monday.com (NASDAQ:MNDY) Issues Earnings Results

monday.com (NASDAQ:MNDY) posted its earnings results on Monday. The company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.28), Zacks reports. monday.com had a return on equity of 4.99% and a net margin of 2.39%. monday.com updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

monday.com Stock Down 2.7 %

NASDAQ:MNDY opened at $258.24 on Monday. monday.com has a twelve month low of $174.75 and a twelve month high of $324.99. The company has a fifty day moving average of $249.33 and a 200-day moving average of $261.41. The firm has a market capitalization of $12.47 billion, a P/E ratio of 629.85, a P/E/G ratio of 7.67 and a beta of 1.31.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on MNDY shares. Citigroup upgraded monday.com from a “neutral” rating to a “buy” rating and reduced their price objective for the stock from $302.00 to $298.00 in a research report on Thursday, January 16th. Needham & Company LLC boosted their price target on monday.com from $300.00 to $350.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Canaccord Genuity Group raised their price objective on shares of monday.com from $295.00 to $310.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Oppenheimer lifted their target price on shares of monday.com from $275.00 to $325.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 22nd. Finally, Piper Sandler decreased their price target on shares of monday.com from $350.00 to $345.00 and set an “overweight” rating for the company in a research report on Monday, January 6th. Five equities research analysts have rated the stock with a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, monday.com has an average rating of “Moderate Buy” and a consensus target price of $310.68.

monday.com Company Profile

monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools.