monday.com (MNDY)

• Market cap: $14.3B
• 1 day: 1.70%
• 5 days: 10.36%
• 1 month: 15.56%
• 3 months: 16.18%
• 6 months: -6.41%
• Year to date: 21.62%
• 1 year: 48.41%
• 5 years: 57.09%
• 10 years: 57.09%
• 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

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

• Low target: $290 3% upside
• Avg. target: $360 28% upside
• High target: $450 60% upside

15 analyst ratings

• positive: 13 87%
• neutral: 2 13%
• negative: 0 0%

UBS Taylor McGinnis 23% 1-year accuracy 3 / 13 met price target	10% upside $310	Neutral Maintained	29 Apr 2025
Piper Sandler Brent Bracelin 38% 1-year accuracy 47 / 125 met price target	9% upside $305	Overweight Maintained	23 Apr 2025
Wells Fargo Michael Berg 46% 1-year accuracy 6 / 13 met price target	10% upside $310	Overweight Maintained	22 Apr 2025
DA Davidson Lucky Schreiner 60% 1-year accuracy 6 / 10 met price target	3% upside $290	Buy Maintained	14 Apr 2025
Jefferies Brent Thill 46% 1-year accuracy 34 / 74 met price target	28% upside $360	Buy Maintained	31 Mar 2025