Profile
Sector:
TechnologyIndustry:
Software ApplicationCountry:
IsraelIPO:
10 June 2021Website:
http://www.monday.comNext earnings report:
12 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 00:56:57 GMTDividend
Analysts recommendations
Institutional Ownership
MNDY Latest News
Fueled by the boom of business travel, TravelPerk appoints a new Chair of its Audit Committee to strengthen its current Board, further enhance governance and support TravelPerk's ambitious growth trajectory As monday.com CFO, Glazer brings a wealth of SaaS and SMB expertise as he has steered them through a dynamic environment and rapid growth TravelPerk has grown rapidly over the past year with over 50% revenue growth and a Gross Margin surpassing 70% driven by AI and automation and accelerated US expansion BARCELONA, Spain, Nov. 19, 2024 (GLOBE NEWSWIRE) -- TravelPerk, the hyper-growth business travel management platform, today announced a significant appointment to its Board of Directors: Eliran Glazer, current CFO at monday.com [NASDAQ: MNDY]. Glazer is a well-regarded financial leader who brings a wealth of knowledge and business acumen from decades of experience scaling hyper-growth technology companies including monday.com, Nex and Traiana.
Monday.com (MNDY) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
monday.com Ltd.'s strong Q3 2025 performance, with 33% YoY revenue growth and positive FCF, justifies upgrading my rating from Hold to Buy. Despite a slight slowdown in smaller customer additions, larger customer segments showed impressive ARR growth rates of 40% and 44%. MNDY's financial health, with strong cash reserves and minimal debt, positions it well for potential M&A and protects downside risks.
Despite a strong Q3 beat and raise, monday.com stock dropped over 15% due to valuation concerns and management changes, signaling potential instability. The company is executing a planned ~30% boost in headcount, which has drastically slowed margin expansion. It's expecting margins to worsen in Q4 as well. The sharp post-earnings selloff despite the strong top-line metrics is a signal of an overpriced stock that needs to unwind its valuation.
Monday.com's NASDAQ: MNDY guidance is tepid relative to the consensus outlook, but no reason to sell the stock and certainly no reason for the market to drop 10%. As tepid as the guidance may be, it is still a strong guide for the business, and it is likely to be cautious, given the trends.
Monday.com (MNDY) shares plunged 18% Monday after the workforce management software maker's operating loss soared and its operating margin tumbled, and it shook up its executive suite.
Monday.com (MNDY) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.64 per share a year ago.
monday.com Ltd. MNDY will release earnings results for its third quarter, before the opening bell on Monday, Nov. 11.
monday.com Ltd. (NASDAQ:MNDY ) Q3 2024 Earnings Conference Call November 11, 2024 8:30 AM ET Company Participants Byron Stephen - VP, IR Roy Mann - Co-CEO Eran Zinman - Co-CEO Eliran Glazer - CFO Conference Call Participants Gili Naftalovich - Goldman Sachs Pinjalim Bora - JPMorgan Brent Bracelin - Piper Sandler Ryan MacWilliams - Barclays Brent Thill - Jefferies Jackson Ader - KeyBanc Capital Markets Aleksandr Zukin - Wolfe Research Arjun Bhatia - William Blair Michael Berg - Wells Fargo Michael Funk - Bank of America Derrick Wood - TD Cowen DJ Hynes - Canaccord Genuity Steven Enders - Citibank Scott Berg - Needham & Company Taylor McGinnis - UBS Ittai Kidron - Oppenheimer Operator Good day.
Monday.com stock price has staged a strong recovery and surged to its highest level since November 2021 ahead of its quarterly earnings this week. MNDY surged to a high of $325 on Friday, up by over 335% from its lowest level in 2022.
What type of business is monday?
monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally. The company provides Work OS, a cloud-based visual work operating system that consists of modular building blocks used and assembled to create software applications and work management tools. Its products include monday work management that manages workflows, projects, and portfolios for team collaboration and productivity; monday sales CRM, whcih tracks and manages various sales cycle; monday dev that builds agile product and software development workflows; WorkCanvas, a digital whiteboard; and WorkForms, which allows users to create personalized forms or surveys and gain organizational insights. It serves organizations, educational or government institution, and distinct business unit of an organization. The company was formerly known as DaPulse Labs Ltd. and changed its name to monday.com Ltd. in December 2017. monday.com Ltd. was incorporated in 2012 and is headquartered in Tel Aviv, Israel.
What sector is monday in?
monday is in the Technology sector
What industry is monday in?
monday is in the Software Application industry
What country is monday from?
monday is headquartered in Israel
When did monday go public?
monday initial public offering (IPO) was on 10 June 2021
What is monday website?
https://www.monday.com
Is monday in the S&P 500?
No, monday is not included in the S&P 500 index
Is monday in the NASDAQ 100?
No, monday is not included in the NASDAQ 100 index
Is monday in the Dow Jones?
No, monday is not included in the Dow Jones index
When was monday the previous earnings report?
No data
When does monday earnings report?
The next expected earnings date for monday is 12 February 2025