Monday.com (MNDY) Price Targets
| Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
|---|---|---|---|
| $265.00 | $300.00 | $230.00 | 14.43% |
Price Target
Based on short-term price targets offered by 18 analysts, the average price target for Monday.com comes to $265.00. The forecasts range from a low of $230.00 to a high of $300.00. The average price target represents an increase of 14.43% from the last closing price of $231.58.
Analyst Price Targets (18)
Broker Rating
Monday.com currently has an average brokerage recommendation (ABR) of 1.42 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 19 brokerage firms. The current ABR compares to an ABR of 1.47 a month ago based on 17 recommendations.
Of the 19 recommendations deriving the current ABR, 14 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 73.68% and 10.53% of all recommendations. A month ago, Strong Buy made up 70.59%, while Buy represented 11.76%.
Broker Rating Breakdown
Brokerage Recommendations
| Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|---|
| Strong Buy | 14 | 13 | 12 | 12 | 12 |
| Buy | 2 | 2 | 2 | 2 | 2 |
| Hold | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| ABR | 1.42 | 1.44 | 1.47 | 1.47 | 1.47 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
| Date | Brokerage Firm | Analyst | Previous | Current |
|---|---|---|---|---|
| 7/9/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
| 7/2/2024 | KeyBanc Capital Markets | Jackson E Ader | Strong Buy | Strong Buy |
| 6/26/2024 | Not Identified | Not Identified | Not Available | Strong Buy |
| 6/24/2024 | William Blair | Arjun Bhatia | Strong Buy | Strong Buy |
| 5/16/2024 | D.A. Davidson | Gil Luria | Hold | Hold |
| 5/15/2024 | Piper Sandler | Brent A Bracelin | Strong Buy | Strong Buy |
| 5/15/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 4/30/2024 | Needham & Company | Scott Berg | Moderate Buy | Moderate Buy |
| 4/29/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 4/22/2024 | Canaccord Genuity | David E Hynes | Strong Buy | Strong Buy |
| 4/10/2024 | Not Identified | Not Identified | Strong Buy | Hold |
| 4/9/2024 | Wells Fargo Securities | Michael Berg | Not Available | Strong Buy |
| 4/1/2024 | Cowen & Co. | Derrick Wood | Strong Buy | Strong Buy |
| 3/31/2024 | Goldman Sachs | Kasthuri G Rangan | Strong Buy | Strong Buy |
| 3/5/2024 | Tigress Financial Partners | Ivan Feinseth | Moderate Buy | Moderate Buy |
| 2/13/2024 | Loop Capital Markets | Mark W Schappel | Strong Buy | Strong Buy |
| 11/14/2023 | UBS | Taylor Mcginnis Jr | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
| Current ABR | 1.42 |
| ABR (Last week) | 1.44 |
| # of Recs in ABR | 19 |
| Average Target Price | $265.00 |
| LT Growth Rate | 41.70% |
| Industry | Internet - Software |
| Industry Rank by ABR | 89 of 252 |
| Current Quarter EPS Est: | 0.54 |