monday.com (NASDAQ:MNDY) Stock Price Down 9.7% - What's Next?

Key Points

• monday.com shares fell roughly 9.7% intraday to about $62.94 (from $69.74) while trading volume was just 334,646 shares—about an 85% decline versus the average session volume.
• The selloff was driven primarily by a wave of securities class actions and solicitor notices alleging undisclosed revenue risks, increasing potential legal exposure, defense costs and the chance of consolidated litigation.
• Analysts have cut price targets (e.g., UBS to $93, Barclays to $95) but the consensus remains a Moderate Buy with an average target near $151.83; the company recently beat quarterly EPS estimates and reported 24.6% year‑over‑year revenue growth.

monday.com Ltd. (NASDAQ:MNDY - Get Free Report) traded down 9.7% during mid-day trading on Thursday . The company traded as low as $63.35 and last traded at $62.9410. 334,646 shares traded hands during trading, a decline of 85% from the average session volume of 2,239,786 shares. The stock had previously closed at $69.74.

Trending Headlines about monday.com

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

• Positive Sentiment: Recent market bounce: an analyst note highlighted that monday.com outperformed the broader market in the most recent trading session, signaling some short‑term buying interest ahead of the legal developments. Monday.com (MNDY) Outperforms Broader Market: What You Need to Know
• Neutral Sentiment: Analyst commentary: a finance piece asks whether investors should reassess MNDY after its sharp price slide, providing context on valuation, technicals and risk/reward but not adding new company disclosures. This type of coverage can amplify volatility without changing fundamentals. Is It Time To Reassess monday.com (MNDY) After Its Sharp Share Price Slide
• Negative Sentiment: Multiple class actions and investor‑solicitation notices filed or announced by law firms allege undisclosed revenue risks and seek lead plaintiffs for the Sept. 17, 2025–Feb. 6, 2026 class period; this flood of litigation notices is the primary driver of selling pressure because it raises potential legal exposure, defense costs and management distraction. Representative filings/alerts include PR Newswire and Rosen/Pomerantz/Bernstein advisories. monday.com Ltd. (MNDY) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Class Action Lawsuit Has Been Filed Against monday.com Ltd. (MNDY)
• Negative Sentiment: Ongoing solicitor notices: several additional firms (Levi & Korsinsky, Faruqi & Faruqi, Glancy, Bronstein, Rosen, etc.) are actively soliciting lead‑plaintiff roles and reminding investors of a May 11 deadline — increasing publicity and the chance of consolidated litigation. MNDY Investor Alert: monday.com Ltd. Securities Fraud Lawsuit - SueWallSt

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. UBS Group decreased their price objective on shares of monday.com from $140.00 to $93.00 and set a "neutral" rating for the company in a report on Tuesday, February 10th. Barclays decreased their price objective on shares of monday.com from $115.00 to $95.00 and set an "overweight" rating for the company in a report on Monday. Zacks Research upgraded shares of monday.com from a "hold" rating to a "strong-buy" rating in a report on Thursday, April 2nd. Citigroup decreased their price objective on shares of monday.com from $230.00 to $176.00 and set a "buy" rating for the company in a report on Tuesday, February 10th. Finally, Canaccord Genuity Group decreased their price objective on shares of monday.com from $190.00 to $140.00 and set a "buy" rating for the company in a report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $151.83.

monday.com Stock Down 10.4%

The business's fifty day moving average is $71.33 and its 200 day moving average is $124.29. The firm has a market capitalization of $3.20 billion, a price-to-earnings ratio of 27.78, a price-to-earnings-growth ratio of 1.36 and a beta of 1.29.

monday.com (NASDAQ:MNDY - Get Free Report) last issued its quarterly earnings data on Monday, February 9th. The company reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.13. monday.com had a net margin of 9.64% and a return on equity of 4.80%. The business had revenue of $333.88 million for the quarter, compared to analyst estimates of $329.71 million. During the same period last year, the business posted $1.08 earnings per share. The firm's quarterly revenue was up 24.6% on a year-over-year basis. Equities research analysts expect that monday.com Ltd. will post 1.83 EPS for the current year.

Institutional Investors Weigh In On monday.com

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC lifted its stake in monday.com by 76.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 150 shares of the company's stock valued at $47,000 after acquiring an additional 65 shares in the last quarter. CoreCap Advisors LLC lifted its stake in monday.com by 29.8% in the 4th quarter. CoreCap Advisors LLC now owns 388 shares of the company's stock valued at $57,000 after acquiring an additional 89 shares in the last quarter. Rafferty Asset Management LLC lifted its stake in monday.com by 5.3% in the 3rd quarter. Rafferty Asset Management LLC now owns 1,802 shares of the company's stock valued at $349,000 after acquiring an additional 91 shares in the last quarter. NewEdge Advisors LLC lifted its stake in monday.com by 2,120.0% in 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 in the last quarter. Finally, Hazlett Burt & Watson Inc. lifted its stake in monday.com by 84.4% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 295 shares of the company's stock valued at $57,000 after acquiring an additional 135 shares in the last quarter. 73.70% of the stock is currently owned by institutional investors and hedge funds.

monday.com Company Profile

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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