monday.com (MNDY)

• Market cap: $12.5B
• 1 day: -1.62%
• 5 days: 1.98%
• 1 month: -7.32%
• 3 months: 1.75%
• 6 months: -13.85%
• Year to date: 6.60%
• 1 year: 33.30%
• 5 years: 37.69%
• 10 years: 37.69%
• Sector: Technology
• Industry: Software - Application

About: Monday.com is a provider of work management software delivered via a cloud-based software-as-a-service, or SaaS model. The firm's solutions offer flexible and highly customizable tools to digitize business processes across countless use cases. Monday's offering supports workflow management across departments, real-time visibility and accountability, and automation capabilities. Monday also offers prepackaged CRM and DevOps management solutions, in addition to standalone survey and digital whiteboard tools. As of 2023, Monday served over 225,000 customers in more than 200 countries.

Employees: 2,508

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 105 | Existing positions closed: 70

49% more call options, than puts

Call options by funds: $505M | Put options by funds: $338M

40% more repeat investments, than reductions

Existing positions increased: 161 | Existing positions reduced: 115

8% more funds holding

Funds holding: 396 [Q3] → 428 (+32) [Q4]

2.1% more ownership

Funds ownership: 77.76% [Q3] → 79.86% (+2.1%) [Q4]

7% less funds holding in top 10

Funds holding in top 10: 15 [Q3] → 14 (-1) [Q4]

13% less capital invested

Capital invested by funds: $10.7B [Q3] → $9.37B (-$1.38B) [Q4]

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $290 18% upside
• Avg. target: $374 52% upside
• High target: $450 83% upside

14 analyst ratings

• positive: 13 93%
• neutral: 1 7%
• negative: 0 0%

DA Davidson Lucky Schreiner 30% 1-year accuracy 3 / 10 met price target	18% upside $290	Buy Maintained	14 Apr 2025
Jefferies Brent Thill 34% 1-year accuracy 26 / 77 met price target	46% upside $360	Buy Maintained	31 Mar 2025
Scotiabank Allan Verkhovski 23% 1-year accuracy 3 / 13 met price target	28% upside $315	Sector Outperform Maintained	17 Mar 2025
Tigress Financial Ivan Feinseth 46% 1-year accuracy 31 / 67 met price target	83% upside $450	Buy Maintained	21 Feb 2025
Goldman Sachs Kash Rangan 39% 1-year accuracy 11 / 28 met price target	62% upside $400	Buy Maintained	11 Feb 2025