monday.com (MNDY) Stock Forecast, Price & News

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for monday.com in the last year. There are currently 2 hold ratings and 13 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MNDY shares.
View MNDY analyst ratings or view top-rated stocks.

15 Wall Street analysts have issued 12 month price targets for monday.com's shares. Their MNDY share price forecasts range from $170.00 to $234.00. On average, they expect the company's stock price to reach $198.33 in the next year. This suggests a possible upside of 24.3% from the stock's current price.
View analysts price targets for MNDY or view top-rated stocks among Wall Street analysts.

monday.com's stock was trading at $122.00 at the beginning of 2023. Since then, MNDY stock has increased by 30.7% and is now trading at $159.51.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our MNDY earnings forecast.

monday.com Ltd. (NASDAQ:MNDY) released its earnings results on Monday, August, 14th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.24. The company earned $175.70 million during the quarter, compared to analysts' expectations of $169.25 million. monday.com had a negative trailing twelve-month return on equity of 6.92% and a negative net margin of 7.40%. monday.com's quarterly revenue was up 42.0% compared to the same quarter last year. During the same period last year, the business posted ($1.01) earnings per share.

ETFs with the largest weight of monday.com (NASDAQ:MNDY) stock in their portfolio include BlueStar Israel Technology ETF (ITEQ), SoFi Be Your Own Boss ETF (BYOB), SoFi Be Your Own Boss ETF (GIGE), VanEck Israel ETF (ISRA), iShares Virtual Work and Life Multisector ETF (IWFH), Franklin Exponential Data ETF (XDAT), ARK Israel Innovative Technology ETF (IZRL) and iShares MSCI Israel ETF (EIS).

monday.com updated its third quarter 2023 earnings guidance on Monday, August, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $181.00 million-$183.00 million, compared to the consensus revenue estimate of $179.36 million.

(MNDY) raised $490 million in an initial public offering (IPO) on Thursday, June 10th 2021. The company issued 3,700,000 shares at a price of $125.00-$140.00 per share. Goldman Sachs, J.P. Morgan, Allen & Co. and Jefferies acted as the underwriters for the IPO and William Blair, Piper Sandler, Oppenheimer & Co., Canaccord Genuity, Cowen, Needham & Co., Academy Securities, Loop Capital Markets, Ramirez & Co., Siebert Williams Shank and Tigress Financial Partners were co-managers.

monday.com trades on the NASDAQ under the ticker symbol "MNDY."

Shares of MNDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of MNDY stock can currently be purchased for approximately $159.51.

monday.com (NASDAQ:MNDY) has a market capitalization of $7.04 billion and generates $519.03 million in revenue each year. The company earns $-136,870,000.00 in net income (profit) each year or ($1.00) on an earnings per share basis.

The company employs 1,549 workers across the globe.

The official website for the company is monday.com. The company can be reached via phone at 972-55-939-7720 or via email at ir@monday.com.