monday.com (NASDAQ:MNDY) Shares Gap Up – Here’s What Happened

Shares of monday.com Ltd. (NASDAQ:MNDY) gapped up prior to trading on Friday . The stock had previously closed at $65.87, but opened at $69.78. monday.com shares last traded at $68.6210, with a volume of 211,778 shares traded.

Key Stories Impacting monday.com

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

• Positive Sentiment: Broker/analyst commentary is encouraging buying interest — a Zacks piece highlights that some brokers are recommending investing in monday.com, which can attract short?term inflows and support the stock. Brokers Suggest Investing in Monday.com (MNDY)
• Neutral Sentiment: A valuation review notes recent returns have cooled and growth expectations are being reset — this can temper upside despite positive analyst notes by reducing near?term conviction among growth investors. Assessing monday.com (MNDY) Valuation As Recent Returns Cool And Growth Expectations Reset
• Negative Sentiment: Faruqi & Faruqi issued a shareholder reminder about a securities?class?action deadline (May 11, 2026) for purchases during Sept 17, 2025–Feb 6, 2026 — active litigation publicity raises legal risk and can pressure sentiment and liquidity. MNDY SHAREHOLDER REMINDER: Faruqi & Faruqi, LLP Reminds monday.com (MNDY) Investors of Securities Class Action Deadline on May 11, 2026
• Negative Sentiment: The Gross Law Firm issued a shareholder alert about a pending securities class action — another sign of multiple plaintiff firms soliciting clients, which can amplify negative headlines and selling pressure. MNDY Shareholder Alert: monday.com Ltd. Securities Class Action Lawsuit
• Negative Sentiment: Multiple other plaintiff firms (Rosen, Pomerantz, Bragar Eagel & Squire, Schall, Glancy, Pomerantz and others) have issued reminders/alerts seeking lead plaintiffs for the same class period — this cluster of notices increases the probability of sustained litigation coverage and headline risk. Representative filing/notice: INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in monday.com Ltd. of Class Action Lawsuit and Upcoming Deadlines

Analysts Set New Price Targets

MNDY has been the topic of a number of research reports. Guggenheim set a $130.00 price target on shares of monday.com and gave the stock a “buy” rating in a report on Thursday, April 9th. Barclays dropped their price target on monday.com from $115.00 to $95.00 and set an “overweight” rating on the stock in a research report on Monday, April 20th. Cantor Fitzgerald lowered their price objective on monday.com from $148.00 to $95.00 and set an “overweight” rating on the stock in a research note on Tuesday, February 10th. Canaccord Genuity Group cut their target price on shares of monday.com from $190.00 to $140.00 and set a “buy” rating for the company in a research report on Tuesday, February 10th. Finally, UBS Group lowered their price target on shares of monday.com from $140.00 to $93.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, monday.com currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.83.

monday.com Price Performance

The company has a fifty day moving average price of $70.42 and a 200 day moving average price of $119.77. The company has a market cap of $3.66 billion, a PE ratio of 31.65, a price-to-earnings-growth ratio of 1.33 and a beta of 1.29.

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

Hedge Funds Weigh In On monday.com

A number of large investors have recently added to or reduced their stakes in MNDY. NewEdge Advisors LLC boosted its holdings in monday.com by 2,120.0% during the 1st quarter. NewEdge Advisors LLC now owns 111 shares of the company’s stock valued at $27,000 after acquiring an additional 106 shares during the period. American Century Companies Inc. raised its holdings in monday.com by 75.3% in the 2nd quarter. American Century Companies Inc. now owns 4,192 shares of the company’s stock worth $1,318,000 after purchasing an additional 1,801 shares in the last quarter. EverSource Wealth Advisors LLC increased its position 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 valued at $47,000 after buying an additional 65 shares during the period. Cerity Partners LLC boosted its position in monday.com by 28.8% during the 2nd quarter. Cerity Partners LLC now owns 2,596 shares of the company’s stock valued at $816,000 after acquiring an additional 580 shares in the last quarter. Finally, WINTON GROUP Ltd bought a new position in shares of monday.com in the 2nd quarter worth approximately $398,000. Hedge funds and other 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.