monday.com (MNDY) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $213.70 to $246.00
• 50-Day Range: $224.69 to $324.31
• 52-Week Range: $170.00 to $324.99
• Volume: 2.22 million shs
• Average Volume: 721,475 shs
• Market Capitalization: $11.71 billion
• P/E Ratio: 591.44
• Dividend Yield: N/A
• Price Target: $309.62
• Consensus Rating: Moderate Buy

monday.com Stock Analysis - MarketRank™

monday.com scored higher than 85% of companies evaluated by MarketBeat, and ranked 146th out of 653 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

monday.com has received a consensus rating of Moderate Buy. The company's average rating score is 2.78, and is based on 16 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

monday.com has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 17.65%

Earnings Growth

Earnings for monday.com are expected to grow by 17.65% in the coming year, from $0.85 to $1.00 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of monday.com is 591.44, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of monday.com is 591.44, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 238.11.

Price to Earnings Growth Ratio

monday.com has a PEG Ratio of 7.61. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

monday.com has a P/B Ratio of 14.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

7.14% of the float of monday.com has been sold short.

Short Interest Ratio / Days to Cover

monday.com has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in monday.com has recently decreased by 7.51%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

monday.com does not currently pay a dividend.

Dividend Growth

monday.com does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.14% of the float of monday.com has been sold short.

Short Interest Ratio / Days to Cover

monday.com has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in monday.com has recently decreased by 7.51%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.72

News Sentiment

monday.com has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for monday.com this week, compared to 9 articles on an average week.

Search Interest

83 people have searched for MNDY on MarketBeat in the last 30 days. This is an increase of 93% compared to the previous 30 days.

MarketBeat Follows

Only 9 people have added monday.com to their MarketBeat watchlist in the last 30 days. This is a decrease of -47% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, monday.com insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.30% of the stock of monday.com is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

73.70% of the stock of monday.com is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

MNDY Stock Analysis - Frequently Asked Questions

How have MNDY shares performed this year?

monday.com's stock was trading at $187.81 on January 1st, 2024. Since then, MNDY shares have increased by 29.1% and is now trading at $242.49.
View the best growth stocks for 2024 here.

How were monday.com's earnings last quarter?

monday.com Ltd. (NASDAQ:MNDY) issued its earnings results on Monday, November, 11th. The company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.24. The firm's quarterly revenue was up 49.5% compared to the same quarter last year.

When did monday.com IPO?

monday.com (MNDY) raised $490 million in an initial public offering on Thursday, June 10th 2021. The company issued 3,700,000 shares at a price of $125.00-$140.00 per share. Goldman Sachs, J.P. Morgan, Allen & Co. and Jefferies acted as the underwriters for the IPO and William Blair, Piper Sandler, Oppenheimer & Co., Canaccord Genuity, Cowen, Needham & Co., Academy Securities, Loop Capital Markets, Ramirez & Co., Siebert Williams Shank and Tigress Financial Partners were co-managers.

Who are monday.com's major shareholders?

monday.com's top institutional investors include WCM Investment Management LLC (8.69%), Franklin Resources Inc. (3.88%), FMR LLC (3.13%) and Jennison Associates LLC (1.51%).

How do I buy shares of monday.com?

Shares of MNDY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of monday.com own?

Based on aggregate information from My MarketBeat watchlists, some other companies that monday.com investors own include NVIDIA (NVDA), CrowdStrike (CRWD), Broadcom (AVGO), Meta Platforms (META), Invesco QQQ (QQQ), Arista Networks (ANET) and Adobe (ADBE).

Company Calendar

• Last Earnings: 11/11/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:MNDY
• CUSIP: N/A
• CIK: 1845338
• Web: monday.com
• Phone: 972-55-939-7720
• Fax: N/A
• Employees: 1,168
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $309.62
• High Stock Price Target: $350.00
• Low Stock Price Target: $230.00
• Potential Upside/Downside: +27.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.78
• Research Coverage: 23 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.41
• Trailing P/E Ratio: 591.44
• Forward P/E Ratio: 285.28
• P/E Growth: 7.61
• Net Income: $-1,880,000.00
• Net Margins: 2.39%
• Pretax Margin: 2.62%
• Return on Equity: 4.99%
• Return on Assets: 3.10%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.67
• Quick Ratio: 2.67

Sales & Book Value

• Annual Sales: $729.70 million
• Price / Sales: 16.04
• Cash Flow: $0.13 per share
• Price / Cash Flow: 1,844.89
• Book Value: $16.85 per share
• Price / Book: 14.39

Miscellaneous

• Outstanding Shares: 48,280,000
• Free Float: 37,512,000
• Market Cap: $11.71 billion
• Optionable: Optionable
• Beta: 1.25