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Stock impact report

Monday.com Ltd. (MNDY) Gains Analyst Confidence with Strong ARR, Market Expansion, and AI Positioning [Yahoo! Finance]

monday.com Ltd. - Ordinary Shares (MNDY) 
Company Research Source: Yahoo! Finance
The research firm remains confident about the company's growth trajectory following an impressive third quarter, during which revenue rose 26%. In addition, the research has highlighted significant opportunities for total addressable market expansion in the CRM and Service segments. Analyst Allan Verkhovski has already downplayed market concerns around AI-driven Google SEO, insisting they are overblown. According to Verkhovski, Monday.com's new products are scaling at an impressive rate, as depicted by robust annual recurring revenue that has already reached $133 million. The company's go-to-market strategy, with enterprise product bundles and solution selling, is also positioning it for growth, with increasing multi-product adoption and retention rates. BTIG expects the company to achieve its revenue target of $1.8 billion in 2027, representing a 21% compound annual growth rate over the past 2 years. Tigress Financial Partners is also bullish on Monday.com's prospects, having re Show less Read more
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