monday.com (MNDY) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $2.14
- Estimate
- $1.37
- Surprise
- +55.6%
- Revenue (period 2026-09-30)
- $377.5M
- Score at report (before → after)
- 6.4 → 6.1/10
Revenue source: yfinance_provisional (provisional — SEC XBRL not yet filed for this period).
How the report landed
monday.com (MNDY) beat the $1.37 estimate with adjusted EPS of $2.14 — a large 55.6% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.4/10) to Sell at 6.1/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MNDY Sell at 6.3/10.
4 of the last 4 quarters beat the estimate; this quarter's +55.6% surprise compares with a +31.3% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Attractive valuation
What argues against it
- Sector modifier (Technology): -0.8
- Negative momentum
- Below 200-MA, MA slope -8.6%/30d (confirmed downtrend)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $77.98
- Price target
- $97.89
- Stop
- $74.70
- Upside to target
- +25.5%
- Reward-to-risk
- 1.7:1
The stock trades at 27.5× trailing but 10.9× forward earnings — consensus estimates already build in a substantial earnings recovery.
Risk check: RSI 25 — a level conventionally read as oversold.
Model outputs from TrendMatrix’s engine as of 2026-11-10 — shown for context, not personalized investment advice.
MNDY at TrendMatrix's latest read
Technology names get repriced on forward expectations more than trailing prints — a quarter here is read through next-year growth and multiple, not the EPS line alone.
- Industry
- Software - Application
- Market cap
- $3.38B
- P/E (fwd)
- 10.9
- P/E (ttm)
- 27.5
- 52-week range
- $57.50–$169.76
- Off 52-week high
- 54.1%
- RSI (14)
- 25
- Volume vs avg
- 0.38×
- Score today
- 6.3/10