monday.com Stock News

monday has shown exceptional financial performance with $236M in revenue, 34% YOY growth, and a 91% gross margin in Q2. The impact of pricing adjustments on monday.com's performance has been positive, but uncertainties remain for larger and annual customers. monday competes well in the project management software space, particularly in the SMB market, but faces challenges in enterprise adoption...

Last Monday's market rout saw tech stocks, specifically AI stocks experience major selloffs as investors across the board decided to take profits from overvalued positions. In fact, for many of the companies that experienced the correction, the selloff was a long time coming.

monday.com reported another record-breaking quarter with reaching GAAP operating profit for the first time in company history. Both top and bottom-line fundamental trends seem encouraging paving the way for further upside for shares. Valuation comparison with peers suggests shares are valued higher than the average, but a Rule of 60 company deserves this premium and probably more.

Microsoft is seeing robust demand for its AI-powered offerings. Monday.com boasts high pricing power and robust financials.

monday.com defies market pessimism with impressive Q2 results, including 34% y/y revenue growth and stable net retention rates. The company also dramatically boosted its operating margins, giving it an impressive "Rule of 40" score of 50. I'm upgrading monday.com to a neutral rating, but continue to encourage caution here amid expensive valuation multiples.

Strong Growth: Monday.com reported robust growth, with Q2 revenue reaching $236.1 million, up 34% year-over-year.

Monday topped estimates and raised its guidance. The company posted its first quarter of GAAP profitability.

Shares of monday.com popped after the workplace software company topped analysts' expectations with its second-quarter results and raised its full-year guidance.