Wells Fargo & Company Cuts monday.com (NASDAQ:MNDY) Price Target to $130.00

monday.com (NASDAQ:MNDY) had its price target decreased by Wells Fargo & Company from $200.00 to $130.00 in a report published on Tuesday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the stock.

MNDY has been the subject of a number of other reports. Zacks Research upgraded monday.com from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Oppenheimer dropped their price objective on monday.com from $200.00 to $130.00 and set an “outperform” rating on the stock in a research note on Monday. Cantor Fitzgerald cut their price objective on monday.com from $148.00 to $95.00 and set an “overweight” rating for the company in a report on Tuesday. Wolfe Research reaffirmed an “outperform” rating and set a $95.00 target price on shares of monday.com in a report on Monday. Finally, Tigress Financial upped their price target 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. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, monday.com presently has an average rating of “Moderate Buy” and a consensus target price of $162.88.

monday.com Stock Up 0.7%

MNDY stock opened at $73.63 on Tuesday. The company has a 50-day simple moving average of $132.57 and a 200 day simple moving average of $169.80. The company has a market capitalization of $3.74 billion, a P/E ratio of 32.72, a PEG ratio of 1.65 and a beta of 1.25. monday.com has a fifty-two week low of $68.68 and a fifty-two week high of $328.45.

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

Hedge Funds Weigh In On monday.com

Institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC increased its stake in monday.com by 2,120.0% in the 1st 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 period. Promus Capital LLC purchased a new position in shares of monday.com during the 2nd quarter valued at $45,000. Advisory Services Network LLC acquired a new position in shares of monday.com in the third quarter worth $28,000. EverSource Wealth Advisors LLC raised its holdings in shares of 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 acquiring an additional 65 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. boosted its position in monday.com by 60.0% during 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 last quarter. Hedge funds and other institutional investors own 73.70% of the company’s stock.

monday.com News Summary

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

About monday.com

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.