Posted 1/26/2024, 6:38:00 PM
Monday.com Soars Past Buy Point As Earnings and Revenue Growth Accelerate for Red-Hot AI Software Firm
- Monday.com is an AI and workflow automation software company that recently broke out past a buy point.
- The company posted 1,180% earnings growth in Q3 and 38% revenue growth.
- Monday.com will report Q4 results on Feb. 12. Earnings are expected to decline 27% but revenue is forecast to grow 32%.
- The stock has a near-perfect 98 Composite Rating. Its recent breakout makes it a top AI stock to watch.
- The stock broke out past a cup with handle buy point at 199.68. The buy range goes up to 209.66.