MNDY
monday.com Ltd.
MNDY has a slight edge over SNDK overall, supported by lower modeled downside and stronger valuation.
SNDK
Sandisk Corporation
SNDK offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MNDY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Healthy | |
| Healthy |
MNDY's revenue, profitability, cash flow and balance sheet are all currently healthy.
SNDK Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
SNDK's revenue, profitability, cash flow and balance sheet are all currently strong.
MNDY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 11x | $77.04 | — |
| Current | 33x | $77.04 | — |
| Cheap | 37x | $87.33 | +13% |
| Fair | 264x | $620 | +705% |
| Expensive | 594x | $1,395 | +1711% |
Historical ranges are pointers, not guarantees.
MNDY's PE is in its cheap range at 33x. If earnings grow as analysts expect, today's price would be 11x next year's earnings.
SNDK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 3.8x | $937 | — |
| Current | 7.5x | $937 | — |
| Cheap | 17x | $2,173 | +132% |
| Fair | 24x | $3,048 | +225% |
| Expensive | 59x | $7,452 | +695% |
Historical ranges are pointers, not guarantees.
SNDK has the edge over MNDY in the historical PE scenario, which offers more potential upside but is not a forecast.
MNDY Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect earnings and revenue growth for MNDY, with profitability improving. However, they disagree widely on these estimates.
SNDK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for SNDK, with profitability improving.
MNDY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $7.26 | +209% |
| Q2 2026 | $2.35 | +213% |
| Q1 2026 | $2.30 | +132% |
| Q4 2025 | $2.25 | +269% |
| Q3 2025 | $1.24 | +202% |
| Q2 2025 | $0.75 | -6.3% |
| Q1 2025 | $0.99 | +161% |
| Q4 2024 | $0.61 | +$0.68 |
| Q3 2024 | $0.41 | +$0.75 |
MNDY's earnings per share have jumped to their highest in six years: $2.35 over the past year, up from $0.75 the year before.
SNDK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $247.30 | +97% |
| Q3 2026 | $125.61 | +$137.63 |
| Q2 2026 | $73.76 | +$85.07 |
| Q2 2025 | -$11.31 | -$6.65 |
SNDK has the edge over MNDY in the latest year-over-year earnings comparison.
MNDY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $364.6M | +22% |
| Q1 2026 | $351.3M | +24% |
| Q4 2025 | $333.9M | +25% |
| Q3 2025 | $316.9M | +26% |
| Q2 2025 | $299M | +27% |
| Q1 2025 | $282.3M | +30% |
| Q4 2024 | $268M | +32% |
| Q3 2024 | $251M | +33% |
MNDY's revenue has grown year over year every quarter since early 2021: $365M last quarter, up 22% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 5.5% | +9.3 points |
| Q1 2026 | 5.6% | +2.1 points |
| Q4 2025 | 0.7% | -2.9 points |
| Q3 2025 | -0.8% | +10 points |
| Q2 2025 | -3.9% | -4.6 points |
| Q1 2025 | 3.5% | +5.8 points |
| Q4 2024 | 3.6% | +4.2 points |
| Q3 2024 | -11% | -9.6 points |
MNDY's operating margin was 5.5% last quarter, up 9.3 points from the same quarter a year ago, near the top of its range since 2020.
SNDK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $11B | +378% |
| Q2 2026 | $9B | +372% |
| Q1 2026 | $6B | +251% |
| Q4 2025 | $3B | +61% |
| Q3 2025 | $2.3B | +23% |
| Q2 2025 | $1.9B | +8% |
| Q1 2025 | $1.7B | -0.6% |
| Q4 2024 | $1.9B | +13% |
SNDK's revenue has grown year over year for six quarters in a row: $11B last quarter, up 378% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 80% | +72 points |
| Q2 2026 | 78% | +78 points |
| Q1 2026 | 69% | +180 points |
| Q4 2025 | 35% | +25 points |
| Q3 2025 | 7.6% | -9 points |
| Q2 2025 | 0.9% | N/A |
| Q1 2025 | -111% | -122 points |
| Q4 2024 | 10% | +6.6 points |
SNDK has the edge over MNDY on profitability, with a higher operating margin.
MNDY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $54.4M | -9.4% |
| Q1 2026 | $101.8M | -5.3% |
| Q4 2025 | $52.2M | -28% |
| Q3 2025 | $90.2M | +9.5% |
| Q2 2025 | $60M | +18% |
| Q1 2025 | $107.5M | +20% |
| Q4 2024 | $72.7M | +30% |
| Q3 2024 | $82.4M | +27% |
MNDY generated $298M in free cash flow over the past year, down 7.5% from the year before.
SNDK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $6.3B | +1340% |
| Q2 2026 | $7.1B | +14355% |
| Q1 2026 | $3B | +$3B |
| Q3 2025 | $438M | +$636M |
| Q2 2025 | $49M | +$217M |
| Q1 2025 | -$18M | +$23M |
| Q3 2024 | -$198M | -$157M |
SNDK has the edge over MNDY on cash flow, with more consistent year-over-year improvement.
MNDY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -9% | -4.4M shares |
| 1 year | -17% | -8.8M shares |
| 3 years | -7.8% | -3.8M shares |
| 5 years | +1% | +446K shares |
| Available history | +16% | +6.2M shares |
MNDY has the edge over SNDK on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $201.2M |
| Q1 2026 | $552.6M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
MNDY spent $754M buying back its own shares over the past year, after none the year before.
SNDK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.6% | -1M shares |
| 1 year | +3.4% | +5M shares |
| 3 years | +6.9% | +10M shares |
SNDK has 154M diluted shares, up 3.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5B |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
MNDY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -6.5x | Net Cash |
| Q1 2026 | -10.7x | Net Cash |
| Q4 2025 | -16.3x | Net Cash |
| Q3 2025 | -17.8x | Net Cash |
| Q2 2025 | -27.6x | Net Cash |
| Q1 2025 | -21.1x | Net Cash |
| Q4 2024 | -28.2x | Net Cash |
| Q3 2024 | -35.7x | Net Cash |
MNDY has the edge over SNDK on leverage, with a lower net debt burden relative to earnings.
SNDK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | -0.4x | Net Cash |
| Q1 2026 | -0.7x | Net Cash |
SNDK has more cash than debt.
MNDY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 42.9 | Neutral |
| Stochastic | 36.4 | Neutral |
MNDY's weekly RSI is 43 (neutral) and its Stochastic is 36 (neutral).
SNDK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 10.6 | Oversold |
SNDK's weekly RSI is 40 (neutral) and its Stochastic is 11 (oversold).
MNDY PE vs Technology Sector
| Metric | MNDY | Sector median | Relative |
|---|---|---|---|
| PE | 33x | 28x | 18% above |
| PE % | 8 | 43 | 35 pts below |
MNDY is trading at 33x earnings, a 18% premium to the Technology sector's median of 28x.
SNDK PE vs Technology Sector
| Metric | SNDK | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 28x | 73% below |
| PE % | 4 | 27 | 23 pts below |
SNDK has the edge over MNDY on valuation relative to its sector.
MNDY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $88.6 | 13% below |
| 20 week MA | $87.5 | 12% below |
| 50 week MA | $91.6 | 16% below |
| 100 week MA | $166.6 | 54% below |
| 200 week MA | $181.6 | 58% below |
SNDK has stronger trend alignment. MNDY is above 0 of 5 weekly averages versus SNDK above 0 of 3.
SNDK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1,317.5 | 29% below |
| 20 week MA | $1,465.4 | 36% below |
| 50 week MA | $1,119.6 | 16% below |
SNDK is in a downtrend: it's below all three of its weekly moving averages, and 16% below its 50-week average.
MNDY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $189.3 | $304.4 | +61% |
| 2022 | $304.4 | $113.5 | -63% |
| 2023 | $113.5 | $187.8 | +65% |
| 2024 | $187.8 | $233.2 | +24% |
| 2025 | $233.2 | $145.8 | -37% |
| 2026 YTD | $145.8 | $77.0 | -47% |
MNDY is down 47% so far in 2026, after finishing higher in three of the previous five years.
SNDK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $50.4 | $250.1 | +396% |
| 2026 YTD | $250.1 | $937.5 | +275% |
SNDK has the edge over MNDY on returns for 2026, with the stronger performance.