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NASDAQ:MNDY

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

$241.08
-8.04 (-3.23%)
(As of 09/6/2024 ET)
Today's Range
$240.65
$252.56
50-Day Range
$202.41
$270.00
52-Week Range
$122.13
$272.77
Volume
311,899 shs
Average Volume
767,588 shs
Market Capitalization
$11.64 billion
P/E Ratio
634.44
Dividend Yield
N/A
Price Target
$285.79

monday.com MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.76 Rating Score
Upside/​Downside
18.5% Upside
$285.79 Price Target
Short Interest
Healthy
5.74% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.08mentions of monday.com in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
51.02%
From $0.49 to $0.74 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.75 out of 5 stars

Computer And Technology Sector

220th out of 594 stocks

Prepackaged Software Industry

68th out of 202 stocks

MNDY stock logo

About monday.com Stock (NASDAQ:MNDY)

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.

MNDY Stock Price History

MNDY Stock News Headlines

Selective focus of two multicultural programmers working together in office - stock image
Monday.com's Stock Results Will Brighten Any Investor's Week
Monday.com had another robust quarter, raising guidance that it will likely exceed. Analysts are leading this market to a fresh multi-year high.
Analysts Set monday.com Ltd. (NASDAQ:MNDY) Price Target at $285.79
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Why Monday.com Stock Popped This Week
See More Headlines
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Company Calendar

Last Earnings
8/12/2024
Today
9/07/2024
Next Earnings (Estimated)
11/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:MNDY
Fax
N/A
Employees
1,168
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$285.79
High Stock Price Target
$340.00
Low Stock Price Target
$230.00
Potential Upside/Downside
+18.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.76
Research Coverage
21 Analysts

Profitability

Net Income
$-1,880,000.00
Pretax Margin
5.35%

Debt

Sales & Book Value

Annual Sales
$844.78 million
Cash Flow
$0.13 per share
Book Value
$18.85 per share

Miscellaneous

Free Float
37,512,000
Market Cap
$11.64 billion
Optionable
Optionable
Beta
1.32
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Key Executives

  • Mr. Eran Zinman (Age 40)
    Co-Founder, Co-CEO & Director
    Comp: $330k
  • Mr. Roy Mann (Age 44)
    Co-Founder, Co-CEO & Director
    Comp: $339k
  • Mr. Eliran Glazer (Age 53)
    Chief Financial Officer
    Comp: $331k
  • Mr. Daniel Lereya (Age 39)
    Chief Product & Technology Officer
    Comp: $293k
  • Mr. Yoni Osherov (Age 46)
    Chief Revenue Officer
    Comp: $342k
  • Mr. Ouriel Weisz
    Vice President of Operations
  • Mr. Byron Stephen
    Director of Investor Relations
  • Ms. Shiran Nawi (Age 40)
    Chief People & Legal Officer
  • Mr. Jamison Powell
    GM of North America & Senior VP of Sales

MNDY Stock Analysis - Frequently Asked Questions

How have MNDY shares performed this year?

monday.com's stock was trading at $187.81 at the beginning of 2024. Since then, MNDY stock has increased by 28.4% and is now trading at $241.08.
View the best growth stocks for 2024 here
.

How were monday.com's earnings last quarter?

monday.com Ltd. (NASDAQ:MNDY) issued its quarterly earnings data on Monday, August, 12th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.23. The business had revenue of $236.11 million for the quarter, compared to analyst estimates of $227.96 million. monday.com had a trailing twelve-month return on equity of 4.74% and a net margin of 4.88%.

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 shareholders include Sonnipe Ltd (8.13%), Renaissance Technologies LLC (2.33%), 1832 Asset Management L.P. (1.38%) and Eminence Capital LP (0.98%).

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.

This page (NASDAQ:MNDY) was last updated on 9/7/2024 by MarketBeat.com Staff

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