monday.com (NASDAQ:MNDY) Stock Price Down 4.5% – Here’s Why

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

Key monday.com News

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Wells Fargo & Company reduced their price objective on monday.com from $200.00 to $130.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Bank of America lowered their target price on monday.com from $157.00 to $95.00 and set a “neutral” rating for the company in a research note on Tuesday, February 10th. Canaccord Genuity Group reduced their price target 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. KeyCorp decreased their price target on monday.com from $220.00 to $140.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Finally, Loop Capital set a $80.00 price objective on monday.com in a research report on Tuesday, February 10th. Nineteen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, monday.com has an average rating of “Moderate Buy” and an average price target of $155.38.

monday.com Stock Down 4.3%

The company has a market capitalization of $3.54 billion, a PE ratio of 30.79, a price-to-earnings-growth ratio of 1.40 and a beta of 1.31. The stock’s fifty day moving average price is $90.93 and its two-hundred day moving average price is $143.20.

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

Hedge Funds Weigh In On monday.com

Hedge funds and other institutional investors have recently made changes to their positions in the business. WCM Investment Management LLC boosted its holdings in monday.com by 2.8% in the third quarter. WCM Investment Management LLC now owns 4,184,745 shares of the company’s stock valued at $843,519,000 after acquiring an additional 115,353 shares in the last quarter. Capital World Investors raised its holdings in monday.com by 91.4% in the 4th quarter. Capital World Investors now owns 3,286,461 shares of the company’s stock worth $484,950,000 after purchasing an additional 1,569,198 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in monday.com by 15.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,274,910 shares of the company’s stock worth $188,126,000 after purchasing an additional 165,996 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of monday.com by 7.1% in the 4th quarter. Renaissance Technologies LLC now owns 1,129,090 shares of the company’s stock worth $166,609,000 after purchasing an additional 74,800 shares during the period. Finally, SG Americas Securities LLC lifted its position in shares of monday.com by 110.9% in the 4th quarter. SG Americas Securities LLC now owns 932,912 shares of the company’s stock worth $137,660,000 after purchasing an additional 490,491 shares during the period. Institutional investors own 73.70% of the company’s stock.

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.