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monday.com (MNDY) has an average rating of overweight and mean price target of $109, according to analysts polled by FactSet.Price: $86.03, Change: $-2.59, Percent Change: -2.92%
monday.com (MNDY) has an average rating of overweight and mean price target of $109, according to analysts polled by FactSet.
Monday.com (MNDY) guided its third-quarter revenue below Wall Street's estimates on Monday, even as it reported stronger-than-expected results for the preceding three-month period.For the ongoing quarter, the work management software provider projects revenue between $368 million to $370 million, representing a 16% to 17% rise year over year. Analysts in a FactSet poll expect $372.8 million.Monday.com forecasts adjusted operating income of $57 million to $59 million, compared with the second quarter's $61.1 million. Its US-listed shares declined 8.4% intraday, with the stock down 42% so far this year.The company, which competes with Atlassian (TEAM) and Asana (ASAN), continues to expect full-year revenue of $1.466 billion to $1.474 billion. Analysts are looking for $1.47 billion. Monday.com guided full-year adjusted operating income of $230 million to $234 million, down from $185 million to $191 million previously expected.For the June quarter, Monday.com reported adjusted EPS of $1.48, compared with $1.09 a year earlier and the consensus of $1.12. Revenue surged 22% to $364.6 million, while the Street projected $355.6 million.Last week, Atlassian reported fiscal fourth-quarter results that topped analysts' estimates. Asana is scheduled to release its second-quarter results next month.Last month, Monday.com cut its workforce by about 20% amid demand for artificial intelligence agents."Over the past nine months, Monday.com (has) undergone the most meaningful strategic shift in our history," co-Chief Executive Roy Mann said on an earnings call, according to a FactSet transcript. "We moved from building software that helps people manage work to building software that does the work with people and AI agents operating together in a single unified workspace."Price: $85.88, Change: $-7.25, Percent Change: -7.78%
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.1% and the actively traded Invesco QQQ Trust (QQQ) retreated 0.1% in Monday's premarket activity amid higher crude prices tied to the Strait of Hormuz uncertainty.US stock futures were mixed, with S&P 500 Index futures up 0.04%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures gaining 0.2% before the start of regular trading.In premarket activity, bitcoin was down by 0.3%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 0.2% lower, Ether ETF (EETH) retreated 0.1%, and Bitcoin & Ether Market Cap Weight ETF (BETH) rose 5%.Power Play:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.2%, the Vanguard Health Care Index Fund (VHT) was up 0.3%, while the iShares US Healthcare ETF (IYH) was inactive. The iShares Biotechnology ETF (IBB) was 0.4% higher.Sionna Therapeutics (SION) shares were down more than 90% after the company said it will not advance SION-719 as an add-on therapy to standard of care Trikafta in cystic fibrosis patients after a phase 2a proof-of-concept failed to meet its key activity endpoint of sweat chloride reduction.Winners and Losers:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) retreated 0.3%, the iShares US Technology ETF (IYW) was 0.4% lower, and the iShares Expanded Tech Sector ETF (IGM) was down 0.3%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) was up 0.1%, while the iShares Semiconductor ETF (SOXX) declined by 0.1%.Monday.com (MNDY) stock was more than 10% lower in premarket activity after the company guided for Q3 revenue that trailed analyst estimates.EnergyThe iShares US Energy ETF (IYE) gained 0.03%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 1.1%.National Energy Services Reunited (NESR) shares were up over 8% before market open after the company reported higher Q2 adjusted earnings and revenue.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) advanced 0.02%, the Vanguard Industrials Index Fund (VIS) retreated 0.01%, and the iShares US Industrials ETF (IYJ) was inactive.CECO Environmental (CECO) stock was up over 7% before the opening bell after the company reported higher Q2 non-GAAP earnings and net sales.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was down 0.3%, the Vanguard Consumer Staples Index Fund ETF Shares (VDC) was 0.5% lower, and the iShares US Consumer Staples ETF (IYK) was 0.1% higher. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.2%. The VanEck Retail ETF (RTH) was inactive, while the State Street SPDR S&P Retail ETF (XRT) was up 0.9%.GameStop (GME) shares were up more than 2% pre-bell after Bloomberg reported that Chief Executive Ryan Cohen is considering pulling the company's $56 billion bid for eBay (EBAY). eBay shares were 0.4% lower.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated 0.03%. Direxion Daily Financial Bull 3X Shares (FAS) was up 0.1%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.1% higher.Robinhood Markets (HOOD) stock was up 1% in early-hours activity after Bloomberg reported the company will begin rolling out cryptocurrency trading to eligible UK customers this week, allowing them to trade digital assets through its app.CommoditiesFront-month US West Texas Intermediate crude oil advanced by 1.8% to $79.58 per barrel on the New York Mercantile Exchange. Natural gas was 4.5% higher at $2.78 per 1 million British Thermal Units. The United States Oil Fund (USO) increased by 3.3%, while the United States Natural Gas Fund (UNG) was 3.4% higher.Gold futures for November declined by 0.2% to $4,390.40 an ounce on the Comex. Silver futures gained 1% to reach $64.14 an ounce. SPDR Gold Shares (GLD) was down by 0.3%, and the iShares Silver Trust (SLV) was 0.3% higher.
The benchmark US stock measures were mostly pointing higher before the opening bell Monday as traders monitor the latest developments in the Middle East and await key inflation data later in the week.The S&P 500 edged up 0.1% and the Nasdaq increased 0.4% in premarket activity, while the Dow Jones Industrial Average slipped 0.2%. The indexes finished Friday trading in the green, with the S&P 500 notching a new closing high.Iranian Foreign Minister Abbas Araghchi said Sunday that Tehran isn't in direct talks with Washington to end their war and reopen the Strait of Hormuz, CNBC reported, citing state media. Araghchi noted that the US will still have to meet Iran's conditions to open the strait, even if a deal is finalized with Oman on the crucial waterway.West Texas Intermediate crude oil inclined 0.9% to $78.85 a barrel before the open, while Brent gained nearly 1% to $84.38.President Donald Trump has signaled that he's prepared to let economic pressure take its toll on Iran instead of mounting another military attack, Axios reported Sunday."We are low-keying it," Trump reportedly said in a phone call, according to Axios. "We are only semi-negotiating with them. We are just watching Iran with its huge inflation and the fact they have no money."With no major economic data scheduled for Monday, traders await the consumer price index for July on Wednesday, followed by wholesale prices and retail sales for the same month on Thursday and Friday, respectively.US Treasury yields were mixed in premarket action, with the two-year rate nudging 0.6 basis points higher to 4.21% while the 10-year rate retreated 0.4 basis points to 4.66%.Last week, official data showed that nonfarm payrolls unexpectedly fell in July, marking the first decline since February. The unemployment rate decreased to 4.1%, the lowest since June 2025 when it stood at the same level.Ferguson Enterprises (FERG), Axsome Therapeutics (AXSM) and monday.com (MNDY) report their latest financial results before the bell, among others. Rocket Lab (RKLB) and Hims & Hers Health (HIMS) post their earnings after the markets close.Shares of Plug Power (PLUG) advanced 5% pre-bell while Palantir Technologies (PLTR) was off 1.4% following a 10% jump at the close of Friday. Super Micro Computer (SMCI) climbed 3.2%.Gold inched up 0.1% to $4,402 per troy ounce, while bitcoin slipped 0.3% to $64,972.
monday.com (MNDY) reported Q2 adjusted earnings Monday of $1.48 per diluted share, up from $1.09 a year earlier.Analysts surveyed by FactSet expected $1.11.Revenue for the quarter ended June 30 was $364.6 million, up from $299 million a year earlier.Analysts expected revenue of $355.5 million.The company said it expects Q3 revenue of $368 million to $370 million. Analysts surveyed by FactSet expect $372.8 million.The company maintained its 2026 revenue guidance to be between $1.466 million to $1.474 million. Analysts expect revenue of $1.47 billion.Shares of the company fell more than 9% in recent Monday pre-bell activity.Price: $84.74, Change: $-8.39, Percent Change: -9.01%
Technology stocks were falling premarket Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 1.3% and the State Street SPDR S&P Semiconductor ETF (XSD) 2.6% lower.Super Micro Computer (SMCI) stock was up more than 12% after the company said it expects fiscal Q4 GAAP and non-GAAP gross margins in the range of 15% to 17%, significantly above its 8.2% to 8.4% forecast due to a favorable customer and product mixMonday.com (MNDY) has implemented a restructuring plan that would reduce its workforce by about 20%, the company said in a filing. Shares of Monday.com were up more than 2% pre-bell.Nvidia (NVDA) has launched US mass production of its GB300 Grace Blackwell Ultra Superchip through a new $700 million Wistron manufacturing facility opened in Fort Worth, Texas, the latter said. Nvidia stock was 0.9% lower premarket.
Monday.com (MNDY) has an average rating of overweight and mean price target of $105.65, according to analysts polled by FactSet.Price: $78.88, Change: $+2.62, Percent Change: +3.44%
Tech stocks were higher late Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.3% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 3.5%.The Philadelphia Semiconductor index added 2.5%.In corporate news, Meta Platforms (META) is being sued by Santa Clara County, California, over allegations that it "knowingly facilitates and profits from billions of scam advertisements" on Facebook and Instagram, Bloomberg reported. Meta shares were down 1.7%.Intel (INTC) shares rose 3.4% after the company and Apple (AAPL) reached a preliminary agreement under which the chipmaker will make some of the chips powering Apple devices, according to a Wall Street Journal report on Friday.Monday.com (MNDY) lifted its full-year revenue outlook after the project management software company posted a surprise Q1 earnings gain. Its shares jumped 6.7%.Palantir Technologies (PLTR) stock was down 1.1% after the company's external staff and other consultants were provided unrestricted entry to identifiable medical records by the UK's National Health Service, according to a Financial Times report citing an internal briefing note.
Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.2% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 2.4%.The Philadelphia Semiconductor index added 2.2%.In sector news, Cerebras Systems increased the size and expected price range of its initial public offering, which now could raise as much as $5.52 billion for the AI chipmaker.In corporate news, Monday.com (MNDY) lifted its full-year revenue outlook after the project management software company posted a surprise Q1 earnings gain. Its shares rose 2.4%.SoFi Technologies (SOFI) is taking over British fintech PrimaryBid, Sky News reported, citing a letter PrimaryBid sent its shareholders that it viewed. SoFi shares added 2%.Microsoft-backed (MSFT) OpenAI allowed employees to sell as much as $30 million worth of shares each in a recent financing, The Wall Street Journal reported. More than 600 existing and former OpenAI employees sold their shares in a single stroke in October, collectively making $6.6 billion, the report said. Microsoft shares were down 1.2%.
Tech stocks were higher Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) rising 1.2% and the State Street SPDR S&P Semiconductor ETF (XSD) climbing 2.4%.The Philadelphia Semiconductor index added 2.2%.In corporate news, Monday.com (MNDY) lifted its full-year revenue outlook after the project management software company posted a surprise Q1 earnings gain. Its shares gained 2.7%.
Monday.com (MNDY) lifted its full-year revenue outlook after the project management software company posted a surprise first-quarter earnings gain.Revenue this year is now expected at $1.466 billion to $1.474 billion, up 19% to 20% from a year earlier, the company said Monday. The previous forecast was $1.45 billion to $1.46 billion, up 18% to 19%. The FactSet consensus is $1.46 billion.Full-year adjusted operating income guidance was increased to $185 million to $191 million from the previous forecast of $165 million to $175 million.The company's shares rose 5.7% in Monday trading, paring earlier gains. The stock has dropped 48% this year.In the first quarter, adjusted earnings rose to $1.15 a share from $1.10 a year earlier. The market consensus was $0.93. Revenue climbed 24% to $351.3 million, topping Wall Street's estimate of $339.1 million."(The first quarter) was a strong quarter across every financial dimension, with revenue, margins and cash flow all coming in ahead of expectations," Chief Financial Officer Eliran Glazer said in a statement. "The AI productivity gains we are seeing inside our own organization are demonstrating that we can grow revenue without growing headcount in lockstep, a dynamic we believe will be a meaningful driver of operating leverage over time."The number of paid customers generating more than $500,000 in annual recurring revenue rose 74% to 99 from a year earlier, while those contributing more than $100,000 increased 39% to 1,844, the company said.Monday.com expects second-quarter revenue to increase 18% to 19% to $354 million to $356 million from a year earlier. The market consensus is $354.2 million. Adjusted operating income is projected at $46 million to $48 million.Price: $76.18, Change: $+4.11, Percent Change: +5.70%
The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was down 0.1% and the actively traded Invesco QQQ Trust (QQQ) was 0.03% higher in Monday's premarket activity as US President Donald Trump rejected Iran's reported resolution offer.US stock futures were mixed, with S&P 500 Index futures down 0.1%, Dow Jones Industrial Average futures slipping 0.2%, and Nasdaq futures gaining 0.03% before the start of regular trading.The existing home sales data for April will be released at 10 am ET.In premarket activity, bitcoin was down by 0.3%. Among cryptocurrency ETFs, the cryptocurrency fund ProShares Bitcoin Strategy ETF (BITO) was 1.1% higher, Ether ETF (EETH) advanced 0.9%, and Bitcoin & Ether Market Cap Weight ETF (BETH) gained 2.8%.Power Play:TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) advanced by 0.4%, and the iShares US Technology ETF (IYW) was 0.5% higher, while the iShares Expanded Tech Sector ETF (IGM) was up 0.6%. Among semiconductor ETFs, the State Street SPDR S&P Semiconductor ETF (XSD) increased by 2.6%, while the iShares Semiconductor ETF (SOXX) rose by 0.9%.Monday.com (MNDY) shares were up more than 24% in premarket activity after the company reported higher Q1 adjusted earnings and revenue.Winners and Losers:Health CareThe State Street Health Care Select Sector SPDR ETF (XLV) advanced 0.2%, the Vanguard Health Care Index Fund (VHT) retreated by 0.2%, while the iShares US Healthcare ETF (IYH) slipped 0.7%. The iShares Biotechnology ETF (IBB) was flat.Moderna (MRNA) stock rose over 9% premarket after Bloomberg reported the company has been working on early-stage vaccines targeting hantaviruses.FinancialThe State Street Financial Select Sector SPDR ETF (XLF) retreated by 0.01%. Direxion Daily Financial Bull 3X Shares (FAS) was down 0.01%, while its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), was 0.2% lower.ORIX (IX) shares were up more than 8% pre-bell after the company reported higher fiscal 2026 earnings and revenue.ConsumerThe State Street Consumer Staples Select Sector SPDR ETF (XLP) was up 0.2%, and the Vanguard Consumer Staples Index Fund ETF Shares (VDC) gained 0.04%. The iShares US Consumer Staples ETF (IYK) was flat. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) lost 0.3%. The VanEck Retail ETF (RTH) was down 0.4%, while the State Street SPDR S&P Retail ETF (XRT) retreated by 0.3%.United Parks & Resorts (PRKS) shares were down more than 3% pre-bell after the company reported a wider Q1 loss and lower revenue.IndustrialThe State Street Industrial Select Sector SPDR ETF (XLI) retreated by 0.2%, while the Vanguard Industrials Index Fund (VIS) was down 0.1%, and the iShares US Industrials ETF (IYJ) was inactive.Grupo Aeroportuario del Pacifico (PAC) stock was down more than 1% before the opening bell. The company said it had started the process for the potential establishment of a trust for the issuance of energy and infrastructure investment trust certificates, with a view to subscribing to a minority equity stake in the 12 Mexican airport concessionaires that Grupo Aeroportuario operates.EnergyThe iShares US Energy ETF (IYE) rose 1.8%, while the State Street Energy Select Sector SPDR ETF (XLE) was up by 1.3%.Cameco (CCJ) stock was down more than 1% before Monday's opening bell after the company said that flooding in northern Saskatchewan collapsed the Smoothstone River Bridge, disrupting a key supply route to its McArthur River mine and Key Lake mill.CommoditiesFront-month US West Texas Intermediate crude oil rose 2.6% to $97.91 per barrel on the New York Mercantile Exchange. Natural gas was up 2.5% at $2.83 per 1 million British Thermal Units. The United States Oil Fund (USO) advanced 3.9%, while the United States Natural Gas Fund (UNG) was 3.3% higher.Gold futures for May fell by 1% to $4,683.40 an ounce on the Comex. Silver futures advanced by 1.2% to $81.81 an ounce. SPDR Gold Shares (GLD) was 1.1% lower, and the iShares Silver Trust (SLV) rose by 0.6%.
Technology stocks were advancing premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.3% higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 1.1%.Monday.com (MNDY) stock was up more than 19% after the company posted higher Q1 adjusted earnings and revenue, and raised its 2026 revenue outlook.Circle Internet (CRCL) shares were up more than 2% after the company posted higher Q1 earnings and revenue.CEVA (CEVA) stock was up more than 8% after the company reported Q1 non-GAAP earnings and revenue that exceeded analysts' expectations.
Technology stocks were advancing premarket Monday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.2% higher and the State Street SPDR S&P Semiconductor ETF (XSD) up 1.2%.Monday.com (MNDY) stock was up more than 21% after the company posted higher Q1 adjusted earnings and revenue, and raised its 2026 revenue outlook.
The benchmark US stock measures were pointing lower before the opening bell Monday as the US rejected Iran's response to its proposal to end their war in the Middle East, while traders await key inflation data later in the week.The S&P 500 and the Nasdaq edged down 0.1% each in premarket activity, while the Dow Jones Industrial Average was slightly in the red. The indexes finished Friday trading in the green, with the S&P 500 and the Nasdaq logging new closing highs.Iran formally sent a response to the latest US peace proposal, outlining its own demands and leaving key gaps between the two sides, The Wall Street Journal reported Sunday. Tehran's response didn't resolve Washington's demand for commitments on its nuclear program and stockpile of highly enriched uranium, according to the report."I have just read the response from Iran's so-called 'representatives,'" President Donald Trump said in a social media post on Sunday. "I don't like it - totally unacceptable!"Iran has reportedly insisted on compensation for war damages, control over the crucial Strait of Hormuz, lifting all sanctions on it and the release of frozen assets.Israeli Prime Minister Benjamin Netanyahu reportedly said in a recent interview with CBS that the war with Iran is not over. "There is still enrichment sites that have to be dismantled, there's still proxies that Iran supports, there are ballistic missiles that they still want to produce ... there's work to be done," Netanyahu said.West Texas Intermediate crude oil increased 2.5% to $97.79 a barrel before the open, while Brent advanced 2.4% to $103.72.Treasury yields were trending upwards in premarket action, with the two-year rate rising 2.9 basis points to 3.92% and the 10-year rate gaining 2.6 basis points to 4.39%.The consumer price index for April is scheduled to be released on Tuesday, followed by data on wholesale prices for the same month on Wednesday. Last month's retail sales report is due on Thursday.Last week, government data showed that the US economy added more jobs than expected in April, while the unemployment rate remained unchanged.For the Federal Reserve, the hiring momentum further shifts the focus to inflation, keeping it on the sidelines for now, "and raising the possibility of future rate hikes," Stifel Chief Economist Lindsey Piegza said in a report e-mailed toon Friday.Consumer sentiment continued to fall in May as cost pressures tied to the Middle East conflict sent the measure tumbling to fresh lows, a survey by the University of Michigan showed Friday.Monday's thin economic calendar has the existing home sales report for April at 10 am ET.Constellation Energy (CEG), Circle Internet (CRCL), Fox (FOX, FOXA), Mosaic (MOS) and Monday.com (MNDY) are slated to report their latest financial results before the bell, among others.Shares of Micron Technology (MU) rose 2.6% pre-bell after closing Friday's trading session up 16%. Hims & Hers Health (HIMS) added 4.5% after the stock closed 10% higher in the previous session. Intel (INTC) climbed 5.5%.Gold declined 1.3% to $4,671 per troy ounce, while bitcoin slipped 0.5% to $81,015.
Monday.com (MNDY) reported Q1 adjusted earnings Monday of $1.15 per diluted share, up from $1.10 a year earlier.Analysts surveyed by FactSet expected $0.93.Revenue for the quarter ended March 31 was $351.3 million, up from $282.3 million a year earlier.Analysts expected revenue of $339.1 million.The company said it expects Q2 revenue of $354 million to $356 million. Analysts surveyed by FactSet expect $354.2 million.Meanwhile, the company raised its 2026 revenue to now be between $1.466 billion and $1.474 billion, compared with the prior guidance of between $1.45 billion and $1.46 billion. Analysts expect revenue of $1.46 billion.Shares of the company rose more than 24% in recent Monday pre-bell activity.Price: $89.51, Change: $+17.44, Percent Change: +24.20%
Monday.com (MNDY) has an average rating of overweight and mean price target of $111.96, according to analysts polled by FactSet.
