monday.com (NASDAQ:MNDY) Stock Price Target Lowered at Loop Capital

monday.com (NASDAQ:MNDY) had its target price cut by equities research analysts at Loop Capital from $100.00 to $90.00 in a research note issued to investors on Monday, Benzinga reports. The brokerage currently has a “hold” rating on the stock. Loop Capital‘s target price would indicate a potential upside of 12.60% from the company’s previous close.

A number of other research firms have also recently commented on MNDY. Barclays cut shares of monday.com from an “overweight” rating to an “equal weight” rating and set a $100.00 price target for the company. in a report on Monday, October 12th. Wall Street Zen upgraded shares of monday.com from a “hold” rating to a “buy” rating in a report on Sunday, November 1st. Capital One Financial cut shares of monday.com from an “overweight” rating to an “equal weight” rating and set a $95.00 price objective on the stock. in a research report on Monday, August 10th. Zacks Research downgraded monday.com from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 15th. Finally, Jefferies Financial Group restated a “hold” rating and issued a $95.00 target price on shares of monday.com in a research note on Monday, August 10th. Ten analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $106.04.

monday.com Stock Performance

Shares of MNDY stock traded down $8.00 during trading hours on Monday, hitting $79.93. 3,091,916 shares of the company were exchanged, compared to its average volume of 1,760,478. The firm has a market cap of $4.09 billion, a P/E ratio of 34.01, a P/E/G ratio of 1.98 and a beta of 1.06. monday.com has a fifty-two week low of $57.50 and a fifty-two week high of $169.76. The company has a 50 day simple moving average of $90.72 and a two-hundred day simple moving average of $83.05.

monday.com (NASDAQ:MNDY) last released its quarterly earnings data on Monday, November 9th. The company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.73. monday.com had a net margin of 8.87% and a return on equity of 9.09%. The company had revenue of $377.54 million during the quarter, compared to analyst estimates of $369.17 million. During the same quarter in the previous year, the business posted $1.16 EPS. monday.com’s revenue for the quarter was up 19.1% compared to the same quarter last year. As a group, sell-side analysts expect that monday.com will post 2.34 EPS for the current fiscal year.

Insider Activity at monday.com

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 stock was 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 $20,353,638.20. The trade was a 0.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 22.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On monday.com

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC grew its position in shares of monday.com by 93.3% during the 1st quarter. Renaissance Technologies LLC now owns 2,181,990 shares of the company’s stock valued at $150,797,000 after acquiring an additional 1,052,900 shares during the period. RPD Fund Management LLC purchased a new stake in monday.com in the first quarter worth $17,529,000. Bank of America Corp DE increased its position in monday.com by 33.6% in the first quarter. Bank of America Corp DE now owns 194,635 shares of the company’s stock worth $13,451,000 after buying an additional 49,002 shares during the last quarter. Russell Investments Group Ltd. raised 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 stake in shares of monday.com by 28.6% in the first 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 period. 73.70% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting monday.com

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

• Positive Sentiment: Q3 revenue was $377.5 million, above expectations of about $369.2 million and up 19.1% year over year. Earnings of $2.14 per share also topped consensus near $1.41, with margin improvement adding to the strong results. Article: monday.com Tops Q3 Earnings and Revenue Estimates
• Neutral Sentiment: The company is investing in AI capabilities, but the transition may create near-term headwinds as it develops and monetizes new products. Article: monday.com warns of slower growth as AI shift brings near-term headwinds
• Negative Sentiment: Q4 revenue guidance of $380 million to $382 million came in below analyst expectations. The outlook signals slower growth, raising concerns that near-term momentum may not match the Q3 results. Article: monday.com Expects Q4 Revenue of $380M–$382M
• Negative Sentiment: Bearish options activity rose sharply, with investors buying 14,663 put options—about 550% above the average volume. This suggests increased hedging or bearish positioning, though it does not establish a change in the company’s fundamentals.

About monday.com

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.