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Monday.com stock hits 52-week low at 66.18 USD
Monday.com’s stock has fallen to a new 52-week low of $66.18, representing a 69.37% decline over the past year. Despite this, the company maintains a strong financial position with an 89.2% gross profit margin and 26.75% revenue growth, holding more cash than debt. Analyst firms have recently adjusted their price targets downward due to various concerns, including revised guidance and uncertain demand, while some still maintain “Buy” or “Overweight” ratings.