monday.com (NASDAQ:MNDY) Earns Buy Rating from TD Cowen

monday.com (NASDAQ:MNDY)‘s stock had its “buy” rating reaffirmed by equities researchers at TD Cowen in a research note issued on Tuesday,Benzinga reports. They presently have a $110.00 price target on the stock. TD Cowen’s price target indicates a potential upside of 25.14% from the stock’s previous close.

Several other research firms also recently commented on MNDY. Piper Sandler reaffirmed a “neutral” rating and issued a $90.00 price objective on shares of monday.com in a research note on Monday. Capital One Financial lowered shares of monday.com from an “overweight” rating to an “equal weight” rating and set a $95.00 target price for the company. in a report on Monday. Citigroup lowered their price target on shares of monday.com from $176.00 to $154.00 and set a “buy” rating on the stock in a report on Tuesday, May 12th. Zacks Research lowered shares of monday.com from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 1st. Finally, Canaccord Genuity Group reduced their price objective on shares of monday.com from $140.00 to $115.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. Fifteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, monday.com presently has an average rating of “Moderate Buy” and a consensus target price of $125.17.

monday.com Trading Down 0.8%

MNDY stock traded down $0.72 during midday trading on Tuesday, reaching $87.90. 591,152 shares of the company’s stock traded hands, compared to its average volume of 1,995,417. monday.com has a 52-week low of $57.50 and a 52-week high of $220.80. The stock has a market cap of $4.50 billion, a P/E ratio of 38.15, a PEG ratio of 4.66 and a beta of 1.24. The stock’s 50-day moving average is $80.61 and its 200 day moving average is $79.34.

monday.com (NASDAQ:MNDY) last issued its quarterly earnings results on Monday, August 10th. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.34. The business had revenue of $364.62 million for the quarter, compared to analysts’ expectations of $355.55 million. monday.com had a net margin of 9.17% and a return on equity of 5.10%. The company’s revenue was up 21.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.09 EPS. As a group, research analysts expect that monday.com will post 1.59 EPS for the current fiscal year.

Institutional Trading of monday.com

A number of large investors have recently added to or reduced their stakes in the company. Capital World Investors raised its holdings in shares of monday.com by 91.4% during the 4th quarter. Capital World Investors now owns 3,286,461 shares of the company’s stock worth $484,950,000 after acquiring an additional 1,569,198 shares in the last quarter. Renaissance Technologies LLC increased its position in monday.com by 93.3% in the first quarter. Renaissance Technologies LLC now owns 2,181,990 shares of the company’s stock worth $150,797,000 after purchasing an additional 1,052,900 shares during the last quarter. Norges Bank purchased a new stake in monday.com during the fourth quarter valued at $79,789,000. Marshall Wace LLP lifted its position in monday.com by 294.0% during the third quarter. Marshall Wace LLP now owns 405,995 shares of the company’s stock valued at $78,637,000 after purchasing an additional 302,961 shares during the last quarter. Finally, Amundi lifted its position in monday.com by 104.2% during the third quarter. Amundi now owns 511,498 shares of the company’s stock valued at $96,499,000 after purchasing an additional 261,000 shares during the last quarter. Institutional investors own 73.70% of the company’s stock.

monday.com News Roundup

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

• Positive Sentiment: Second-quarter results exceeded expectations. monday.com reported adjusted earnings of $1.48 per share versus the $1.14 consensus estimate, while revenue reached $364.6 million, above forecasts of $355.6 million and up 21.9% year over year. The company also highlighted continued progress in artificial-intelligence products and improved margins. Monday.com Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Some analysts still see upside. BTIG Research reaffirmed its “buy” rating and set a $105 price target, while Wells Fargo lowered its target from $130 to $120 but maintained an “overweight” rating. These targets imply potential gains from recent trading levels. Analyst Rating Updates
• Neutral Sentiment: Analyst views remain mixed. Piper Sandler reiterated its “neutral” rating with a $90 target, and Capital One downgraded the stock from “overweight” to “equal weight” while assigning a $95 target. The changes suggest analysts recognize longer-term potential but have become more cautious about growth and execution. Analyst Rating Updates
• Negative Sentiment: Third-quarter guidance disappointed investors. monday.com forecast revenue of $368 million to $370 million, representing 16%–17% year-over-year growth and below the $372.8 million consensus estimate. The company also reaffirmed its full-year revenue outlook instead of raising it after the earnings beat, increasing concerns about slowing momentum. Monday.com Stock Drops as Weak Q3 Outlook Overshadows AI Progress
• Negative Sentiment: Restructuring added execution uncertainty. The company’s previously announced workforce reduction of approximately 20%, or 630 employees, is intended to refocus monday.com on its AI Work Platform and enterprise customers. Investors may be concerned about disruption and the time required for the strategy to produce results.

monday.com Company Profile

monday.com is a software-as-a-service (SaaS) company that provides a cloud-based Work Operating System (Work OS) designed to help teams plan, organize and track their work. The platform offers customizable workflows that support project management, task delegation, time tracking and collaboration across departments. monday.com’s visual interface enables users to create boards, automations and dashboards to centralize information and streamline processes without requiring extensive coding knowledge.

The company’s product portfolio includes monday Work OS, which can be adapted for use cases ranging from marketing campaign management and sales pipelines to software development sprints and human resources onboarding.