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