monday.com (NASDAQ:MNDY) Stock Price Target Lowered at JPMorgan Chase & Co.

monday.com (NASDAQ:MNDY) had its price target cut by stock analysts at JPMorgan Chase & Co. from $87.00 to $84.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 11.49% from the stock’s current price.

Several other equities research analysts have also recently commented on the company. TD Cowen lowered their price target on monday.com from $105.00 to $95.00 and set a “hold” rating for the company in a research note on Tuesday. Wolfe Research cut shares of monday.com from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, August 11th. Bank of America reissued a “neutral” rating on shares of monday.com in a research report on Tuesday. Weiss Ratings upgraded shares of monday.com from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, October 15th. Finally, Guggenheim restated a “buy” rating and set a $130.00 price target on shares of monday.com in a research note on Tuesday, November 3rd. Ten equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $103.52.

monday.com Price Performance

MNDY traded down $4.59 during trading on Tuesday, reaching $75.34. 666,836 shares of the stock traded hands, compared to its average volume of 1,755,394. The stock’s 50-day simple moving average is $90.30 and its two-hundred day simple moving average is $82.81. monday.com has a fifty-two week low of $57.50 and a fifty-two week high of $169.76. The stock has a market cap of $3.85 billion, a price-to-earnings ratio of 32.00, a price-to-earnings-growth ratio of 2.18 and a beta of 1.06.

monday.com (NASDAQ:MNDY) last issued its earnings results on Monday, November 9th. The company reported $2.14 earnings per share for the quarter, topping the consensus estimate of $1.41 by $0.73. monday.com had a return on equity of 9.09% and a net margin of 8.87%. The company had revenue of $377.54 million for the quarter, compared to analyst estimates of $369.17 million. During the same period in the prior year, the firm posted $1.16 EPS. The business’s revenue was up 19.1% compared to the same quarter last year. Research analysts anticipate that monday.com will post 2.34 earnings per share for the current fiscal year.

Insider Transactions at monday.com

In other monday.com news, Director Aviad Eyal sold 2,000 shares of the stock in a transaction that occurred 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 transaction, the director owned 203,455 shares in the company, valued at $20,353,638.20. This trade represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 22.30% of the stock is owned by insiders.

Institutional Trading of monday.com

A number of institutional investors and hedge funds have recently modified their holdings of MNDY. Renaissance Technologies LLC boosted its holdings 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 worth $150,797,000 after buying an additional 1,052,900 shares during the period. RPD Fund Management LLC bought a new position in monday.com in the 1st quarter worth $17,529,000. Russell Investments Group Ltd. raised its holdings 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 acquiring an additional 174,630 shares during the period. Bank of America Corp DE raised its holdings 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 acquiring an additional 49,002 shares during the period. Finally, Swiss National Bank lifted its position in monday.com by 28.6% during the 1st quarter. Swiss National Bank now owns 159,100 shares of the company’s stock worth $10,995,000 after acquiring an additional 35,400 shares during the last quarter. 73.70% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting monday.com

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

• Positive Sentiment: Third-quarter results beat expectations: earnings were $2.14 per share versus a $1.41 consensus, while revenue rose 19.1% year over year to $377.5 million. A report said cost reductions helped lift non-GAAP operating margin to a record 24%. MNDY Q3 Earnings Beat Estimates on Cost Cuts, Revenues Rise Y/Y
• Positive Sentiment: AI features generated $36 million in annual recurring revenue, and BTIG, Morgan Stanley and Wells Fargo maintained positive ratings despite lowering their price targets. Monday.com: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Full-year revenue guidance was about in line with expectations, at roughly $1.5 billion. monday.com Expects 2026 Revenue Range
• Negative Sentiment: Fourth-quarter revenue guidance of $380 million–$382 million came in below the roughly $385.5 million consensus. The company cited slower demand and longer enterprise sales cycles, raising concerns about growth and the near-term effects of its AI and upmarket strategy. Shares Sink as Weak Guidance Overshadows Q3 Results
• Negative Sentiment: Several firms reduced price targets; Needham and Canaccord downgraded MNDY from Buy to Hold. These revisions suggest less confidence in the stock’s near-term outlook, even though some firms’ targets remain above its recent trading level. Needham Downgrades monday.com to Hold From Buy

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.