monday.com (NASDAQ:MNDY) Sets New 12-Month Low on Analyst Downgrade

Shares of monday.com Ltd. (NASDAQ:MNDY) hit a new 52-week low on Tuesday after Canaccord Genuity Group lowered their price target on the stock from $190.00 to $140.00. Canaccord Genuity Group currently has a buy rating on the stock. monday.com traded as low as $73.01 and last traded at $77.62, with a volume of 12893349 shares trading hands. The stock had previously closed at $98.00.

Several other brokerages have also commented on MNDY. Barclays set a $115.00 price target on shares of monday.com in a research note on Tuesday. KeyCorp lowered their target price on shares of monday.com from $220.00 to $140.00 and set an “overweight” rating on the stock in a research report on Tuesday. DA Davidson set a $100.00 price objective on shares of monday.com in a research report on Tuesday. Citigroup lowered their price target on monday.com from $230.00 to $176.00 and set a “buy” rating on the stock in a report on Tuesday. Finally, Zacks Research upgraded monday.com from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have given 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, the company has an average rating of “Moderate Buy” and an average target price of $162.88.

More monday.com News

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

• Positive Sentiment: MarketBeat argues software sell‑off is overdone and lists monday.com among software names to “buy on the dip,” framing the recent pullback as a potential buying opportunity for longer-term investors. AI Disruption Overblown! 4 Software Stocks to Buy on the Dip
• Positive Sentiment: The Globe and Mail’s earnings‑call coverage highlights that monday.com beat Q4 revenue and EPS and showed momentum with larger customers, supporting the company’s underlying growth even as management signaled caution. Monday.com Earnings Call Balances Profit With Caution
• Neutral Sentiment: Robert W. Baird reaffirmed a “neutral” rating but cut its price target sharply to $90 (from $175), which leaves room for upside versus current levels but signals lowered near‑term expectations. Baird rating
• Neutral Sentiment: Another Globe and Mail piece aggregates analyst views on monday.com and peers, offering mixed takeaways that underscore differing analyst expectations for SaaS growth and AI impacts. Analysts Offer Insights on Technology Companies
• Neutral Sentiment: Coverage noting the stock has slumped year‑to‑date but that at least one analyst calls it a “straightforward buy” frames the pullback as a contested opportunity rather than a clear cut negative. Monday.com (MNDY) slumps 34% YTD — analyst sees “straightforward buy”
• Negative Sentiment: Canaccord adjusted its 2026 growth expectations for monday.com ahead of earnings, signaling weaker forward revenue assumptions that can pressure valuation and investor sentiment. Canaccord resets 2026 growth expectations
• Negative Sentiment: Levi & Korsinsky announced an investigation alleging monday.com embedded known headwinds (no‑touch channel weakness and AI investment costs) into its reduced 2026 guidance without prior disclosure — a potential legal/PR risk. Monday.com’s No-Touch Channel Weakness and AI Investment Costs Were Embedded in Guidance
• Negative Sentiment: Market commentary (Yahoo) and other outlets covered a sharp intraday plunge (~20%) and the broader software sell‑off, which can perpetuate volatility and trigger stop‑loss selling. The Software Armageddon Claims a New Victim as Monday.com Plunges 20%
• Negative Sentiment: Coverage reporting shares gapped down after analyst actions highlights near‑term technical weakness and consensus repricing risk. monday.com (NASDAQ:MNDY) Shares Gap Down Following Analyst Downgrade

Institutional Trading of monday.com

Several institutional investors and hedge funds have recently made changes to their positions in MNDY. NewEdge Advisors LLC raised its position in shares of monday.com by 2,120.0% in the first quarter. NewEdge Advisors LLC now owns 111 shares of the company’s stock valued at $27,000 after buying an additional 106 shares during the last quarter. Advisory Services Network LLC acquired a new position in monday.com during the third quarter worth approximately $28,000. Abound Wealth Management purchased a new stake in shares of monday.com during the 4th quarter valued at $30,000. Promus Capital LLC acquired a new position in monday.com in the second quarter valued at $45,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of monday.com by 575.8% in the 3rd quarter. Smartleaf Asset Management LLC now owns 223 shares of the company’s stock valued at $45,000 after purchasing an additional 190 shares in the last quarter. 73.70% of the stock is currently owned by hedge funds and other institutional investors.

monday.com Stock Up 0.7%

The company’s fifty day moving average is $132.57 and its 200 day moving average is $169.80. The stock has a market cap of $3.74 billion, a PE ratio of 32.72, a price-to-earnings-growth ratio of 1.65 and a beta of 1.25.

monday.com (NASDAQ:MNDY) last issued its earnings results on Monday, February 9th. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.91 by $0.13. The company had revenue of $333.88 million during the quarter, compared to the consensus estimate of $329.71 million. monday.com had a return on equity of 4.80% and a net margin of 9.64%.The company’s revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.08 earnings per share. Equities analysts expect that monday.com Ltd. will post 0.46 EPS for the current year.

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.