monday.com (NASDAQ:MNDY) Given New $154.00 Price Target at Citigroup

monday.com (NASDAQ:MNDY) had its price target decreased by Citigroup from $176.00 to $154.00 in a research report sent to investors on Tuesday,Benzinga reports. Citigroup currently has a buy rating on the stock.

Several other equities analysts have also recently issued reports on the company. Loop Capital set a $80.00 price objective on monday.com in a research note on Tuesday, February 10th. Jefferies Financial Group reiterated a “hold” rating on shares of monday.com in a research note 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 research note on Tuesday, February 10th. Zacks Research cut monday.com from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 1st. Finally, Oppenheimer set a $115.00 price objective on monday.com in a research note on Monday. Seventeen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $132.78.

monday.com Stock Performance

Shares of MNDY opened at $71.99 on Tuesday. The stock has a 50-day simple moving average of $70.49 and a 200-day simple moving average of $114.17. The stock has a market capitalization of $3.68 billion, a PE ratio of 31.30, a PEG ratio of 1.54 and a beta of 1.17. monday.com has a 1 year low of $57.50 and a 1 year high of $316.98.

monday.com (NASDAQ:MNDY) last announced its quarterly earnings data on Friday, March 13th. The company reported $1.15 earnings per share (EPS) for the quarter. The business had revenue of $351.27 million during the quarter. monday.com had a return on equity of 4.61% and a net margin of 9.17%. Analysts predict that monday.com will post 1.83 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of MNDY. Capital World Investors increased its holdings in shares of monday.com by 91.4% in the fourth quarter. Capital World Investors now owns 3,286,461 shares of the company’s stock valued at $484,950,000 after purchasing an additional 1,569,198 shares during the period. Norges Bank acquired a new position in shares of monday.com in the fourth quarter valued at approximately $79,789,000. SG Americas Securities LLC increased its holdings in shares of monday.com by 110.9% in the fourth quarter. SG Americas Securities LLC now owns 932,912 shares of the company’s stock valued at $137,660,000 after purchasing an additional 490,491 shares during the period. Baillie Gifford & Co. increased its holdings in shares of monday.com by 136.5% in the third quarter. Baillie Gifford & Co. now owns 708,278 shares of the company’s stock valued at $137,186,000 after purchasing an additional 408,848 shares during the period. Finally, Nordea Investment Management AB increased its holdings in shares of monday.com by 2,501.5% in the third quarter. Nordea Investment Management AB now owns 326,951 shares of the company’s stock valued at $62,990,000 after purchasing an additional 314,383 shares during the period. Institutional investors and hedge funds own 73.70% of the company’s stock.

monday.com News Roundup

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

• Positive Sentiment: monday.com reported Q1 EPS of $1.15 versus the $0.96 estimate and revenue of $351.27 million versus $339.07 million expected, signaling a meaningful earnings beat. Article Title
• Positive Sentiment: The company lifted its outlook, with Q2 revenue guidance of $354 million to $356 million and FY 2026 revenue guidance around $1.5 billion, reinforcing confidence in the growth story. Article Title
• Positive Sentiment: Management’s strategic shift toward consumption-based AI credits and broader AI platform adoption is being viewed as a potential growth catalyst for future monetization. Article Title
• Neutral Sentiment: Citigroup and BTIG both reduced price targets, but they kept buy ratings, suggesting analysts still see substantial upside from current levels despite the cuts. Article Title
• Negative Sentiment: monday.com is still facing class-action lawsuit headlines and investor-rights firm reminders about deadlines, which can keep sentiment somewhat cautious around the shares. 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.