Wall Street analysts predict potential growth for Advanced Micro Devices (AMD) and Monday.com (MNDY)
From Nasdaq: 2025-01-05 05:25:00
In the technology sector, the Nasdaq Composite index has doubled in the last five years. With growing interest in AI, opportunities for long-term investors remain. Wall Street analysts predict upside potential for Advanced Micro Devices (AMD) and Monday.com (MNDY).
AMD’s revenue from data centers surged 122% in Q3 to $3.5 billion. It estimates the AI accelerator market could reach $500 billion by 2028. Analysts expect total revenue growth of 27% in 2025 to $32 billion, with a forward P/E ratio of 24.
Monday.com’s cloud-based platform revenue grew from $161 million in 2020 to $906 million. Analysts target a $319 share price, 35% above the recent $235 price. Despite competition, the company is growing revenue by over 30% annually.
Profitability is improving for Monday.com, with net income at nearly $22 million in the last four quarters. The stock trades at a P/S ratio of 13, with expectations for a 26% revenue increase in 2025.
Randi Zuckerberg, former Facebook director and sister of Meta Platforms CEO Mark Zuckerberg, sits on The Motley Fool’s board. The Fool recommends AMD, Intel, Meta Platforms, Microsoft, and Monday.com. They have positions in these companies and recommend certain options.
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