
monday.com (MNDY) Stock Forecast & Price Target
monday.com (MNDY) Analyst Ratings
Bulls say
Monday.Com is benefiting from accelerating AI monetization, with AI ARR doubling quarter over quarter and now contributing 17% of NNARR, while early seats-plus-credits adoption shows customers are buying additional credits after exhausting consumption buckets. Its core enterprise engine also remains strong, as $50k+ ARR customers reached 4,834, $100k+ customers rose to 2,019, and revenue grew 22% year over year to $364 million, above Street estimates. Fundamental upside is further supported by a sharply improved FY26 operating margin guide to about 16%, roughly $100 million of annualized savings, and continued reinvestment into CRM, Service, and AI to deepen expansion across a large TAM.
Bears say
Monday.Com is facing a tougher fundamental setup because its growth is becoming more dependent on upmarket execution just as down-market conditions remain soft and the company is still proving out a larger enterprise sales motion. While 175 net new $100k+ adds and 15 net new $500k+ adds show strong traction, total NRR slipped to 109% and is expected to end the year at 108%, signaling slower expansion as pricing tailwinds fade and multi-product upsell weakens. At the same time, the business remains highly competitive, derives virtually all revenue from one product, and is still under pressure to translate heavy AI, R&D, and restructuring investment into durable operating margin scale and steadier free cash flow.
This aggregate rating is based on analysts' research of monday.com and is not a guaranteed prediction by Public.com or investment advice.
monday.com (MNDY) Analyst Forecast & Price Prediction
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