monday.com (NASDAQ:MNDY) Stock Gets Price Target Cut from JPMorgan Chase & Co.

monday.com (NASDAQ:MNDY) had its target price cut by JPMorgan Chase & Co. from $87.00 to $84.00 in a report issued on Tuesday morning,Benzinga reports. They currently have a neutral rating on the stock.

Several other research analysts have also issued reports on MNDY. Capital One Financial lowered shares of monday.com from an “overweight” rating to an “equal weight” rating and set a $95.00 target price on the stock. in a research note on Monday, August 10th. Barclays decreased their price target on shares of monday.com from $100.00 to $91.00 and set an “equal weight” rating for the company in a research note on Tuesday. Wall Street Zen raised shares of monday.com from a “hold” rating to a “buy” rating in a research note on Sunday, November 1st. Piper Sandler reiterated a “neutral” rating and set a $90.00 price objective on shares of monday.com in a report on Thursday, October 29th. Finally, Guggenheim reiterated a “buy” rating and set a $130.00 price objective on shares of monday.com in a report on Tuesday, November 3rd. Nine equities research analysts have rated the stock with a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $103.09.

monday.com Stock Performance

monday.com stock opened at $77.04 on Tuesday. The stock has a market capitalization of $3.94 billion, a price-to-earnings ratio of 26.57, a PEG ratio of 1.40 and a beta of 1.06. monday.com has a 52-week low of $57.50 and a 52-week high of $164.49. The stock’s 50 day moving average price is $89.08 and its two-hundred day moving average price is $82.03.

monday.com (NASDAQ:MNDY) last announced its quarterly earnings data on Monday, November 9th. The company reported $2.14 EPS for the quarter, topping the consensus estimate of $1.41 by $0.73. The company had revenue of $377.54 million during the quarter, compared to the consensus estimate of $369.17 million. monday.com had a net margin of 10.05% and a return on equity of 16.75%. The company’s quarterly revenue was up 19.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.16 EPS. On average, equities research analysts forecast that monday.com will post 2.34 EPS for the current year.

Insider Buying and Selling at monday.com

In other news, Director Aviad Eyal sold 2,000 shares of the firm’s 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 transaction, the director owned 203,455 shares in the company, valued at $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 Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 22.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On monday.com

Several institutional investors have recently bought and sold shares of MNDY. AlphaGrep UK Ltd bought a new position in monday.com during the 3rd quarter valued at $209,000. First Trust Advisors LP purchased a new position in monday.com during the 3rd quarter worth $825,000. Advisors Asset Management Inc. bought a new stake in shares of monday.com in the 3rd quarter worth $159,000. Global Retirement Partners LLC raised its holdings in shares of monday.com by 600.0% in the third quarter. Global Retirement Partners LLC now owns 896 shares of the company’s stock valued at $70,000 after purchasing an additional 768 shares during the last quarter. Finally, Virtus Advisers LLC purchased a new stake in shares of monday.com in the third quarter valued at about $835,000. Institutional investors own 73.70% of the company’s stock.

Key Stories Impacting monday.com

Here are a few of the latest stories about MNDY:

• Neutral Sentiment: Q3 results beat analyst estimates: earnings were $2.14 per share versus $1.41 expected, and revenue was $377.5 million versus $369.2 million expected, up 19.1% year over year. However, investors are weighing those results against concerns about the growth outlook. Q3 Earnings Call Highlights
• Negative Sentiment: Multiple firms cut price targets, including Wells Fargo, BTIG, Barclays, JPMorgan, Citi and UBS. Canaccord downgraded the stock, while Needham also lowered its rating to Hold, citing disappointing Q3 results. The breadth of these moves signals more cautious expectations for MNDY. Wells Fargo forecast Analyst insights
• Negative Sentiment: Management’s discussion pointed to slowing revenue growth, longer sales cycles and weakness among small businesses, tempering optimism about AI monetization and enterprise expansion. Reports of heavy put-option buying also reflect bearish positioning, though options activity alone does not establish the market’s direction. Q3 Earnings Call Highlights Put options activity

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.