monday.com (NASDAQ:MNDY) Stock Rating Lowered by Wall Street Zen

monday.com (NASDAQ:MNDY) was downgraded by equities researchers at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued to investors on Saturday, Wall Street Zen reports.

Several other equities research analysts have also commented on MNDY. TD Cowen restated a “buy” rating and set a $110.00 price target on shares of monday.com in a research note on Tuesday, August 11th. Cantor Fitzgerald cut monday.com from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $112.00 to $90.00 in a report on Monday, August 10th. Piper Sandler reissued a “neutral” rating and set a $90.00 target price on shares of monday.com in a research report on Monday, August 10th. Zacks Research lowered shares of monday.com from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 15th. Finally, Citigroup cut their price target 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. Twelve investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $111.70.

monday.com Stock Performance

monday.com stock opened at $106.53 on Friday. monday.com has a 1 year low of $57.50 and a 1 year high of $210.49. The firm has a 50 day moving average price of $89.84 and a 200 day moving average price of $81.66. The company has a market cap of $5.45 billion, a price-to-earnings ratio of 45.33, a PEG ratio of 2.40 and a beta of 1.14.

monday.com (NASDAQ:MNDY) last posted its quarterly earnings results on Monday, August 10th. The company reported $1.48 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.37. The company had revenue of $364.62 million for the quarter, compared to the consensus estimate of $355.55 million. monday.com had a net margin of 8.87% and a return on equity of 9.09%. monday.com’s revenue was up 21.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.09 earnings per share. Sell-side analysts predict that monday.com will post 2.34 EPS for the current year.

Insider Buying and Selling at monday.com

In related news, Director Aviad Eyal sold 2,000 shares of monday.com stock in a transaction on Tuesday, October 20th. The shares were sold at an average price of $100.04, for a total value of $200,080.00. Following the completion of the sale, the director owned 203,455 shares in the company, valued at approximately $20,353,638.20. The trade was a 0.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 22.30% of the company’s stock.

Institutional Trading of monday.com

Several institutional investors have recently added to or reduced their stakes in the stock. SEB Asset Management AB bought a new stake in shares of monday.com in the 1st quarter worth about $1,639,000. Swiss National Bank raised its stake in shares of monday.com by 28.6% in the 1st quarter. Swiss National Bank now owns 159,100 shares of the company’s stock valued at $10,995,000 after purchasing an additional 35,400 shares in the last quarter. Empowered Funds LLC raised its stake in shares of monday.com by 4,194.6% in the 1st quarter. Empowered Funds LLC now owns 14,430 shares of the company’s stock valued at $997,000 after purchasing an additional 14,094 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of monday.com during the second quarter worth about $970,000. Finally, Arkadios Wealth Advisors bought a new position in shares of monday.com during the first quarter worth about $1,534,000. 73.70% of the stock is owned by institutional investors and hedge funds.

monday.com News Summary

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

• Positive Sentiment: A Seeking Alpha analysis rated monday.com a Buy and estimated intrinsic value at $113.50, citing potential margin expansion as operating expenses decline relative to revenue. The article said AI credits could increase revenue per customer, although execution remains important. monday.com: Operating Leverage Creates Upside, But AI Margins Remain The Key Risk
• Positive Sentiment: Other recent commentary described MNDY as potentially undervalued based on discounted future cash flow and estimated the shares could be modestly undervalued following the Harmony launch. The company’s latest reported quarter also showed revenue growth of 21.9% year over year and earnings well above consensus estimates. monday.com Stock Looks Cheap Based On Future Cash Flow monday.com Could Be 2% Undervalued After Harmony Launch
• Neutral Sentiment: monday.com was featured in Zacks’ growth-stock coverage and became one of the most heavily searched stocks on Zacks.com. The visibility may support trading interest, but search activity alone does not change the company’s fundamentals or valuation. Investors Heavily Search monday.com
• Negative Sentiment: Director Eyal Aviad sold 2,000 shares for approximately $200,080. The transaction represented less than 1% of his holdings and was executed under a pre-arranged Rule 10b5-1 plan, reducing its significance but still creating a modest insider-selling signal. In addition, Barclays and Zacks Research recently lowered their ratings, while the broader analyst consensus remains Hold with a $111.70 target. monday.com Director Sells 2,000 Shares

monday.com Company Profile

monday.com Ltd. is a software company that provides a cloud-based Work Operating System (Work OS) designed to help organizations manage projects, workflows and business operations. Its platform uses configurable boards, dashboards, automations, integrations and collaboration tools, enabling teams to organize work and build workflows without extensive software development.

The company offers products tailored to several business functions, including monday work management for project and task coordination, monday CRM for sales and customer relationship processes, monday dev for software development teams, and monday service for managing customer support and service operations.