|Over a week ago|
Monday.com price target raised to $450 from $410 at Cowen » 08:1511/1111/11/21
Cowen analyst J. Derrick…
Cowen analyst J. Derrick Wood raised the firm's price target on Monday.com to $450 from $410 and keeps an Outperform rating on the shares. The analyst said the weakness in the shares is a buying opportunity and its results showed Enterprise metrics saw meaningful inflection as its up-market motions are paying off alongside growing market awareness/demand for its no-code Work OS platform.
Monday.com price target raised to $420 from $350 at Needham » 07:3211/1111/11/21
Needham analyst Scott…
Needham analyst Scott Berg raised the firm's price target on Monday.com to $420 from $350 and keeps a Buy rating on the shares. The company's Q3 results were "stellar" as revenue growth accelerated to 95% thanks to its success with selling up market and landing with larger deals, the analyst tells investors in a research note. Berg adds that Monday.com's net revenue retention also accelerated to 130%, suggesting a product message and ROI that continues to resonate well.
Monday.com price target raised to $430 from $350 at Canaccord » 07:1011/1111/11/21
Canaccord analyst David…
Canaccord analyst David Hynes raised the firm's price target on Monday.com to $430 from $350 and keeps a Buy rating on the shares. The analyst said there's some conservatism embedded in his estimates and its premium is supported by growth, so he thinks this is a stock that growth investors should continue to own and the pullback provides good opportunity to get involved in a business that's clearly executing well.
Monday.com price target raised to $400 from $340 at Jefferies » 15:5111/1011/10/21
Jefferies analyst Brent…
Jefferies analyst Brent Thill raised the firm's price target on Monday.com to $400 from $340 as he raised his FY21 estimates after the company delivered "another" beat and raise quarterly report. The analyst admits his new FY22 estimate of 39% growth "looks conservative," and that he is "enthusiastic on fundamentals," but he keeps a Hold rating on valuation.
Monday.com sees FY21 revenue $300M-$301M, consensus $282.19M » 07:1111/1011/10/21
Sees FY21 Non-GAAP…
Sees FY21 Non-GAAP operating loss of $65M to $64M and negative operating margin of 22% to 21%.
Monday.com sees Q4 revenue $87M-$88M, consensus $77.15M » 07:0911/1011/10/21
Sees Q4 non-GAAP…
Sees Q4 non-GAAP operating loss of $23M to $22M.
Monday.com reports Q EPS (26c), consensus (6c) » 07:0711/1011/10/21
Reports Q3 revenue $83M,…
Reports Q3 revenue $83M, consensus $74.68M. "We achieved another strong quarter of top-line growth driven by the continued rapid adoption of our Work OS by new customers along with expansion within our existing customer base," said monday.com founder and co-CEO, Roy Mann. "Third quarter performance demonstrates that our platform's unique low-code no-code technology is enabling more organizations to achieve their business goals by accelerating digitization and creating a unified workspace." said monday.com founder and co-CEO, Eran Zinman. "In the third quarter we drove strong revenue growth and financial results, and we are also very pleased with our continued upmarket momentum," said Eliran Glazer, monday.com CFO. "As Enterprise customers adopt our Work OS and realize its value, their usage quickly expands across use cases and departments."
|Over a month ago|
Monday.com initiated with a Buy at Tigress Financial » 11:0410/2810/28/21
Tigress Financial analyst…
Tigress Financial analyst Ivan Feinseth initiated coverage of Monday.com with a Buy rating and $432 price target. The company's unique, "industry-leading" low-code/no-code business management platform, Work OS, continues to see growing demand, said Feinseth. The company also continues its ongoing innovation and integration of new features, which he said will continue to drive new client acquisitions.
Jefferies software/Internet analyst to hold analyst/industry conference call » 10:5610/2010/20/21
Software & Internet…
Software & Internet Analyst Thill, along with a Monday.com customer, Yoav Banai, VP of Customer Engagement at Deezer on an Analyst/Industry conference call to be held on October 20 at 12 pm.
Monday.com price target raised to $350 from $330 at Canaccord » 07:3110/0610/06/21
Canaccord analyst David…
Canaccord analyst David Hynes raised the firm's price target on Monday.com to $350 from $330 and keeps a Buy rating on the shares. The analyst said his thesis has been that the CWM/WorkOS category is going to create several large businesses and, if that's right, it makes sense at this point to own the fastest growing and the relative value names in the space of which Monday.com is.