The SaaSy People have consistently demonstrated their expertise in implementing, customising, and integrating monday.com to meet clients' unique needs across diverse industries. Their commitment to client success and their deep understanding of monday.com's capabilities have earned them a reputation for excellence in the monday.com ecosystem. The SaaSy People's achievement of Gold Partner status is a testament to their team's passion for empowering businesses to work smarter, not harder, with monday.com. Th ...

Monday.com (MNDY) closed the most recent trading day at $237.16, moving +0.27% from the previous trading session. The stock lagged the S&P 500's daily gain of 0.64%. On the other hand, the Dow registered a gain of 1.85%, and the technology-centric Nasdaq increased by 0.2%. Market participants will be closely following the financial results of Monday.com in its upcoming release. The company's upcoming EPS is projected at $0.54, signifying a 31.71% increase compared to the same quarter of the previous year. M ...

The project management software developer's shares have seen an increase of 11.53% over the last month, surpassing the Computer and Technology sector's gain of 8.41% and the S&P 500's gain of 4.08%. It is also important to note the recent changes to analyst estimates for Monday.com. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. The Zacks Rank system, whi ...

Company Performance - Monday.com’s stock has increased by 5.29% over the past month, which is below the Computer and Technology sector's gain of 6.52% and above the S&P 500's gain of 3.53% [1] - The stock closed at $240.76, reflecting a 1.9% increase from the previous day, outperforming the S&P 500's daily loss of 0.41% [10] Valuation Metrics - Monday.com has a Forward P/E ratio of 103.31, significantly higher than its industry's Forward P/E of 30.12, indicating a premium valuation [4] - The company has a PEG ratio of 2.48, compared to the Internet - Software industry's average PEG ratio of 1.74 [6] Earnings Estimates - For the fiscal year, Zacks Consensus Estimates project earnings of $2.29 per share and revenue of $944.84 million, representing increases of +23.78% and +29.48% from the prior year [5] - The upcoming earnings release is expected to show an EPS of $0.54, a 31.71% increase from the same quarter last year, with anticipated revenue of $227.96 million, indicating a 29.76% increase [7] Analyst Ratings - Monday.com holds a Zacks Rank of 1 (Strong Buy), which has historically generated an average annual return of +25% since 1988 [8] - Recent changes in analyst estimates for Monday.com reflect positive sentiment regarding the company's business outlook [11] Industry Context - The Internet - Software industry is part of the Computer and Technology sector and currently holds a Zacks Industry Rank of 81, placing it in the top 33% of over 250 industries [12]

Monday.com (MNDY) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Earnings Estimate Revisions For the current quarter, Monday.com is expected to post earnings of $0.54 per share, indicating a change of +31.7% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. Having a strong externally audited track record, our propri ...

Investment Thesis Rapid Recap Many software companies have kept their guidance unchanged since early in 2024 or even sometimes pulled in their revenue growth rate guidance. For example, MongoDB (MDB) or UiPath (PATH). But not monday.com. On the contrary, monday.com raised their guidance by 200 basis points. This is a business that is evidently still in hyper-growth mode. Hyper-growth means companies growing at more than 30% CAGR. And what's more important here, is that next year, as its comparables ease up, ...

Core Viewpoint - Monday.com is positioned for sustained growth due to its innovative low-code/no-code platform, expanding market opportunities, and effective customer acquisition strategies [3][11][18]. Company Overview - Monday.com offers a low-code/no-code software platform that enables organizations to create customized work management tools and applications [4][5]. - The company has transitioned from being part of Wix to operating independently, focusing on enhancing internal workflows [4]. Financial Performance - Revenue increased significantly from $78 million in 2019 to $730 million in 2023, demonstrating robust growth [7][12]. - The company reported positive adjusted free cash flow each year since 2021, which is notable for high-growth tech firms [7]. Market Potential - The total addressable market for Monday.com was estimated at $101 billion in 2023 and is projected to grow to $150 billion by 2026, indicating substantial growth opportunities [16]. - Despite its revenue of $730 million in 2023, the company has captured less than 1% of its total addressable market [16]. Customer Acquisition Strategies - The company employs multiple strategies to attract new clients, including a freemium service, corporate sales, and partnerships, with a focus on larger enterprise customers [9]. - Existing customer revenue growth is pursued by increasing seat licenses and cross-selling additional products [10]. Customer Growth - The customer base expanded from 90,000 in 2019 to 225,000 in 2023, reflecting a compound annual growth rate of 26% [15]. Competitive Advantage - Monday.com addresses client pain points by providing a unified platform that enhances communication and collaboration across different teams [13][14]. - The platform's ease of use and zero-cost trial for potential customers make it attractive for new users [19].

Still, there are significant risks investors ought to consider before making a decision about whether to buy shares of this company. But here's the thing: While Monday.com successfully expanded at rapid rates from its previous much smaller size, there is no guarantee that it will be able to replicate that at its current scale. Competition is intense in this market, with leading players such as Asana, Trello, and Smartsheet working to grow their footprints. So while the opportunity may be huge, it won't be a ...

MNDY's efficient go-to-market model continues to drive new logo acquisitions. Net dollar retention rates remain over 110%, showcasing the stickiness and pricing power of monday.com's products. Stellar Q1 Results Show Strength The stellar results underscored monday.com's durable growth drivers even in a challenging macro backdrop. The company boasted steady new customer additions in the first quarter across all customer segments — enterprise, mid-market and SMBs. What really stands out about monday.com is it ...

Core Viewpoint - Monday.com has an average brokerage recommendation (ABR) of 1.47, indicating a consensus between Strong Buy and Buy from 17 brokerage firms [1] Brokerage Recommendations - The ABR is calculated based on actual recommendations from brokerage firms, with 12 out of 17 recommendations classified as Strong Buy, accounting for 70.6% of total recommendations [12] - Brokerage analysts tend to exhibit a strong positive bias in their ratings, often issuing more favorable ratings than warranted by their research [7][9] - The ABR may not be the most reliable indicator for investment decisions, as studies suggest brokerage recommendations have limited success in guiding investors towards stocks with high price appreciation potential [13] Zacks Rank - The Zacks Rank for Monday.com is 1 (Strong Buy), driven by a significant increase in earnings estimate revisions, with the consensus estimate rising 175% over the past month to $2.29 [5][17] - Zacks Rank is distinct from ABR, as it is based on earnings estimate revisions and is a more timely indicator of future price movements [4][10] - The Zacks Rank categorizes stocks into five groups, providing a balanced assessment across all stocks for which earnings estimates are available [16] Investment Implications - The combination of a Buy-equivalent ABR and a Strong Buy Zacks Rank suggests that Monday.com may be a favorable investment opportunity [18]