monday.com (NASDAQ:MNDY) Downgraded to "Equal Weight" Rating by Capital One Financial

Key Points

• Capital One Financial downgraded monday.com from “overweight” to “equal weight” and set a $95 price target, implying 8.91% upside from the prior close.
• monday.com shares fell 6.3% to $87.22, despite the stock maintaining a “Moderate Buy” consensus rating and an average analyst price target of $125.46.
• The company exceeded quarterly earnings and revenue expectations, but third-quarter revenue guidance of $368 million–$370 million fell below consensus, raising concerns about slowing growth.

monday.com (NASDAQ:MNDY - Get Free Report) was downgraded by equities research analysts at Capital One Financial from an "overweight" rating to an "equal weight" rating in a research report issued on Monday. They currently have a $95.00 target price on the stock. Capital One Financial's price objective suggests a potential upside of 8.91% from the company's previous close.

Several other research firms also recently commented on MNDY. Canaccord Genuity Group lowered their target price on shares of monday.com from $140.00 to $115.00 and set a "buy" rating on the stock in a research report on Tuesday, May 12th. Tigress Financial reduced their price objective on shares of monday.com to $165.00 and set a "buy" rating for the company in a research note on Friday, May 22nd. Piper Sandler boosted their target price on shares of monday.com from $85.00 to $90.00 and gave the stock a "neutral" rating in a research report on Monday, May 11th. Cantor Fitzgerald restated an "overweight" rating and set a $112.00 price target on shares of monday.com in a report on Monday, August 3rd. Finally, Zacks Research downgraded monday.com from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 1st. Seventeen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $125.46.

monday.com Stock Down 6.3%

Shares of MNDY traded down $5.91 during midday trading on Monday, reaching $87.22. 3,556,081 shares of the stock were exchanged, compared to its average volume of 1,995,283. The company has a market cap of $4.46 billion, a price-to-earnings ratio of 37.84, a P/E/G ratio of 4.66 and a beta of 1.24. monday.com has a 12-month low of $57.50 and a 12-month high of $220.80. The firm has a 50 day simple moving average of $80.75 and a 200-day simple moving average of $79.61.

monday.com (NASDAQ:MNDY - Get Free Report) last released its quarterly earnings data on Monday, August 10th. The company reported $1.48 EPS for the quarter, topping analysts' consensus estimates of $1.11 by $0.37. The firm had revenue of $364.62 million for the quarter, compared to the consensus estimate of $355.55 million. monday.com had a return on equity of 5.10% and a net margin of 9.17%.The firm's revenue was up 21.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.09 earnings per share. Research analysts expect that monday.com will post 1.59 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Migdal Insurance & Financial Holdings Ltd. lifted its stake in monday.com by 75.9% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 139,009 shares of the company's stock valued at $20,512,000 after buying an additional 60,000 shares in the last quarter. SEB Asset Management AB acquired a new stake in shares of monday.com in the first quarter valued at approximately $1,639,000. Swiss National Bank boosted its holdings in monday.com by 28.6% during the first quarter. Swiss National Bank now owns 159,100 shares of the company's stock worth $10,995,000 after purchasing an additional 35,400 shares during the last quarter. NewEdge Wealth LLC acquired a new stake in monday.com in the 4th quarter valued at $5,635,000. Finally, Empowered Funds LLC boosted its position in monday.com by 4,194.6% during the first quarter. Empowered Funds LLC now owns 14,430 shares of the company's stock valued at $997,000 after purchasing an additional 14,094 shares during the last quarter. 73.70% of the stock is owned by institutional investors.

monday.com News Roundup

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

• Positive Sentiment: monday.com reported second-quarter adjusted EPS of $1.48, well above the $1.11–$1.14 analyst consensus, while revenue of $364.62 million also exceeded expectations of approximately $355.55 million. Revenue increased 21.9% year over year, and profitability improved. Monday.com Q2 earnings report
• Positive Sentiment: Management is repositioning the business around its AI Work Platform and larger enterprise customers, a strategy that could support longer-term growth and operating efficiency. monday.com Q2 earnings call transcript
• Neutral Sentiment: The company forecast third-quarter revenue of $368 million to $370 million, implying year-over-year growth of 16% to 17%, and reaffirmed its full-year 2026 revenue outlook rather than raising it after the quarterly beat. monday.com revenue outlook report
• Negative Sentiment: Third-quarter revenue guidance was below Wall Street’s consensus estimate of approximately $372.8 million. The implied slowdown in growth overshadowed the earnings beat and prompted investors to lower near-term expectations. monday.com Q3 outlook report
• Negative Sentiment: The planned restructuring includes a workforce reduction of roughly 20%, or about 630 employees, as monday.com shifts resources toward AI. While potentially beneficial over time, the move introduces execution and disruption risks and reinforces concerns about slowing growth. monday.com AI restructuring report

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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