Piper Sandler lowered its price target on monday.com Ltd. (NASDAQ:MNDY) to $170 from $250, maintaining an Overweight rating. Revenue in Q3 of fiscal 2025 reached $317 million, with 26% YoY growth. The company, founded in 2012 and based in Tel Aviv, offers a Work Operating System supporting project management, CRM, and workflow automation. Despite valuation concerns in the software sector, the company’s revenue growth and AI use cases indicate continued demand for its platform.

Operationally, monday.com Ltd. (NASDAQ:MNDY) reported solid performance in the third quarter of fiscal 2025, with total revenue reaching $317 million, representing 26% year-over-year growth. Adoption of AI-driven offerings continues to scale, with more than 60,000 apps created using products such as Monday Vibe and Agent Factory since July, highlighting increasing customer engagement with automation and workflow tools.

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Read more at Yahoo Finance: Piper Sandler Cuts monday.com Ltd. (MNDY) Price Target to $170, Keeps Overweight Rating