What Analysts Are Saying About Monday.Com Stock

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Throughout the last three months, 13 analysts have evaluated Monday.Com MNDY, offering a diverse set of opinions from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 3 7 3 0 0
Last 30D 0 1 0 0 0
1M Ago 1 1 1 0 0
2M Ago 2 1 2 0 0
3M Ago 0 4 0 0 0

The 12-month price targets, analyzed by analysts, offer insights with an average target of $322.85, a high estimate of $350.00, and a low estimate of $270.00. This upward trend is evident, with the current average reflecting a 3.64% increase from the previous average price target of $311.50.

price target chart

Decoding Analyst Ratings: A Detailed Look

In examining recent analyst actions, we gain insights into how financial experts perceive Monday.Com. The following summary 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 Lowers Overweight $345.00 $350.00
Mark Schappel Loop Capital Lowers Buy $300.00 $310.00
Steven Enders Citigroup Lowers Neutral $302.00 $338.00
Brent Bracelin Piper Sandler Maintains Overweight $350.00 $350.00
David Hynes Canaccord Genuity Raises Buy $310.00 $295.00
Rob Oliver Baird Raises Neutral $270.00 $265.00
Lucky Schreiner DA Davidson Maintains Neutral $300.00 $300.00
Scott Berg Needham Raises Buy $350.00 $300.00
Brent Bracelin Piper Sandler Raises Overweight $350.00 $340.00
Michael Berg Wells Fargo Raises Overweight $330.00 $315.00
George Iwanyc Oppenheimer Raises Outperform $325.00 $275.00
Brent Bracelin Piper Sandler Raises Overweight $340.00 $300.00
Connor Murphy Capital One Announces Overweight $325.00 -

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Monday.Com. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Analysts assign qualitative assessments to stocks, ranging from 'Outperform' to 'Underperform'. These ratings convey the analysts' 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.

For valuable insights into Monday.Com's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Monday.Com analyst ratings.

About Monday.Com

Monday.com is a provider of work management software delivered via a cloud-based software-as-a-service, or SaaS model. The firm's solutions offer flexible and highly customizable tools to digitize business processes across countless use cases. Monday's offering supports workflow management across departments, real-time visibility and accountability, and automation capabilities. Monday also offers prepackaged CRM and DevOps management solutions, in addition to standalone survey and digital whiteboard tools. As of 2023, Monday served over 225,000 customers in more than 200 countries.

A Deep Dive into Monday.Com's Financials

Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.

Positive Revenue Trend: Examining Monday.Com's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 32.67% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Information Technology sector.

Net Margin: Monday.Com's net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -4.79%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -1.28%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Monday.Com's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.79%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Monday.Com's debt-to-equity ratio is below the industry average. With a ratio of 0.09, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

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.

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.

Which Stocks Are Analysts Recommending Now?

Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. Click here to stay ahead of the market.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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