monday.com (MNDY) stock forecast for 2024
Last update: September 27, 2023 (11:25)
Sector: TechnologyThe share price of monday.com Ltd. (MNDY) now
50/200 Day Moving Average: $169.83 / $143.05
This figure corresponds to the Average Price over the previous 50/200 days. For monday.com stocks, the 50-day moving average is the resistance level today.
For monday.com stocks, the 200-day moving average is the resistance level today.
Are you interested in monday.com stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the monday.com stock price in 2024. How much will one monday.com share be worth in 2024? Is it worth taking profit / loss on monday.com stock now or waiting? What are analysts' forecasts for monday.com stock?
We forecast monday.com stock performance using neural networks based on historical data on monday.com stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. The monday.com stock prediction results are shown below and presented as a graph, table and text information.
monday.com stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for monday.com analysts is $209.06.
Today 200 Day Moving Average is the support level (143.05 $).
50 Day Moving Average is the support level (169.83 $).
Historical and forecast chart of monday.com stock
The chart below shows the historical price of monday.com stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the monday.com stock price can be found in the table below.
monday.com (MNDY) Forecast for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 182.87 | 175.55 | 195.16 | 10.04 % |
| Feb | 170.29 | 153.12 | 190.99 | 19.83 % |
| Mar | 165.38 | 155.86 | 177.82 | 12.35 % |
| Apr | 152.42 | 138.27 | 170.71 | 19.00 % |
| May | 156.81 | 144.26 | 173.11 | 16.67 % |
| Jun | 152.04 | 134.04 | 167.85 | 20.14 % |
| Jul | 173.69 | 159.80 | 195.09 | 18.09 % |
| Aug | 168.41 | 153.32 | 180.81 | 15.20 % |
| Sep | 176.76 | 155.27 | 182.42 | 14.88 % |
| Oct | 191.47 | 183.50 | 214.75 | 14.55 % |
| Nov | 188.71 | 168.78 | 196.87 | 14.26 % |
| Dec | 192.64 | 178.77 | 216.68 | 17.50 % |
monday.com information and performance
Israeli company Monday.com offers workflow management software. The Monday.com platform allows companies to create a personalized work system without the need to write code. Monday.com integrates into various systems and applications, linking workflows within organizations. The company also offers ready-made product solutions for marketing, CRM, project management, software development, etc.
Monday.com has 127,000 customers, ranging from small teams to thousands of employees like Hulu, Peloton and the NHL. The company operates in more than 20 areas, with about 70% of clients working in traditionally “non-tech” industries such as real estate, banking, journalism and construction.
6 YITZHAK SADEH STREET, TEL AVIV-YAFO, IL
Market capitalization of the monday.com Ltd. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of MNDY shares in the company outstanding by the market price of one share.
EBITDA of monday.com is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
monday.com price target for 2024 by month
Target values for the price of one monday.com share for Jan 2024.
In Jan, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 10.045% volatility is expected.
Pessimistic target level: 175.55
Optimistic target level: 195.16
Target values for the price of one monday.com share for Feb 2024.
In Feb, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 19.829% volatility is expected.
Pessimistic target level: 153.12
Optimistic target level: 190.99
Target values for the price of one monday.com share for Mar 2024.
In Mar, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 12.351% volatility is expected.
Pessimistic target level: 155.86
Optimistic target level: 177.82
Target values for the price of one monday.com share for Apr 2024.
In Apr, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 19.000% volatility is expected.
Pessimistic target level: 138.27
Optimistic target level: 170.71
Target values for the price of one monday.com share for May 2024.
In May, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 16.666% volatility is expected.
Pessimistic target level: 144.26
Optimistic target level: 173.11
Target values for the price of one monday.com share for Jun 2024.
In Jun, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 20.145% volatility is expected.
Pessimistic target level: 134.04
Optimistic target level: 167.85
Target values for the price of one monday.com share for Jul 2024.
In Jul, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 18.091% volatility is expected.
Pessimistic target level: 159.80
Optimistic target level: 195.09
Target values for the price of one monday.com share for Aug 2024.
In Aug, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 15.201% volatility is expected.
Pessimistic target level: 153.32
Optimistic target level: 180.81
Target values for the price of one monday.com share for Sep 2024.
In Sep, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 14.884% volatility is expected.
Pessimistic target level: 155.27
Optimistic target level: 182.42
Target values for the price of one monday.com share for Oct 2024.
In Oct, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 14.551% volatility is expected.
Pessimistic target level: 183.50
Optimistic target level: 214.75
Target values for the price of one monday.com share for Nov 2024.
In Nov, the Negative dynamics for Momo shares will prevail with possible monthly volatility of 14.264% volatility is expected.
Pessimistic target level: 168.78
Optimistic target level: 196.87
Target values for the price of one monday.com share for Dec 2024.
In Dec, the Positive dynamics for Momo shares will prevail with possible monthly volatility of 17.496% volatility is expected.
Pessimistic target level: 178.77
Optimistic target level: 216.68