Stock Price & Analysis

Based on the recent data and analyst sentiment, MNDY appears to be in a favorable position for a buy recommendation. Here's the analysis:

Technical Analysis

• Current price at $242.05 shows positive momentum with a 0.6% gain in the latest session
• RSI at 49.93 indicates neutral territory, suggesting room for upward movement
• Price is trading above its 20-day SMA of $231.47, indicating short-term bullish trend

Recent Analyst Actions

• Citigroup upgraded MNDY to Strong Buy from Hold on January 16, 2025, with a price target of $298 (23.85% upside)
• Scotiabank maintained Buy rating with $300 target (24.68% upside)
• Piper Sandler maintains Buy rating with $345 target (45.57% upside)
• Loop Capital maintains Strong Buy with $300 target (29.39% upside)

Fundamental Strengths

• Strong revenue growth with 33% year-over-year increase
• Healthy gross margins at 90%
• Solid customer retention with net retention rate improving to 111%
• Significant AI feature adoption with 150% usage increase between Q2-Q3

Growth Catalysts

• Expanding enterprise customer base growing 40% YoY
• Strong AI implementation and adoption
• Continuous product innovation and feature releases
• Robust partner ecosystem driving sales

Risk Factors

• High valuation multiples compared to industry average
• Potential slowdown in enterprise customer growth
• Competition in workflow management space
• Market sensitivity to tech sector sentiment

Based on the strong analyst upgrades, improving fundamentals, and positive technical setup, MNDY presents a buying opportunity at current levels. The recent Citigroup upgrade and multiple price targets above $300 suggest significant upside potential.

Based on the provided data and recent market analysis, here is the price prediction for MNDY stock in 2025:

Monday.com (MNDY) is expected to reach $298 by end of 2025, driven by strong revenue growth projections of 28.91% year-over-year and improving profitability metrics as indicated by recent analyst upgrades. The stock's technical indicators showing RSI at 49.93 and MACD at -8.57 suggest a neutral-to-bullish setup for long-term price appreciation. However, the high forward P/E ratio of 68.96 compared to industry average of 29.68 presents some valuation risks that could limit upside potential.

The S1 support level for MNDY Stock is $217.03 ,The R1 resistant level for MNDY Stock is $252.19.

As of the end of day on 2025-01-24, the price of MNDY Stock was $247.96.

The target price for MNDY Stock according to analyst rating is 322.63, with the highest price target at 350.00 and the lowest at 270.00. Analysts have a Moderate Buy rating on MNDY Stock overall.

The market cap of MNDY is $12.4B.

Based on the provided data and recent analyst reports, here's a concise analysis of MNDY's valuation:

Current Valuation Assessment: MNDY is trading at a premium valuation with a forward P/E of 68.96x, which is significantly higher than its industry average of 29.68x. However, several factors justify this premium:

Growth & Profitability:

• Revenue growth remains strong at 33% year-over-year
• Impressive gross margins at 89.65%
• Rule of 66 achievement (33% free cash flow margin + 33% revenue growth)

Recent Price Movement: The stock currently trades at $242.05, showing resilience despite recent market volatility. Recent analyst actions suggest confidence in the company's prospects, with Citigroup upgrading to Strong Buy with a $298 price target on January 16, 2025.

Key Concerns:

• Operating margins declined from -1% to -11%
• SG&A increased 22% in recent quarter
• Planned headcount increase of mid-30% in fiscal 2024 could pressure margins

Final Verdict: While MNDY appears overvalued by traditional metrics, its strong growth trajectory, high margins, and expanding market opportunities suggest the premium valuation is justified. The company's $100B TAM growing at 14% annually provides significant runway for continued expansion.

Monday.Com Ltd is an Israel-based software publisher. The Company provides operational system monday.com Work OS which is an open platform that democratizes the power of software so organizations can easily build software applications and work management tools to fit their every need. The platform intuitively connects people to processes and systems, empowering teams to excel in every aspect of their work. monday.com has teams in Tel Aviv, New York, San Francisco, Miami, Chicago, London, Kiev, and Sydney. The Company customize its platform to suit any business vertical and serves customers worldwide.

Based on the provided data and market analysis, here's a price prediction for MNDY stock by 2030:

MNDY is projected to reach approximately $450-500 by 2030, driven by its strong position in the enterprise software market and consistent revenue growth trajectory. The company's robust 90% gross margins, successful expansion into larger enterprise clients, and continued product innovation in AI capabilities support this growth outlook. However, this projection assumes the company maintains its current 30-35% annual revenue growth rate while managing its operating expenses effectively.

MNDY has a total of 1854 employees.