monday.com Falls as Analyst Downgrade Adds to Growth Slowdown Concerns

monday.com (MNDY) is down 3.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver appears to be a JPMorgan downgrade to Neutral from Overweight, with the call tied to concerns that growth is slowing and that new customer momentum is getting harder to sustain. The weaker reaction may have been amplified by the company’s already more moderate near-term outlook and retention metrics from its last quarterly update.

Details:

JPMorgan cut its rating on the stock to Neutral and set an $87 price target, which likely pressured sentiment early in the session.

The downgrade was tied to signs that customer acquisition is becoming more difficult, adding to worries that growth may decelerate further.

In its August quarterly update, monday.com guided for third-quarter revenue growth of about 16% to 17%, below the 22% year-over-year growth it posted in the second quarter.

The same quarterly release showed net dollar retention of 109%, while the company also disclosed a restructuring as it sharpens its focus around its AI work platform.

Sources:

monday.com Investor Relations, SEC, Investing.com, MarketScreener

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$MNDY Insider Trading Activity

$MNDY insiders have traded $MNDY stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $MNDY stock by insiders over the last 6 months:

JAMES CASE GEORGE (CRO) has made 0 purchases and 3 sales selling 3,430 shares for an estimated $302,617.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$MNDY Hedge Fund Activity

We have seen 141 institutional investors add shares of $MNDY stock to their portfolio, and 305 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

WCM INVESTMENT MANAGEMENT, LLC removed 3,761,924 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $259,986,567
D. E. SHAW & CO., INC. added 1,241,924 shares (+296.0%) to their portfolio in Q2 2026, for an estimated $89,902,878
BNP PARIBAS ASSET MANAGEMENT HOLDING S.A. removed 957,944 shares (-79.6%) from their portfolio in Q2 2026, for an estimated $69,345,566
SG AMERICAS SECURITIES, LLC removed 940,980 shares (-97.3%) from their portfolio in Q2 2026, for an estimated $68,117,542
DISCIPLINED GROWTH INVESTORS INC /MN added 859,447 shares (+212.8%) to their portfolio in Q2 2026, for an estimated $62,215,368
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 833,395 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $60,329,464
CITADEL ADVISORS LLC added 725,155 shares (+467.5%) to their portfolio in Q1 2026, for an estimated $50,115,462

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$MNDY Price Targets

Multiple analysts have issued price targets for $MNDY recently. We have seen 8 analysts offer price targets for $MNDY in the last 6 months, with a median target of $112.5.

Here are some recent targets:

Ivan Feinseth from Tigress Financial set a target price of $165.0 on 05/22/2026
Allan Verkhovski from BTIG set a target price of $115.0 on 05/12/2026
Raimo Lenschow from Barclays set a target price of $100.0 on 05/12/2026
Derrick Wood from TD Cowen set a target price of $110.0 on 05/12/2026
David Hynes from Canaccord Genuity set a target price of $115.0 on 05/12/2026
Steven Enders from Citigroup set a target price of $154.0 on 05/12/2026
Taylor McGinnis from UBS set a target price of $85.0 on 05/12/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.