Monday.com (MNDY 5.24%) announced Q1 earnings this morning, beating on both top and bottom lines. The software-as-a-service company reported non-GAAP (adjusted) earnings per share of $0.96, beating by $0.05 per share. Revenues were reported at $108.5 million, an 84% year-over-year increase and a $7.19 million beat. But highflier software stocks are getting crushed, and you want to know if the stock is a buy at these levels or if it might go lower. Please watch this 10-minute video for stock analysis and price opinions, including the following information:
- Earnings breakdown
- List of competitors
- Valuation metrics
- Technical chart analysis
- My thoughts and opinions on the stock price and where it might be headed
*Stock prices used were from the trading day of May 16, 2022. The video was published on May 16, 2022.
