US stocks registered a great start to the week with the S&P 500 index registering a gain of 100 points to close at +1.76%. The Nasdaq index, which had taken a beating recently, also registered a 2.2% gain. The renewed optimism comes as analysts price in rather moderate tariffs, much more lenient than originally thought.
Wall Street analysts continuously evaluate stocks based on recent earnings, market outlook, and economic trends. When they find a stock with a potential upside, they adjust their rating accordingly. 2025 has started off with extreme volatility but analyst upgrades continue to provide investors with a reliable source to pick up their next stock for the year.
We decided to look at what stocks the analysts are looking at and why they are bullish on these stocks. We then looked at the catalysts that could trigger this upside and came up with this list. For this top 10 list, we only considered stocks with a market cap of at least $5 billion.
A financial analyst standing in front of a screen with the ratings of the company provided by the NRSRO.
10. Monday.com Ltd. (NASDAQ:MNDY)
Monday.com Ltd. operates as a global software applications developer. It offers Work OS which is a cloud-based visual work operating system. The company also provides various products including monday sales CRM, monday work management, monday service, monday dev, WorkForms, and WorkCanvas.
The company’s share price surged 2.5% after it received an upgrade from DA Davidson. They upgraded the stock from Neutral to Buy with an increased price target of $350 after a downturn in the tech sector:
“We have always viewed monday.com as a great company whose shares fairly reflected its premium quality. With the recent pullback in MNDY now is an opportune time to take a second look at an attractive entry point. We have confidence in the durability of cash flows moving forward for MNDY and are incrementally positive on enterprise adoption given recent results.”
A similar sentiment was displayed by KeyBanc just a month ago right after the company released its fourth-quarter financial results. KeyBanc upgraded the company from Sector Weight to Overweight with a significantly increasing target price to $420. Analysts were expecting the firm to announce a lower guidance for 2025. But when the company announced that it expects 26.5% revenue growth during the year, its stock shot up by the same percentage in a single day.
According to 27 different analyst ratings, the company has the highest target price of $455 which means it has a potential upside of 71% from the current levels if the bullish scenario proves accurate.
9. DocuSign, Inc. (NASDAQ:DOCU)
DocuSign, Inc. is an electronics signature solutions provider. It provides Contract Lifecycle Management (CLM), an AI-powered intelligent agreement management (IAM) platform, Gen for Salesforce, and Document Generation streamlines. Though the company has been facing a decline in stock prices recently, shares jumped 1.4% after receiving an upgrade.
The upgrade came from the investment firm William Blair on the back of DocuSign’s Intelligent Agreement Management platform. Analyst Jake Roberge raised his rating from Market Perform to Outperform on the stock. He said that moving forward, the company’s Intelligent Agreement Management platform will improve customer relationships, enhance the adoption of new platform features, and drive business growth.
“In DocuSign’s most recent quarter, IAM represented a high-single-digit percent of deal volume for the company’s direct channel and over 20% of direct new customer lands. While it is still early days for the platform, DocuSign expects IAM to represent a low-double-digit percent of its subscription book of business by the end of fiscal 2026, up from a low-single-digit percent of the company’s subscription business in fiscal 2025.”
Analysts expect DocuSign to drive double-digit growth in 2026. The optimism is justified as Citizens also reiterated its target price of $124 and Market Outperform rating on the stock after the company’s strong Q4 2025 earnings results:
“We continue to view DocuSign as an excellent opportunity for long-term capital appreciation for a number of reasons.”
