monday.com (NASDAQ:MNDY - Get Free Report) had its price objective decreased by research analysts at Piper Sandler from $300.00 to $275.00 in a research note issued to investors on Thursday, Marketbeat reports. The firm presently has an "overweight" rating on the stock. Piper Sandler's price objective points to a potential upside of 28.73% from the company's current price.
MNDY has been the topic of a number of other research reports. Oppenheimer began coverage on monday.com in a research report on Wednesday, August 27th. They issued an "outperform" rating and a $300.00 price target on the stock. UBS Group reduced their target price on monday.com from $310.00 to $215.00 and set a "neutral" rating on the stock in a report on Tuesday, August 12th. Citigroup lowered their price target on shares of monday.com from $381.00 to $326.00 and set a "buy" rating for the company in a report on Tuesday, August 12th. TD Cowen dropped their price target on shares of monday.com from $360.00 to $290.00 and set a "buy" rating on the stock in a research report on Tuesday, August 12th. Finally, Wall Street Zen cut shares of monday.com from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, monday.com presently has an average rating of "Moderate Buy" and a consensus target price of $296.86.
Check Out Our Latest Stock Report on monday.com
monday.com Stock Down 2.5%
monday.com stock traded down $5.53 during trading hours on Thursday, hitting $213.62. The stock had a trading volume of 610,968 shares, compared to its average volume of 962,449. The stock has a market cap of $10.85 billion, a price-to-earnings ratio of 288.61, a P/E/G ratio of 10.36 and a beta of 1.25. monday.com has a one year low of $166.22 and a one year high of $342.64. The business's 50 day simple moving average is $221.20 and its 200-day simple moving average is $256.53.
monday.com (NASDAQ:MNDY - Get Free Report) last posted its earnings results on Monday, August 11th. The company reported $1.09 EPS for the quarter, beating the consensus estimate of $0.84 by $0.25. The firm had revenue of $299.01 million during the quarter, compared to the consensus estimate of $293.60 million. monday.com had a return on equity of 6.32% and a net margin of 3.63%.The business's quarterly revenue was up 26.6% on a year-over-year basis. During the same period last year, the company earned $0.94 earnings per share. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Research analysts anticipate that monday.com will post 0.46 EPS for the current fiscal year.
Institutional Investors Weigh In On monday.com
Several large investors have recently added to or reduced their stakes in the company. ASR Vermogensbeheer N.V. purchased a new position in monday.com in the 1st quarter valued at approximately $25,000. Summit Securities Group LLC purchased a new stake in monday.com in the first quarter valued at approximately $25,000. NewEdge Advisors LLC raised its position in shares of 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 buying an additional 106 shares in the last quarter. Grove Bank & Trust purchased a new stake in shares of monday.com during the 1st quarter valued at $30,000. Finally, First Horizon Advisors Inc. grew its position in monday.com by 72.9% in the first quarter. First Horizon Advisors Inc. now owns 166 shares of the company's stock worth $40,000 after acquiring an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 73.70% of the company's stock.
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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