Investing in the tech sector has minted many millionaires over the past decades. But with some of those companies now trading at trillion-dollar valuations, it would probably be smarter to check out the market's smaller tech companies for future millionaire-making gains.
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--monday.com (NASDAQ: MNDY), the multi-product platform that runs all core aspects of work, today announced it will report its financial results for the fourth quarter and fiscal year 2024 on Monday, February 10, 2025. monday.com management will host a conference call and webcast to discuss the results that morning at 8:30 a.m. Eastern Time. Informati...
I maintain a "buy" rating for monday.com stock with a price target of $288, despite a recent 25% stock price decline. monday.com is gaining market share in the enterprise segment, with significant growth in $50K+ and $100K+ ARR customer cohorts, amid vendor consolidation and a robust product innovation roadmap. The company's NRR stabilization and raised FY24 guidance also indicate strong financ...
The technology sector is home to some of the market's best-performing growth stocks. The tech-heavy Nasdaq Composite index has more than doubled in the last five years, but with artificial intelligence (AI) attracting lots of interest from Fortune 500 corporations, there are still attractive opportunities for long-term investors.
NEW YORK & TEL AVIV, Israel--(BUSINESS WIRE)--monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), the multi-product platform that runs all core aspects of work, today announced that it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Marketing Work Management Platforms (MWMP). This recognition marks a significant milestone for monday.com, as the only work management platform to be na...
monday.com is a versatile SaaS platform offering adaptable, low-code solutions, contrasting with rigid, less user friendly legacy providers like Salesforce and ServiceNow. Despite its high valuation, monday.com shows strong growth metrics, including a 26% CAGR in customer base and 89.65% gross margins. The company passes all factors in the Five Factor Model, with valuations acceptable provided ...
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