Monday.com eyes record gain on strong Q4 results, outlook
10/02/2025 18:28
(Updates with analyst action, commentary)
** U.S.-listed shares of Israeli software co Monday.com MNDY.O
up 31.5% to $339.63 on Mon after qtrly results, outlook please
** MNDY shares set for biggest daily pct ever, and hit
highest levels since Dec 2021
** Work-management firm early Mon posted Q4 rev of $268 mln, up
32% y/r, and adj EPS of $1.08 vs 65 cents/sh profit a yr ago.
Analysts on avg had called for rev of $261.4 mln and adj EPS of
79 cents, per LSEG data
** For current qtr, it expects rev of $274-$276 mln, up
26%-27% y/y, and for 2025 anticipates rev to grow 24%-26% to
$1.208-$1.221 bln. That compares to consensus views of $274.3
mln and $1.21 bln, respectively
** It also announced its platform called AI Vision and full
release of its enterprise service management AI product offering
** Oppenheimer, which rates MNDY 'outperform', raises its PT
from $325 to $380
** Co delivered strong Q4 results and encouraging view into
2025, Oppenheimer says in note, adding that AI is also an upside
driver not included in guidance
** Of 25 analysts covering MNDY, recommendation breakdown is
21 "strong buy" or "buy", rest "hold" and median PT is $310 -
LSEG
** With move on the session, stock up ~44% YTD after 25%
gain in 2024
(Lance Tupper is a Reuters market analyst. The views expressed
are his own)
((lance.tupper@tr.com 1-646-279-6380))