On Sep 25, major Wall Street analysts update their ratings for $monday.com (MNDY.US)$, with price targets ranging from $295 to $327.
Citi analyst Steve Enders maintains with a hold rating, and adjusts the target price from $250 to $327.
Barclays analyst Ryan MacWilliams maintains with a buy rating, and maintains the target price at $300.
Jefferies analyst Brent Thill maintains with a buy rating, and maintains the target price at $300.
Loop Capital analyst Mark Schappel maintains with a buy rating, and adjusts the target price from $285 to $310.
CCORF analyst David Hynes maintains with a buy rating, and maintains the target price at $295.
Furthermore, according to the comprehensive report, the opinions of $monday.com (MNDY.US)$'s main analysts recently are as follows:
The revised valuation for Monday.com is attributed to updated models and preferences within the back office software sector following Q2 outcomes. There is a perception of potential for small to mid-cap software companies to adjust their valuations favorably during a cycle more accepting of risk, coupled with stable IT budget expenditures and the emergence of AI opportunities. Preference has shifted towards certain companies in the software sector, with an emphasis on a well-known large-cap company as a top pick.
Following Monday.com's Elevate user conference, the company's development into a multi-product platform was reinforced by management's presentation. It highlighted the successful expansion from its traditional work management tools to new, adjacent use cases. The company's focus on innovation is evident and appears to be well-received by its customer base. Additionally, the strategic acquisition of a competitor is seen as a tactical move that could enhance Monday.com's market presence and attract more investor attention.
Here are the latest investment ratings and price targets for $monday.com (MNDY.US)$ from 5 analysts:
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美東時間9月25日，多家華爾街大行更新了$monday.com (MNDY.US)$的評級，目標價介於295美元至327美元。
花旗分析師Steve Enders維持持有評級，並將目標價從250美元上調至327美元。
巴克萊銀行分析師Ryan MacWilliams維持買入評級，維持目標價300美元。
富瑞集團分析師Brent Thill維持買入評級，維持目標價300美元。
Loop Capital分析師Mark Schappel維持買入評級，並將目標價從285美元上調至310美元。
CCORF分析師David Hynes維持買入評級，維持目標價295美元。
此外，綜合報道，$monday.com (MNDY.US)$近期主要分析師觀點如下：
Monday.com的修訂估值歸因於第二季度業績之後後臺軟件行業更新的模型和偏好。人們認爲，在一個更容易接受風險的週期中，中小型軟件公司有可能積極調整其估值，再加上穩定的IT預算支出和人工智能機會的出現。偏好已轉移到軟件領域的某些公司，重點是將知名的大盤股公司作爲首選。
在Monday.com的Elevate用戶會議之後，管理層的演講加強了公司向多產品平台的發展。它強調了從傳統工作管理工具成功擴展到新的相鄰用例的過程。該公司對創新的關注是顯而易見的，似乎受到了其客戶群的好評。此外，對競爭對手的戰略收購被視爲一項戰術舉措，可以增強Monday.com的市場佔有率並吸引更多投資者的注意力。
以下爲今日5位分析師對$monday.com (MNDY.US)$的最新投資評級及目標價：
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