LONDON & 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 the appointment of Pierre Berlin as General Manager (GM) of Europe, the Middle East, and Africa (EMEA). This new role is part of monday.com's hybrid regional structure, which empowers individual markets while providing a strong...
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 first quarter of 2024 on Wednesday, May 15, 2024. monday.com management will host a conference call and webcast to discuss the results that morning at 8:30 a.m. Eastern Time. Information about monday....
Israeli company MNDY provides a cloud-based no-code/low-code platform for team project management and CRM. MNDY's share performance has been underwhelming since going public in 2021, but it has regained upward momentum. Fundamentals are decent. MNDY remains a top player in the no-code / low-code space, in my view, with very attractive risk-reward.
Valuation implies a 1-year price target of $277/share, 29% upside from current levels. Management guidance predicts 27.3% revenue growth in FY24 and mid-20s FCF margins in the medium term.
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