Monday.com Analysts Boost Their Forecasts Following Q3 Earnings
Monday.com Analysts Boost Their Forecasts Following Q3 Earnings
Monday.com raised 2024 revenue guidance to $964 million–$966 million (prior $956 million–$961 million) against the consensus of $960.2 million and an adjusted operating margin of 12%–13% (prior 10%-11%)Monday.com Ltd (NASDAQ:MNDY) reported better-than-expected earnings for its third quarter on Monday.
週一，Monday.com Ltd (納斯達克股票代碼:MNDY) 報告稱其第三季度收益好於預期。
The company reported fiscal third-quarter 2024 revenue growth of 33% Y/Y to $251.0 million, beating the analyst consensus estimate of $246.1 million. The project management software company's adjusted EPS of 85 cents beat the analyst consensus estimate of 63 cents.
該公司報告稱，截至2024財年第三季度，營業收入增長33%同比達到$25100萬，超過分析師的一致預期$24610萬。這家項目管理軟件公司的調整後每股收益爲85美分，高於分析師的一致預期63美分。
"monday.com had a strong Q3, driven by the team's consistent execution as we focus on deepening our product capabilities and bolstering the platform to support customers of all sizes," said monday.com co-founders and co-CEOs, Roy Mann and Eran Zinman. "Reaching $1 billion in ARR marks a major milestone in our journey as a company, and we are more excited than ever to enter this next stage of growth, building on the strong foundation we've established."
"monday.com在Q3表現強勁，得益於團隊的持續執行，我們致力於加強產品能力並加強平台以支持各種規模的客戶，"monday.com的聯合創始人兼聯合首席執行官Roy Mann和Eran Zinman表示。"達到10億美元ARR標誌着我們作爲一家公司的重要里程碑，我們比以往任何時候都更興奮地進入增長的下一個階段，在我們已建立的堅實基礎上繼續發展。"
Monday.com raised 2024 revenue guidance to $964 million–$966 million (prior $956 million–$961 million) against the consensus of $960.2 million and an adjusted operating margin of 12%–13% (prior 10%-11%)
Monday.com將2024年營業收入指導提高至$96400萬至$96600萬（之前爲$95600萬至$96100萬），超出市場預期$96020萬，並將調整後的營業利潤率提高至12%至13%（之前爲10%-11%）。
Monday.com shares fell 3% to trade at $266.95 on Tuesday.
週二，Monday.com股價下跌3%，報價$266.95。
These analysts made changes to their price targets on Monday.com following earnings announcement.
這些分析師根據monday.com的盈利公告對其價格目標進行了調整。
- Needham analyst Scott Berg maintained Monday.Com with a Buy and raised the price target from $300 to $350.
- Baird analyst Rob Oliver maintained the stock with a Neutral and raised the price target from $265 to $270.
- Canaccord Genuity analyst David Hynes maintained Monday.Com with a Buy and raised the price target from $295 to $310..
- Needham分析師Scott Berg維持對Monday.Com爲買入評級，並將價格目標從$300調高至$350。
- Baird分析師Rob Oliver保持中立評級，將股票價格目標從$265調高至$270。
- Canaccord Genuity分析師David Hynes維持對Monday.Com的買入評級，並將價格目標從295美元上調至310美元。
Considering buying MNDY stock? Here's what analysts think:
考慮購買MNDY股票嗎？這是分析師的看法：
Read More:
閱讀更多：
- Jim Cramer: This Tech Stock Can 'Go To 160,' Recommends Buying Domino's Pizza
- 吉姆克雷默：這家科技股票可以'漲到160美元'，建議購買達美樂披薩
譯文內容由第三人軟體翻譯。
