monday.com(US:MNDY) Benzinga·2025-11-10 07:06Core Viewpoint - monday.com Ltd. is set to release its third-quarter earnings on November 10, with expectations of increased earnings and revenue compared to the previous year [1]. Financial Performance - Analysts predict that monday.com will report earnings of 88 cents per share for the third quarter, up from 85 cents per share in the same period last year [1]. - The consensus estimate for quarterly revenue is $312.26 million, a significant increase from $251 million a year earlier [1]. - In the second quarter, the company reported a revenue growth of 27% year-on-year, reaching $299.01 million, surpassing the analyst consensus estimate of $293.54 million [2]. Stock Performance - Following the positive earnings report in the second quarter, shares of monday.com rose by 4.7%, closing at $189.59 [2]. Analyst Ratings - Wells Fargo initiated coverage with an Overweight rating and a price target of $260 for 2025 [5]. - Citigroup maintained a Buy rating and raised the price target from $326 to $332 for 2025 [5]. - Cantor Fitzgerald maintained an Overweight rating but reduced the price target from $286 to $257 for 2025 [5]. - Piper Sandler also maintained an Overweight rating, cutting the price target from $300 to $275 for 2025 [5]. - Goldman Sachs maintained a Buy rating while lowering the price target from $350 to $270 for 2025 [5].