MNDY - monday.com: Turning Workflow Into Cash Flow
2024-06-20 14:13:50 ET
Summary
- monday.com Ltd.'s innovative pricing model adjustments have led to strong customer retention and exceeded revenue projections, reinforcing its value proposition.
- Future growth prospects include AI integration and continued product innovation, projected at a 30% CAGR, positioning monday.com favorably in the work management software market.
- Paying 37x forward free cash flow still makes a lot of sense.
Investment Thesis
monday.com Ltd. ( MNDY ) has a lot going for it. On the surface, the stock is not cheap. I estimate that monday.com is priced at approximately 37x forward free cash flow....
monday.com: Turning Workflow Into Cash Flow