Added to YB: 2024-05-16
Pitch date: 2024-04-16
MNDY [bullish]
monday.com Ltd.
-16.49%
current return
Author Info
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Company Info
monday.com Ltd., together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, the United Kingdom, and internationally.
Market Cap
$8.3B
Pitch Price
$187.92
Price Target
250.00 (+59%)
Dividend
N/A
EV/EBITDA
145.69
P/E
132.12
EV/Sales
5.77
Sector
Software
Category
growth
Show full summary:
Needham Raises monday.com Price Target Citing Strong Q1 and Upmarket Adoption
MNDY: Needham raises PT to $250 on strong Q1 - $100k+ ARR +30% YoY, record CRM & DEV adds drive ARPA growth. 41% Q1 FCF margin, FY24 guidance raised to 25%. Pricing lift & +29% billings support 29% FY24 revenue guide. Continued upmarket adoption & SMB expansion.
Read full article (1 min)