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Nov 11, 2025 12:00 PM

Monday.com Beat On Revenue—But Analysts Say The Real Story Is Slower Sales

Shares of Monday.Com Ltd (NASDAQ:MNDY) were trading relatively flat on Tuesday, after the company Monday reported upbeat third-quarter revenues.

Here are some key analyst takeaways:

Piper Sandler analyst Hannah Rudoff maintained an Overweight rating, while reducing the price target from $275 to $250.

DA Davidson analyst Lucky Schreiner reaffirmed a Buy rating, while cutting the price target from $275 to $250.

Goldman Sachs analyst Kash Rangan reiterated a Buy rating and price target of $270.

Check out other analyst stock ratings.

Piper Sandler: Monday.Com reported revenues of $317 million, up 26% year-on-year, topping estimates by $4.9 million, Rudoff said in a note. She added, however, that the beat was lower than the average in the previous four quarters.

While Monday.Com recorded 291 net additions in the $50K+ customer cohort and 131 in the $100K+ cohort, the company's SMB business "witnessed some volatility in paid search performance," ...