Monday.com stock popped after another strong quarterly report.Shares of Monday.com (MNDY 3.48%) climbed 19.3% last month, according to data from S&P Global Market Intelligence. The workforce management software platform notched another strong quarter, and investors were impressed.Quarterly earnings were comprehensively impressiveOn May 15, Monday.com reported quarterly revenue of $217 million and adjusted earnings per share of $0.61. Both figures were well above analyst expectations, and the quarterly sales ...

Monday.com (MNDY) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The upward trend in estimate revisions for this project management software developer reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong c ...

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, ...