monday.com (NASDAQ:MNDY) Trading Down 4.5% – Should You Sell?

monday.com Ltd. (NASDAQ:MNDY) fell 4.5% during mid-day trading on Wednesday . The stock traded as low as $69.18 and last traded at $69.1430. 822,752 shares traded hands during trading, a decline of 67% from the average session volume of 2,491,528 shares. The stock had previously closed at $72.37.

Key Stories Impacting monday.com

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

• Positive Sentiment: Recent analyst/market commentary noted a short-term upside move on Mar. 23, indicating pockets of buying following market momentum. Monday.com (MNDY) Beats Stock Market Upswing: What Investors Need to Know
• Neutral Sentiment: Reports show a claimed large increase in short interest for March, but the published short‑interest figures are inconsistent/erroneous (0 shares / NaN in multiple filings), so read reported short‑squeeze or bearish signals with caution until corrected exchange data is available.
• Negative Sentiment: Multiple law firms have filed or publicly launched securities‑fraud actions and investor solicitations alleging undisclosed revenue risks and seeking lead plaintiffs for the same class period; this broad legal attention raises potential liability and reputational risk for management. Lost Money With MNDY? Contact Glancy Prongay Wolke & Rotter LLP
• Negative Sentiment: Several prominent plaintiff firms (Kessler Topaz, Faruqi & Faruqi, Pomerantz, Rosen, Levi & Korsinsky, Bernstein Liebhard, Bronstein Gewirtz & Grossman, others) are active on this case and reminding institutional holders about lead‑plaintiff opportunities and the May 11 deadline—this concentration of litigation interest can drive outsized trading and hedging flows. monday.com Ltd. Investors Have Opportunity to Lead Securities Fraud Class Action Lawsuit – Kessler Topaz
• Negative Sentiment: Investor alerts are being sent to pension funds and asset managers (Levi & Korsinsky and others), which may prompt institutional re‑assessment of holdings and increased selling or hedging activity. MNDY Investor Alert: monday.com Ltd. Securities Fraud Lawsuit – Levi & Korsinsky

Wall Street Analyst Weigh In

Several analysts have weighed in on MNDY shares. Canaccord Genuity Group cut their price objective on monday.com from $190.00 to $140.00 and set a “buy” rating on the stock in a research report on Tuesday, February 10th. Jefferies Financial Group lowered monday.com from a “buy” rating to a “hold” rating and decreased their target price for the stock from $260.00 to $80.00 in a research report on Monday, February 23rd. Needham & Company LLC dropped their price target on monday.com from $250.00 to $125.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Barclays set a $115.00 price target on monday.com in a research note on Tuesday, February 10th. Finally, UBS Group decreased their price objective on monday.com from $140.00 to $93.00 and set a “neutral” rating for the company in a report on Tuesday, February 10th. Nineteen equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $155.38.

monday.com Price Performance

The stock’s 50 day simple moving average is $90.93 and its two-hundred day simple moving average is $143.20. The firm has a market cap of $3.54 billion, a P/E ratio of 30.79, a P/E/G ratio of 1.40 and a beta of 1.31.

monday.com (NASDAQ:MNDY) last issued its quarterly earnings results on Monday, February 9th. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. The firm had revenue of $333.88 million for the quarter, compared to analysts’ expectations of $329.71 million. monday.com had a return on equity of 4.80% and a net margin of 9.64%.The business’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.08 EPS. Equities research analysts anticipate that monday.com Ltd. will post 0.46 earnings per share for the current year.

Hedge Funds Weigh In On monday.com

Several institutional investors and hedge funds have recently modified their holdings of MNDY. NewEdge Advisors LLC boosted its stake in monday.com by 2,120.0% in the 1st quarter. NewEdge Advisors LLC now owns 111 shares of the company’s stock worth $27,000 after purchasing an additional 106 shares in the last quarter. Creative Planning increased its stake in monday.com by 16.8% during the 2nd quarter. Creative Planning now owns 4,674 shares of the company’s stock valued at $1,470,000 after purchasing an additional 672 shares in the last quarter. Cetera Investment Advisers raised its holdings in monday.com by 192.2% in the second quarter. Cetera Investment Advisers now owns 12,654 shares of the company’s stock worth $3,979,000 after buying an additional 8,324 shares during the last quarter. Prudential PLC bought a new position in shares of monday.com in the second quarter worth approximately $232,000. Finally, Swiss National Bank lifted its stake in shares of monday.com by 22.4% in the second quarter. Swiss National Bank now owns 128,000 shares of the company’s stock worth $40,253,000 after buying an additional 23,400 shares in the last quarter. 73.70% of the stock is currently owned by institutional investors.

About monday.com

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.