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17 Analysts Assess Monday.Com: What You Need To Know
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17 Analysts Assess Monday.Com: What You Need To Know
Dec 18, 2024 12:27 PM

Monday.Com ( MNDY ) underwent analysis by 17 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 5 7 5 0 0
Last 30D 0 1 1 0 0
1M Ago 0 0 0 0 0
2M Ago 2 4 2 0 0
3M Ago 3 2 2 0 0

Insights from analysts' 12-month price targets are revealed, presenting an average target of $319.65, a high estimate of $350.00, and a low estimate of $270.00. Marking an increase of 6.35%, the current average surpasses the previous average price target of $300.56.

Exploring Analyst Ratings: An In-Depth Overview

A clear picture of Monday.Com's ( MNDY ) perception among financial experts is painted 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
Steven Enders Citigroup Lowers Neutral $302.00 $338.00
Brent Bracelin Piper Sandler Maintains Overweight $350.00 $350.00
David Hynes Canaccord Genuity Raises Buy $310.00 $295.00
Rob Oliver Baird Raises Neutral $270.00 $265.00
Lucky Schreiner DA Davidson Maintains Neutral $300.00 $300.00
Scott Berg Needham Raises Buy $350.00 $300.00
Brent Bracelin Piper Sandler Raises Overweight $350.00 $340.00
Michael Berg Wells Fargo Raises Overweight $330.00 $315.00
George Iwanyc Oppenheimer Raises Outperform $325.00 $275.00
Brent Bracelin Piper Sandler Raises Overweight $340.00 $300.00
Connor Murphy Capital One Announces Overweight $325.00 -
Ryan Macwilliams Barclays Raises Overweight $325.00 $300.00
J. Derrick Wood TD Cowen Raises Buy $320.00 $300.00
Scott Berg Needham Maintains Buy $300.00 $300.00
Gil Luria DA Davidson Raises Neutral $300.00 $250.00
Steven Enders Citigroup Raises Neutral $327.00 $296.00
Mark Schappel Loop Capital Raises Buy $310.00 $285.00

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: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate 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.

Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Monday.Com's ( MNDY ) market position. Stay informed and make well-informed decisions with our Ratings Table.

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

Discovering Monday.Com ( MNDY ): A Closer Look

Monday.com ( MNDY ) is a provider of work management software delivered via a cloud-based software-as-a-service, or SaaS 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.

Monday.Com's Economic Impact: An Analysis

Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.

Revenue Growth: Over the 3 months period, Monday.Com ( MNDY ) showcased positive performance, achieving a revenue growth rate of 32.67% as of 30 September, 2024. This reflects 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 lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -4.79%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of -1.28%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): Monday.Com's ( MNDY ) ROA falls below industry averages, indicating challenges in efficiently utilizing assets. With an ROA of -0.79%, the company may face hurdles in generating optimal returns from its assets.

Debt Management: Monday.Com's ( MNDY ) debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.09.

What Are Analyst Ratings?

Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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

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