Morgan Stanley Lowers monday.com Price Target Ahead of Earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 3d ago
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Source: seekingalpha
- Price Target Adjustment: Morgan Stanley lowered monday.com's price target from $236 to $200, maintaining an Overweight rating while expressing caution ahead of the upcoming Q4 results, expecting a ~2% revenue beat but a below-consensus FY26 growth guidance of 18.5%.
- Execution Stability: Analyst Josh Baer noted that the company's execution remains “solid,” with expectations reset lower after Q3, although weakness in paid search and down-market suggests new sign-ups occurred at the end of the quarter.
- Market Trend Improvement: Should this stabilization continue into Q4, it could support a clearer narrative compared to the previous two quarters, with optimism regarding the company's sustained strength in multi-product and upmarket segments.
- Customer Structure Shift: With multi-product customers now accounting for over 10% of annual recurring revenue, Baer believes this shift supports the transition towards larger, stickier customers, enhancing broader product adoption and durability.
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Analyst Views on MNDY
Wall Street analysts forecast MNDY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MNDY is 235.58 USD with a low forecast of 195.00 USD and a high forecast of 310.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
20 Analyst Rating
18 Buy
2 Hold
0 Sell
Strong Buy
Current: 115.570
Low
195.00
Averages
235.58
High
310.00
Current: 115.570
Low
195.00
Averages
235.58
High
310.00
About MNDY
Monday.Com Ltd is an Israel-based company engaged primarily in the software sector. The Company provides cloud-based platform that enables its users to create custom applications and project management software. The platform offers a Work Operating System (Work OS) that provides modular building blocks to create software applications and work management tools. This system is designed to enhance team collaboration and streamline workflows across various business functions, including project management, CRM, marketing, and more. The Company has teams in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Kiev, and Sydney. The Company customize its platform to suit any business vertical and serves customers worldwide.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Morgan Stanley Lowers monday.com Price Target Ahead of Earnings
- Price Target Adjustment: Morgan Stanley lowered monday.com's price target from $236 to $200, maintaining an Overweight rating while expressing caution ahead of the upcoming Q4 results, expecting a ~2% revenue beat but a below-consensus FY26 growth guidance of 18.5%.
- Execution Stability: Analyst Josh Baer noted that the company's execution remains “solid,” with expectations reset lower after Q3, although weakness in paid search and down-market suggests new sign-ups occurred at the end of the quarter.
- Market Trend Improvement: Should this stabilization continue into Q4, it could support a clearer narrative compared to the previous two quarters, with optimism regarding the company's sustained strength in multi-product and upmarket segments.
- Customer Structure Shift: With multi-product customers now accounting for over 10% of annual recurring revenue, Baer believes this shift supports the transition towards larger, stickier customers, enhancing broader product adoption and durability.
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