monday.com’s (MNDY) Buy Rating Reiterated at Needham & Company LLC

Posted by Brenda Bartman on Oct 30th, 2026

Needham & Company LLC reiterated their buy rating on shares of monday.com (NASDAQ:MNDY – Free Report) in a research note released on Tuesday, MarketBeat.com reports. They currently have a $125.00 target price on the stock.

A number of other equities research analysts have also recently issued reports on the stock. Wolfe Research cut shares of monday.com from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, August 11th. TD Cowen reissued a “buy” rating and issued a $110.00 price target on shares of monday.com in a report on Tuesday, August 11th. BTIG Research restated a “buy” rating and set a $105.00 price objective on shares of monday.com in a research report on Monday, August 10th. Wall Street Zen downgraded shares of monday.com from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Finally, Cantor Fitzgerald lowered shares of monday.com from an “overweight” rating to a “neutral” rating and dropped their target price for the company from $112.00 to $90.00 in a research report on Monday, August 10th. Thirteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, monday.com currently has a consensus rating of “Moderate Buy” and an average target price of $111.70.

View Our Latest Report on monday.com

monday.com Trading Down 3.1%

NASDAQ MNDY opened at $94.78 on Tuesday. The stock has a market capitalization of $4.85 billion, a price-to-earnings ratio of 40.33, a PEG ratio of 2.21 and a beta of 1.14. The stock has a 50-day moving average of $90.69 and a 200 day moving average of $84.25. monday.com has a twelve month low of $57.50 and a twelve month high of $210.49.

monday.com (NASDAQ:MNDY – Get Free Report) last issued its quarterly earnings data on Monday, August 10th. The company reported $1.48 EPS for the quarter, beating the consensus estimate of $1.11 by $0.37. The company had revenue of $364.62 million for the quarter, compared to analyst estimates of $355.55 million. monday.com had a return on equity of 9.09% and a net margin of 8.87%. monday.com’s quarterly revenue was up 21.9% compared to the same quarter last year. During the same period last year, the company earned $1.09 earnings per share. Equities analysts predict that monday.com will post 2.34 EPS for the current fiscal year.

Insider Activity

In other news, Director Aviad Eyal sold 2,000 shares of the company’s stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $100.04, for a total transaction of $200,080.00. Following the completion of the sale, the director owned 203,455 shares of the company’s stock, valued at $20,353,638.20. This represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 22.30% of the stock is owned by insiders.

Institutional Trading of monday.com

Large investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC lifted its stake in monday.com by 498.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 425 shares of the company’s stock worth $29,000 after purchasing an additional 354 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new stake in shares of monday.com in the third quarter valued at approximately $201,000. Quadrant Capital Group LLC purchased a new stake in shares of monday.com in the third quarter valued at approximately $235,000. Evanson Financial LLC purchased a new stake in shares of monday.com in the second quarter valued at approximately $219,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of monday.com in the third quarter valued at approximately $240,000. Hedge funds and other institutional investors own 73.70% of the company’s stock.

About monday.com

(Get Free Report)

monday.com Ltd. is a software company that provides a cloud-based Work Operating System (Work OS) designed to help organizations manage projects, workflows and business operations. Its platform uses configurable boards, dashboards, automations, integrations and collaboration tools, enabling teams to organize work and build workflows without extensive software development.

The company offers products tailored to several business functions, including monday work management for project and task coordination, monday CRM for sales and customer relationship processes, monday dev for software development teams, and monday service for managing customer support and service operations.