monday.com (NASDAQ:MNDY) Shares Gap Down on Analyst Downgrade

Posted by Brian Himes on Nov 11th, 2026

monday.com Ltd. (NASDAQ:MNDY – Get Free Report)’s share price gapped down prior to trading on Monday after UBS Group lowered their price target on the stock from $95.00 to $90.00. The stock had previously closed at $87.93, but opened at $83.00. UBS Group currently has a neutral rating on the stock. monday.com shares last traded at $84.1490, with a volume of 935,773 shares trading hands.

A number of other research analysts have also issued reports on MNDY. Canaccord Genuity Group lowered shares of monday.com from a “buy” rating to a “hold” rating and dropped their price objective for the company from $115.00 to $90.00 in a report on Monday. Needham & Company LLC downgraded shares of monday.com from a “buy” rating to a “hold” rating in a research note on Monday. Oppenheimer set a $90.00 price target on shares of monday.com in a report on Monday. Zacks Research downgraded monday.com from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 15th. Finally, Weiss Ratings raised monday.com from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, October 15th. Nine 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, the company has an average rating of “Hold” and an average price target of $103.09.

Get Our Latest Stock Analysis on monday.com

Insider Activity

In other news, Director Aviad Eyal sold 2,000 shares of the business’s stock in a transaction that occurred 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 transaction, the director owned 203,455 shares in the company, valued at approximately $20,353,638.20. The trade was a 0.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 22.30% of the company’s stock.

Key monday.com News

Here are the key news stories impacting monday.com this week:

Positive Sentiment: monday.com reported Q3 adjusted earnings of $2.14 per share, ahead of the roughly $1.41 consensus, while revenue of $377.5 million also topped estimates and grew 19.1% year over year. Cost reductions helped lift its non-GAAP operating margin to a record 24%. Q3 earnings beat estimates on cost cuts
Positive Sentiment: AI features are generating revenue, with AI-related annual recurring revenue reaching $36 million, while the company continues to pursue enterprise expansion. Monday.com: 3 key takeaways for long-term investors
Neutral Sentiment: Analysts cut targets across the board, though views remain mixed: Canaccord and Needham downgraded MNDY to Hold, while Loop Capital also lowered its target and maintained Hold. Other firms, including Citi and Morgan Stanley, retained Buy or Overweight ratings despite reductions. Canaccord downgrade Needham downgrade
Negative Sentiment: Q4 revenue guidance of $380 million–$382 million fell short of analysts’ roughly $385.5 million estimate. Investors are also weighing slower revenue growth, longer sales cycles, weakness among small-business customers, and a reported decline in retention—concerns that cloud the 2027 outlook. Q3 call highlights AI shift and growth pressures
Negative Sentiment: Options activity added a bearish signal: traders bought 14,663 put options on Nov. 9, about 550% above typical daily volume. Traders buy large volume of put options

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Global Retirement Partners LLC boosted its position in shares of monday.com by 600.0% during the 3rd quarter. Global Retirement Partners LLC now owns 896 shares of the company’s stock valued at $70,000 after purchasing an additional 768 shares in the last quarter. Virtus Advisers LLC bought a new stake in monday.com in the third quarter worth approximately $835,000. Diversified Trust Co bought a new stake in monday.com in the third quarter worth approximately $421,000. Russell Investments Group Ltd. lifted its stake in monday.com by 4,477.7% in the third quarter. Russell Investments Group Ltd. now owns 178,530 shares of the company’s stock valued at $13,946,000 after buying an additional 174,630 shares during the period. Finally, First Command Advisory Services Inc. acquired a new position in monday.com in the third quarter valued at approximately $200,000. 73.70% of the stock is owned by institutional investors.

monday.com Stock Performance

The stock has a market capitalization of $3.91 billion, a P/E ratio of 26.34, a PEG ratio of 1.80 and a beta of 1.06. The business has a fifty day simple moving average of $89.81 and a 200-day simple moving average of $82.56.

monday.com (NASDAQ:MNDY – Get Free Report) last announced its quarterly earnings data on Monday, November 9th. The company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.41 by $0.73. The company had revenue of $377.54 million during the quarter, compared to the consensus estimate of $369.17 million. monday.com had a net margin of 10.05% and a return on equity of 15.86%. The company’s quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.16 EPS. On average, sell-side analysts anticipate that monday.com Ltd. will post 2.34 earnings per share for the current year.

monday.com Company Profile

(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.