Monday.com Ltd. (NASDAQ: MNDY) is spotlighted as one of the AI Stocks on the Market’s Radar. Guggenheim initiated coverage with a “Buy” rating and $250 price target, citing strong growth potential. The company has transitioned to a more sales-led approach and newer products like CRM, Dev, and Service are thriving.

AI features like vibe coding have led to over 60,000 applications created on Monday.com. Despite projecting 20% long-term growth, Guggenheim believes the stock’s valuation reflects a worst-case AI scenario, which they deem unjustified. The firm sees strong growth potential due to stable seat growth and customer expansion propensity.

Monday.com Ltd. (NASDAQ: MNDY) develops cloud-based software applications globally. While the company shows promise as an investment, other AI stocks may offer greater upside potential with less downside risk. For those seeking undervalued AI stocks, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Guggenheim Sees 20% Long-Term Growth for monday.com (MNDY) as AI Adoption Accelerates