monday.com (NASDAQ:MNDY) Stock Gets Price Target Trim from Barclays

monday.com (NASDAQ:MNDY) had its target price trimmed by Barclays from $100.00 to $91.00 in a research report sent to investors on Tuesday morning,Benzinga reports. The firm currently has an equal weight rating on the stock.

A number of other research analysts have also recently issued reports on MNDY. Oppenheimer set a $90.00 target price on monday.com in a research report on Monday. Canaccord Genuity Group downgraded monday.com from a “buy” rating to a “hold” rating and lowered their target price for the stock from $115.00 to $90.00 in a research note on Monday. Zacks Research cut shares of monday.com from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 15th. Guggenheim restated a “buy” rating and issued a $130.00 price target on shares of monday.com in a research note on Tuesday, November 3rd. Finally, Citigroup decreased their price target on shares of monday.com from $154.00 to $132.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Nine research analysts have rated the stock with a Buy rating and sixteen have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $103.09.

monday.com Stock Performance

Shares of MNDY stock opened at $77.04 on Tuesday. The stock’s fifty day moving average price is $89.08 and its two-hundred day moving average price is $82.03. The company has a market cap of $3.94 billion, a PE ratio of 26.57, a P/E/G ratio of 1.40 and a beta of 1.06. monday.com has a fifty-two week low of $57.50 and a fifty-two week high of $164.49.

monday.com (NASDAQ:MNDY) last posted its quarterly earnings results on Monday, November 9th. The company reported $2.14 EPS for the quarter, topping analysts’ consensus estimates of $1.41 by $0.73. monday.com had a return on equity of 16.75% and a net margin of 10.05%. The company had revenue of $377.54 million during the quarter, compared to analysts’ expectations of $369.17 million. During the same quarter in the previous year, the firm earned $1.16 EPS. monday.com’s revenue was up 19.1% on a year-over-year basis. On average, equities analysts predict that monday.com will post 2.34 EPS for the current fiscal year.

Insider Buying and Selling at monday.com

In related news, Director Aviad Eyal sold 2,000 shares of the firm’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $100.04, for a total transaction of $200,080.00. Following the sale, the director owned 203,455 shares of the company’s stock, valued at $20,353,638.20. This trade 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 company insiders.

Hedge Funds Weigh In On monday.com

Large investors have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its stake in shares of monday.com by 93.3% during the first quarter. Renaissance Technologies LLC now owns 2,181,990 shares of the company’s stock valued at $150,797,000 after purchasing an additional 1,052,900 shares in the last quarter. RPD Fund Management LLC bought a new stake in shares of monday.com during the first quarter worth about $17,529,000. Bank of America Corp DE increased its stake in shares of monday.com by 33.6% in the first quarter. Bank of America Corp DE now owns 194,635 shares of the company’s stock valued at $13,451,000 after buying an additional 49,002 shares during the period. Russell Investments Group Ltd. increased its stake in shares of 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, Swiss National Bank raised its holdings in monday.com by 28.6% in the 1st quarter. Swiss National Bank now owns 159,100 shares of the company’s stock valued at $10,995,000 after buying an additional 35,400 shares during the last quarter. 73.70% of the stock is currently owned by institutional investors.

More monday.com News

These are some of the MNDY news items that stood out recently:

• Neutral Sentiment: Q3 results beat analyst estimates: earnings were $2.14 per share versus $1.41 expected, and revenue was $377.5 million versus $369.2 million expected, up 19.1% year over year. However, investors are weighing those results against concerns about the growth outlook. Q3 Earnings Call Highlights
• 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

monday.com Company Profile

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.