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monday.com Ltd. (MNDY): A Bull Case Theory

We came across a bullish thesis on monday.com Ltd. on Compounding Your Wealth’s Substack by Sergey. In this article, we will summarize the bulls’ thesis on MNDY. monday.com Ltd.'s share was trading at $181.80 as of August 27th. MNDY’s trailing and forward P/E were 239.21 and 44.84 respectively according to Yahoo Finance.

Monday.com (MNDY) delivered strong Q2 FY25 results with revenue of $299 million, up 27% year over year and above estimates, while EPS of $1.09 beat expectations by 25%. Gross margin held at 90% and non-GAAP operating margin was 15%, with adjusted free cash flow...