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Monday.com (MNDY) Stock Slides as Market Rises: Facts to Know Before You Trade
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Monday.com (MNDY - Free Report) closed the most recent trading day at $93.46, moving -1.89% from the previous trading session. This change lagged the S&P 500's 0.37% gain on the day. At the same time, the Dow lost 0.38%, and the tech-heavy Nasdaq gained 0.83%.
Shares of the project management software developer have appreciated by 15.24% over the course of the past month, outperforming the Computer and Technology sector's loss of 13.14%, and the S&P 500's loss of 2.29%.
Market participants will be closely following the financial results of Monday.com in its upcoming release. The company plans to announce its earnings on November 9, 2026. In that report, analysts expect Monday.com to post earnings of $1.43 per share. This would mark year-over-year growth of 23.28%. Our most recent consensus estimate is calling for quarterly revenue of $368.34 million, up 16.25% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.58 per share and a revenue of $1.47 billion, signifying shifts of +26.82% and +19.29%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Mondaycom. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, Monday.com boasts a Zacks Rank of #2 (Buy).
In terms of valuation, Monday.com is currently trading at a Forward P/E ratio of 17.06. This represents a discount compared to its industry average Forward P/E of 20.34.
It is also worth noting that MNDY currently has a PEG ratio of 0.9. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 1.3 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 98, putting it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
View the Zacks #1 Rank List
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Monday.com (MNDY) Stock Slides as Market Rises: Facts to Know Before You Trade
Monday.com (MNDY - Free Report) closed the most recent trading day at $93.46, moving -1.89% from the previous trading session. This change lagged the S&P 500's 0.37% gain on the day. At the same time, the Dow lost 0.38%, and the tech-heavy Nasdaq gained 0.83%.
Shares of the project management software developer have appreciated by 15.24% over the course of the past month, outperforming the Computer and Technology sector's loss of 13.14%, and the S&P 500's loss of 2.29%.
Market participants will be closely following the financial results of Monday.com in its upcoming release. The company plans to announce its earnings on November 9, 2026. In that report, analysts expect Monday.com to post earnings of $1.43 per share. This would mark year-over-year growth of 23.28%. Our most recent consensus estimate is calling for quarterly revenue of $368.34 million, up 16.25% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.58 per share and a revenue of $1.47 billion, signifying shifts of +26.82% and +19.29%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Mondaycom. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, Monday.com boasts a Zacks Rank of #2 (Buy).
In terms of valuation, Monday.com is currently trading at a Forward P/E ratio of 17.06. This represents a discount compared to its industry average Forward P/E of 20.34.
It is also worth noting that MNDY currently has a PEG ratio of 0.9. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The average PEG ratio for the Internet - Software industry stood at 1.3 at the close of the market yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 98, putting it in the top 40% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.