Monday.com (MNDY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a changin ...

Monday.com (MNDY) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this project management software developer have returned +27.1% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Internet - Software industry, to which Monday.com belongs, has gained 3.4% over this period. Now the key question is: Where could the stock be hea ...

The small software company has been riding some momentum, but it still has much to prove.Monday.com's (MNDY 2.07%) share price has been incredibly volatile since its summer 2021 IPO. However, the the software company's price bottomed out in late 2022, and over the last 12-month stretch, solid business progress has had the stock continuously on the rise, with shareholders enjoying a more than 50% rally. Management is touting new products for its small enterprise platform, and it's making progress toward prof ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Monday.com (MNDY) .Monday.com currently has an average brokerage recommendation (ABR) of 1.47, ...

Is Monday.com's stock jump a sign of future growth? Let's take a look.Shares of Monday.com (MNDY 5.25%) are soaring right now. The stock has gained 53% in a week, including a 21% jump on Wednesday, May 15.The maker of cloud-based project-management and collaboration tools isn't exactly soaring at all-time highs, though. The inflation-based flight from high-flying growth stocks was tough for Monday.com investors, and the stock fell 60% in 2022. It has nearly doubled from that point, but it's a long way back ...

The workplace management platform put up more solid growth in the first quarter. Shares of Monday.com (MNDY 0.19%) were soaring over 25% this week, according to data from S&P Global Market Intelligence. The low-code workplace management software platform posted strong revenue growth yet again in the first quarter of 2024, impressing Wall Street. The stock is now up 22% this year but still off 50% from all-time highs. Here is why Monday.com stock was up this week. Strong growth, healthy cash flow Monday.com' ...

Monday.com exceeded management's earnings and revenue expectations for Q1 2024, showcasing impressive revenue growth and product adoption. Monday.com (MNDY 21.37%), a cloud-based work operating system, released its Q1 2024 earnings on May 15, 2024. The company reported revenue of $216.9 million, outperforming management's guidance range by $5.9 million. Non-GAAP operating income was $21.5 million, exceeding the top end of the expected range by $9.5 million. Free cash flow reached $89.9 million, far surpassi ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

财务数据和关键指标变化 - 第一季度总收入为2.169亿美元,同比增长34% [1][2] - 整体净收入保持稳定,在110%左右 [2][3] - 毛利率为90%,预计中长期将保持在高80%区间 [3] - 研发费用占收入16%,销售和营销费用占收入56%,管理费用占收入8% [3] - 净利润为3170万美元,每股摊薄收益为0.61美元 [3] - 现金及等价物达12.2亿美元,自由现金流为8990万美元,自由现金流率为41% [3] 各条业务线数据和关键指标变化 - CRM和开发工具产品的账户增长加速,受到客户的积极反馈 [3][4] - 公司计划在2024年底推出新的服务产品,客户反馈积极 [8][9] - 公司持续投资于AI功能,推出了AI助手、自动化、智能列等新功能,受到客户欢迎 [6][7] 各个市场数据和关键指标变化 - 中小企业市场表现依然强劲,占总收入约45% [10][11] - 公司在中小企业市场持续投入营销,保持领先地位 [10][11] - 公司正在向中大型企业市场扩展,取得一些大客户,但中小企业仍是重点 [12][13] 公司战略和发展方向及行业竞争 - 公司致力于成为企业工作平台的首选,持续投资产品创新和功能升级 [1][2] - 公司正在加强渠道和合作伙伴,拓展销售触角,提升企业客户的覆盖 [12][13] - 公司在中小企业市场保持领先,在中大型企业市场正在追赶,整体竞争态势良好 [10][11][12] 管理层对经营环境和未来前景的评论 - 管理层认为宏观经济环境仍将保持波动,但公司业务保持良好势头 [14][15] - 公司对2024财年的收入和利润增长目标保持乐观,并提高了指引 [3][14] - 管理层对公司的定价策略、产品创新和渠道拓展等方面表示信心 [2][4][12] 问答环节重要的提问和回答 问题1 **Pinjalim Bora 提问** CRM和开发工具产品的强劲增长是否主要来自于中小企业客户,还是也有大客户的贡献 [3][4] **Eran Zinman 回答** CRM和开发工具产品目前主要来自中小企业客户,但公司也在努力向大客户拓展,希望未来能够获得更多大客户的采用 [3][4] 问题2 **Brent Bracelin 提问** 公司毛利率和客户保留率的改善是什么原因驱动的 [5][6] **Eliran Glazer 回答** 主要有三个原因:1)公司正在向大客户市场扩展,客户质量更好;2)价格调整后,一些不愿意付费的客户流失,留下的客户质量更高;3)新产品如CRM和开发工具的推出,提升了客户粘性 [5][6] 问题3 **Jackson Ader 提问** 销售和营销费用增长放缓的原因,是否与竞争对手动态有关 [10] **Roy Mann 回答** 公司一直在第一季度加大营销投入,本季度也有所收敛,同时也感受到一些竞争对手的动态变化,但公司没有过度追逐 [10]

Customers are paying more, and cash flow is rising fast.Shares of work management software company Monday.com (MNDY 18.64%) soared higher on Wednesday after the Israeli company reported financial results for the first quarter of 2024. As of 9:45 a.m. ET, Monday.com stock was up 22%.Higher prices lead to higher cash flowIn Q1, Monday.com reported revenue of $217 million, up an impressive 34% year over year and ahead of the high end of management's revenue guidance of $211 million. And its Q1 outperformance m ...