We recently published a list of the Analysts Are Bullish On These 10 Stocks For 2025, Here’s Why. In this article, we are going to take a look at where monday.com Ltd. (NASDAQ:MNDY) stands against the other stocks that analysts are bullish for 2025.
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.
Software engineers collaborating on a project while seated in a shared workspace.
monday.com Ltd. (NASDAQ:MNDY)
monday.com Ltd. (NASDAQ:MNDY) 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 (NASDAQ:MNDY) 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 monday.com (NASDAQ:MNDY) 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, monday.com (NASDAQ:MNDY) 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.
Overall, MNDY ranks 10th on our list of stocks that analysts are bullish for 2025. While we acknowledge the potential of MNDY as a leading investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as MNDY but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
