Core Viewpoint - monday.com Ltd. is expected to report a quarterly earnings increase to 88 cents per share for Q3, up from 85 cents in the same period last year, with projected revenue of $312.26 million, compared to $251 million a year earlier [1] Financial Performance - In Q2, monday.com reported a revenue growth of 27% year-on-year, reaching $299.01 million, surpassing the analyst consensus estimate of $293.54 million [2] - The company's shares rose by 4.7% to close at $189.59 following the Q2 earnings report [2] Analyst Ratings - Wells Fargo analyst Ryan Macwilliams initiated coverage with an Overweight rating and a price target of $260 for 2025 [5] - Citigroup analyst Steven Enders maintained a Buy rating and raised the price target from $326 to $332 for 2025 [5] - Cantor Fitzgerald analyst Thomas Blakey maintained an Overweight rating but reduced the price target from $286 to $257 for 2025 [5] - Piper Sandler analyst Brent Bracelin kept an Overweight rating and lowered the price target from $300 to $275 for 2025 [5] - Goldman Sachs analyst Kash Rangan maintained a Buy rating and cut the price target from $350 to $270 for 2025 [5]
Monday.Com Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Monday.Com (NASDAQ:MNDY)