monday.com (MNDY) Slumps 34% YTD — Analyst Sees “Straightforward Buy”

• StockStory Top Pick MNDY +0.74%

monday.com Ltd. (NASDAQ:MNDY) is one of the 10 Trending AI Stocks According to Analysts. Despite slashing its price target on MNDY, DA Davidson analyst Lucky Schreiner remains constructive on the shares. On February 9, Schreiner lowered the price target to $150.00 (from $250.00) while maintaining a “Buy” rating, citing a disconnect between market pessimism and strong customer satisfaction in core product.

The firm said that it is trimming its FY26 estimates for the stock ahead of its fourth-quarter 2025 results due to longer sales cycles that Monday.com is navigating. Its recent customer checks have also been less constructive, particularly around the adoption of new MNDY products like Service.

Despite this, customers still view the company’s core work management solution “very positively,” noted the firm. Customers are not showing interest in building their own custom solutions as alternatives to monday.com’s core product.

“Shares are down 34% YTD based on the belief MNDY will no longer grow moving forward. We disagree with that view making this a straightforward BUY.”

monday.com Ltd. (NASDAQ:MNDY) develops software applications globally, offering a cloud-based Work OS for creating work management tools.

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 the best short-term AI stock.

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