Monday.com's Cloud Work Platform Draws Strong Interest From Investors

Wall Street analysts trimmed their price targets on monday.com Ltd. but kept their buy-equivalent ratings intact, a split signal that captures the tension between the company's long-term platform appeal and its near-term demand headwinds.

On February 10, Cantor Fitzgerald analyst Thomas Blakey cut his price target from $148 to $95 while reaffirming an Overweight rating. Even after the reduction, Blakey's target implies roughly 25% upside from where the stock was trading. The bigger concern in his note was forward-looking: Blakey said monday.com expects downward revisions to its 2026 and 2027 forecasts and will enter a stricter "show me" phase after management signaled it would no longer discuss the $1.8 billion 2027 revenue target it had previously put before investors.

That same day, D.A. Davidson lowered its price target from $150 to $100 but maintained a Buy rating. The firm pointed to a smaller-than-usual quarterly beat as the driver, attributing the softer result to "continued uncertainty in demand trends among its SMB customer base." D.A. Davidson noted that those softer demand dynamics pushed the company's forward guidance below street expectations.

At the center of the analyst attention is monday.com's cloud-based visual Work Operating System, which the company markets as a platform built on modular building blocks for creating software applications and scaling enterprise workflows. The system delivers customized work management tools designed to help organizations manage processes and projects across teams.

The dual price-target cuts came as monday.com was named among what one analyst ranking identified as 12 best buy-the-dip stocks on Wall Street. Whether that designation holds will depend heavily on whether management can satisfy the "show me" standard Blakey described, particularly as the company's prior public commitment to a $1.8 billion 2027 target has now been quietly shelved.