monday.com (NASDAQ:MNDY – Get Free Report)‘s stock had its “neutral” rating reiterated by stock analysts at Piper Sandler in a research report issued on Monday,Benzinga reports. They currently have a $90.00 price target on the stock. Piper Sandler’s price target would suggest a potential upside of 2.53% from the company’s current price.
A number of other research firms have also recently issued reports on MNDY. UBS Group decreased their price target on shares of monday.com from $93.00 to $85.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Capital One Financial lowered monday.com from an “overweight” rating to an “equal weight” rating and set a $95.00 price objective on the stock. in a research note on Monday. Weiss Ratings reissued a “sell (d+)” rating on shares of monday.com in a research report on Thursday, June 11th. Citigroup decreased their target price on monday.com from $176.00 to $154.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Finally, BTIG Research lowered their target price on monday.com from $115.00 to $105.00 and set a “buy” rating on the stock in a report on Tuesday, July 14th. Seventeen analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $125.46.
Check Out Our Latest Analysis on monday.com
monday.com Stock Down 5.7%
monday.com (NASDAQ:MNDY – Get Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $1.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.37. monday.com had a net margin of 9.17% and a return on equity of 5.10%. The business had revenue of $364.62 million during the quarter, compared to the consensus estimate of $355.55 million. During the same period in the prior year, the firm earned $1.09 EPS. monday.com’s quarterly revenue was up 21.9% compared to the same quarter last year. On average, analysts forecast that monday.com will post 1.59 EPS for the current year.
Institutional Trading of monday.com
Institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC boosted its stake in monday.com by 2,120.0% during the first quarter. NewEdge Advisors LLC now owns 111 shares of the company’s stock worth $27,000 after buying an additional 106 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of monday.com by 75.3% during the 2nd quarter. American Century Companies Inc. now owns 4,192 shares of the company’s stock worth $1,318,000 after acquiring an additional 1,801 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of monday.com by 76.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 150 shares of the company’s stock worth $47,000 after acquiring an additional 65 shares during the period. Cerity Partners LLC boosted its position in shares of monday.com by 28.8% during the 2nd quarter. Cerity Partners LLC now owns 2,596 shares of the company’s stock valued at $816,000 after acquiring an additional 580 shares in the last quarter. Finally, WINTON GROUP Ltd acquired a new stake in shares of monday.com during the 2nd quarter valued at about $398,000. Institutional investors and hedge funds own 73.70% of the company’s stock.
Trending Headlines about monday.com
Here are the key news stories impacting monday.com this week:
- Positive Sentiment: monday.com reported second-quarter adjusted EPS of $1.48, well above the $1.11–$1.14 analyst consensus, while revenue of $364.62 million also exceeded expectations of approximately $355.55 million. Revenue increased 21.9% year over year, and profitability improved. Monday.com Q2 earnings report
- Positive Sentiment: Management is repositioning the business around its AI Work Platform and larger enterprise customers, a strategy that could support longer-term growth and operating efficiency. monday.com Q2 earnings call transcript
- Neutral Sentiment: The company forecast third-quarter revenue of $368 million to $370 million, implying year-over-year growth of 16% to 17%, and reaffirmed its full-year 2026 revenue outlook rather than raising it after the quarterly beat. monday.com revenue outlook report
- Negative Sentiment: Third-quarter revenue guidance was below Wall Street’s consensus estimate of approximately $372.8 million. The implied slowdown in growth overshadowed the earnings beat and prompted investors to lower near-term expectations. monday.com Q3 outlook report
- Negative Sentiment: The planned restructuring includes a workforce reduction of roughly 20%, or about 630 employees, as monday.com shifts resources toward AI. While potentially beneficial over time, the move introduces execution and disruption risks and reinforces concerns about slowing growth. monday.com AI restructuring report
monday.com Company Profile
monday.com is a software-as-a-service (SaaS) company that provides a cloud-based Work Operating System (Work OS) designed to help teams plan, organize and track their work. The platform offers customizable workflows that support project management, task delegation, time tracking and collaboration across departments. monday.com’s visual interface enables users to create boards, automations and dashboards to centralize information and streamline processes without requiring extensive coding knowledge.
The company’s product portfolio includes monday Work OS, which can be adapted for use cases ranging from marketing campaign management and sales pipelines to software development sprints and human resources onboarding.
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