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monday.com (MNDY) Stock Forecast & Price Target

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$282.85 -10.15 (-3.46%)
(As of 01:03 PM ET)

monday.com - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
5
Buy
18

Based on 23 Wall Street analysts who have issued ratings for monday.com in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 23 analysts, 5 have given a hold rating, 17 have given a buy rating, and 1 has given a strong buy rating for MNDY.

Consensus Price Target

$310.81
9.88% Upside
According to the 23 analysts' twelve-month price targets for monday.com, the average price target is $310.81. The highest price target for MNDY is $350.00, while the lowest price target for MNDY is $230.00. The average price target represents a forecasted upside of 9.88% from the current price of $282.85.
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MNDY Analyst Ratings Over Time

TypeCurrent Forecast
11/28/23 to 11/27/24
1 Month Ago
10/29/23 to 10/28/24
3 Months Ago
8/30/23 to 8/29/24
1 Year Ago
11/28/22 to 11/28/23
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
17 Buy rating(s)
17 Buy rating(s)
16 Buy rating(s)
14 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$310.81$303.35$285.79$193.69
Forecasted Upside9.88% Upside2.02% Upside8.27% Upside7.69% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

MNDY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MNDY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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monday.com Stock vs. The Competition

Typemonday.comComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.83
2.68
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside10.39% Upside279.90% Upside6.43% Upside
News Sentiment Rating
Positive News

See Recent MNDY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/19/2024Scotiabank
5 of 5 stars
 Initiated CoverageSector Outperform$325.00+27.22%
11/12/2024Canaccord Genuity Group
1 of 5 stars
 Boost TargetBuy ➝ Buy$295.00 ➝ $310.00+14.10%
11/12/2024Needham & Company LLC
3 of 5 stars
 Boost TargetBuy ➝ Buy$300.00 ➝ $350.00+27.18%
11/12/2024DA Davidson
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L. Schreiner
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Reiterated RatingNeutral ➝ Neutral$300.00 ➝ $300.00+9.01%
11/12/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$265.00 ➝ $270.00-1.89%
11/11/2024Piper Sandler
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 Boost TargetOverweight ➝ Overweight$340.00 ➝ $350.00+28.30%
11/4/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$315.00 ➝ $330.00+10.17%
10/22/2024Oppenheimer
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 Boost TargetOutperform ➝ Outperform$275.00 ➝ $325.00+12.19%
10/10/2024Capital One Financial
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C. Murphy
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Initiated CoverageOverweight$325.00+16.07%
10/1/2024Barclays
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R. Macwilliams
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Boost TargetOverweight ➝ Overweight$300.00 ➝ $325.00+20.09%
9/26/2024TD Cowen
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 Boost TargetBuy ➝ Buy$300.00 ➝ $320.00+16.58%
9/25/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$296.00 ➝ $327.00+14.91%
9/25/2024Loop Capital
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 Boost TargetBuy ➝ Buy$285.00 ➝ $310.00+10.07%
8/21/2024Tigress Financial
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 Boost TargetBuy ➝ Buy$280.00 ➝ $340.00+26.54%
8/13/2024JPMorgan Chase & Co.
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 Boost TargetOverweight ➝ Overweight$270.00 ➝ $300.00+14.02%
8/13/2024Bank of America
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 Boost TargetBuy ➝ Buy$280.00 ➝ $300.00+14.02%
8/13/2024The Goldman Sachs Group
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 Boost TargetBuy ➝ Buy$300.00 ➝ $340.00+30.35%
8/13/2024UBS Group
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 Boost TargetNeutral ➝ Neutral$240.00 ➝ $280.00+7.35%
7/23/2024Baird R W
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R. Oliver
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UpgradeHold
7/9/2024Wolfe Research
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A. Zukin
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Initiated CoverageOutperform$300.00+22.83%
7/2/2024KeyCorp
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 Lower TargetOverweight ➝ Overweight$280.00 ➝ $270.00+12.51%
6/24/2024William Blair
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 Reiterated RatingOutperform
1/5/2024Jefferies Financial Group
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 UpgradeHold ➝ Buy$180.00 ➝ $230.00+33.64%
2/14/2023Cowen
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 Boost TargetOutperform$165.00 ➝ $175.00+20.29%
2/14/2023Credit Suisse Group
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 Boost TargetOutperform$140.00 ➝ $170.00+16.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:46 PM ET.


MNDY Forecast - Frequently Asked Questions

According to the research reports of 23 Wall Street equities research analysts, the average twelve-month stock price forecast for monday.com is $310.81, with a high forecast of $350.00 and a low forecast of $230.00.

23 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for monday.com in the last twelve months. There are currently 5 hold ratings, 17 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" MNDY shares.

According to analysts, monday.com's stock has a predicted upside of 9.88% based on their 12-month stock forecasts.

Over the previous 90 days, monday.com's stock had 1 upgrade by analysts.

Analysts like monday.com more than other "computer and technology" companies. The consensus rating score for monday.com is 2.83 while the average consensus rating score for "computer and technology" companies is 2.68. Learn more on how MNDY compares to other companies.


This page (NASDAQ:MNDY) was last updated on 11/27/2024 by MarketBeat.com Staff
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