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Why Monday.com (MNDY) Could Be the Discounted AI Name to Trade Now
Yahoo Financeยท 2025-10-02 13:15
Core Insights - Monday.com (MNDY) is positioned as a strong candidate for growth, leveraging AI to enhance collaboration and customer management, with projected sales of $972 million in 2024, reflecting a 33.21% increase year-over-year [1] - Despite strong sales growth, MNDY stock has underperformed, declining nearly 22% since the start of the year, contrasting with the Nasdaq's 18% gain during the same period [2] - Analysts maintain a Strong Buy consensus on MNDY, with 20 out of 25 experts expressing high conviction, and a mean price target of $281.17, suggesting a potential upside of approximately 53% [3] Performance Analysis - The lowest bullish target for MNDY is $205, indicating an 11.2% potential increase, and options trading could enhance speculative payouts [4] - Following a decent second quarter, MNDY's stock price fell due to concerns over slowing growth, despite previous highs above $219 on September 19 [5] - A data-driven approach is suggested for navigating MNDY's stock performance, emphasizing the importance of analytics in decision-making [6]