monday.com (NASDAQ:MNDY) Cut to Hold at Piper Sandler

Key Points

• Piper Sandler downgraded monday.com from "overweight" to "hold" and set an $85 price target, implying about a 37.8% upside from the prior close.
• Other analysts have trimmed targets too; the consensus is a "Moderate Buy" with a $152.67 target, yet shares opened near a 52‑week low (~$61.69) and trade well below the 200‑day moving average, signaling investor weakness.
• Multiple law firms have filed or solicited securities class‑action claims alleging monday.com overstated its revenue trajectory (including the $1.8B FY2027 projection), a risk that could drive legal costs and weigh on sentiment.

monday.com (NASDAQ:MNDY - Get Free Report) was downgraded by investment analysts at Piper Sandler from an "overweight" rating to a "hold" rating in a note issued to investors on Tuesday, MarketBeat reports. They currently have a $85.00 price target on the stock. Piper Sandler's price target indicates a potential upside of 37.79% from the company's previous close.

A number of other research analysts also recently issued reports on the stock. Wells Fargo & Company decreased their target price on shares of monday.com from $200.00 to $130.00 and set an "overweight" rating for the company in a research report on Tuesday, February 10th. Jefferies Financial Group downgraded shares of monday.com from a "buy" rating to a "hold" rating and decreased their target price for the company from $260.00 to $80.00 in a research report on Monday, February 23rd. Morgan Stanley decreased their price target on monday.com from $236.00 to $200.00 and set an "overweight" rating for the company in a report on Tuesday, January 27th. Wolfe Research reissued an "outperform" rating and issued a $95.00 price target on shares of monday.com in a report on Monday, February 9th. Finally, Bank of America decreased their price target on monday.com from $157.00 to $95.00 and set a "neutral" rating for the company in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $152.67.

monday.com Stock Down 2.9%

monday.com stock opened at $61.69 on Tuesday. monday.com has a 52 week low of $57.50 and a 52 week high of $316.98. The company has a market capitalization of $3.16 billion, a price-to-earnings ratio of 27.42, a price-to-earnings-growth ratio of 1.27 and a beta of 1.29. The stock has a 50-day moving average price of $73.72 and a 200 day moving average price of $128.99.

monday.com (NASDAQ:MNDY - Get Free Report) last posted its earnings results on Monday, February 9th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.91 by $0.13. The company had revenue of $333.88 million during the quarter, compared to the consensus estimate of $329.71 million. monday.com had a net margin of 9.64% and a return on equity of 4.80%. The firm's quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.08 earnings per share. Research analysts anticipate that monday.com will post 0.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. WCM Investment Management LLC raised its stake in shares of monday.com by 2.8% during the 3rd quarter. WCM Investment Management LLC now owns 4,184,745 shares of the company's stock worth $843,519,000 after buying an additional 115,353 shares during the period. Ibex Investors LLC acquired a new position in shares of monday.com during the 3rd quarter worth about $34,864,000. Baillie Gifford & Co. raised its position in shares of monday.com by 136.5% during the 3rd quarter. Baillie Gifford & Co. now owns 708,278 shares of the company's stock worth $137,186,000 after purchasing an additional 408,848 shares during the last quarter. TenCore Partners LP raised its position in shares of monday.com by 42.2% during the 3rd quarter. TenCore Partners LP now owns 141,390 shares of the company's stock worth $27,386,000 after purchasing an additional 41,935 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. raised its position in shares of monday.com by 17.9% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 79,009 shares of the company's stock worth $15,303,000 after purchasing an additional 12,000 shares during the last quarter. 73.70% of the stock is owned by institutional investors and hedge funds.

More monday.com News

Here are the key news stories impacting monday.com this week:

• Positive Sentiment: Longer‑term bullish take: Seeking Alpha argues secular SaaS demand supports monday.com’s growth outlook, a reminder of the company’s addressable market and why some investors view recent weakness as a buying opportunity. monday.com: SaaS Is Here To Stay
• Neutral Sentiment: Zacks flags MNDY as a “trending” stock and summarizes factors investors should consider before trading the name — useful for retail/institutional interest but not a direct catalyst. monday.com Ltd. (MNDY) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Rosen Law Firm reminder: Rosen is urging purchasers of MNDY common stock during the class period to seek counsel ahead of the May 11 lead‑plaintiff deadline — an added sign of mounting litigation attention. ROSEN, HIGHLY RANKED INVESTOR COUNSEL, Encourages monday.com Ltd. Investors to Secure Counsel Before Important Deadline in Securities Class Action - MNDY
• Negative Sentiment: Multiple law‑firm alerts and a filed class action: The Gross Law Firm, Bernstein Liebhard LLP and others have issued shareholder alerts or announced filings targeting monday.com over the same Sept. 17, 2025–Feb. 6, 2026 window — increasing the likelihood of consolidated litigation and potential legal costs/distraction. MNDY Shareholder Alert: May 11, 2026 Lead Plaintiff Deadline in monday.com Ltd. Securities Class Action Lawsuit -- The Gross Law Firm SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Fraud Class Action Lawsuit Has Been Filed Against monday.com Ltd. (MNDY)
• Negative Sentiment: Allegation re: revenue guidance: Levi & Korsinsky’s alert highlights claims that monday.com overstated its revenue trajectory — specifically the company’s prior projection to reach $1.8B by FY2027 — a substantive allegation that can amplify investor concern about forward guidance credibility. MNDY Investor Alert: monday.com Ltd. Securities Fraud Lawsuit - Investors With Losses May Seek to Lead the Class Action After Allegedly Overstating Revenue Trajectory: Levi & Korsinsky
• Negative Sentiment: Additional plaintiff‑side solicitations: Faruqi & Faruqi, the Schall Law Firm, Portnoy Law Firm and the DJS Law Group are also notifying investors and soliciting plaintiffs — the sheer number of firms increases legal momentum and media coverage, pressuring sentiment. Faruqi & Faruqi, LLP Highlights Class Action Against monday.com (MNDY) and Upcoming Lead Plaintiff Deadline of May 11, 2026 MNDY Investors Have Opportunity to Lead monday.com Ltd. Securities Fraud Lawsuit with the Schall Law Firm monday.com Ltd. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - MNDY

About monday.com

monday.com is a software-as-a-service (SaaS) company that provides a cloud-based Work Operating System (Work OS) designed to help teams plan, organize and track their work. The platform offers customizable workflows that support project management, task delegation, time tracking and collaboration across departments. monday.com's visual interface enables users to create boards, automations and dashboards to centralize information and streamline processes without requiring extensive coding knowledge.

The company's product portfolio includes monday Work OS, which can be adapted for use cases ranging from marketing campaign management and sales pipelines to software development sprints and human resources onboarding.

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