Monday.com NASDAQ: MNDY had another beat-and-raise quarter because the combination of its offering and operational quality delivered results. The company delivers results for its clients and investors and has its stock on track to hit a multi-year high soon. The question is whether this market will dip again before crossing the critical threshold and if there is a chance it might. The takeaway is that, dip or no dip, this market is simmering and could come to a boil at any time. Get monday.com alerts: Monda ...

Monday.com (MNDY) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 74.07%. A quarter ago, it was expected that this project management software developer would post earnings of $0.39 per share when it actually produced earnings of $0.61, delivering a surprise of 56.41%. Over the last ...

11. monday.com Q2 FY24 Earnings Safe harbor This presentation has been prepared by monday.com Ltd. ("we," "us," "our," "monday.com" or the "Company"). This presentation (including oral commentary that accompanies this presentation) contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook and market positioning. These forward- looking statements are ...

Have you heard of Monday.com (MNDY 0.79%)? Maybe you've run into its software-as-a-service (SaaS) platform at work -- where more than 200,000 client companies use Monday.com to manage their workflows and projects. Monday.com's recent price increase Now, here's where things get interesting. Monday.com has recently updated its pricing model, rolling it out ahead of schedule due to positive feedback. Let's find Monday.com's place in the competitive landscape Monday.com is a versatile platform, easily customiza ...

Heading into today, shares of the project management software developer had lost 0.08% over the past month, outpacing the Computer and Technology sector's loss of 5.32% and the S&P 500's loss of 1.16% in that time. Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. The Inter ...

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 ...