monday.com Ltd. (MNDY)
NASDAQ: MNDY · IEX Real-Time Price · USD
228.83
+0.43 (0.19%)
At close: May 17, 2024, 4:00 PM
225.50
-3.33 (-1.46%)
After-hours: May 17, 2024, 7:57 PM EDT
monday.com Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for monday.com stock have an average target of 244.56, with a low estimate of 170 and a high estimate of 300. The average target predicts an increase of 6.87% from the current stock price of 228.83.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for monday.com stock from 18 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 8 | 8 | 7 | 7 |
| Buy | 6 | 6 | 6 | 6 | 7 | 7 |
| Hold | 2 | 2 | 3 | 3 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 17 | 17 | 18 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| DA Davidson | DA Davidson | Hold Maintains $190 → $230 | Hold | Maintains | $190 → $230 | +0.51% | May 16, 2024 |
| Canaccord Genuity | Canaccord Genuity | Strong Buy Maintains $220 → $250 | Strong Buy | Maintains | $220 → $250 | +9.25% | May 16, 2024 |
| Wells Fargo | Wells Fargo | Buy Maintains $260 → $275 | Buy | Maintains | $260 → $275 | +20.18% | May 16, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $240 → $250 | Buy | Maintains | $240 → $250 | +9.25% | May 16, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $270 → $300 | Strong Buy | Maintains | $270 → $300 | +31.10% | May 16, 2024 |
Financial Forecast
Revenue This Year
953.78M
from 729.70M
Increased by 30.71%
Revenue Next Year
1.21B
from 953.78M
Increased by 26.55%
EPS This Year
2.03
from -0.04
EPS Next Year
2.67
from 2.03
Increased by 31.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.0B | 1.3B | 1.7B | 2.0B | 2.4B |
| Avg | 953.8M | 1.2B | 1.6B | 1.9B | 2.3B |
| Low | 908.1M | 1.1B | 1.4B | 1.9B | 2.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.9% | 33.9% | 38.6% | 28.9% | 23.8% |
| Avg | 30.7% | 26.5% | 28.8% | 25.0% | 20.3% |
| Low | 24.4% | 19.1% | 16.9% | 19.7% | 15.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.36 | 3.51 | 4.32 | 7.19 | 9.50 |
| Avg | 2.03 | 2.67 | 3.90 | 6.99 | 9.23 |
| Low | 1.62 | 1.98 | 3.46 | 6.71 | 8.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 73.1% | 61.8% | 84.6% | 36.0% |
| Avg | - | 31.7% | 46.1% | 79.3% | 32.1% |
| Low | - | -2.5% | 29.7% | 72.3% | 26.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.