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

monday.com (NASDAQ:MNDY) announced its earnings results on Monday. The company reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate 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 Stock Up 0.4 %

monday.com stock opened at $327.92 on Wednesday. The company’s 50-day moving average price is $251.31 and its 200-day moving average price is $262.68. monday.com has a twelve month low of $174.75 and a twelve month high of $342.64. The company has a market cap of $15.83 billion, a PE ratio of 799.80, a price-to-earnings-growth ratio of 7.67 and a beta of 1.31.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on MNDY shares. Wells Fargo & Company increased their target price on monday.com from $340.00 to $380.00 and gave the stock an “overweight” rating in a research report on Tuesday. KeyCorp raised monday.com from a “sector weight” rating to an “overweight” rating and set a $420.00 target price for the company in a report on Tuesday. Oppenheimer raised their price target on monday.com from $275.00 to $325.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 22nd. DA Davidson lifted their price objective on monday.com from $300.00 to $350.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, William Blair reaffirmed an “outperform” rating on shares of monday.com in a report 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. Based on data from MarketBeat, monday.com has a consensus rating of “Moderate Buy” and a consensus target price 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.