monday.com (NASDAQ:MNDY - Get Free Report) had its target price decreased by analysts at JPMorgan Chase & Co. from $87.00 to $84.00 in a report released on Tuesday, Benzinga reports. The brokerage presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective would suggest a potential upside of 11.49% from the company's current price.
Several other equities analysts have also weighed in on MNDY. TD Cowen reduced their price objective on monday.com from $105.00 to $95.00 and set a "hold" rating on the stock in a research note on Tuesday. Oppenheimer set a $90.00 target price on monday.com in a research note on Monday. UBS Group restated a "buy" rating on shares of monday.com in a research note on Tuesday, October 27th. Barclays cut their price objective on monday.com from $100.00 to $91.00 and set an "equal weight" rating on the stock in a research note on Tuesday. Finally, Wolfe Research downgraded shares of monday.com from an "outperform" rating to a "peer perform" rating in a research report on Tuesday, August 11th. Ten analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the company's stock. Based on data from MarketBeat, monday.com has an average rating of "Hold" and an average target price of $103.52.
Read Our Latest Research Report on MNDY
monday.com Price Performance
MNDY traded down $4.59 during trading on Tuesday, hitting $75.34. The company's stock had a trading volume of 666,836 shares, compared to its average volume of 1,755,394. The stock has a market cap of $3.85 billion, a PE ratio of 32.00, a PEG ratio of 2.18 and a beta of 1.06. monday.com has a twelve month low of $57.50 and a twelve month high of $169.76. The firm's 50 day moving average price is $90.30 and its 200-day moving average price is $82.81.
monday.com (NASDAQ:MNDY - Get Free Report) last released its earnings results on Monday, November 9th. The company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.73. The firm had revenue of $377.54 million for the quarter, compared to the consensus estimate of $369.17 million. monday.com had a return on equity of 9.09% and a net margin of 8.87%. The firm's revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.16 earnings per share. Equities analysts anticipate that monday.com will post 2.34 earnings per share for the current year.
Insider Buying and Selling
In other monday.com news, Director Aviad Eyal sold 2,000 shares of the company's stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $100.04, for a total value of $200,080.00. Following the completion of the sale, the director directly owned 203,455 shares of the company's stock, valued at approximately $20,353,638.20. This represents a 0.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 22.30% of the company's stock.
Institutional Investors Weigh In On monday.com
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Renaissance Technologies LLC boosted its holdings in shares of monday.com by 93.3% in the first quarter. Renaissance Technologies LLC now owns 2,181,990 shares of the company's stock worth $150,797,000 after buying an additional 1,052,900 shares during the period. RPD Fund Management LLC acquired a new stake in shares of monday.com during the first quarter worth approximately $17,529,000. Russell Investments Group Ltd. boosted its holdings in shares of monday.com by 4,477.7% during the third quarter. Russell Investments Group Ltd. now owns 178,530 shares of the company's stock worth $13,946,000 after purchasing an additional 174,630 shares during the period. Bank of America Corp DE grew its position in monday.com by 33.6% during the first quarter. Bank of America Corp DE now owns 194,635 shares of the company's stock valued at $13,451,000 after purchasing an additional 49,002 shares in the last quarter. Finally, Swiss National Bank grew its position in monday.com by 28.6% during the first quarter. Swiss National Bank now owns 159,100 shares of the company's stock valued at $10,995,000 after purchasing an additional 35,400 shares in the last quarter. Institutional investors and hedge funds own 73.70% of the company's stock.
More monday.com News
Here are the key news stories impacting monday.com this week:
- Positive Sentiment: Third-quarter results beat expectations: earnings were $2.14 per share versus a $1.41 consensus, while revenue rose 19.1% year over year to $377.5 million. A report said cost reductions helped lift non-GAAP operating margin to a record 24%. MNDY Q3 Earnings Beat Estimates on Cost Cuts, Revenues Rise Y/Y
- Positive Sentiment: AI features generated $36 million in annual recurring revenue, and BTIG, Morgan Stanley and Wells Fargo maintained positive ratings despite lowering their price targets. Monday.com: 3 Key Takeaways for Long-Term Investors
- Neutral Sentiment: Full-year revenue guidance was about in line with expectations, at roughly $1.5 billion. monday.com Expects 2026 Revenue Range
- Negative Sentiment: Fourth-quarter revenue guidance of $380 million–$382 million came in below the roughly $385.5 million consensus. The company cited slower demand and longer enterprise sales cycles, raising concerns about growth and the near-term effects of its AI and upmarket strategy. Shares Sink as Weak Guidance Overshadows Q3 Results
- Negative Sentiment: Several firms reduced price targets; Needham and Canaccord downgraded MNDY from Buy to Hold. These revisions suggest less confidence in the stock’s near-term outlook, even though some firms’ targets remain above its recent trading level. Needham Downgrades monday.com to Hold From Buy
About monday.com
(
Get Free Report)
monday.com Ltd. is a software company that provides a cloud-based platform for organizations to plan, manage and track work. Founded in 2012 as dapulse, the company adopted the monday.com name in 2017. Its products include monday work management, monday CRM, monday dev and monday service. The platform offers tools for project and workflow management, customer relationship management, software development and service operations, with features for collaboration, automation and reporting. Headquartered in Tel Aviv, Israel, monday.com serves customers across a range of industries and geographies.
Further Reading
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