monday.com (NASDAQ:MNDY) Price Target Cut to $100.00 by Analysts at Wells Fargo & Company

monday.com (NASDAQ:MNDY) had its price objective cut by analysts at Wells Fargo & Company from $120.00 to $100.00 in a research note issued on Tuesday, Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective indicates a potential upside of 28.33% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. Bank of America reiterated a “neutral” rating on shares of monday.com in a report on Tuesday. Citigroup lowered their price objective on shares of monday.com from $154.00 to $132.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Zacks Research lowered monday.com from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 15th. Barclays cut their price objective on monday.com from $100.00 to $91.00 and set an “equal weight” rating for the company in a report on Tuesday. Finally, TD Cowen reaffirmed a “hold” rating on shares of monday.com in a research report on Tuesday. Ten equities research analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $103.91.

monday.com Trading Down 2.5%

Shares of NASDAQ MNDY traded down $2.01 during midday trading on Tuesday, reaching $77.92. The company’s stock had a trading volume of 180,948 shares, compared to its average volume of 1,753,144. monday.com has a fifty-two week low of $57.50 and a fifty-two week high of $169.76. The stock has a market capitalization of $3.99 billion, a price-to-earnings ratio of 33.03, a PEG ratio of 2.18 and a beta of 1.06. The stock has a 50 day simple moving average of $90.30 and a 200-day simple moving average of $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. As a group, equities analysts anticipate 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 the stock in a transaction dated 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 sale, the director owned 203,455 shares in the company, valued at approximately $20,353,638.20. This trade represents a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 22.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of MNDY. Virtus Advisers LLC purchased a new position in monday.com in the third quarter worth $835,000. Diversified Trust Co purchased a new position in shares of monday.com in the third quarter worth about $421,000. Russell Investments Group Ltd. lifted its stake in monday.com by 4,477.7% during the 3rd quarter. Russell Investments Group Ltd. now owns 178,530 shares of the company’s stock valued at $13,946,000 after acquiring an additional 174,630 shares during the period. First Command Advisory Services Inc. acquired a new stake in monday.com during the third quarter worth about $200,000. Finally, Commonwealth Equity Services LLC lifted its stake in shares of monday.com by 56.8% in the 3rd quarter. Commonwealth Equity Services LLC now owns 4,746 shares of the company’s stock valued at $372,000 after purchasing an additional 1,720 shares during the period. 73.70% of the stock is currently owned by hedge funds and other institutional investors.

monday.com News Summary

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

• Positive Sentiment: Q3 revenue rose 19.1% year over year to $377.5 million, topping expectations, while EPS of $2.14 also beat forecasts. Annual recurring revenue from AI features reached $36 million, offering evidence of traction in the company’s AI strategy. Monday.com: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Management expects 2026 revenue of about $1.47 billion to $1.48 billion, broadly in line with estimates. Some analysts argue that roughly 20% growth and the Q3 beat-and-raise support the company’s longer-term case, even as near-term headwinds persist. 2026 revenue outlook
• Negative Sentiment: Q4 revenue guidance of $380 million to $382 million came in below the $385.5 million consensus estimate. Investors are concerned that the AI-first strategy and push toward larger customers are creating transition pains, alongside slower growth and cautious customer spending. The softer outlook has overshadowed the quarterly beat. Monday.com falls despite Q3 beat, sees near-term operational headwinds
• Negative Sentiment: Analyst sentiment has also weakened: Needham downgraded MNDY to Hold from Buy, following downgrades from Canaccord and Loop Capital. BTIG trimmed its price target to $100 but maintained a Buy rating, providing a more favorable counterpoint. Needham downgrades monday.com to Hold

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.