MNDY - 2 Risks Investors Should Know About Monday.com Stock
2024-06-16 06:37:00 ET
Monday.com (NASDAQ: MNDY) , an up-and-coming software-as-a-service (SaaS) company, has many traits that investors like.
It delivered solid growth in the last few years, with revenue surging from $78 million in 2019 to $730 million in 2023 -- a 65% compound annual growth rate. Yet analysts think that the company has just gotten started, and expect significantly more growth in the future.
Still, there are significant risks investors ought to consider before making a decision about whether to buy shares of this company.
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2 Risks Investors Should Know About Monday.com Stock