Monday.com Ltd. (NASDAQ: MNDY) shares are trading lower on Thursday, with growth concerns due to declining SEO-driven traffic and rising marketing costs. Bank of America Securities downgraded the stock from Buy to Neutral, cutting the price forecast from $240 to $205. The analyst warned of potential self-serve headwinds. SEO-driven visits fell 23.5% year-over-year in the second quarter of 2025. Less than 30% of signups come from Google, with ongoing fundamental challenges and AI-driven search risks. Bullock trimmed 2026 revenue estimates and cut his price target to $205 from $240. If July 2025 traffic declines persist, Monday.com could face significant self-serve headwinds in the second half of 2025 and 2026. MNDY shares are trading lower by 1.33% to $171.07 at last check on Thursday.

Read more at Yahoo Finance: Monday.com Stock Slides As SEO Traffic Declines Raise Growth Fears