monday.com (NASDAQ:MNDY) Stock Gets Price Target Reduction from Citigroup

monday.com (NASDAQ:MNDY) had its price target reduced by research analysts at Citigroup from $132.00 to $127.00 in a research note issued on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Citigroup‘s price objective would suggest a potential upside of 69.16% from the stock’s current price.

Other research analysts have also issued reports about the stock. Cantor Fitzgerald lowered shares of monday.com from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $112.00 to $90.00 in a research note on Monday, August 10th. Canaccord Genuity Group downgraded monday.com from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $115.00 to $90.00 in a research report on Monday. Morgan Stanley lowered their price target on monday.com from $115.00 to $109.00 and set an “overweight” rating on the stock in a report on Tuesday. TD Cowen cut their target price on shares of monday.com from $105.00 to $95.00 and set a “hold” rating for the company in a research report on Tuesday. Finally, Oppenheimer set a $90.00 price objective on monday.com in a report on Monday. Ten research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to data from MarketBeat, monday.com has an average rating of “Hold” and an average target price of $103.30.

monday.com Stock Performance

NASDAQ:MNDY traded down $4.85 during mid-day trading on Tuesday, hitting $75.08. The company had a trading volume of 902,202 shares, compared to its average volume of 1,756,592. monday.com has a fifty-two week low of $57.50 and a fifty-two week high of $169.76. The firm has a market cap of $3.84 billion, a P/E ratio of 31.86, a P/E/G ratio of 2.18 and a beta of 1.06. The business’s fifty day moving average is $90.30 and its two-hundred day moving average is $82.81.

monday.com (NASDAQ:MNDY) last announced its quarterly earnings data on Monday, November 9th. The company reported $2.14 earnings per share for the quarter, beating the consensus estimate of $1.41 by $0.73. The company 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%. monday.com’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.16 EPS. Equities analysts forecast that monday.com will post 2.34 earnings per share for the current year.

Insider Buying and Selling 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 value of $200,080.00. Following the completion of the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 22.30% of the company’s stock.

Institutional Investors Weigh In On monday.com

Hedge funds have recently made changes to their positions in the company. SEB Asset Management AB purchased a new position in shares of monday.com during the 1st quarter valued at approximately $1,639,000. Swiss National Bank boosted its holdings in monday.com by 28.6% during the first quarter. Swiss National Bank now owns 159,100 shares of the company’s stock worth $10,995,000 after buying an additional 35,400 shares in the last quarter. Empowered Funds LLC grew its position in monday.com by 4,194.6% during the first quarter. Empowered Funds LLC now owns 14,430 shares of the company’s stock valued at $997,000 after buying an additional 14,094 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in monday.com during the second quarter valued at $970,000. Finally, Arkadios Wealth Advisors purchased a new position in monday.com in the first quarter valued at $1,534,000. 73.70% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting monday.com

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

• Positive Sentiment: Third-quarter results beat expectations: earnings were $2.14 per share versus a $1.41 consensus, while revenue rose 19.1% year over year to $377.5 million. A report said cost reductions helped lift non-GAAP operating margin to a record 24%. MNDY Q3 Earnings Beat Estimates on Cost Cuts, Revenues Rise Y/Y
• Positive Sentiment: AI features generated $36 million in annual recurring revenue, and BTIG, Morgan Stanley and Wells Fargo maintained positive ratings despite lowering their price targets. Monday.com: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Full-year revenue guidance was about in line with expectations, at roughly $1.5 billion. monday.com Expects 2026 Revenue Range
• Negative Sentiment: Fourth-quarter revenue guidance of $380 million–$382 million came in below the roughly $385.5 million consensus. The company cited slower demand and longer enterprise sales cycles, raising concerns about growth and the near-term effects of its AI and upmarket strategy. Shares Sink as Weak Guidance Overshadows Q3 Results
• Negative Sentiment: Several firms reduced price targets; Needham and Canaccord downgraded MNDY from Buy to Hold. These revisions suggest less confidence in the stock’s near-term outlook, even though some firms’ targets remain above its recent trading level. Needham Downgrades monday.com to Hold From Buy

About monday.com

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.