monday.com’s (MNDY) Buy Rating Reaffirmed at TD Cowen

monday.com (NASDAQ:MNDY)‘s stock had its “buy” rating restated by investment analysts at TD Cowen in a research report issued on Tuesday,Benzinga reports. They presently have a $110.00 target price on the stock. TD Cowen’s price target points to a potential upside of 25.14% from the company’s current price.

MNDY has been the subject of a number of other research reports. Citigroup lowered their target price on monday.com from $176.00 to $154.00 and set a “buy” rating for the company in a research note on Tuesday, May 12th. UBS Group restated a “neutral” rating and set a $95.00 target price on shares of monday.com in a report on Tuesday. Capital One Financial cut shares of monday.com from an “overweight” rating to an “equal weight” rating and set a $95.00 price target for the company. in a research report on Monday. Wall Street Zen upgraded shares of monday.com from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $95.00 target price on shares of monday.com in a research note on Monday. Fifteen analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $125.17.

monday.com Trading Down 0.8%

NASDAQ MNDY traded down $0.72 during trading on Tuesday, hitting $87.90. The company had a trading volume of 591,152 shares, compared to its average volume of 1,995,417. monday.com has a one year low of $57.50 and a one year high of $220.80. The company has a market cap of $4.50 billion, a price-to-earnings ratio of 38.15, a price-to-earnings-growth ratio of 4.66 and a beta of 1.24. The company’s fifty day moving average is $80.61 and its 200-day moving average is $79.34.

monday.com (NASDAQ:MNDY) last posted its earnings results on Monday, August 10th. The company reported $1.48 EPS for the quarter, topping the consensus estimate of $1.14 by $0.34. monday.com had a net margin of 9.17% and a return on equity of 5.10%. The firm had revenue of $364.62 million during the quarter, compared to analysts’ expectations of $355.55 million. During the same period last year, the company posted $1.09 EPS. The company’s quarterly revenue was up 21.9% compared to the same quarter last year. As a group, equities analysts anticipate that monday.com will post 1.59 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of MNDY. NewEdge Advisors LLC raised its position 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 buying an additional 106 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of monday.com during the 3rd quarter valued at about $28,000. EverSource Wealth Advisors LLC grew its stake in shares of monday.com by 76.5% in 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 in the fourth quarter worth approximately $29,000. Finally, Huntington National Bank raised its holdings in shares of monday.com by 6,040.0% during the fourth quarter. Huntington National Bank now owns 307 shares of the company’s stock valued at $45,000 after purchasing an additional 302 shares during the last quarter. 73.70% of the stock is owned by institutional investors.

monday.com News Summary

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

• Positive Sentiment: Second-quarter results exceeded expectations. monday.com reported adjusted earnings of $1.48 per share versus the $1.14 consensus estimate, while revenue reached $364.6 million, above forecasts of $355.6 million and up 21.9% year over year. The company also highlighted continued progress in artificial-intelligence products and improved margins. Monday.com Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Some analysts still see upside. BTIG Research reaffirmed its “buy” rating and set a $105 price target, while Wells Fargo lowered its target from $130 to $120 but maintained an “overweight” rating. These targets imply potential gains from recent trading levels. Analyst Rating Updates
• Neutral Sentiment: Analyst views remain mixed. Piper Sandler reiterated its “neutral” rating with a $90 target, and Capital One downgraded the stock from “overweight” to “equal weight” while assigning a $95 target. The changes suggest analysts recognize longer-term potential but have become more cautious about growth and execution. Analyst Rating Updates
• Negative Sentiment: Third-quarter guidance disappointed investors. monday.com forecast revenue of $368 million to $370 million, representing 16%–17% year-over-year growth and below the $372.8 million consensus estimate. The company also reaffirmed its full-year revenue outlook instead of raising it after the earnings beat, increasing concerns about slowing momentum. Monday.com Stock Drops as Weak Q3 Outlook Overshadows AI Progress
• Negative Sentiment: Restructuring added execution uncertainty. The company’s previously announced workforce reduction of approximately 20%, or 630 employees, is intended to refocus monday.com on its AI Work Platform and enterprise customers. Investors may be concerned about disruption and the time required for the strategy to produce results.

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.