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14 Analysts Have This To Say About Monday.Com
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14 Analysts Have This To Say About Monday.Com
Jun 17, 2024 6:31 AM

In the last three months, 14 analysts have published ratings on Monday.Com ( MNDY ) , offering a diverse range of perspectives from bullish to bearish.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 6 6 2 0 0
Last 30D 1 0 0 0 0
1M Ago 0 0 0 0 0
2M Ago 5 4 1 0 0
3M Ago 0 2 1 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $256.07, a high estimate of $300.00, and a low estimate of $220.00. Marking an increase of 4.45%, the current average surpasses the previous average price target of $245.17.

Interpreting Analyst Ratings: A Closer Look

The standing of Monday.Com ( MNDY ) among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Scott Berg Needham Maintains Buy $250.00 $250.00
Gil Luria DA Davidson Raises Neutral $230.00 $190.00
David Hynes Canaccord Genuity Raises Buy $250.00 $220.00
Michael Berg Wells Fargo Raises Overweight $275.00 $260.00
George Iwanyc Oppenheimer Raises Outperform $250.00 $240.00
Kash Rangan Goldman Sachs Raises Buy $300.00 $270.00
Jackson Ader Keybanc Raises Overweight $280.00 $275.00
Brent Bracelin Piper Sandler Raises Overweight $270.00 $250.00
Scott Berg Needham Raises Buy $250.00 $230.00
Scott Berg Needham Maintains Buy $230.00 -
David Hynes Canaccord Genuity Lowers Buy $220.00 $250.00
Steven Enders Citigroup Lowers Neutral $250.00 $277.00
Michael Berg Wells Fargo Announces Overweight $260.00 -
Pinjalim Bora JP Morgan Raises Overweight $270.00 $230.00

Key Insights:

Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Monday.Com ( MNDY ). This insight gives a snapshot of analysts' perspectives on the current state of the company.

Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Monday.Com ( MNDY ) compared to the broader market.

Price Targets: Gaining insights, analysts provide estimates for the future value of Monday.Com's ( MNDY ) stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Monday.Com's ( MNDY ) market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Monday.Com ( MNDY ) analyst ratings.

Get to Know Monday.Com Better

Monday.com ( MNDY ) is a provider of work management software delivered via a cloud-based software-as-a-service model. The firm's solutions offer flexible and highly customizable tools to digitize business processes across countless use cases. Monday's offering supports workflow management across departments, real-time visibility and accountability, and automation capabilities. Monday also offers prepackaged CRM and DevOps management solutions, in addition to standalone survey and digital whiteboard tools. As of 2023, Monday served over 225,000 customers in more than 200 countries.

Financial Milestones: Monday.Com's Journey

Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.

Revenue Growth: Monday.Com's ( MNDY ) revenue growth over a period of 3 months has been noteworthy. As of 31 March, 2024, the company achieved a revenue growth rate of approximately 33.69%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Monday.Com's ( MNDY ) net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 3.26%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Monday.Com's ( MNDY ) ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.85%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Monday.Com's ( MNDY ) ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.53%, the company may face hurdles in achieving optimal financial returns.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.07.

What Are Analyst Ratings?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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