<div id="readability-page-1"><p>monday.com Ltd. (NASDAQ:MNDY - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as $201.50 and last traded at $188.64, with a volume of 384939 shares. The stock had previously closed at $248.04.</p><h2>Analyst Ratings Changes</h2><ul><li>Beyond the Magnificent 7: Tech’s Rising Stars</li></ul><p>Several equities analysts recently weighed in on MNDY shares. Piper Sandler  reiterated an &#34;overweight&#34; rating and issued a $325.00 price target on shares of monday.com in a report on Friday, June 27th. Baird R W upgraded monday.com from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research note on Wednesday, August 6th. Morgan Stanley initiated coverage on monday.com in a research report on Tuesday, June 17th. They set an &#34;equal weight&#34; rating and a $330.00 target price on the stock. Robert W. Baird  set a $310.00 price target on monday.com and gave the stock an &#34;outperform&#34; rating in a research note on Wednesday, August 6th. Finally, DA Davidson reduced their target price on monday.com from $350.00 to $290.00 and set a &#34;buy&#34; rating on the stock in a report on Monday, April 14th. Three equities research analysts have rated the stock with a hold rating, twenty-one have issued  a buy rating and one  has given a strong buy rating to the company. According to data from MarketBeat.com, monday.com presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $348.09.</p><p><b>Check Out Our Latest Analysis on monday.com</b></p><h2>monday.com Trading Down 26.3%</h2><ul><li>Monday.com Stock Could Soar to New Highs—Here’s How</li></ul><p>The firm has a market cap of $9.28 billion, a P/E ratio of 186.36, a PEG ratio of 89.75 and a beta of 1.27. The company's 50-day moving average is $289.71 and its two-hundred day moving average is $277.38. </p><p>monday.com (NASDAQ:MNDY - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.70 by $0.40. monday.com had a net margin of 5.08% and a return on equity of 7.87%. The firm had revenue of $282.25 million during the quarter, compared to the consensus estimate of $275.93 million. During the same period in the prior year, the firm posted $0.61 earnings per share. The company's quarterly revenue was up 30.2% compared to the same quarter last year.  Research analysts anticipate that  monday.com Ltd. will post 0.46 EPS for the current fiscal year. </p><h2>Institutional Trading of monday.com</h2><ul><li>Monday.com’s Manic Price Pullback Is a Signal to Buy</li></ul><p>A number of hedge funds and other institutional investors have recently made changes to their positions in the business. ASR Vermogensbeheer N.V. acquired a new position in  monday.com during the first quarter worth approximately $25,000.  Summit Securities Group LLC bought a new stake in  monday.com during the first quarter worth approximately $25,000.  NewEdge Advisors LLC raised its stake in shares of  monday.com by 2,120.0% in the first quarter. NewEdge Advisors LLC now owns 111 shares of the company's stock valued at $27,000 after purchasing an additional 106 shares in the last quarter.  Grove Bank &amp; Trust bought a new stake in shares of  monday.com during the first quarter worth $30,000.  Finally, Hazlett Burt &amp; Watson Inc. boosted its holdings in  monday.com by 60.0% during the second quarter. Hazlett Burt &amp; Watson Inc. now owns 160 shares of the company's stock worth $50,000 after buying an additional 60 shares during the last quarter. Institutional investors and hedge funds own  73.70% of the company's stock. </p><h2>About monday.com</h2> (Get Free Report)<p>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.</p><h2>Read More</h2><ul><li>Five stocks we like better than monday.com</li><li>How to Profit From Value Investing </li><li>An Atomic Sized Surge Is Brewing for NuScale Power Stock Price</li><li>The Significance of Brokerage Rankings in Stock Selection</li><li>Why Trade Desk Crashed 40% Despite a Q2 Sales Beat</li><li>Most active stocks: Dollar volume vs share volume</li><li>3 Big Dividend Plays With Strong Earnings to Back Them</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in monday.com Right Now?</h2><p>Before you consider monday.com, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and monday.com wasn't on the list.</p><p>While monday.com currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

MNDY

<p>monday.com (NASDAQ:MNDY) shares hit a new 12-month low at $188.64, down from a previous close of $248.04. Analysts have mixed ratings, with Piper Sandler maintaining an "overweight" rating and a $325 target, while Baird upgraded to "strong-buy". The company reported a 30.2% revenue increase year-over-year, with a net margin of 5.08%. Institutional investors hold 73.70% of the stock. The average price target among analysts is $348.09, indicating potential upside despite recent declines.</p>

monday.com (NASDAQ:MNDY) Hits New 12-Month Low - Time to Sell?