Canaccord Genuity Group Has Lowered Expectations for monday.com (NASDAQ:MNDY) Stock Price

monday.com (NASDAQ:MNDY) had its price target dropped by analysts at Canaccord Genuity Group from $190.00 to $140.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target would indicate a potential upside of 87.67% from the company’s previous close.

Several other research firms also recently weighed in on MNDY. Barclays set a $115.00 target price on shares of monday.com in a research report on Tuesday. Guggenheim decreased their price objective on monday.com from $250.00 to $180.00 and set a “buy” rating for the company in a report on Tuesday. Morgan Stanley decreased their price objective on shares of monday.com from $236.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, January 27th. KeyCorp lowered their target price on monday.com from $220.00 to $140.00 and set an “overweight” rating on the stock in a report on Tuesday. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of monday.com in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $162.88.

monday.com Trading Down 3.9%

Shares of NASDAQ MNDY traded down $3.03 during midday trading on Tuesday, reaching $74.60. 4,233,201 shares of the stock were exchanged, compared to its average volume of 2,389,876. monday.com has a 52-week low of $73.01 and a 52-week high of $334.90. The company has a market capitalization of $3.79 billion, a P/E ratio of 60.45, a P/E/G ratio of 2.22 and a beta of 1.26. The stock has a 50 day moving average price of $137.28 and a 200-day moving average price of $172.70.

monday.com (NASDAQ:MNDY) last posted its quarterly earnings results on Monday, February 9th. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.13. The company had revenue of $333.88 million for the quarter, compared to the consensus estimate of $329.71 million. monday.com had a net margin of 5.58% and a return on equity of 5.99%. monday.com’s revenue was up 24.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.08 earnings per share. On average, analysts forecast that monday.com will post 0.46 earnings per share for the current year.

Hedge Funds Weigh In On monday.com

A number of hedge funds have recently made changes to their positions in the business. NewEdge Advisors LLC grew its stake in monday.com by 2,120.0% during the first quarter. NewEdge Advisors LLC now owns 111 shares of the company’s stock worth $27,000 after buying an additional 106 shares during the last quarter. Advisory Services Network LLC acquired a new position in monday.com in the third quarter valued at approximately $28,000. Abound Wealth Management acquired a new position in shares of monday.com in the 4th quarter valued at $30,000. Promus Capital LLC bought a new position in monday.com during the second quarter worth about $45,000. Finally, Smartleaf Asset Management LLC grew its holdings in monday.com by 575.8% during the third quarter. Smartleaf Asset Management LLC now owns 223 shares of the company’s stock valued at $45,000 after purchasing an additional 190 shares during the period. Institutional investors and hedge funds own 73.70% of the company’s stock.

More monday.com News

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

• Positive Sentiment: Q4 results beat consensus: revenue and EPS topped expectations and growth metrics (RPO, large‑account retention) showed continued enterprise traction. This is the primary fundamental support for the stock. monday.com Announces Fourth Quarter and Fiscal Year 2025 Results
• Positive Sentiment: Balance sheet / capital return optionality and institutional buying: management has cash and a sizable buyback authorization, and MarketBeat / Seeking Alpha note institutions have been accumulating—factors that can limit downside and support a rebound. Ignore The Bearish Frenzy And Buy The Dip
• Neutral Sentiment: Analysts are trimming price targets but many kept buy/overweight ratings: several firms (Citigroup, Wells Fargo, KeyCorp, BTIG, Cantor, Piper, BofA, DA Davidson) lowered targets this morning yet kept constructive ratings, leaving a wide range of analyst views and implied upside. Benzinga coverage of analyst price-target changes
• Negative Sentiment: Cautious FY26 guidance drove the sell‑off: management’s 2026 revenue and operating‑income guidance came in below street expectations and compressed margin outlooks, which overshadowed the quarter’s beat. That guidance is the main proximate cause of today’s weakness. Monday.com drops as AI disruption fears mount
• Negative Sentiment: AI disruption concerns: several writeups and the earnings call flagged agentic AI tools as a structural threat to “no‑touch” SMB workflows—raising investor concern that part of monday.com’s value proposition could be eroded, particularly for smaller customers. monday.com Is Being Disrupted By AI
• Negative Sentiment: Heavy volume and sharp price action suggest sentiment‑driven capitulation: multiple outlets report large pre‑market/early‑session gaps and steep intraday drops as investors reprice the stock on the guidance/AI headlines. Monday.com plunges again following guidance

monday.com Company Profile

monday.com is a software-as-a-service (SaaS) company that provides a cloud-based Work Operating System (Work OS) designed to help teams plan, organize and track their work. The platform offers customizable workflows that support project management, task delegation, time tracking and collaboration across departments. monday.com’s visual interface enables users to create boards, automations and dashboards to centralize information and streamline processes without requiring extensive coding knowledge.

The company’s product portfolio includes monday Work OS, which can be adapted for use cases ranging from marketing campaign management and sales pipelines to software development sprints and human resources onboarding.