monday.com (NASDAQ:MNDY) Stock Gets Price Target Cut from Wells Fargo & Company

Posted by Geri Gentry on Nov 13th, 2026

monday.com (NASDAQ:MNDY – Free Report) had its target price trimmed by Wells Fargo & Company from $120.00 to $100.00 in a research note published on Tuesday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

MNDY has been the topic of several other research reports. Piper Sandler reaffirmed a “neutral” rating and issued a $90.00 price target on shares of monday.com in a research report on Thursday, October 29th. Barclays cut their price target on monday.com from $100.00 to $91.00 and set an “equal weight” rating for the company in a research note on Tuesday. Jefferies Financial Group decreased their price objective on monday.com from $95.00 to $90.00 and set a “hold” rating for the company in a report on Tuesday. Capital One Financial downgraded monday.com from an “overweight” rating to an “equal weight” rating and set a $95.00 price objective for the company. in a research note on Monday, August 10th. Finally, Guggenheim restated a “buy” rating and issued a $130.00 target price on shares of monday.com in a report on Tuesday, November 3rd. Nine equities research analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, monday.com has a consensus rating of “Hold” and an average price target of $103.09.

Check Out Our Latest Stock Analysis on monday.com

monday.com Trading Down 0.8%

monday.com stock opened at $77.04 on Tuesday. monday.com has a 1-year low of $57.50 and a 1-year high of $164.49. The firm has a market capitalization of $3.94 billion, a price-to-earnings ratio of 26.57, a price-to-earnings-growth ratio of 1.40 and a beta of 1.06. The firm’s fifty day moving average price is $89.08 and its two-hundred day moving average price is $82.03.

monday.com (NASDAQ:MNDY – Get Free Report) last issued its quarterly earnings data on Monday, November 9th. The company reported $2.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.41 by $0.73. The firm had revenue of $377.54 million during the quarter, compared to analysts’ expectations of $369.17 million. monday.com had a net margin of 10.05% and a return on equity of 16.75%. The business’s revenue was up 19.1% on a year-over-year basis. During the same period last year, the company earned $1.16 earnings per share. On average, research analysts forecast that monday.com will post 2.34 EPS for the current 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 value of $200,080.00. Following the completion of the sale, the director owned 203,455 shares in the company, valued at $20,353,638.20. This represents a 0.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Renaissance Technologies LLC boosted its holdings in monday.com by 93.3% during the first quarter. Renaissance Technologies LLC now owns 2,181,990 shares of the company’s stock worth $150,797,000 after purchasing an additional 1,052,900 shares during the last quarter. RPD Fund Management LLC bought a new stake in monday.com in the 1st quarter worth about $17,529,000. Russell Investments Group Ltd. grew its position in monday.com by 4,477.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 178,530 shares of the company’s stock worth $13,946,000 after purchasing an additional 174,630 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in monday.com in the 2nd quarter worth about $5,098,000. Finally, Bank of America Corp DE grew its position in monday.com by 33.6% in the 1st quarter. Bank of America Corp DE now owns 194,635 shares of the company’s stock worth $13,451,000 after purchasing an additional 49,002 shares in the last quarter. 73.70% of the stock is owned by institutional investors.

monday.com News Roundup

Here’s some of the latest news about MNDY:

Positive Sentiment: Morgan Stanley maintained a Buy rating, providing a counterpoint to the broader wave of cautious analyst actions. Morgan Stanley Remains a Buy on Monday.com
Negative Sentiment: Multiple firms cut price targets, including Wells Fargo, BTIG, Barclays, JPMorgan, Citi and UBS. Canaccord downgraded the stock, while Needham also lowered its rating to Hold, citing disappointing Q3 results. The breadth of these moves signals more cautious expectations for MNDY. Wells Fargo forecast Analyst insights
Negative Sentiment: Management’s discussion pointed to slowing revenue growth, longer sales cycles and weakness among small businesses, tempering optimism about AI monetization and enterprise expansion. Reports of heavy put-option buying also reflect bearish positioning, though options activity alone does not establish the market’s direction. Q3 Earnings Call Highlights Put options activity

About monday.com

(Get Free Report)

monday.com Ltd. is a software company that provides a cloud-based platform for organizations to plan, manage and track work. Founded in 2012 as dapulse, the company adopted the monday.com name in 2017. Its products include monday work management, monday CRM, monday dev and monday service. The platform offers tools for project and workflow management, customer relationship management, software development and service operations, with features for collaboration, automation and reporting. Headquartered in Tel Aviv, Israel, monday.com serves customers across a range of industries and geographies.