Citigroup Issues Pessimistic Forecast for monday.com (NASDAQ:MNDY) Stock Price

monday.com (NASDAQ:MNDY) had its price target cut by equities researchers at Citigroup from $230.00 to $176.00 in a note issued to investors on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s target price would indicate a potential upside of 140.80% from the stock’s previous close.

A number of other brokerages have also recently issued reports on MNDY. Zacks Research upgraded monday.com from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. Wells Fargo & Company dropped their price target on shares of monday.com from $200.00 to $130.00 and set an “overweight” rating on the stock in a research report on Tuesday. Bank of America cut their price target on shares of monday.com from $157.00 to $95.00 and set a “neutral” rating for the company in a research note on Tuesday. DA Davidson set a $100.00 price objective on shares of monday.com in a research note on Tuesday. Finally, Barclays set a $115.00 target price on shares of monday.com in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $162.88.

monday.com Price Performance

Shares of NASDAQ:MNDY opened at $73.09 on Tuesday. The company’s 50-day moving average price is $134.20 and its two-hundred day moving average price is $170.48. monday.com has a one year low of $68.68 and a one year high of $332.90. The stock has a market capitalization of $3.71 billion, a PE ratio of 32.48, a price-to-earnings-growth ratio of 1.68 and a beta of 1.25.

monday.com (NASDAQ:MNDY) last released its earnings results on Monday, February 9th. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.13. monday.com had a return on equity of 4.80% and a net margin of 9.64%.The business had revenue of $333.88 million for the quarter, compared to the consensus estimate of $329.71 million. During the same quarter in the previous year, the business earned $1.08 earnings per share. monday.com’s quarterly revenue was up 24.6% on a year-over-year basis. On average, analysts anticipate that monday.com will post 0.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Capital World Investors raised its holdings in monday.com by 91.4% in the 4th quarter. Capital World Investors now owns 3,286,461 shares of the company’s stock valued at $484,950,000 after acquiring an additional 1,569,198 shares during the period. Norges Bank acquired a new position in shares of monday.com in the fourth quarter valued at approximately $79,789,000. SG Americas Securities LLC increased its stake in shares of monday.com by 110.9% during the fourth quarter. SG Americas Securities LLC now owns 932,912 shares of the company’s stock worth $137,660,000 after purchasing an additional 490,491 shares during the period. Baillie Gifford & Co. lifted its holdings in monday.com by 136.5% during the 3rd quarter. Baillie Gifford & Co. now owns 708,278 shares of the company’s stock worth $137,186,000 after purchasing an additional 408,848 shares during the last quarter. Finally, Nordea Investment Management AB lifted its holdings in monday.com by 2,501.5% during the 3rd quarter. Nordea Investment Management AB now owns 326,951 shares of the company’s stock worth $62,990,000 after purchasing an additional 314,383 shares during the last quarter. 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: Some investors/analysts view the sell‑off as overdone and a buying opportunity, arguing fundamentals (large‑customer momentum, ARR growth and AI product rollouts) support a rebound. AI Disruption Overblown! 4 Software Stocks to Buy on the Dip
• Positive Sentiment: A Seeking Alpha piece upgraded MNDY after the plunge, citing multi‑product AI strategy, expanding enterprise book and attractive valuation as reasons to be more bullish. monday.com’s Plunge Finally Justifies An Upgrade
• Neutral Sentiment: Q4 results beat consensus on EPS and revenue, and management highlighted upmarket traction, but the earnings call balanced profit with explicit caution on the outlook — leaving near‑term visibility murky. Monday.com Earnings Call Balances Profit With Caution
• Neutral Sentiment: Robert W. Baird reaffirmed a neutral rating but sharply cut its price target (from $175 to $90), reflecting more conservative near‑term expectations while not taking a fully negative stance. Baird Reaffirms Neutral on MNDY
• Negative Sentiment: Multiple brokerages cut price targets (several remain Buy/Overweight but at lower levels), signaling diminished near‑term growth visibility and prompting selling pressure. Examples include cuts from Cantor, Piper, KeyCorp, BTIG and others. See analyst notes
• Negative Sentiment: Levi & Korsinsky launched an investigation alleging monday.com embedded known no‑touch channel weakness and AI investment costs into its reduced 2026 guidance without prior disclosure — a headline that increases legal/regulatory risk and investor anxiety. Monday.com’s No-Touch Channel Weakness and AI Investment Costs Were Embedded in Guidance Without Prior Disclosure Levi & Korsinsky Launches Fraud Investigation on Behalf of monday.com Ltd. (MNDY) Shareholders
• Negative Sentiment: Media coverage frames the move as part of a broader “software/AI” sell‑off; several headlines note large intraday plunges, gap downs and accelerated selling that can trigger momentum selling and stop‑loss cascades. The Software Armageddon Claims a New Victim as Monday.com Plunges 20%

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.