Citi lowered the firm’s price target on Monday.com (MNDY) to $230 from $293 and keeps a Buy rating on the shares ahead of the Q4 report. Citi sees a “mixed” setup for the shares into the earnings report. It sees potential risk of a 2026 guide-down given the Q4 exit rate and the lapping of pricing benefits. However, the outlook could bring a “clearing event with expectations reset,” the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MNDY:
- Maintaining a Buy on Monday.com: Depressed Valuation, Solid Demand Signals, and Long-Term Upside Despite 2026 Estimate Risks
- Monday.com price target lowered to $157 from $195 at BofA
- Monday.com: Discounted Valuation, Resilient Growth, and an Expectations Reset Support Overweight/Buy Rating
- Monday.com price target lowered to $200 from $236 at Morgan Stanley
- 3 ‘Strong Buy’ Stocks to Buy Now, According to Top Analysts