monday.com Ltd. (MNDY)
NASDAQ: MNDY · Real-Time Price · USD
284.59
+8.33 (3.02%)
Nov 22, 2024, 4:00 PM EST - Market closed

monday.com Stock Forecast

Stock Price Forecast

The 22 analysts with 12-month price forecasts for monday.com stock have an average target of 308.82, with a low estimate of 242 and a high estimate of 350. The average target predicts an increase of 8.51% from the current stock price of 284.59.

Analyst Consensus: Buy
Target Low Average Median High
Price $242 $308.82 $310 $350
Change -14.97% +8.51% +8.93% +22.98%

Analyst Ratings

The average analyst rating for monday.com stock from 22 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 779998
Buy 788899
Hold 454445
Sell 000000
Strong Sell 000000
Total 182021212222

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Canaccord Genuity
Canaccord Genuity
Strong Buy
Maintains
$295$310
Strong Buy Maintains $295$310 +8.93% Nov 12, 2024
Baird
Baird
Hold
Maintains
$265$270
Hold Maintains $265$270 -5.13% Nov 12, 2024
DA Davidson
DA Davidson
Hold
Initiates
$300
Hold Initiates $300 +5.41% Nov 12, 2024
Needham
Needham
Strong Buy
Maintains
$300$350
Strong Buy Maintains $300$350 +22.98% Nov 12, 2024
Piper Sandler
Piper Sandler
Buy
Maintains
$340$350
Buy Maintains $340$350 +22.98% Nov 11, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
979.43M
from 729.70M
Increased by 34.22%
Revenue Next Year
1.25B
from 979.43M
Increased by 27.22%
EPS This Year
2.91
from -0.04
EPS Next Year
3.45
from 2.91
Increased by 18.66%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
78.09M161.12M308.15M519.03M729.70M979.43M1.25B1.58B
Revenue Growth
-106.33%91.25%68.43%40.59%34.22%27.22%26.73%
EPS
-9.22-14.19-4.53-2.99-0.042.913.454.49
EPS Growth
------18.66%30.33%
Forward PE
-----97.9482.5463.33
No. Analysts -----252517
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 1.0B 1.3B 1.7B
Avg 979.4M 1.2B 1.6B
Low 938.2M 1.2B 1.5B

Revenue Growth

Revenue Growth 20242025202620272028
High
39.4%
36.8%
37.6%
Avg
34.2%
27.2%
26.7%
Low
28.6%
18.5%
16.9%

EPS Forecast

EPS 20242025202620272028
High 3.27 4.44 6.00
Avg 2.91 3.45 4.49
Low 2.59 2.70 3.19

EPS Growth

EPS Growth 20242025202620272028
High -
52.9%
73.9%
Avg -
18.7%
30.3%
Low -
-7.3%
-7.6%
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.