Citigroup Cuts monday.com (NASDAQ:MNDY) Price Target to $176.00

monday.com (NASDAQ:MNDY) had its price target lowered by Citigroup from $230.00 to $176.00 in a report released on Tuesday,Benzinga reports. The firm currently has a buy rating on the stock.

Other analysts also recently issued reports about the company. Needham & Company LLC cut their target price on monday.com from $250.00 to $125.00 and set a “buy” rating for the company in a research note on Monday. Piper Sandler dropped their price objective on shares of monday.com from $170.00 to $100.00 and set an “overweight” rating for the company in a report on Tuesday. Bank of America cut their price objective on shares of monday.com from $157.00 to $95.00 and set a “neutral” rating for the company in a research report on Tuesday. Robert W. Baird reaffirmed a “neutral” rating and set a $90.00 target price (down from $175.00) on shares of monday.com in a research note on Tuesday. Finally, Tigress Financial increased their price target on shares of monday.com from $295.00 to $310.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $162.88.

monday.com Price Performance

MNDY opened at $73.63 on Tuesday. The firm has a market capitalization of $3.74 billion, a price-to-earnings ratio of 32.72, a price-to-earnings-growth ratio of 1.65 and a beta of 1.25. The company’s 50 day simple moving average is $132.57 and its two-hundred day simple moving average is $169.80. monday.com has a 1-year low of $68.68 and a 1-year high of $328.45.

monday.com (NASDAQ:MNDY) last posted its quarterly 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 during the quarter, compared to analyst estimates of $329.71 million. During the same period in the prior year, the business earned $1.08 earnings per share. The business’s revenue was up 24.6% compared to the same quarter last year. On average, equities analysts anticipate that monday.com will post 0.46 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of MNDY. Spire Wealth Management raised its stake in shares of monday.com by 7.5% in the 2nd quarter. Spire Wealth Management now owns 615 shares of the company’s stock valued at $193,000 after acquiring an additional 43 shares during the period. CWM LLC boosted its position in shares of monday.com by 31.3% during the 2nd quarter. CWM LLC now owns 210 shares of the company’s stock worth $66,000 after purchasing an additional 50 shares during the period. RFG Advisory LLC increased its holdings in monday.com by 2.9% in the 2nd quarter. RFG Advisory LLC now owns 1,958 shares of the company’s stock valued at $616,000 after purchasing an additional 55 shares during the last quarter. Hazlett Burt & Watson Inc. raised its position in monday.com by 60.0% in the second quarter. Hazlett Burt & Watson Inc. now owns 160 shares of the company’s stock valued at $50,000 after purchasing an additional 60 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in monday.com by 76.5% during the second quarter. EverSource Wealth Advisors LLC now owns 150 shares of the company’s stock worth $47,000 after purchasing an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 73.70% of the company’s stock.

Trending Headlines about monday.com

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.