Monday.com, the project management software developer, has recently been among the most searched stocks on Zacks.com, with its shares down 2.2% over the past month compared to the S&P 500's 0.1% decline. The company, rated Zacks Rank #1 (Strong Buy), has seen significant upward revisions in earnings estimates, with the current quarter's consensus estimate rising 67.5% over the last 30 days to $1.42 per share, and the current fiscal year estimate up 41.8% to $5.55. Revenue projections also look strong, with the current quarter expected to grow 16.3% year-over-year to $368.58 million, following a last reported quarter that beat estimates on both revenue and earnings. However, Monday.com's valuation is graded D, indicating it trades at a premium to its peers.
Monday.Com LtdStrong earnings outlook with upward estimate revisions and recent beat