monday.com (NASDAQ:MNDY) Stock Price Target Lowered at BTIG Research

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

A number of other brokerages have also recently issued reports on MNDY. UBS Group reiterated a “buy” rating on shares of monday.com in a research note on Tuesday, October 27th. Cantor Fitzgerald cut shares of monday.com from an “overweight” rating to a “neutral” rating and decreased their target price for the company from $112.00 to $90.00 in a research note on Monday, August 10th. Citigroup lowered their target price on shares of monday.com from $154.00 to $132.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. Oppenheimer set a $90.00 price target on shares of monday.com in a research report on Monday. Finally, Piper Sandler reiterated a “neutral” rating and issued a $90.00 price target on shares of monday.com in a research note on Thursday, October 29th. Ten equities research analysts have rated the stock with a Buy rating and fifteen have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $105.17.

monday.com Stock Performance

MNDY opened at $79.93 on Tuesday. monday.com has a 52-week low of $57.50 and a 52-week high of $169.76. The firm has a market capitalization of $4.09 billion, a PE ratio of 34.01, a PEG ratio of 2.18 and a beta of 1.06. The business’s 50-day simple moving average is $90.30 and its 200 day simple moving average is $82.81.

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

Insider Activity at monday.com

In other news, Director Aviad Eyal sold 2,000 shares of monday.com stock in a transaction that occurred on Tuesday, October 20th. The stock was sold at an average price of $100.04, for a total transaction of $200,080.00. Following the completion of the transaction, the director directly owned 203,455 shares in the company, valued at approximately $20,353,638.20. The trade was a 0.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 22.30% of the company’s stock.

Institutional Investors Weigh In On monday.com

Several hedge funds have recently added to or reduced their stakes in MNDY. Renaissance Technologies LLC raised its position in shares of monday.com by 93.3% in the first quarter. Renaissance Technologies LLC now owns 2,181,990 shares of the company’s stock valued at $150,797,000 after purchasing an additional 1,052,900 shares during the period. RPD Fund Management LLC bought a new stake in shares of monday.com during the 1st quarter worth about $17,529,000. Russell Investments Group Ltd. boosted its holdings in shares of monday.com by 4,477.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 178,530 shares of the company’s stock worth $13,946,000 after buying an additional 174,630 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in monday.com in the 2nd quarter valued at about $5,098,000. Finally, Bank of America Corp DE grew its stake in monday.com by 33.6% in the 1st quarter. Bank of America Corp DE now owns 194,635 shares of the company’s stock valued at $13,451,000 after buying an additional 49,002 shares during the last quarter. Institutional investors and hedge funds own 73.70% of the company’s stock.

Key Headlines Impacting monday.com

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.