How to Buy Monday.com Stock
Mondaycom Ltd
monday. com Ltd. , together with its subsidiaries, develops software applications in the United States, Europe, the Middle East, Africa, and internationally.
Monday.com stock last closed at $229.03, down 7% from the previous day, and has increased 25.92% in one year. It has overperformed other stocks in the Software - Application industry by 0.42 percentage points. Monday.com stock is currently +27.94% from its 52-week low of $179.02, and -33.16% from its 52-week high of $342.64.
There are currently 50.77M shares of MNDY outstanding. The market cap of MNDY is $11.63B. In the past 24 hours, 431,034 MNDY shares were traded.
How to Buy Monday.com Stock
Wondering how to invest in Monday.com stock? Here's how.
- Figure out where to buy Monday.com stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Monday.com stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Pick your method of payment and add your info.
- Analyze Monday.com stock: The Monday.com ticker symbol is MNDY. Is Monday.com stock a good investment? Should you buy shares of MNDY? How do MNDY's underlying business fundamentals look? Do top analysts think Monday.com is a good buy? Why has MNDY's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if MNDY is a good stock to buy).
- Make your MNDY buy order: Decide if you will purchase MNDY shares at the current market price or use a limit order to buy MNDY stock at a particular price.
- Keep an eye on your investment in MNDY: Create a watchlist to monitor your investment in Monday.com stock.
Step 1: Figure out where to buy Monday.com stock
You need a brokerage account to access the NASDAQ market and buy MNDY shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you need to fill out some personal info so you can invest in MNDY today.
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Step 3: Deposit money your brokerage account
Now that you've finished signing up on the best app for stock investing, you can securely and quickly fund your account:
Watch the walkthrough below if you need help transferring funds into your brokerage account.
Step 4: Analyze Monday.com stock
Once you have figured out the best place to buy Monday.com stock, it's very important to evaluate their stock prior to buying, so you can comprehend the risk as well as the upside.
Overview of key MNDY info
MNDY Fundamentals
WallStreetZen was designed to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on MNDY's stock page.
How is MNDY stock valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge MNDY's fair value.
Using relative valuations metrics:
- MNDY may be overvalued based on its P/E ratio of 352.35x, relative to Software - Application industry P/E ratio of 107.02x
- MNDY could be overvalued based on its P/B ratio of 11.29x, relative to Software - Application industry P/B ratio of 6.17x
- MNDY could be overvalued based on its PEG ratio of 7.21x
You can do more valuation research on MNDY's stock here.
A quick look at MNDY Financials
Passed Financial Due Diligence Checks:
- MNDY profit margin has gone up from -0.3% to 3.3% in the past year.
- There are more short-term assets than short-term liabilities on the MNDY balance sheet.
- MNDY earnings of -$21.03M is not sufficient to cover its interest payments.
- MNDY's operating cash flow of $311.07M allows it to safely service it's debt of $106.04M.
- There are more short-term assets than long-term liabilities on the MNDY balance sheet.
- Total MNDY debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- MNDY has a relatively high debt to equity ratio of 0.64.
Is it a good time to buy MNDY stock, according to Wall Street analysts?
Out of 17 Wall Street analysts who give forecasts on MNDY, the consensus analyst rating on Monday.com is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest MNDY Analyst Recommendations
Jackson Ader, a top 11% analyst from KeyBanc upgrades MNDY to a strong buy rating and announces their MNDY price target of $420.00, on Feb 11, 2025.
David Hynes, a bottom 6% analyst from Canaccord Genuity maintains MNDY with a strong buy rating and raises their MNDY price target from $310.00 to $375.00, on Feb 11, 2025.
Thomas Blakey, a top 13% analyst from Cantor Fitzgerald maintains MNDY with a strong buy rating and raises their MNDY price target from $292.00 to $380.00, on Feb 11, 2025.
Ryan Macwilliams, a top 13% analyst from Barclays maintains MNDY with a strong buy rating and raises their MNDY price target from $347.00 to $350.00, on Feb 11, 2025.
Barclays's Ryan Macwilliams raised their price target on Monday.com (NASDAQ: MNDY) by 0.9% from $347 to $350 on 2025/02/11. The analyst maintained their Strong Buy rating on the stock.
Monday.com reported its Q4 and FY 2024 earnings.
Factors "providing resiliency" to the stock's FY 2025 setting, according to Macwilliams include:
- Business momentum.
- Pricing.
- Multi-product tailwinds.
- The possibility of an AI contribution.
In spite of challenges in the European Union in Q4, the analyst thinks Monday.com's enterprise victories more than made up for it.
Earnings Report
Monday.com reported:
For Q4 2024:
- EPS of $1.08, which beat the Zacks Consensus Estimate of $0.78 and, by 66.2%, Q4 2023’s $0.65.
- Revenue of $267.98M, which beat the Zacks Consensus Estimate by 2.62% and, by 32%, Q4 2023’s $202.57M.
For FY 2024:
- EPS of $3.50, up 89.2% Y/Y.
- Revenue of $972M, up 33% Y/Y.
Management guided:
For Q1 2025:
- Revenue of $274M to $276M
- Operating income of $25M to $27M.
For FY 2025:
- Revenue of $1.21B to $1.22B.
- Operating income of $134M to $142M.
Co-founders & co-CEOs, Roy Mann and Eran Zinman commented: “2024 was a remarkable year for monday.com, reflecting our rapid product innovation and focus on go-to-market execution, driving strong demand across customers of all sizes.
“We are proud to have further expanded our product suite with Monday service, which is already seeing rapid adoption from both existing and new customers.
“As we look to 2025, we are excited to double-down on our AI efforts, with a focus on AI Blocks, Product Power-ups, and our new Digital Workforce of AI Agents.
“We believe AI can be a game-changer for our customers, giving them the ability to transform their workflows and scale faster than ever before.”
CFO Eliran Glazer added, “Our 2024 results reflect our ongoing commitment to driving highly efficient growth through nearly any macroeconomic environment, with record GAAP and non-GAAP operating margins and free cash flow and surpassing $1B in ARR.
“We are entering 2025 from a position of strength, and we remain as confident as ever in the exciting growth opportunities we see ahead.”
Rob Oliver, a top 23% analyst from Baird maintains MNDY with a hold rating and raises their MNDY price target from $275.00 to $335.00, on Feb 11, 2025.
You can dig deeper into what analysts are projecting on the Monday.com stock forecast page.
MNDY Technical Indicators
MNDY Growth Metrics
Last year, MNDY revenue was $972.00M. During the last five year, MNDY's revenue has gone up by 65.58% per year. This was faster than the Software - Application industry average of 21.43%.
Dig into MNDY's earnings and revenue performance here.
Who is buying/selling MNDY?
In the last 12 months, insiders at MNDY have not bought or sold any shares.
Learn more about who owns MNDY shares here.
Can I rely on MNDY as an income stream?
No, Monday.com doesn't provide an income stream by paying out dividends.
What do other investors have to say about MNDY?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Make your MNDY buy order
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open button and your broker will execute your order.
If you require more info about investing in stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your investment in MNDY
Now that you own some MNDY stock, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to track your MNDY stock.
MNDY Feed
How to Buy Stock in Monday.com
To summarize, here are the 6 steps to buy stock in Monday.com:
- Figure out where to buy Monday.com stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Analyze Monday.com stock
- Make your MNDY buy order
- Keep an eye on your investment in MNDY
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Monday.com, click the button below.
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