monday.com Ltd. (NASDAQ:MNDY - Get Free Report)'s stock price was up 5.1% on Tuesday . The company traded as high as $195.48 and last traded at $195.50. Approximately 196,233 shares were traded during trading, a decline of 80% from the average daily volume of 980,559 shares. The stock had previously closed at $186.02.
Analysts Set New Price Targets
A number of equities analysts recently weighed in on MNDY shares. Cantor Fitzgerald dropped their target price on shares of monday.com from $286.00 to $257.00 and set an "overweight" rating for the company in a research report on Thursday, September 18th. The Goldman Sachs Group dropped their target price on shares of monday.com from $350.00 to $270.00 and set a "buy" rating for the company in a research report on Wednesday, August 13th. Baird R W upgraded shares of monday.com from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 6th. Robert W. Baird dropped their target price on shares of monday.com from $310.00 to $240.00 and set an "outperform" rating for the company in a research report on Tuesday, August 12th. Finally, Citigroup upped their price target on shares of monday.com from $326.00 to $332.00 and gave the company a "buy" rating in a research note on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, monday.com has an average rating of "Moderate Buy" and an average target price of $290.81.
View Our Latest Research Report on MNDY
monday.com Stock Up 4.6%
The firm has a market cap of $9.88 billion, a PE ratio of 264.10, a P/E/G ratio of 8.58 and a beta of 1.24. The company's 50 day moving average price is $188.28 and its two-hundred day moving average price is $247.36.
monday.com (NASDAQ:MNDY - Get Free Report) last announced its earnings results on Monday, August 11th. The company reported $1.09 earnings per share for the quarter, beating 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 business had revenue of $299.01 million for the quarter, compared to the consensus estimate of $293.60 million. During the same quarter in the prior year, the firm posted $0.94 earnings per share. The business'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. On average, analysts expect that monday.com Ltd. will post 0.46 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Paradice Investment Management LLC bought a new position in monday.com during the 3rd quarter worth about $202,000. SWS Partners bought a new position in monday.com during the 3rd quarter worth about $1,195,000. Blue Trust Inc. grew its holdings in monday.com by 29.0% during the 3rd quarter. Blue Trust Inc. now owns 1,998 shares of the company's stock worth $387,000 after acquiring an additional 449 shares in the last quarter. Vontobel Holding Ltd. grew its holdings in monday.com by 48.5% during the 3rd quarter. Vontobel Holding Ltd. now owns 1,311 shares of the company's stock worth $254,000 after acquiring an additional 428 shares in the last quarter. Finally, Viking Fund Management LLC grew its holdings in monday.com by 42.9% during the 3rd quarter. Viking Fund Management LLC now owns 10,000 shares of the company's stock worth $1,937,000 after acquiring an additional 3,000 shares in the last quarter. 73.70% of the stock is currently owned by institutional investors.
About monday.com
(
Get Free Report)
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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