Monday.com Stock Surges 4.24% on $380M Trading Volume Boost Climbs to 280th in Market Activity with Institutional Buys and Analyst Upgrades

Generated by AI AgentAinvest Volume Radar
Thursday, Aug 28, 2025 7:50 pm ET1min read
Aime RobotAime Summary

- Monday.com (MNDY) surged 4.24% on August 28, 2025, with a $380M trading volume boost, driven by institutional buys and analyst upgrades.

- Analysts like KeyBanc and Needham raised price targets above $250, while institutional ownership hit 73.7% as firms added to positions.

- Short interest dropped 17.85% monthly, and MNDY ranked 280th in market activity despite AI-driven volatility.

- Bank of America cut its rating to neutral due to AI risks, though MNDY’s high P/E (245.68) and PEG (10.57) reflect growth expectations.

On August 28, 2025, monday.com (MNDY) surged 4.24% with a trading volume of $0.38 billion, marking a 67.62% increase from the previous day and ranking 280th in market activity. The stock’s performance was driven by sustained institutional and analyst support, including recent upgrades and buy ratings from multiple firms.

Analysts highlighted renewed confidence in the company’s growth trajectory, with KeyBanc and Needham reiterating overweights or buy ratings and setting price targets above $250. Institutional investors, including Graham Capital and

, added to their positions, while institutional ownership remains robust at 73.7%. Despite recent volatility linked to AI-driven search trends, MNDY’s strong earnings guidance and customer adoption of its platform have reinforced its appeal in the enterprise software sector.

Short interest in

has declined by 17.85% month-on-month, signaling improving investor sentiment. However, recently cut its rating to neutral, citing risks from Google’s AI overviews impacting SEO traffic. The stock’s elevated P/E ratio of 245.68 and PEG ratio of 10.57 suggest high expectations for future growth, though some analysts caution about valuation pressures.

Query limit exceeded.

Comments



Add a public comment...
No comments

No comments yet