Monday.com: Analyst Sees Attractive Entry Point Amid Growth Potential and Manageable Challenges

Analyst Josh Baer of Morgan Stanley maintains a Buy rating on Monday.com, citing an attractive entry point amid growth potential and manageable challenges. Baer believes the company's valuation is compelling, especially if it can sustain its growth momentum. Despite recent declines, Baer sees potential to expand market presence and scale product offerings, justifying its current valuation.

Analyst Josh Baer of Morgan Stanley has maintained a Buy rating on Monday.com (MNDY), retaining a price target of $260.00. Despite the stock's recent decline following Q2 results, Baer sees an attractive entry point, particularly as the company is positioned to capitalize on its growth potential [1].

Baer's confidence is bolstered by discussions with investors and the company's investor relations team, which suggest that the challenges posed by changes in AI search are manageable and temporary. Additionally, Monday.com's potential to expand its market presence and scale its product offerings provides additional growth avenues. Trading at a discount compared to peers, Baer believes the company's valuation is compelling, especially if it can sustain its growth momentum [1].

Another analyst firm, KeyBanc, also maintained a Buy rating on the stock with a $330.00 price target [1]. Goldman Sachs recently set a price target of $270.00 for Monday.com, expecting the stock to rise to within 12 months [2].

Monday.com's second quarter was marked by robust revenue growth and non-GAAP profitability that both exceeded Wall Street expectations. Despite these headline beats, the market responded negatively, reflecting concerns around operating margin compression and uncertainty in the company’s customer acquisition channels. Management attributed Q2’s results to continued expansion in enterprise accounts and accelerated adoption of its AI-powered platform features [4].

While the recent declines in stock price may present an attractive entry point for investors, it is essential to monitor the company's ability to sustain its growth momentum and manage the challenges posed by changes in AI search and customer acquisition. Investors should keep an eye on the company's upcoming analyst ratings, which are expected to be made available sometime around August 13, 2026 [3].

References:
[1] https://www.tipranks.com/news/ratings/monday-com-attractive-entry-point-amid-growth-potential-and-manageable-challenges-ratings
[2] https://www.benzinga.com/quote/MNDY/analyst-ratings
[3] https://www.benzinga.com/quote/MNDY/analyst-ratings
[4] https://finance.yahoo.com/news/5-insightful-analyst-questions-monday-053131017.html