AlphAIAlphAI — Financial news for AI agents
investing.comSEP 292 min read$MNDY

JPMorgan cuts Monday.com to Neutral on slowing growth

JPMorgan downgraded Monday.com to Neutral, citing slowing growth and customer acquisition challenges. The bank set a $87 price target for December 2027. Analyst Samik Chatterjee noted a decline in new annual recurring revenue and longer sales cycles, partly due to a 20% workforce reduction. AI products contributed 17% of new ARR but less than 1% of total revenue. The stock closed at $79.05 on Monday, down 5.5%.

Original reporting
investing.com
Published Sep 29, 2026, 12:53 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 29, 2026, 1:08 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefTechnology
Primary signal
$MNDY
Bearish
medium confidence
Mentioned
$MNDY
Relevance
7/10
AlphAI data visualization · based on investing.com
Decision brief

The 30-second read

$MNDYBearishMed
01

Why it matters

The downgrade reflects concerns over new customer acquisition and may trigger short‑term selling.

02

Market read

Analyst downgrade with a lower price target is a fresh catalyst that can move the stock in the near term.

03

What to watch

Strong retention among >$100k customers may cushion revenue despite slower new ARR.

Relevance 7/10Novelty 7/10Timing: pre‑market today

Background

JPMorgan's analyst notes a 20% workforce reduction and longer sales cycles as headwinds for Monday.com.

Company-level read

Ticker impact

$MNDYBearishMedium confidence
Context

JPMorgan cut Monday.com to Neutral, lowered price target to $87 and cited slowing new ARR growth.

Expected impact

likely downward pressure as investors price in weaker growth outlook

Evidence & confidence

Downgrade is fresh, includes a lower price target and cites declining ARR, which typically triggers sell‑offs.

Market effects

Sector

May weigh on other work‑management SaaS peers as growth concerns spread.

Regional

Primarily U.S. tech sector; limited broader market effect.

Global

Low global impact beyond U.S. software equities.

Counterpoint

What could challenge this read

If AI revenue accelerates faster than expected, the downgrade could be premature.

Key entities

  • Company
    Monday.com

    Work‑management software provider.

  • Financial Institution
    JPMorgan

    Equity research analyst issuing the downgrade.

Read at source← All news

Also covered by

1 outlet

Related articles

OCT 17
$MNDYMed

Monday faces senior management exits amid AI restructuring

Israeli software company monday.com (MNDY) expects several senior management departures amid a restructuring and shift to AI-powered work platforms. The company announced a 20% workforce reduction in July, with restructuring costs estimated at $45M-$55M. Q2 2026 revenue was $364.6M, up 22% YoY, with net profit at $3.46M. Shares closed at $90, down 4% on the day and 37% YTD.

calcalistech.com2 min
OCT 17
$CRMMed

Notable analyst calls: Salesforce, Walmart and Lockheed Martin gain analyst support as tech downgrades mount

Bank of America upgraded Salesforce (CRM) to Buy, raising its price target to $285, citing AI adoption and strong free cash flow. Barclays downgraded Dell (DELL), HPE (HPE), NetApp (NTAP), HubSpot (HUBS), and monday.com (MNDY) due to AI growth concerns. Deutsche Bank upgraded Walmart (WMT) to Buy, targeting $136, citing inflation benefits. RBC downgraded GoDaddy (GDDY) to Sector Perform, citing AI's impact. MongoDB (MDB) ratings reaffirmed by Needham and BofA.

tradingview.com3 min
OCT 12
$MNDYMed

Barclays downgrades 2 software stocks ahead of Q3 earnings

Barclays downgraded HubSpot and Monday.com to Equal Weight, citing delayed AI-driven growth. Analyst Raimo Lenschow expects AI growth at DigitalOcean and Datadog, and emerging at Microsoft. DigitalOcean and CoreWeave raised prices due to AI demand, with potential for revenue beats. Payroll software companies Paycom and Paylocity may see earnings beats.

finance.yahoo.com2 min
SEP 30
$MNDYMed

Why is Monday.com stock rallying today?

Monday.com (MNDY) stock rose 5% after a prior downgrade and decline. JPMorgan cut its rating to Neutral, citing growth concerns. The company announced an AI-focused conference, and softer inflation data boosted tech stocks. Shares traded at $79.81, below the 52-week high of $210.49 but above the low of $57.50.

investing.com2 min