monday.com Ltd. (NASDAQ:MNDY) ranks among the best mid-cap stocks with huge upside potential. KeyBanc reaffirmed its $330 price target and Overweight rating on monday.com Ltd. (NASDAQ:MNDY) on August 20. The reiteration comes after a volatile period for monday.com shares, which saw a sharp decline in late 2024 and early 2025 as a result of fears regarding possible downturn in European markets and expectations for revenue growth.
In spite of market concerns that revenue growth in 2025 might only be in the low-20% area, monday.com Ltd. (NASDAQ:MNDY) ultimately issued growth guidance of about 26%.
KeyBancs analysis shows that over the last six months, Monday.coms core Work OS product has accelerated while new product growth has slowed. This suggests that current guidance depends on Work OS acceleration persisting.
monday.com Ltd. (NASDAQ:MNDY) is a cloud-based platform that lets customers create custom applications and project management solutions. Its visual interface enables teams of any size to manage projects, collaborate, and automate operations.
While we acknowledge the potential of MNDY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on thebest short-term AI stock.
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Disclosure: None. This article is originally published atInsider Monkey.