Piper Sandler Issues Positive Forecast for monday.com (NASDAQ:MNDY) Stock Price

monday.com (NASDAQ:MNDY) had its price target raised by Piper Sandler from $85.00 to $90.00 in a research report report published on Monday, MarketBeat Ratings reports. Piper Sandler currently has a neutral rating on the stock.

A number of other equities analysts have also weighed in on MNDY. Weiss Ratings reiterated a “sell (d)” rating on shares of monday.com in a research report on Thursday, January 22nd. Jefferies Financial Group lowered shares of monday.com from a “buy” rating to a “hold” rating and dropped their price target for the stock from $260.00 to $80.00 in a research report on Monday, February 23rd. Wolfe Research reiterated an “outperform” rating and issued a $95.00 price target on shares of monday.com in a research note on Monday, February 9th. Oppenheimer cut their price target on monday.com from $200.00 to $130.00 and set an “outperform” rating for the company in a research note on Monday, February 9th. Finally, Cantor Fitzgerald cut their price target on monday.com from $148.00 to $95.00 and set an “overweight” rating for the company in a research note on Tuesday, February 10th. Seventeen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $143.65.

monday.com Stock Performance

Shares of monday.com stock opened at $76.91 on Monday. monday.com has a one year low of $57.50 and a one year high of $316.98. The stock’s fifty day moving average is $70.51 and its 200 day moving average is $115.01. The stock has a market cap of $3.93 billion, a P/E ratio of 34.18, a P/E/G ratio of 1.44 and a beta of 1.17.

monday.com (NASDAQ:MNDY) last announced its earnings results on Friday, March 13th. The company reported $1.15 EPS for the quarter. monday.com had a return on equity of 4.80% and a net margin of 9.64%.The company had revenue of $351.27 million for the quarter. Analysts predict that monday.com will post 1.83 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC grew its position in shares of monday.com by 2,120.0% during 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 in the last quarter. Advisory Services Network LLC purchased a new position in shares of monday.com during the third quarter valued at about $28,000. Quarry LP purchased a new position in shares of monday.com during the fourth quarter valued at about $29,000. Abound Wealth Management purchased a new position in shares of monday.com during the fourth quarter valued at about $30,000. Finally, Smartleaf Asset Management LLC grew its position in shares of monday.com by 575.8% during the third 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. Hedge funds and other institutional investors own 73.70% of the company’s stock.

Key Stories Impacting monday.com

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

• Positive Sentiment: monday.com reported Q1 adjusted EPS of $1.15, ahead of estimates, while revenue of about $351.3 million also beat expectations and rose 24.4% year over year. Article Title
• Positive Sentiment: The company said growth was driven by enterprise customer expansion and AI adoption, with market commentary highlighting a new AI work platform, consumption-based pricing, and improving operating leverage. Article Title
• Positive Sentiment: Piper Sandler raised its price target on monday.com to $90 from $85, signaling continued analyst confidence despite keeping a neutral rating. Article Title
• Neutral Sentiment: monday.com updated guidance for Q2 and full-year 2026, with revenue outlook roughly in line with consensus, which supports the view that the beat was solid but not a major raise to near-term expectations.
• Negative Sentiment: Several law firms issued reminders about a May 11 securities class action lead-plaintiff deadline tied to alleged investor harm during the 2025-2026 class period, which may add legal overhang and headline risk. Article Title

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.