Barclays lowered the firm’s price target on Monday.com (MNDY) to $95 from $115 and keeps an Overweight rating on the shares. The firm adjusted targets in the software group as part of a Q1 earnings preview. “We are not sure Q1 will turn the negative software sentiment around,” the analyst tells investors in a research note. Barclays says Q1 is the seasonally smallest quarter and that the macro backdrop “was not a tailwind.” Its main concern is that fundamental improvements for software will have to wait until the second half of 2026.
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:
- Tesla upgraded, AppLovin initiated: Wall Street’s top analyst calls
- Monday.com downgraded to Neutral from Overweight at Piper Sandler
- Monday.com price target lowered to $130 from $180 at Guggenheim
- Monday.com Faces Investor Lawsuit Alleging Misleading Revenue Projections and Concealed Growth Headwinds
- MNDY Investor Alert: monday.com Ltd. Securities Fraud Lawsuit – Investors With Losses May Seek to Lead the Class Action After Executives Allegedly Certified Misleading Statements: Levi & Korsinsky