monday.com (NASDAQ:MNDY) Issues Quarterly Earnings Results

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

monday.com Stock Up 26.5 %

Shares of NASDAQ MNDY opened at $326.58 on Tuesday. monday.com has a fifty-two week low of $174.75 and a fifty-two week high of $342.64. The business has a 50 day moving average price of $250.37 and a two-hundred day moving average price of $262.04. The firm has a market cap of $15.77 billion, a PE ratio of 796.54, a price-to-earnings-growth ratio of 7.67 and a beta of 1.31.

Analysts Set New Price Targets

A number of equities analysts have weighed in on MNDY shares. Scotiabank cut their price target on shares of monday.com from $325.00 to $300.00 and set a “sector outperform” rating on the stock in a research note on Thursday, January 16th. William Blair reaffirmed an “outperform” rating on shares of monday.com in a research report on Wednesday, December 18th. Jefferies Financial Group lowered their price target on monday.com from $350.00 to $300.00 and set a “buy” rating for the company in a research report on Tuesday, January 21st. KeyCorp upgraded monday.com from a “sector weight” rating to an “overweight” rating and set a $420.00 price objective on the stock in a report on Tuesday. Finally, Wells Fargo & Company boosted their target price on monday.com from $330.00 to $340.00 and gave the stock an “overweight” rating in a report on Tuesday, January 21st. Four investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, monday.com has an average rating of “Moderate Buy” and a consensus target price of $321.59.

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.