Monday.com (MNDY) soars 20% as strong growth drives Q1 revenue beat

Go back to Monday.com (MNDY) soars 20% as strong growth drives Q1 revenue beat

monday.com Ltd. (MNDY) PT Raised to $240 at UBS

May 16, 2024 4:53 AM EDT

UBS analyst Taylor McGinnis raised the price target on monday.com Ltd. (NASDAQ: MNDY) to $240.00 (from $220.00) while maintaining a Neutral rating.

The analyst comments "Following a pullback in MNDY shares and elevated SMB investor fears, MNDY posted a solid 3% revs beat (in-line with the avg quarterly beat ), stable DBNR of 110% despite expectations for a Q/Q decel,... More

monday.com Ltd. (MNDY) PT Raised to $230 at DA Davidson

May 15, 2024 4:03 PM EDT

DA Davidson analyst Gil Luria raised the price target on monday.com Ltd. (NASDAQ: MNDY) to $230.00 (from $190.00) while maintaining a Neutral rating.

The analyst comments "We maintain our NEUTRAL rating and raise our price target from $190 to $230 on Monday.com following strong... More

monday.com Ltd. (MNDY) PT Raised to $250 at Needham

May 15, 2024 12:30 PM EDT

Needham analyst Scott Berg raised the price target on monday.com Ltd. (NASDAQ: MNDY) to $250.00 (from $230.00) while maintaining a Buy rating.

The analyst comments "We maintain our Buy rating and raise our price target after Monday.com reported exceptional 1Q financial results... More

monday.com Ltd. (MNDY) Tops Q1 EPS by 21c ; Offers Guidance

May 15, 2024 7:02 AM EDT

monday.com Ltd. (NASDAQ: MNDY) reported Q1 EPS of $0.61, $0.21 better than the analyst estimate of $0.40. Revenue for the quarter came in at $216.9 million versus the consensus estimate of $210.64 million.

GUIDANCE:

monday.com Ltd. sees Q2 2024 revenue of $226-230 million,... More