monday.com (NASDAQ:MNDY) Posts Earnings Results, Misses Expectations By $0.28 EPS

monday.com (NASDAQ:MNDY) announced its earnings results on Monday. The company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.28), Zacks reports. monday.com had a return on equity of 4.99% and a net margin of 2.39%. monday.com updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

monday.com Price Performance

Shares of MNDY stock opened at $327.92 on Wednesday. The stock has a market capitalization of $15.83 billion, a PE ratio of 799.80, a P/E/G ratio of 7.67 and a beta of 1.31. monday.com has a 1-year low of $174.75 and a 1-year high of $342.64. The business has a 50-day moving average of $251.31 and a 200 day moving average of $262.68.

Analysts Set New Price Targets

MNDY has been the topic of a number of research analyst reports. DA Davidson upped their target price on monday.com from $300.00 to $350.00 and gave the stock a “neutral” rating in a research note on Tuesday. Robert W. Baird upped their target price on monday.com from $275.00 to $335.00 and gave the stock a “neutral” rating in a research note on Tuesday. Oppenheimer upped their target price on monday.com from $275.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 22nd. Loop Capital decreased their target price on monday.com from $310.00 to $300.00 and set a “buy” rating on the stock in a research note on Monday, December 23rd. Finally, William Blair restated an “outperform” rating on shares of monday.com in a research note on Wednesday, December 18th. Four equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $353.32.

About monday.com

monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools.