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 twelve months. 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 1 year price targets for monday.com's stock. Their MNDY share price forecasts range from $170.00 to $234.00. On average, they anticipate the company's share price to reach $198.33 in the next twelve months. This suggests a possible upside of 26.1% 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 on January 1st, 2023. Since then, MNDY shares have increased by 29.0% and is now trading at $157.34.
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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) posted its earnings results on Monday, August, 14th. The company reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.24. The firm had revenue of $175.70 million for the quarter, compared to analysts' expectations of $169.25 million. monday.com had a negative net margin of 7.40% and a negative trailing twelve-month return on equity of 6.92%. The company's revenue for the quarter was up 42.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($1.01) EPS.

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 (EPS) 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 on Thursday, June 10th 2021. The company issued 3,700,000 shares at $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."

monday.com's stock is owned by many different institutional and retail investors. Top institutional shareholders include Insight Holdings Group LLC (14.99%), Sonnipe Ltd (9.47%), Franklin Resources Inc. (4.52%), 1832 Asset Management L.P. (2.14%), Acadian Asset Management LLC (1.90%) and Renaissance Technologies LLC (1.87%).

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.
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One share of MNDY stock can currently be purchased for approximately $157.34.

monday.com (NASDAQ:MNDY) has a market capitalization of $6.95 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.