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 ...

The project management software developer's stock has climbed by 5.29% in the past month, falling short of the Computer and Technology sector's gain of 6.52% and outpacing the S&P 500's gain of 3.53%. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model. The Zacks Industry Rank asses ...

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, ...

Beyond that, the company can expand further into new markets globally. The North American and European markets account for 80% of revenue right now. The share coming from the rest of the world could change as it expands in its less-tapped markets. Monday.com (MNDY 1.23%) has been a bit of a laggard since its June 2021 initial public offering, with its shares increasing 19% vs. the Nasdaq Composite's gain of 28% during this period. Yet, there are good reasons to expect Monday.com to keep growing for many yea ...

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 ...