Wall Street Analysts Show Optimism: Should You Invest in Monday.com (MNDY)?

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As of now, Monday.com (MNDY) holds an average brokerage recommendation (ABR) of 1.50, indicating a near “Strong Buy” rating from 20 brokerage firms. Among these ratings, 14 are categorized as “Strong Buy” and two as “Buy,” translating to 70% and 10% of total recommendations, respectively.

The Zacks Consensus Estimate for Monday.com’s earnings remains unchanged at $2.40 for the current year, resulting in a Zacks Rank #3 (Hold). This consistent outlook suggests that the stock may perform in line with the broader market in the near term, prompting a cautious approach despite the positive ABR.

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