Corporate News
Monday.com Ltd., a Tel‑Aviv‑based provider of cloud‑based work‑management software, continues to attract analyst attention as it approaches its upcoming earnings announcement. Several research houses have adjusted their price targets for the Nasdaq‑listed stock in recent days, with the most notable revisions coming from Cantor Fitzgerald, which lowered its target from $215 to $148, and from DA Davidson, which cut its target to $150 amid concerns over extended sales cycles. Canaccord Genuity and other analysts have also trimmed expectations, reflecting a broader reassessment of the company’s growth prospects.
The company’s platform, which integrates processes, tools and files into a unified “work OS,” remains a focus for investors seeking to understand its competitive positioning within the highly contested software sector. While the broader market has seen volatility driven by worries over artificial intelligence and its impact on traditional software businesses, Monday.com’s analysts continue to maintain a buy or overweight stance, suggesting that the firm’s fundamentals still support a positive outlook. The forthcoming earnings report will likely provide further clarity on the company’s revenue trajectory and operational performance.
