crypto strategy

Monday.Com analyst remains optimistic after New York conference, thanks to improvements in product strategy

  • Needham analyst Scott Berg reiterated a buy on Monday.Com Ltd (NASDAQ: MNDY) with a price target of $230.

  • He attended’s Elevate customer conference in New York yesterday.

  • Its main finding was significant product strategy improvements that are almost exclusively focused on scaling and features required for larger deployments.

  • Especially for customers in the large enterprise segment, he believes they are beginning to standardize and streamline their collaborative work management (CWM) infrastructure.

  • He liked this focus as he thinks it is essential to capture the current growth phase of the CWM segment.

  • Customer conversations were very complementary to the company’s user interface, ease of use, and ability to scale outside of traditional project management use cases.

  • He thinks this ability will be needed to transform CWM from a decently sized TAM to a meaningfully sized TAM.

  • Price Action: Shares of MNDY traded up 0.28% at $98.18 when last checked on Tuesday.

Latest reviews for MNDY






February 2022

D.A. Davidson



To buy

February 2022



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February 2022

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