monday.com Ltd. (NASDAQ:MNDY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

by · The Markets Daily

Shares of monday.com Ltd. (NASDAQ:MNDY – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-six ratings firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, twenty-two have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $303.5909.

A number of research firms recently weighed in on MNDY. Piper Sandler dropped their price target on monday.com from $325.00 to $300.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 12th. TD Cowen dropped their price target on monday.com from $360.00 to $290.00 and set a “buy” rating on the stock in a research note on Tuesday, August 12th. Morgan Stanley raised monday.com from an “equal weight” rating to an “overweight” rating and dropped their price target for the stock from $330.00 to $260.00 in a research note on Tuesday, August 12th. Jefferies Financial Group dropped their price target on monday.com from $360.00 to $330.00 and set a “buy” rating on the stock in a research note on Monday, August 11th. Finally, Wall Street Zen downgraded monday.com from a “buy” rating to a “hold” rating in a research note on Saturday, July 5th.

Get Our Latest Stock Report on monday.com

Institutional Trading of monday.com

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. ASR Vermogensbeheer N.V. bought a new stake in monday.com during the 1st quarter worth approximately $25,000. Summit Securities Group LLC bought a new stake in monday.com during the 1st quarter worth approximately $25,000. NewEdge Advisors LLC increased its holdings 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 purchasing an additional 106 shares in the last quarter. Grove Bank & Trust bought a new stake in monday.com during the 1st quarter worth approximately $30,000. Finally, Promus Capital LLC bought a new stake in monday.com during the 2nd quarter worth approximately $45,000. 73.70% of the stock is owned by institutional investors.

monday.com Trading Up 0.1%

Shares of MNDY opened at $191.95 on Monday. The stock’s 50-day moving average price is $231.32 and its two-hundred day moving average price is $259.79. monday.com has a 12 month low of $166.22 and a 12 month high of $342.64. The company has a market capitalization of $9.75 billion, a PE ratio of 259.40, a PEG ratio of 11.53 and a beta of 1.25.

monday.com (NASDAQ:MNDY – Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.25. monday.com had a return on equity of 6.32% and a net margin of 3.63%.The firm had revenue of $299.01 million during the quarter, compared to analyst estimates of $293.60 million. During the same period last year, the company posted $0.94 EPS. The business’s quarterly revenue was up 26.6% on a year-over-year basis. monday.com has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts predict that monday.com will post 0.46 EPS for the current fiscal year.

About monday.com

(Get Free Report)

monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools.

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