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Capital One downgrades Monday.com to Equalweight on weaker Q3 revenue outlook despite strong Q2 results.

Analyst Insights
10 Aug 2026
Tony Dante
View Source
Bearish
pluang ai news

Capital One Financial downgraded Monday.com's stock rating to Equalweight with a new price target of $95, citing Q3 revenue guidance below analyst expectations. Monday.com forecasted Q3 revenue between $368 million and $370 million, under the consensus estimate of $372.8 million, causing a stock drop over 6%. Despite this, Monday.com reported strong Q2 results with 22% revenue growth and earnings surpassing estimates. The company is shifting focus to larger customers, leading to longer sales cycles but improving revenue quality, with high-value customers now making up 43% of annual recurring revenue, up from 38% a year ago.

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