Monday.com stock rises 25.3% in 2024, strong financials and growth projections for 2025.

From Nasdaq: 2024-12-31 08:33:00

Monday.com (MNDY) has seen a remarkable 25.3% stock price appreciation in 2024, with strong financials, surpassing $1 billion in ARR and a 33% revenue growth in Q3 2024. Analysts project a 25.62% revenue growth and an 11.72% earnings increase for 2025.
Monday.com’s expanding market opportunity, with a total addressable market exceeding $100 billion, positions it well for growth. The company has seen a 40% increase in enterprise customers generating over $50,000 in ARR and a 44% growth in customers with more than $100,000 in ARR.
Despite competition from tech giants, Monday.com’s pricing optimization initiative and expanding partner ecosystem provide a strong foundation for growth in 2025. With a strong balance sheet, high gross margins, and focus on R&D, the company is poised for success.
For investors, Monday.com presents a compelling opportunity in 2025. With strong financial performance, product innovation, and customer growth, the company’s upward trajectory looks promising. The stock currently holds a Zacks Rank #1 (Strong Buy) and is positioned to capitalize on the growing work management software sector.
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