monday.com Ltd. (MNDY)
NASDAQ: MNDY · IEX Real-Time Price · USD
178.07
-7.03 (-3.80%)
At close: Apr 19, 2024, 4:00 PM
178.33
+0.26 (0.15%)
After-hours: Apr 19, 2024, 4:53 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 226.22, with a low estimate of 170 and a high estimate of 280. The average target predicts an increase of 27.04% from the current stock price of 178.07.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 7 | 7 | 8 | 8 | 7 |
| Buy | 6 | 6 | 6 | 6 | 6 | 7 |
| Hold | 2 | 2 | 2 | 3 | 3 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 15 | 15 | 17 | 17 | 18 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy → Hold Downgrades $277 → $250 | Strong Buy → Hold | Downgrades | $277 → $250 | +40.39% | Apr 10, 2024 |
| Wells Fargo | Wells Fargo | Buy Initiates $260 | Buy | Initiates | $260 | +46.01% | Apr 9, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $230 → $270 | Buy | Maintains | $230 → $270 | +51.63% | Mar 25, 2024 |
| Tigress Financial | Tigress Financial | Strong Buy Maintains $240 → $280 | Strong Buy | Maintains | $240 → $280 | +57.24% | Mar 5, 2024 |
| B of A Securities | B of A Securities | Strong Buy Initiates $280 | Strong Buy | Initiates | $280 | +57.24% | Feb 26, 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 |
|---|---|---|---|---|
| High | 1.0B | 1.3B | 1.7B | 2.3B |
| Avg | 953.8M | 1.2B | 1.6B | 2.2B |
| Low | 908.1M | 1.1B | 1.4B | 2.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 37.9% | 33.9% | 38.6% | 45.5% |
| Avg | 30.7% | 26.5% | 28.8% | 41.4% |
| Low | 24.4% | 19.1% | 16.9% | 35.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.36 | 3.51 | 4.32 |
| Avg | 2.03 | 2.67 | 3.90 |
| Low | 1.62 | 1.98 | 3.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 73.1% | 61.8% |
| Avg | - | 31.7% | 46.1% |
| Low | - | -2.5% | 29.7% |
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.