monday.com (NASDAQ:MNDY) Trading Down 9.7% – Here’s Why

23 Apr 2026, 12:38 by Jessica Moore · The Cerbat Gem

monday.com Ltd. (NASDAQ:MNDY – Get Free Report) traded down 9.7% during trading on Thursday . The stock traded as low as $63.35 and last traded at $62.9410. 334,646 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 2,239,786 shares. The stock had previously closed at $69.74.

Key Headlines Impacting monday.com

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

Positive Sentiment: Recent market bounce: an analyst note highlighted that monday.com outperformed the broader market in the most recent trading session, signaling some short‑term buying interest ahead of the legal developments. Monday.com (MNDY) Outperforms Broader Market: What You Need to Know
Neutral Sentiment: Analyst commentary: a finance piece asks whether investors should reassess MNDY after its sharp price slide, providing context on valuation, technicals and risk/reward but not adding new company disclosures. This type of coverage can amplify volatility without changing fundamentals. Is It Time To Reassess monday.com (MNDY) After Its Sharp Share Price Slide
Negative Sentiment: Multiple class actions and investor‑solicitation notices filed or announced by law firms allege undisclosed revenue risks and seek lead plaintiffs for the Sept. 17, 2025–Feb. 6, 2026 class period; this flood of litigation notices is the primary driver of selling pressure because it raises potential legal exposure, defense costs and management distraction. Representative filings/alerts include PR Newswire and Rosen/Pomerantz/Bernstein advisories. monday.com Ltd. (MNDY) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit SHAREHOLDER ALERT Bernstein Liebhard LLP Announces A Securities Class Action Lawsuit Has Been Filed Against monday.com Ltd. (MNDY)
Negative Sentiment: Ongoing solicitor notices: several additional firms (Levi & Korsinsky, Faruqi & Faruqi, Glancy, Bronstein, Rosen, etc.) are actively soliciting lead‑plaintiff roles and reminding investors of a May 11 deadline — increasing publicity and the chance of consolidated litigation. MNDY Investor Alert: monday.com Ltd. Securities Fraud Lawsuit – SueWallSt

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Canaccord Genuity Group cut their target price on monday.com from $190.00 to $140.00 and set a “buy” rating on the stock in a research note on Tuesday, February 10th. Oppenheimer cut their target price on monday.com from $200.00 to $130.00 and set an “outperform” rating on the stock in a research note on Monday, February 9th. Loop Capital set a $80.00 target price on monday.com in a research note on Tuesday, February 10th. Weiss Ratings reiterated a “sell (d)” rating on shares of monday.com in a research note on Thursday, January 22nd. Finally, Wolfe Research reiterated an “outperform” rating and set a $95.00 price objective on shares of monday.com in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.83.

View Our Latest Analysis on monday.com

monday.com Trading Down 10.4%

The business has a 50 day moving average of $71.33 and a two-hundred day moving average of $124.29. The firm has a market cap of $3.20 billion, a P/E ratio of 27.78, a PEG ratio of 1.36 and a beta of 1.29.

monday.com (NASDAQ:MNDY – Get Free Report) last posted its quarterly earnings results on Monday, February 9th. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.91 by $0.13. monday.com had a return on equity of 4.80% and a net margin of 9.64%.The business had revenue of $333.88 million for the quarter, compared to analysts’ expectations of $329.71 million. During the same quarter in the prior year, the business earned $1.08 EPS. The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. On average, sell-side analysts predict that monday.com Ltd. will post 1.83 EPS for the current year.

Institutional Investors Weigh In On monday.com

A number of large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its holdings in shares of monday.com by 2,120.0% during the first quarter. NewEdge Advisors LLC now owns 111 shares of the company’s stock worth $27,000 after acquiring an additional 106 shares during the period. Advisory Services Network LLC bought a new stake in shares of monday.com during the third quarter worth approximately $28,000. EverSource Wealth Advisors LLC boosted its holdings in shares of monday.com by 76.5% during the second quarter. EverSource Wealth Advisors LLC now owns 150 shares of the company’s stock worth $47,000 after acquiring an additional 65 shares during the period. Quarry LP bought a new stake in shares of monday.com during the fourth quarter worth approximately $29,000. Finally, Abound Wealth Management bought a new stake in shares of monday.com during the fourth quarter worth approximately $30,000. Institutional investors own 73.70% of the company’s stock.

About monday.com

(Get Free Report)

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.