Marvell shares spike amid report SoftBank explored possible takeover
Investing.com - DA Davidson maintained its Buy rating and $275.00 price target on monday.com Ltd. (NASDAQ:MNDY) on Monday , November 03, 2025. According to InvestingPro data, the company is currently trading at $205.24, representing a potential 34% upside to the analyst’s target.
The firm expressed optimism ahead of monday.com’s upcoming earnings report, citing an inflection in website traffic growth that suggests potential upside to current estimates. With earnings scheduled for November 10 (just 7 days away) and analysts expecting the company to be profitable this year, investors are closely watching this high-growth software provider that boasts impressive 89.42% gross profit margins.
DA Davidson noted that monday.com shares remain approximately 20% below their levels prior to last quarter’s results, following what it described as an "excessive sell-off" sparked by concerns about Google Search algorithm changes.
Website traffic data indicates the company has "successfully navigated" the algorithm changes that previously raised fears about monday.com’s growth strategy, according to the research note.
The firm highlighted monday.com as one of its "top picks near term" while maintaining its previous price target of $275.00.
In other recent news, monday.com Ltd. has been the focus of several analyst evaluations and updates. Piper Sandler lowered its price target for monday.com to $275 from $300, citing slightly lower growth assumptions and increased near-term risks, while maintaining an Overweight rating. Similarly, Cantor Fitzgerald adjusted its price target to $257 from $286, noting positive opportunities in cross-selling and AI solutions but expressing concerns over SEO pressures related to Google Search. DA Davidson reiterated its Buy rating with a $275 price target after attending the company’s Elevate user conference, expressing confidence in monday.com’s long-term growth. Needham also maintained a Buy rating and a $250 price target, highlighting the company’s evolution into an AI-powered work execution platform. Additionally, KeyBanc kept its Overweight rating and set a $330 price target, noting monday.com’s 2027 revenue target of $1.8 billion, which management describes as a base case scenario. These developments provide investors with insights into the company’s strategic direction and financial expectations.
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