monday.com shares have fallen 52.4% over the past six months and now trade at $69.40. The company's annual recurring revenue reached $1.41 billion in the first quarter, with year-on-year growth averaging 25.5% over the last four quarters. Its gross margin averaged an elite 89.1% over the past year, leaving roughly $89.05 for every $100 in revenue to fund selling, marketing, and research and development. The customer acquisition cost payback period stood at 30.8 months, indicating efficient new customer acquisition. The stock currently trades at 2.2 times forward price-to-sales.
Monday.Com LtdStock price has fallen 52.4% over six months, now trading at $69.40, reflecting poor market sentiment and valuation concerns.