Great write-up Sergey. I’ve long believed MNDY is undervalued and has very compelling growth/optionality. Also, I believe AI can easily integrate into many aspects of the platform creating an easy upsell recurring revenue stream (like Microsoft CoPilot). What do you see as the biggest risks or the KPIs you are watching the closest?
Great question. I believe $MNDY operates in a highly competitive segment, which is a challenge and is reflected in its relatively low valuation multiples. If the company strengthens its market position significantly, the valuation is likely to increase.
Recently, Monday raised prices, and what's important is that new customer additions remained strong, even reaching a record level last quarter. This indicates the company has pricing power.
Going forward, I believe the key will be net new ARR additions, as the impact of the price increase will gradually diminish. It's important that net new ARR continues to grow.
Great write-up Sergey. I’ve long believed MNDY is undervalued and has very compelling growth/optionality. Also, I believe AI can easily integrate into many aspects of the platform creating an easy upsell recurring revenue stream (like Microsoft CoPilot). What do you see as the biggest risks or the KPIs you are watching the closest?
Great question. I believe $MNDY operates in a highly competitive segment, which is a challenge and is reflected in its relatively low valuation multiples. If the company strengthens its market position significantly, the valuation is likely to increase.
Recently, Monday raised prices, and what's important is that new customer additions remained strong, even reaching a record level last quarter. This indicates the company has pricing power.
Going forward, I believe the key will be net new ARR additions, as the impact of the price increase will gradually diminish. It's important that net new ARR continues to grow.