monday.com (NASDAQ: MNDY) recently received a number of rating updates from brokerages and research firms:

• 04/22/2022 – monday.com has been downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “monday.com provides an open platform that democratizes the power of software so organizations can easily build software applications and work management tools to meet all of their needs. It mainly operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, kyiv and Sydney. monday.com is based in NEW YORK. “
• 04/16/2022 – monday.com has been downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “monday.com provides an open platform that democratizes the power of software so organizations can easily build software applications and work management tools to meet all of their needs. It mainly operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, kyiv and Sydney. monday.com is based in NEW YORK. “
• 04/14/2022 – monday.com has had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $390.00 to $270.00. They now have a “buy” rating on the stock.
• 04/07/2022 – monday.com has been updated by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “monday.com provides an open platform that democratizes the power of software so organizations can easily build software applications and work management tools to meet all of their needs. It mainly operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, kyiv and Sydney. monday.com is based in NEW YORK. “
• 04/01/2022 – monday.com has been downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “monday.com provides an open platform that democratizes the power of software so organizations can easily build software applications and work management tools to meet all of their needs. It mainly operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, kyiv and Sydney. monday.com is based in NEW YORK. “
• 03/25/2022 – monday.com has been downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “monday.com provides an open platform that democratizes the power of software so organizations can easily build software applications and work management tools to meet all of their needs. It mainly operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, kyiv and Sydney. monday.com is based in NEW YORK. “
• 03/18/2022 – monday.com has been updated by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “monday.com provides an open platform that democratizes the power of software so organizations can easily build software applications and work management tools to meet all of their needs. It mainly operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, kyiv and Sydney. monday.com is based in NEW YORK. “
• 03/01/2022 – monday.com has been downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “monday.com provides an open platform that democratizes the power of software so organizations can easily build software applications and work management tools to meet all of their needs. It mainly operates in Tel Aviv, New York, San Francisco, Miami, Chicago, London, kyiv and Sydney. monday.com is based in NEW YORK. “
• 2/24/2022 – monday.com has had its price target lowered by Piper Sandler analysts from $380.00 to $250.00. They now have an “overweight” rating on the stock.
• 02/24/2022 – monday.com has had its price target lowered by analysts at Cowen Inc from $325.00 to $260.00. They now have an “outperform” rating on the title.
• 02/24/2022 – monday.com has had its price target lowered by analysts at Canaccord Genuity Group Inc. from $430.00 to $200.00. They now have a “buy” rating on the stock.
• 02/24/2022 – monday.com has been upgraded by DA Davidson analysts from a “neutral” rating to a “buy” rating. They now have a price target of $170.00 on the stock, down from $275.00 previously.
• 02/24/2022 – monday.com has had its price target lowered by Needham & Company LLC analysts from $420.00 to $230.00. They now have a “buy” rating on the stock.
• 02/24/2022 – monday.com has had its price target lowered by analysts at Canaccord Genuity Group Inc. from $430.00 to $200.00.

action monday.com traded at $8.29 during midday trading on Monday, reaching $145.50. 362,407 shares were traded, against an average volume of 693,474. The company has a fifty-day simple moving average of $155.50 and a two-hundred-day simple moving average of $249.16. monday.com ltd. has a 52-week minimum of $113.05 and a 52-week maximum of $450.00.

monday.com (NASDAQ: MNDY – Get a rating) last announced its results on Wednesday, February 23. The company reported ($0.73) EPS for the quarter, beating the consensus estimate of ($1.01) by $0.28. The company posted revenue of $95.55 million for the quarter, versus a consensus estimate of $87.80 million. monday.com had a negative net margin of 41.96% and a negative return on equity of 27.33%. The company’s quarterly revenue increased 90.5% year over year. During the same period last year, the company posted EPS of ($0.64). As a group, analysts predict that monday.com Ltd. will show -5.71 BPA for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of MNDY. Morgan Stanley acquired a new equity stake in monday.com in the second quarter worth approximately $43,525,000. The New York State Common Retirement Fund acquired a new equity stake in monday.com in the third quarter worth approximately $5,284,000. Deutsche Bank AG acquired a new equity stake in monday.com in the third quarter worth approximately $4,390,000. Advisor Group Holdings Inc. increased its holdings of monday.com stock by 257.1% in the third quarter. Advisor Group Holdings Inc. now owns 250 shares of the company valued at $82,000 after buying an additional 180 shares in the last quarter. Finally, Allen Investment Management LLC acquired a new equity stake in monday.com in the third quarter valued at approximately $221,000. Institutional investors hold 60.85% of the company’s shares.

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

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