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

monday.com (NASDAQ:MNDY) had its target price lowered by UBS Group from $95.00 to $90.00 in a report released on Tuesday morning,Benzinga reports. UBS Group currently has a neutral rating on the stock.

Other analysts also recently issued research reports about the stock. Wall Street Zen raised shares of monday.com from a “hold” rating to a “buy” rating in a report on Sunday, November 1st. Jefferies Financial Group decreased their target price on shares of monday.com from $95.00 to $90.00 and set a “hold” rating on the stock in a research report on Tuesday. Piper Sandler reaffirmed a “neutral” rating and set a $90.00 target price on shares of monday.com in a report on Thursday, October 29th. Zacks Research downgraded shares of monday.com from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 15th. Finally, Wolfe Research cut monday.com from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, August 11th. Nine research analysts have rated the stock with a Buy rating and sixteen have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $103.09.

monday.com Stock Performance

MNDY opened at $77.04 on Tuesday. monday.com has a fifty-two week low of $57.50 and a fifty-two week high of $164.49. The company has a market capitalization of $3.94 billion, a P/E ratio of 26.57, a P/E/G ratio of 1.40 and a beta of 1.06. The stock has a fifty day moving average of $89.08 and a 200-day moving average of $82.03.

monday.com (NASDAQ:MNDY) last released its quarterly earnings results on Monday, November 9th. The company reported $2.14 EPS for the quarter, beating the consensus estimate of $1.41 by $0.73. monday.com had a net margin of 10.05% and a return on equity of 16.75%. The business had revenue of $377.54 million for the quarter, compared to the consensus estimate of $369.17 million. During the same period in the prior year, the company posted $1.16 earnings per share. monday.com’s revenue was up 19.1% compared to the same quarter last year. On average, equities research analysts predict that monday.com will post 2.34 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Aviad Eyal sold 2,000 shares of the company’s stock in a transaction dated Tuesday, October 20th. The shares were sold at an average price of $100.04, for a total transaction of $200,080.00. Following the completion of the sale, the director owned 203,455 shares of the company’s stock, valued at $20,353,638.20. This represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 22.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On monday.com

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Renaissance Technologies LLC lifted 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 acquiring an additional 1,052,900 shares during the period. RPD Fund Management LLC bought a new position in monday.com in the first quarter valued at approximately $17,529,000. Russell Investments Group Ltd. raised its position in monday.com by 4,477.7% during the third quarter. Russell Investments Group Ltd. now owns 178,530 shares of the company’s stock valued at $13,946,000 after purchasing an additional 174,630 shares in the last quarter. Bank of America Corp DE raised its position in monday.com by 33.6% during the first quarter. Bank of America Corp DE now owns 194,635 shares of the company’s stock valued at $13,451,000 after purchasing an additional 49,002 shares in the last quarter. Finally, Swiss National Bank raised its position in monday.com by 28.6% during the first quarter. Swiss National Bank now owns 159,100 shares of the company’s stock valued at $10,995,000 after purchasing an additional 35,400 shares in the last quarter. 73.70% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about monday.com

These are some of the MNDY headlines that stood out recently:

• Positive Sentiment: Morgan Stanley maintained a Buy rating, providing a counterpoint to the broader wave of cautious analyst actions. Morgan Stanley Remains a Buy on Monday.com
• 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.