monday.com (NASDAQ:MNDY) Given Buy Rating at BTIG Research

BTIG Research reaffirmed their buy rating on shares of monday.com (NASDAQ:MNDY) in a research note released on Monday,Benzinga reports. The brokerage currently has a $105.00 price objective on the stock.

Several other equities research analysts have also recently commented on the company. Wolfe Research cut monday.com from an “outperform” rating to a “peer perform” rating in a research note on Tuesday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of monday.com in a research report on Thursday, June 11th. TD Cowen lifted their target price on shares of monday.com from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Wall Street Zen raised shares of monday.com from a “hold” rating to a “buy” rating in a research report on Sunday, July 12th. Finally, Piper Sandler restated a “neutral” rating and set a $90.00 price target on shares of monday.com in a report on Monday. Fifteen equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, monday.com presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.17.

monday.com Trading Down 4.8%

MNDY opened at $88.62 on Monday. The stock has a market cap of $4.53 billion, a price-to-earnings ratio of 38.53, a PEG ratio of 4.66 and a beta of 1.24. monday.com has a 1 year low of $57.50 and a 1 year high of $220.80. The stock has a fifty day moving average price of $80.61 and a 200 day moving average price of $79.34.

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

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MNDY. NewEdge Advisors LLC lifted its position in monday.com by 2,120.0% during the 1st quarter. NewEdge Advisors LLC now owns 111 shares of the company’s stock worth $27,000 after acquiring an additional 106 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of monday.com in the third quarter worth about $28,000. EverSource Wealth Advisors LLC increased its stake in shares of monday.com by 498.6% in the first quarter. EverSource Wealth Advisors LLC now owns 425 shares of the company’s stock worth $29,000 after purchasing an additional 354 shares during the period. Quarry LP acquired a new position in shares of monday.com during the 4th quarter worth about $29,000. Finally, Huntington National Bank lifted its position in shares of monday.com by 6,040.0% during the 4th quarter. Huntington National Bank now owns 307 shares of the company’s stock worth $45,000 after purchasing an additional 302 shares during the last quarter. Institutional investors own 73.70% of the company’s stock.

More monday.com News

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

• Positive Sentiment: monday.com reported second-quarter adjusted earnings of $1.48 per share, well above the $1.14 analyst consensus, while revenue of $364.6 million exceeded expectations of $355.6 million. Revenue increased 21.9% year over year, and the company highlighted continued progress in artificial-intelligence products. Monday.com Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: The earnings presentation and call emphasized monday.com’s AI Work Platform and enterprise strategy, potentially supporting longer-term growth if the investments translate into stronger adoption and monetization. monday.com 2026 Q2 Results Earnings Call Presentation
• Neutral Sentiment: Piper Sandler reaffirmed its Neutral rating and set a $90 price target, while Capital One downgraded the shares from Overweight to Equal Weight but assigned a $95 target. These actions suggest limited near-term conviction despite targets above the referenced share price. Piper Sandler Rating Update
• Negative Sentiment: Third-quarter revenue guidance of $368 million to $370 million implies 16%–17% growth and fell short of the roughly $372.8 million consensus. The softer outlook overshadowed the earnings beat and raised concerns about slowing growth. monday.com Stock Drops as Weak Q3 Outlook Overshadows AI Progress
• Negative Sentiment: Investors also reacted to monday.com’s major restructuring, including a reported 20% workforce reduction, or approximately 630 positions, as the company reallocates resources toward AI and enterprise customers. The transition creates execution and disruption risks, while full-year revenue guidance was reportedly reaffirmed rather than raised. monday.com Slides as Earnings Beat Is Overshadowed by Soft Q3 Outlook

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.