monday.com Ltd. (MNDY) PT Raised to $285 at FBN Securities

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William Blair Reiterates Outperform Rating on monday.com Ltd. (MNDY)

August 13, 2024 7:00 AM EDT

William Blair analyst Bhavan Suri reiterated an Outperform rating on monday.com Ltd. (NASDAQ: MNDY).

The analyst comments "Monday reported strong second-quarter results that outperformed consensus on all key metrics. In our view, highlights from the quarter included top-line growth of 34%, which beat the Street by nearly 400 basis points (and was a reacceleration from first-quarter growth levels), and the companys largest-ever expansion deal, which included 80,000 seats (a large increase from its prior largest customer of 25,000 seats). Despite the variable macro... More

monday.com Ltd. (MNDY) PT Raised to $300 at JPMorgan

August 12, 2024 4:45 PM EDT

JPMorgan analyst Pinjalim Bora raised the price target on monday.com Ltd. (NASDAQ: MNDY) to $300.00 (from $270.00) while maintaining a Overweight rating.

The analyst comments "Monday.com reported a resilient quarter in a choppy macro backdrop, with all key metrics landing ahead of consensus, mirroring our optimistic view heading into earnings. Revenue growth of 34%, which was consistent vs. last quarter, was coupled with record PF operating margin of 16% and FCF margin of 22%, in addition to reporting a break-even GAAP... More

monday.com Ltd. (MNDY) PT Raised to $340 at Goldman Sachs

August 12, 2024 4:26 PM EDT

Goldman Sachs analyst Kash Rangan raised the price target on monday.com Ltd. (NASDAQ: MNDY) to $340.00 (from $300.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating and raise our PT to $340 (from $300 prior) after Monday.coms (+12%) 2Q24 results maintained its beat-and-raise cadence across all metrics. We see investors... More