Core Insights - Monday.com (MNDY) reported quarterly earnings of $1.16 per share, exceeding the Zacks Consensus Estimate of $0.89 per share, and up from $0.85 per share a year ago, representing an earnings surprise of +30.34% [1] - The company achieved revenues of $316.86 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.55% and increasing from $251 million year-over-year [2] - The stock has underperformed the market, losing about 19.5% since the beginning of the year compared to the S&P 500's gain of 14.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.88 on revenues of $333.24 million, and for the current fiscal year, it is $3.97 on revenues of $1.23 billion [7] - The estimate revisions trend for Monday.com was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Internet - Software industry, to which Monday.com belongs, is currently ranked in the top 28% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Financial Performance - Revenue for Q3 FY25 reached $317 million, representing a 26% year-over-year growth[5] - The company's adjusted free cash flow was $92 million, which is 29% of the revenue[5] - Gross margin stands at 90%[5] - Remaining performance obligations (RPO) reached $747 million in Q3 FY25[36] Customer Growth and Retention - Customers with ARR (Annual Recurring Revenue) exceeding $50,000 experienced a 37% year-over-year increase, totaling 3,993[5] - Net dollar retention rate for customers with ARR over $50,000 is 117%[5] - Total customer base has grown at a CAGR of 22% from FY19 to FY24[17] Customer Segmentation - Customers with $50k+ ARR contribute 40% of the total ARR[29] - Customers with $100k+ ARR contribute 27% of the total ARR[29] - Customers with $500k+ ARR contribute 6% of the total ARR[29] Geographical Revenue Distribution - North America accounts for 54% of the company's revenue[23] - Europe contributes 27% to the company's revenue[23] - MEA (Middle East & Africa) accounts for 5% of the company's revenue[23] - APAC (Asia-Pacific) contributes 8% to the company's revenue[23] - Latam (Latin America) accounts for 6% of the company's revenue[23]

Shares of monday.com fall as the company's revenue forecast disappoints. ...

Core Insights - monday.com reported Q3 CY2025 revenue of $316.9 million, exceeding Wall Street's expectations by 1.4% with a year-on-year growth of 26.2% [1][7][8] - The company provided Q4 CY2025 revenue guidance of $329 million, which is below analysts' estimates of $333.8 million [1][7] - Non-GAAP profit per share was $1.16, surpassing analysts' consensus estimates by 32.5% [1][7] Company Overview - monday.com is a cloud-based work operating system designed to help teams manage projects, track tasks, and streamline workflows through customizable interfaces [4] Revenue Growth - The company achieved an impressive annualized revenue growth of 53.3% over the last five years, outperforming the average software company [5] - Over the last two years, the annualized revenue growth was 31.2%, indicating healthy demand despite being below the five-year trend [6] Financial Performance - Adjusted operating income was $47.48 million, exceeding analyst estimates by 33.7% with a margin of 15% [7] - Operating margin improved to -0.8%, up from -10.9% in the same quarter last year [7] - Free cash flow margin increased to 28.5%, compared to 21.4% in the previous quarter [7] - The company has 3,993 customers paying more than $50,000 annually, with a net revenue retention rate of 115% [7] Market Position - The current market capitalization of monday.com stands at $9.77 billion [7]

Core Insights - Monday.com reported third-quarter earnings of $1.16 per share, a 36% increase year-over-year, with revenue rising 26% to $316.9 million, surpassing Wall Street expectations for profit but falling short on revenue guidance [2][3] - The company projected revenue of $329 million for the upcoming quarter, below analyst estimates of $333.7 million, indicating a cautious outlook [3] Financial Performance - Adjusted profit for the quarter ending September 30 was $1.16 per share, compared to analysts' expectations of 88 cents [2] - Revenue for the same quarter was $316.9 million, exceeding the forecast of $312.3 million, while the previous year's revenue was $251 million [2] Stock Market Reaction - Following the earnings report, Monday.com's stock fell 18% to approximately $155.49, marking a two-year low [3] - Prior to the earnings announcement, the stock had already declined 18% in 2024, and it experienced a significant drop of 29.8% on August 11 after Q2 results [3] Competitive Landscape - Monday.com competes with other project management software companies such as Asana, Smartsheet, and Atlassian [4] - The company raised $574 million during its IPO in June 2021, with an initial stock price of $155 [4] Stock Ratings - Monday.com holds a Composite Rating of 53 out of a possible 99, indicating moderate performance relative to peers [4] - The stock has an Accumulation/Distribution Rating of D, suggesting heavy selling over the past 13 weeks [5]

Group 1 - U.S. stock futures are higher, with Nasdaq futures gaining approximately 1.5% [1] - Monday.Com Ltd is expected to report quarterly earnings of 88 cents per share, an increase from 85 cents per share year-over-year [2] - The consensus estimate for monday.com's quarterly revenue is $312.26 million, up from $251 million a year earlier [2] Group 2 - Monday.Com shares fell 2.6% to $184.70 in pre-market trading [2] - Metsera Inc shares dipped 15% to $70.68 in pre-market trading following Pfizer's $10 billion acquisition deal [4] - Ionis Pharmaceuticals Inc declined 11.5% to $65.00 after disclosing results from pivotal Phase 3 studies [4] - Other companies such as UniQure NV, Oscar Health Inc, Centene Corp, and Immunovant Inc also experienced declines in pre-market trading [4]

Group 1 - U.S. stock futures are higher, with Nasdaq futures gaining approximately 1.5% on Monday [1] - Monday.Com Ltd is expected to report quarterly earnings of 88 cents per share, an increase from 85 cents per share in the previous year [2] - The consensus estimate for monday.com's quarterly revenue is $312.26 million, up from $251 million a year earlier [2] Group 2 - Monday.Com shares fell 2.6% to $184.70 in pre-market trading [2] - Metsera Inc shares dipped 15% to $70.68 after Pfizer secured a $10 billion deal to acquire the company [4] - Ionis Pharmaceuticals Inc declined 11.5% to $65.00 following the disclosure of pivotal Phase 3 study results [4] - Other companies such as UniQure NV, Oscar Health Inc, Centene Corp, and Immunovant Inc also experienced declines in pre-market trading [4]

Core Viewpoint - monday.com Ltd. is expected to report a quarterly earnings increase to 88 cents per share for Q3, up from 85 cents in the same period last year, with projected revenue of $312.26 million, compared to $251 million a year earlier [1] Financial Performance - In Q2, monday.com reported a revenue growth of 27% year-on-year, reaching $299.01 million, surpassing the analyst consensus estimate of $293.54 million [2] - The company's shares rose by 4.7% to close at $189.59 following the Q2 earnings report [2] Analyst Ratings - Wells Fargo analyst Ryan Macwilliams initiated coverage with an Overweight rating and a price target of $260 for 2025 [5] - Citigroup analyst Steven Enders maintained a Buy rating and raised the price target from $326 to $332 for 2025 [5] - Cantor Fitzgerald analyst Thomas Blakey maintained an Overweight rating but reduced the price target from $286 to $257 for 2025 [5] - Piper Sandler analyst Brent Bracelin kept an Overweight rating and lowered the price target from $300 to $275 for 2025 [5] - Goldman Sachs analyst Kash Rangan maintained a Buy rating and cut the price target from $350 to $270 for 2025 [5]

Core Viewpoint - monday.com Ltd. is set to release its third-quarter earnings on November 10, with expectations of increased earnings and revenue compared to the previous year [1]. Financial Performance - Analysts predict that monday.com will report earnings of 88 cents per share for the third quarter, up from 85 cents per share in the same period last year [1]. - The consensus estimate for quarterly revenue is $312.26 million, a significant increase from $251 million a year earlier [1]. - In the second quarter, the company reported a revenue growth of 27% year-on-year, reaching $299.01 million, surpassing the analyst consensus estimate of $293.54 million [2]. Stock Performance - Following the positive earnings report in the second quarter, shares of monday.com rose by 4.7%, closing at $189.59 [2]. Analyst Ratings - Wells Fargo initiated coverage with an Overweight rating and a price target of $260 for 2025 [5]. - Citigroup maintained a Buy rating and raised the price target from $326 to $332 for 2025 [5]. - Cantor Fitzgerald maintained an Overweight rating but reduced the price target from $286 to $257 for 2025 [5]. - Piper Sandler also maintained an Overweight rating, cutting the price target from $300 to $275 for 2025 [5]. - Goldman Sachs maintained a Buy rating while lowering the price target from $350 to $270 for 2025 [5].

Group 1: Company Performance - monday.com reported revenues of $299 million last quarter, exceeding analysts' expectations by 1.8% and showing a year-on-year growth of 26.6% [1] - The company added 258 enterprise customers paying more than $50,000 annually, bringing the total to 3,702 [1] - Analysts expect monday.com's revenue to grow 24.4% year on year to $312.4 million this quarter, with adjusted earnings projected at $0.88 per share [2] Group 2: Analyst Expectations - Analysts have generally reconfirmed their estimates over the last 30 days, indicating confidence in the company's performance heading into earnings [3] - monday.com has a history of exceeding Wall Street's expectations, beating revenue estimates by an average of 2.3% over the past two years [3] Group 3: Industry Context - Peers in the productivity software segment, such as Atlassian and Pegasystems, reported year-on-year revenue growth of 20.6% and 17.3% respectively, both beating analysts' expectations [4] - Investors in the productivity software segment have maintained steady positions, with monday.com shares up 2.2% over the last month, while the average analyst price target is $266.33 compared to the current share price of $189.15 [5]