Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year. With a focus on tech and "the Great Energy Transition (including uranium)", Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outst ...

Monday.com (MNDY) closed the most recent trading day at $261.17, moving +0.87% from the previous trading session. The stock outperformed the S&P 500, which registered a daily loss of 0.29%. Elsewhere, the Dow saw a downswing of 0.25%, while the tech-heavy Nasdaq depreciated by 0.31%. Shares of the project management software developer witnessed a loss of 3.63% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 1.17% and the S&P 500's gain of 1.57%. Marke ...

Monday.com (MNDY) closed the most recent trading day at $258.93, moving -1.6% from the previous trading session. This change lagged the S&P 500's 0.03% gain on the day. Elsewhere, the Dow lost 0.04%, while the tech-heavy Nasdaq added 0.2%. Prior to today's trading, shares of the project management software developer had lost 2.54% over the past month. This has lagged the Computer and Technology sector's loss of 1.2% and the S&P 500's gain of 1.54% in that time. Market participants will be closely following ...

Monday.com (MNDY) , a cloud-based work management platform, has seen its stock price skyrocket 33.2% year to date, outpacing the Zacks Computer & Technology sector's rise of 17.6% and many of its tech peers. This impressive rally has caught the attention of investors and analysts alike. So, is now the time to buy Monday.com stock, or should potential investors exercise patience? MNDY provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to c ...

Monday.com (MNDY) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this project management software developer have returned +12.7%, compared to the Zacks S&P 500 composite's +3% change. During this period, the Zacks Internet - Software industry, which Monday.com falls in, has gained 8.6%. The key question now is: What could be the stock's future di ...

These stocks are up by between 60% and 124% over the last year, but they could still have plenty more room to run. Stocks can be hard to understand for some investors because their prices tend to bounce around in the short term, but successful growth investing tends to be fairly simple when taking a long-term, big-picture view. Companies that consistently grow their annual revenues at high double-digit percentage rates will ultimately earn shareholders great returns. You just have to get on board and mainta ...

The workflow software platform keeps putting up impressive growth figures. By Friday afternoon, shares of Monday.com (MNDY 0.61%) had popped around 16% for the week, according to data from S&P Global Market Intelligence. On Monday morning, the workflow software solutions provider reported strong growth numbers yet again for the second quarter, along with solid profitability. As tons of software stocks get thrown out of investor portfolios to be replaced with artificial intelligence (AI) stocks, Monday.com h ...

Hinterhaus Productions/DigitalVision via Getty Images monday.com (NASDAQ:MNDY) has been delivering exceptionally strong performances recently, both in business operations and stock performance. The company demonstrates very strong execution with a high-quality work culture. Their products are also highly competitive, especially for SMB users. However, despite these strengths, I cannot give a buy rating due to the current valuation and future uncertainties. Business Update MNDY delivered an exceptional perfo ...

Core Viewpoint - monday.com Ltd. is a leading SaaS company in the project and work management software space, demonstrating strong demand for its customizable work operating system, which has shown resilience even amid IT budget scrutiny [2][3]. Financial Performance - In Q2 2024, monday.com achieved revenues of $236 million, marking the first quarter in its history to reach a $1 billion annual revenue run rate, with a year-over-year growth of 34.4% [3]. - The company recorded a net addition of 222 enterprise accounts (customers with ARR above $50,000) in Q2, contributing significantly to its revenue growth [3][5]. - The non-GAAP operating margin increased to 16% in Q2 from 10% in the previous two quarters, attributed to decreasing sales and marketing expenses [13]. Product Development and Customer Growth - The launch of new products, monday CRM and monday dev, has driven customer adoption, with monday CRM surpassing 20,000 customers (150% growth YOY) and monday dev growing by approximately 250% YOY to 2,719 accounts [9][7]. - The continuous improvement of monday's data infrastructure, mondayDB 2.0, has enhanced scalability, allowing customers to manage boards with up to 100,000 items, a tenfold improvement from the previous version [5]. Market Position and Competitive Landscape - monday.com is the only company among its major competitors (Atlassian, Asana, Smartsheet) to have re-accelerated revenue growth after a prolonged slowdown, indicating strong fundamental momentum [12]. - The company’s Apps Marketplace has grown to 534 apps, with 358 monetized, reflecting a growing monetization rate [10]. Future Outlook - Management has guided for a free cash flow margin of 28-29% for FY24, alongside a revenue growth forecast of 31-32%, suggesting potential for the company to close 2024 as a Rule of 60 company [13]. - The company is expected to reach the $1 billion revenue milestone possibly in 2024, supported by ongoing product enhancements and market opportunities [12][18].

monday.com (MNDY) reported second-quarter 2024 non-GAAP earnings per share of 94 cents, which increased 129.2% from the year-ago quarter and beat the Zacks Consensus Estimate by 74.07%. The company's net revenues of $236.11 million rose 34% year over year and beat the Zacks Consensus Estimate by 3.57%. Quarter Details In the second quarter, MNDY had 1,009 customers with an annual run rate (ARR) of $100,000 or more, which increased 49% year over year. The net dollar retention rate for these customers was 114 ...