Monday.Com MNDY underwent analysis by 14 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 9 | 2 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 1 | 5 | 1 | 0 | 0 |
| 2M Ago | 0 | 2 | 0 | 0 | 0 |
| 3M Ago | 1 | 2 | 1 | 0 | 0 |
Analysts have set 12-month price targets for Monday.Com, revealing an average target of $229.64, a high estimate of $280.00, and a low estimate of $190.00. This upward trend is apparent, with the current average reflecting a 9.48% increase from the previous average price target of $209.75.
Investigating Analyst Ratings: An Elaborate Study
A comprehensive examination of how financial experts perceive Monday.Com is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Michael Funk | B of A Securities | Announces | Buy | $280.00 | - |
| George Iwanyc | Oppenheimer | Raises | Outperform | $240.00 | $220.00 |
| Gil Luria | DA Davidson | Maintains | Neutral | $190.00 | - |
| Scott Berg | Needham | Maintains | Buy | $230.00 | - |
| Brent Bracelin | Piper Sandler | Maintains | Overweight | $250.00 | - |
| Jason Celino | Keybanc | Raises | Overweight | $242.00 | $238.00 |
| Jason Celino | Keybanc | Raises | Overweight | $238.00 | $220.00 |
| Brent Bracelin | Piper Sandler | Maintains | Overweight | $250.00 | - |
| Jason Celino | Keybanc | Raises | Overweight | $220.00 | $205.00 |
| 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 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Monday.Com. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Monday.Com compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Monday.Com's stock. This comparison reveals trends in analysts' expectations over time.
To gain a panoramic view of Monday.Com's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on Monday.Com analyst ratings.
Unveiling the Story Behind 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.
Breaking Down Monday.Com's Financial Performance
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Monday.Com's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 7.07%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 6.09%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Monday.Com's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.57%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Monday.Com's ROA stands out, surpassing industry averages. With an impressive ROA of 1.0%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Monday.Com's debt-to-equity ratio is below the industry average. With a ratio of 0.08, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
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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