Shares of monday.com Ltd. (NASDAQ:MNDY - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the twenty-six research firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, twenty-two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is $292.3636.
Several equities research analysts have issued reports on MNDY shares. The Goldman Sachs Group decreased their price objective on shares of monday.com from $350.00 to $270.00 and set a "buy" rating for the company in a research note on Wednesday, August 13th. Baird R W upgraded shares of monday.com from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 6th. Oppenheimer began coverage on shares of monday.com in a research note on Wednesday, August 27th. They issued an "outperform" rating and a $300.00 target price for the company. Wall Street Zen downgraded shares of monday.com from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Finally, Wells Fargo & Company began coverage on shares of monday.com in a research note on Tuesday. They issued an "overweight" rating and a $260.00 target price for the company.
Get Our Latest Report on MNDY
monday.com Stock Performance
Shares of MNDY stock opened at $182.26 on Friday. monday.com has a one year low of $166.22 and a one year high of $342.64. The company has a 50 day moving average price of $205.59 and a 200 day moving average price of $253.49. The firm has a market capitalization of $9.25 billion, a price-to-earnings ratio of 246.30, a price-to-earnings-growth ratio of 8.71 and a beta of 1.24.
monday.com (NASDAQ:MNDY - Get Free Report) last released its quarterly earnings data on Monday, August 11th. The company reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.25. monday.com had a net margin of 3.63% and a return on equity of 6.32%. The company had revenue of $299.01 million during the quarter, compared to the consensus estimate of $293.60 million. During the same period in the previous year, the firm earned $0.94 earnings per share. monday.com's revenue for the quarter was up 26.6% on a year-over-year basis. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. As a group, equities analysts forecast that monday.com will post 0.46 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in MNDY. ASR Vermogensbeheer N.V. bought a new position in monday.com during the 1st quarter valued at $25,000. Summit Securities Group LLC bought a new position in monday.com during the 1st quarter valued at $25,000. NewEdge Advisors LLC boosted its stake in monday.com by 2,120.0% during the 1st quarter. NewEdge Advisors LLC now owns 111 shares of the company's stock valued at $27,000 after acquiring an additional 106 shares during the last quarter. Grove Bank & Trust acquired a new stake in shares of monday.com during the first quarter worth $30,000. Finally, First Horizon Advisors Inc. raised its holdings in shares of monday.com by 72.9% during the first quarter. First Horizon Advisors Inc. now owns 166 shares of the company's stock worth $40,000 after purchasing an additional 70 shares during the period. 73.70% of the stock is currently owned by institutional investors.
About monday.com
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monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools.
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