Shares of monday.com Ltd. (NASDAQ:MNDY – Get Free Report) have been given an average rating of “Moderate Buy” by the twenty-four brokerages that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and twenty have given a buy recommendation to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $358.32.
A number of brokerages have recently issued reports on MNDY. Needham & Company LLC raised their price target on shares of monday.com from $350.00 to $400.00 and gave the stock a “buy” rating in a report on Monday, February 10th. Robert W. Baird raised their price target on shares of monday.com from $275.00 to $335.00 and gave the stock a “neutral” rating in a report on Tuesday, February 11th. Piper Sandler raised their price target on shares of monday.com from $345.00 to $385.00 and gave the stock an “overweight” rating in a report on Monday, February 10th. Cantor Fitzgerald raised their price target on shares of monday.com from $292.00 to $380.00 and gave the stock an “overweight” rating in a report on Tuesday, February 11th. Finally, Scotiabank raised their price target on shares of monday.com from $300.00 to $400.00 and gave the stock a “sector outperform” rating in a report on Tuesday, February 11th.
View Our Latest Research Report on monday.com
Institutional Inflows and Outflows
monday.com Trading Up 5.6 %
MNDY stock opened at $255.87 on Monday. The company has a market cap of $12.35 billion, a price-to-earnings ratio of 426.45, a PEG ratio of 16.53 and a beta of 1.27. monday.com has a 12 month low of $174.75 and a 12 month high of $342.64. The firm has a 50-day moving average of $265.97 and a two-hundred day moving average of $269.63.
monday.com (NASDAQ:MNDY – Get Free Report) last released its quarterly earnings data on Monday, February 10th. The company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.28). monday.com had a net margin of 3.33% and a return on equity of 6.22%. As a group, equities analysts forecast that monday.com will post 0.46 earnings per share for the current year.
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.
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