRM, and workflow automation. Despite valuation-related unit crossed the bundle sector, the company’s accordant gross maturation and expanding AI usage cases underscore continued request for its platform.

While we admit the imaginable of MNDY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 8 Up and Coming Streaming Companies and Services and 9 High Growth Canadian Stocks to Buy

Disclosure: None.