Canaccord Genuity Group Cuts monday.com (NASDAQ:MNDY) Price Target to $140.00

monday.com (NASDAQ:MNDY) had its target price decreased by Canaccord Genuity Group from $190.00 to $140.00 in a research note released on Tuesday,Benzinga reports. Canaccord Genuity Group currently has a buy rating on the stock.

MNDY has been the subject of a number of other research reports. Tigress Financial lifted their price objective on shares of monday.com from $295.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Needham & Company LLC reduced their target price on shares of monday.com from $250.00 to $125.00 and set a “buy” rating on the stock in a research report on Monday. Barclays set a $115.00 price target on shares of monday.com in a research note on Tuesday. Oppenheimer decreased their target price on monday.com from $200.00 to $130.00 and set an “outperform” rating for the company in a research report on Monday. Finally, Wells Fargo & Company lowered their target price on monday.com from $200.00 to $130.00 and set an “overweight” rating for the company in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $162.88.

monday.com Stock Up 0.7%

Shares of monday.com stock opened at $73.63 on Tuesday. The stock’s fifty day moving average is $132.57 and its two-hundred day moving average is $169.80. The company has a market capitalization 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 has a 52 week low of $68.68 and a 52 week high of $328.45.

monday.com (NASDAQ:MNDY) last released 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 business 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 business’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period last year, the company earned $1.08 earnings per share. As a group, research analysts anticipate that monday.com will post 0.46 earnings per share for the current year.

Institutional Investors Weigh In On monday.com

A number of hedge funds have recently made changes to their positions in MNDY. NewEdge Advisors LLC grew its stake in 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 purchasing an additional 106 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of monday.com in the 3rd quarter valued at about $28,000. Abound Wealth Management bought a new stake in shares of monday.com in the 4th quarter valued at about $30,000. Promus Capital LLC purchased a new position in shares of monday.com in the 2nd quarter worth approximately $45,000. Finally, Smartleaf Asset Management LLC raised its stake in shares of monday.com by 575.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 223 shares of the company’s stock worth $45,000 after acquiring 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 News Roundup

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

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.