Monday.com (MNDY) has recently caught the attention of Zacks.com users. Therefore, it's important to look into what the future holds for this stock.
Monday.com, listed on NASDAQ as MNDY, has the potential to reach new record highs this year by leveraging AI and business automation, similar to other successful tech companies. It is expanding its user base and increasing the use of its services, particularly among some of the largest companies in the world.
We have just put together a list of the 10 companies that started the trading week with strong gains. In this article, we will examine how monday.com Ltd. (NASDAQ:MNDY) compares to other stocks. The stock market began the week positively, with all major indices showing increases as investors...
I'm hopeful about monday.com reaching its $1 billion annual recurring revenue goal and its chances of attracting institutional investors. The fact that the company has no debt and a solid cash reserve makes me feel more secure during tough market times. I'm also watching how MNDY can sustain its nearly 30% compound annual growth rate, even with worries about slowing growth.
MNDY's results for the fourth quarter of 2024 are boosted by strong customer demand for its products.
On February 10, 2025, Monday.com (MNDY 31.54%), a leading company that offers cloud-based work operating systems, revealed its earnings for the fourth quarter of 2024.
Monday.com stocks were set to hit their highest point since 2021 after their earnings exceeded predictions.
Monday.com (MNDY) reported quarterly earnings of $1.08 per share, which is higher than the Zacks Consensus Estimate of $0.78 per share. This is an increase compared to earnings of $0.65 per share from the same period last year.
monday.com Ltd. (NASDAQ:MNDY) will hold its Q4 2024 Earnings Conference Call on February 10, 2025, at 8:30 AM ET. The call will feature company representatives including Byron Stephen, Roy Mann, Eran Zinman, and Eliran Glazer. Analysts from various firms such as JP Morgan, Goldman Sachs, and Citi will also participate in the discussion.
On Monday morning, shares of Monday.com (MNDY 30.07%) rose significantly after a positive earnings report. By 10:40 a.m. ET, the stock had increased by 35.2% compared to its closing price last Friday.