Throughout the last three months, 12 analysts have evaluated Monday.Com MNDY, offering a diverse set of opinions from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 6 | 3 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 2 | 1 | 0 | 0 |
| 2M Ago | 1 | 2 | 1 | 0 | 0 |
| 3M Ago | 1 | 1 | 1 | 0 | 0 |
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $196.58, a high estimate of $250.00, and a low estimate of $170.00. This current average represents a 2.25% decrease from the previous average price target of $201.11.
Decoding Analyst Ratings: A Detailed Look
The standing of Monday.Com among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Brent Bracelin | Piper Sandler | Raises | Overweight | $250.00 | $225.00 |
| Taylor McGinnis | UBS | Raises | Neutral | $200.00 | $185.00 |
| Brent Bracelin | Piper Sandler | Raises | Overweight | $225.00 | $200.00 |
| David Hynes | Canaccord Genuity | Maintains | Buy | $195.00 | - |
| Jason Celino | Keybanc | Raises | Overweight | $205.00 | $185.00 |
| Taylor McGinnis | UBS | Raises | Neutral | $185.00 | $175.00 |
| Jason Celino | Keybanc | Raises | Overweight | $185.00 | $180.00 |
| Jason Celino | Keybanc | Lowers | Overweight | $180.00 | $211.00 |
| Robert Simmons | DA Davidson | Announces | Buy | $170.00 | - |
| Steven Enders | Citigroup | Lowers | Buy | $189.00 | $234.00 |
| Brent Bracelin | Piper Sandler | Lowers | Overweight | $200.00 | $215.00 |
| Taylor McGinnis | UBS | Announces | Neutral | $175.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Monday.Com. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Monday.Com compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Monday.Com's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Monday.Com's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Monday.Com analyst ratings.
All You Need to Know About Monday.Com
Monday.Com Ltd Work OS is an open platform that democratizes the power of software so organizations can easily build work management tools and software applications to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work while creating an environment of transparency in business. Monday.com operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Sydney, Sao Paulo, and Tokyo.
A Deep Dive into Monday.Com's Financials
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Positive Revenue Trend: Examining Monday.Com's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 38.2% as of 30 September, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Information Technology sector.
Net Margin: Monday.Com's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 3.96% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Monday.Com's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of 1.01%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Monday.Com's ROA stands out, surpassing industry averages. With an impressive ROA of 0.64%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a below-average debt-to-equity ratio of 0.08, Monday.Com adopts a prudent financial strategy, indicating a balanced approach to debt management.
The Significance of Analyst Ratings Explained
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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