Piper Sandler Cuts monday.com (NASDAQ:MNDY) Price Target to $100.00

monday.com (NASDAQ:MNDY) had its price target cut by Piper Sandler from $170.00 to $100.00 in a report released on Tuesday,Benzinga reports. They currently have an overweight rating on the stock.

Several other equities analysts have also weighed in on the stock. Bank of America decreased their target price on shares of monday.com from $157.00 to $95.00 and set a “neutral” rating on the stock in a report on Tuesday. Robert W. Baird reiterated a “neutral” rating and issued a $90.00 price objective (down from $175.00) on shares of monday.com in a report on Tuesday. Morgan Stanley lowered their price objective on monday.com from $236.00 to $200.00 and set an “overweight” rating for the company in a research report on Tuesday, January 27th. Loop Capital set a $80.00 price target on monday.com in a report on Tuesday. Finally, Cantor Fitzgerald reduced their price objective on shares of monday.com from $215.00 to $148.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. One equities 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 issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $162.88.

monday.com Price Performance

NASDAQ MNDY opened at $73.63 on Tuesday. The stock’s 50 day simple moving average is $132.57 and its 200-day simple moving average is $169.80. The company 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 has a 1-year low of $68.68 and a 1-year high of $328.45.

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

Institutional Trading of monday.com

Several hedge funds have recently made changes to their positions in the business. WCM Investment Management LLC increased its position in shares of monday.com by 2.8% during the third quarter. WCM Investment Management LLC now owns 4,184,745 shares of the company’s stock worth $843,519,000 after acquiring an additional 115,353 shares during the period. Ibex Investors LLC acquired a new position in monday.com during the 3rd quarter worth $34,864,000. Baillie Gifford & Co. increased 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 period. Coronation Fund Managers Ltd. increased its holdings in monday.com by 15.8% during the 2nd quarter. Coronation Fund Managers Ltd. now owns 78,577 shares of the company’s stock worth $24,711,000 after purchasing an additional 10,693 shares during the period. Finally, TenCore Partners LP raised its position in monday.com by 42.2% in the 3rd quarter. TenCore Partners LP now owns 141,390 shares of the company’s stock valued at $27,386,000 after purchasing an additional 41,935 shares in 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: 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.