Professional
Added to YB: 2024-07-31
Pitch date: 2024-07-16
MNDY [bullish]
monday.com Ltd.
+23.12%
current return
Author Info
Optimist Fund is a concentrated, global growth-oriented value investment partnership Follow on Twitter/X.
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
$15.0B
Pitch Price
$233.14
Price Target
1.2K (+315%)
Dividend
N/A
Sector
Software
Category
growth
Optimist Fund Portfolio Holding: monday.com Ltd.
MNDY: Leader in collab work mgmt software, expanding to CRM & service mgmt. Founders own 15%. 1B+ TAM, <50M users. Strong unit economics: 2yr CAC payback, growing cohorts. 30% FCF margin at 30%+ rev growth. $1180 5yr PT (40% IRR). 23x 2025 FCF, 35%/37% rev/FCF growth. Risks: competition, market saturation.
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