Analysts Back 42% Upside for MNDY as $300M Volume Ranks 329th Amid Renewed Optimism

On August 8, 2025, monday.com (MNDY) rose 0.26% to close with a trading volume of $0.30 billion, ranking 329th in market activity. Analyst coverage highlights a “Moderate Buy” consensus based on 24 Wall Street ratings, with 21 buy and one strong buy recommendation. The average price target stands at $348.09, indicating a 42.02% projected upside from its current level. Recent upgrades include Baird R W elevating its rating to “Strong Buy” and Wells Fargo setting a $365.00 target, underscoring renewed optimism.

Analyst activity has been robust, with 22 out of 24 ratings leaning toward buy/buy-plus actions. Notable upgrades in the past 90 days include Morgan Stanley initiating coverage at “Equal Weight” and Piper Sandler reaffirming an “Overweight” stance. Price targets span a wide range ($290.00–$450.00), reflecting divergent views on valuation potential. Despite mixed short-term volatility, the consensus suggests confidence in long-term growth, particularly against a backdrop of elevated trading volumes and institutional inflows.

The strategy of purchasing the top 500 stocks by daily trading volume and holding for one day generated a 166.71% return from 2022 to the present, outperforming the benchmark by 137.53%. This highlights the efficacy of liquidity-focused approaches in volatile markets, where high-volume stocks often capitalize on rapid price swings. However, such strategies require careful risk management, as liquidity can shift abruptly, amplifying both gains and losses. The results reinforce the interplay between market concentration and short-term momentum in driving returns.