monday.com Ltd. (MNDY)
NASDAQ: MNDY · IEX Real-Time Price · USD
228.65
+1.56 (0.69%)
At close: Jul 19, 2024, 4:00 PM
228.61
-0.04 (-0.02%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
monday.com Stock Forecast
Stock Price Forecast
The 19 analysts with 12-month price forecasts for monday.com stock have an average target of 246.95, with a low estimate of 170 and a high estimate of 300. The average target predicts an increase of 8.00% from the current stock price of 228.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for monday.com stock from 19 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 7 | 7 | 7 | 7 |
| Buy | 6 | 6 | 7 | 7 | 7 | 8 |
| Hold | 3 | 3 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 17 | 17 | 18 | 18 | 18 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Buy Maintains $270 | Buy | Maintains | $270 | +18.08% | Jul 12, 2024 |
| Wolfe Research | Wolfe Research | Buy Initiates $300 | Buy | Initiates | $300 | +31.20% | Jul 9, 2024 |
| Keybanc | Keybanc | Buy Maintains $280 → $270 | Buy | Maintains | $280 → $270 | +18.08% | Jul 2, 2024 |
| Needham | Needham | Strong Buy Reiterates $250 | Strong Buy | Reiterates | $250 | +9.34% | Jun 17, 2024 |
| DA Davidson | DA Davidson | Hold Maintains $190 → $230 | Hold | Maintains | $190 → $230 | +0.59% | May 16, 2024 |
Financial Forecast
Revenue This Year
967.04M
from 729.70M
Increased by 32.53%
Revenue Next Year
1.23B
from 967.04M
Increased by 27.30%
EPS This Year
2.39
from -0.04
EPS Next Year
2.98
from 2.39
Increased by 24.49%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.0B | 1.4B | 1.7B | 2.0B | 2.5B |
| Avg | 967.0M | 1.2B | 1.6B | 2.0B | 2.4B |
| Low | 924.8M | 1.2B | 1.4B | 1.9B | 2.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.9% | 39.8% | 35.9% | 31.7% | 26.6% |
| Avg | 32.5% | 27.3% | 26.3% | 27.2% | 22.4% |
| Low | 26.7% | 19.2% | 15.5% | 21.6% | 17.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.88 | 4.04 | 5.53 | 7.30 | 9.68 |
| Avg | 2.39 | 2.98 | 4.09 | 5.94 | 7.93 |
| Low | 1.99 | 2.21 | 2.92 | 4.60 | 6.19 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 69.0% | 85.8% | 78.6% | 63.1% |
| Avg | - | 24.5% | 37.2% | 45.3% | 33.5% |
| Low | - | -7.4% | -1.9% | 12.5% | 4.3% |
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.