Shares of Monday.com Ltd (NASDAQ:MNDY) fell despite the company reporting better-than-expected fourth-quarter results.
Here are the key analyst insights:
- BTIG analyst Allan Verkhovski reiterated a Buy rating, while slashing the price target from $210 to $135.
- KeyBanc Capital Markets analyst Jackson Ader maintained an Overweight rating, but reduced the price target from $220 to $140.
Check out other analyst stock ratings.
BTIG: Monday.com reported Q4 revenue of $334 million, representing 24.6% year-on-year growth, representing a beat of $4.9 million, identical to the previous quarter, Verkhovski said. The company’s NRR (net recurring revenue), excluding pricing impacts, remained stable in the fourth quarter and is expected to continue at 110% in 2026, he added.
Management’s 2026 free cash flow guidance of around $282 million came in below consensus expectations …