monday.com (NASDAQ:MNDY) Stock Price Target Cut by BTIG Research

monday.com (NASDAQ:MNDY) had its price objective lowered by investment analysts at BTIG Research from $105.00 to $100.00 in a research note issued on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the stock. BTIG Research‘s price target would indicate a potential upside of 25.11% from the company’s previous close.

Several other equities research analysts have also recently weighed in on the stock. Zacks Research cut shares of monday.com from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 15th. Loop Capital dropped their target price on shares of monday.com from $100.00 to $90.00 and set a “hold” rating for the company in a research report on Monday. Weiss Ratings raised shares of monday.com from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, October 15th. Cantor Fitzgerald lowered shares of monday.com from an “overweight” rating to a “neutral” rating and reduced their price target for the stock from $112.00 to $90.00 in a research report on Monday, August 10th. Finally, Canaccord Genuity Group cut shares of monday.com from a “buy” rating to a “hold” rating and decreased their price objective for the company from $115.00 to $90.00 in a research note on Monday. Ten analysts have rated the stock with a Buy rating and fifteen have issued a Hold rating to the stock. According to MarketBeat.com, monday.com currently has a consensus rating of “Hold” and a consensus price target of $105.17.

monday.com Stock Down 9.1%

Shares of NASDAQ:MNDY opened at $79.93 on Tuesday. monday.com has a 12-month low of $57.50 and a 12-month high of $169.76. The company’s 50 day moving average price is $90.30 and its two-hundred day moving average price is $82.81. The firm has a market cap of $4.09 billion, a PE ratio of 34.01, a PEG ratio of 2.18 and a beta of 1.06.

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

Insider Buying and Selling

In other news, Director Aviad Eyal sold 2,000 shares of monday.com stock in a transaction dated Tuesday, October 20th. The stock was sold at an average price of $100.04, for a total transaction of $200,080.00. Following the sale, the director directly owned 203,455 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 22.30% of the company’s stock.

Institutional Trading of monday.com

Institutional investors and hedge funds have recently bought and sold shares of the stock. Fulton Bank N.A. raised its position in shares of monday.com by 5.1% in the second quarter. Fulton Bank N.A. now owns 3,339 shares of the company’s stock worth $242,000 after buying an additional 162 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of monday.com by 498.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 425 shares of the company’s stock valued at $29,000 after acquiring an additional 354 shares during the last quarter. Signaturefd LLC boosted its position in shares of monday.com by 28.3% during the 3rd quarter. Signaturefd LLC now owns 4,469 shares of the company’s stock valued at $351,000 after acquiring an additional 987 shares during the last quarter. State of Wyoming grew its holdings in shares of monday.com by 96.6% during the first quarter. State of Wyoming now owns 3,497 shares of the company’s stock worth $242,000 after purchasing an additional 1,718 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its holdings in shares of monday.com by 56.8% during the third quarter. Commonwealth Equity Services LLC now owns 4,746 shares of the company’s stock worth $372,000 after purchasing an additional 1,720 shares in the last quarter. 73.70% of the stock is currently owned by institutional investors and hedge funds.

monday.com News Summary

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

• Positive Sentiment: Third-quarter results beat expectations: revenue rose 19.1% year over year to $377.5 million, above the $369.2 million consensus, while EPS of $2.14 topped estimates of about $1.41. AI features also generated $36 million in annual recurring revenue. Monday.com: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: The 2026 revenue outlook of $1.47 billion–$1.48 billion was broadly in line with FactSet’s $1.47 billion estimate, limiting concern about the full-year forecast. 2026 Revenue Outlook
• Negative Sentiment: Fourth-quarter revenue guidance of $380 million–$382 million came in below analysts’ $385.5 million estimate. The company also flagged near-term operational headwinds and slower growth, with SMB and macroeconomic pressures weighing on sales cycles. This cautious outlook overshadowed the Q3 beat. Monday.com falls despite Q3 beat, sees near-term operational headwinds
• Negative Sentiment: Analyst sentiment added pressure: Canaccord and Needham downgraded MNDY to Hold, and Loop Capital cut its price target to $90 from $100 while maintaining Hold. Canaccord Genuity Group recommendations

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.