SMAR vs MNDY Stock Comparison: AI Score, Valuation, Performance and Upside
SMAR (Smartsheet) and MNDY (monday.com) were both cloud work management platform companies — Smartsheet was acquired by Blackstone in 2024, having built a strong enterprise and government position using spreadsheet-familiar interface with FedRAMP authorization, while monday.com remains public with higher growth from its visually designed Work OS platform, product-led growth, and platform expansion (CRM, Dev, Service) beyond core project management.
SMAR vs MNDY is enterprise/government work management with compliance-driven differentiation (Smartsheet's FedRAMP government authorization, spreadsheet-familiar UI adoption, and enterprise platform depth — now private after Blackstone acquisition) versus high-growth Work OS platform with product-led SMB/mid-market expansion (monday.com's viral PLG model, 110%+ net revenue retention, and multi-product expansion into CRM/Dev/Service — navigating crowded work management competition from Microsoft and scaling to enterprise).
SMAR and MNDY are closely matched — they split the tracked metrics evenly.
Human Wall Street analysts' price targets, typically implying a ~12-month view — a separate signal from this site's own AI Prediction Signal further down the page, which is a 5-/30-day machine-learning forecast based on price history alone.
- Smartsheet is no longer publicly traded after Blackstone's 2024 acquisition; public market investors cannot directly invest in Smartsheet shares
- Smartsheet's government/enterprise work management with FedRAMP authorization represents a durable business now under private equity ownership focused on margin improvement and potential future exit
- Investors seeking work management software exposure must look to monday.com (MNDY), Asana, or Microsoft as the primary publicly traded alternatives
- Want exposure to a high-growth work management platform with 110%+ net revenue retention, strong product-led growth in SMB and mid-market, and expanding platform ambition beyond project management into CRM, DevOps, and service management
- Believe monday.com's Work OS concept creates a platform framework that can expand across multiple software categories (replacing dedicated CRM, DevOps, and ITSM tools with monday-native products) and drive multi-year ARR growth
- Value monday.com's viral adoption model and highly visual product as sustainable competitive advantages in a crowded work management market where differentiation from legacy project management tools is essential
| Metric | SMAR | MNDY |
|---|---|---|
| AI scorei | N/A | 23.8 |
| AI ranki | N/A | #3414 |
| Latest closei | N/A | $83.66 |
| 1M returni | N/A | -9.61% |
| 6M returni | N/A | +25.86% |
| 1Y returni | N/A | -59.64% |
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | SMAR | MNDY |
|---|---|---|
| 1Y ago | N/A | $4.04K (-59.6%) started 2025-09-25 |
| 5Y ago | N/A | $2.3K (-77.0%) started 2021-09-27 |
| 10Y ago | N/A | $4.68K (-53.2%) started 2021-06-10 |
Hypothetical — past performance does not guarantee future results.
| Metric | SMAR | MNDY |
|---|---|---|
| Market capi | N/A | $3.99B |
| Trailing P/Ei | N/A | 40.02 |
| Forward P/Ei | N/A | 14.13 |
| Price/Salesi | 8.25 | N/A |
| EV/Revenuei | N/A | 2.37 |
| Analyst targeti | N/A | $109.00 |
| Target upsidei | N/A | +15.42% |
| Metric | SMAR | MNDY |
|---|---|---|
| Revenue growthi | N/A | 21.90% |
| Earnings growthi | N/A | 163.90% |
| EPS growthi | N/A | +163.90% |
| FCF margini | N/A | +20.83% |
| Operating margini | N/A | 5.46% |
| Profit margini | N/A | 8.87% |
| ROIC proxyi | N/A | 13.39% |
| Return on equityi | N/A | 13.39% |
| Dividend yieldi | N/A | N/A |
| Payout ratioi | N/A | 0.00% |
| Dividend growth streaki | N/A | N/A |
| Betai | 0.31 | 1.13 |
| Debt/equityi | N/A | 38.43 |
| Current ratioi | N/A | 1.53 |
| Quick ratioi | N/A | 1.42 |
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
| Period | Metric | SMAR | MNDY |
|---|---|---|---|
| 1Y | Growthi | N/A | -59.64% |
| CAGRi | N/A | -59.66% | |
| Volatilityi | N/A | 64.56% | |
| Sharpe ratioi | N/A | -1.15 | |
| Sortino ratioi | N/A | -1.54 | |
| Max drawdowni | N/A | 71.63% | |
| Current drawdowni | N/A | 59.64% | |
| Avg drawdowni | N/A | 47.74% | |
| Ulcer Indexi | N/A | 52.00% | |
| Max daily dropi | N/A | 20.79% | |
| Max wkly dropi | N/A | 31.19% | |
| 5Y | Growthi | N/A | -76.96% |
| CAGRi | N/A | -25.47% | |
| Volatilityi | N/A | 70.70% | |
| Sharpe ratioi | N/A | -0.12 | |
| Sortino ratioi | N/A | -0.17 | |
| Max drawdowni | N/A | 86.78% | |
| Current drawdowni | N/A | 81.19% | |
| Avg drawdowni | N/A | 58.58% | |
| Ulcer Indexi | N/A | 61.37% | |
| Max daily dropi | N/A | 29.80% | |
| Max wkly dropi | N/A | 45.56% | |
| 10Y | Growthi | N/A | -53.23% |
| CAGRi | N/A | -13.38% | |
| Volatilityi | N/A | 71.58% | |
| Sharpe ratioi | N/A | 0.10 | |
| Sortino ratioi | N/A | 0.14 | |
| Max drawdowni | N/A | 86.78% | |
| Current drawdowni | N/A | 81.19% | |
| Avg drawdowni | N/A | 55.74% | |
| Ulcer Indexi | N/A | 59.66% | |
| Max daily dropi | N/A | 29.80% | |
| Max wkly dropi | N/A | 45.56% |
| Category | SMAR | MNDY |
|---|---|---|
| Company | Smartsheet Inc. | monday.com Ltd. |
| Sector | Technology - Enterprise Work Management Software | Technology |
| Industry | N/A | Software - Application |
| Core business | Smartsheet is a cloud-based work management platform that combines the familiarity of spreadsheets with project management, automation, and collaboration capabilities. Smartsheet's platform provides project and work management, content collaboration (integrating documents and assets into workflows), automated workflows (no-code automation triggers and actions), resource management, and enterprise-level governance (security, compliance, and administration). Smartsheet is particularly strong in government (U.S. Federal government certification, FedRAMP authorization), financial services, healthcare, and other regulated industries where compliance and security requirements are stringent. Smartsheet was acquired by private equity (Blackstone) in 2024, taking it private — but it remains a relevant competitor in the work management software space. | monday.com is a cloud-based work management platform (Work OS) designed to enable teams to run projects, workflows, and processes on a single platform. monday.com's highly visual, flexible interface (columns, views, automations) is designed to be intuitive for non-technical users and adaptable to virtually any workflow — from marketing campaign tracking to software sprint management to construction project scheduling. monday.com's platform includes: monday Work Management (core project and work management), monday CRM (customer relationship management built on the platform), monday Dev (software development workflows), and monday Service (IT service management). Founded in Israel in 2012 (originally dapulse), monday.com went public on Nasdaq in 2021 and has achieved rapid growth particularly among SMB and mid-market customers. |
| Investor focus | Investors had tracked Smartsheet's Annual Recurring Revenue growth, net revenue retention (reflecting customer expansion), large enterprise ($100K+ ARR) customer additions, and the competitive dynamics with monday.com and Microsoft Project/Planner. | Investors track monday.com's ARR growth (targeting $1+ billion), net revenue retention (expansion within existing customers), large enterprise customer growth, and path to sustained profitability as the company scales toward Rule of 40+ performance. |
- Enterprise-grade compliance and security certifications provide differentiation in government and regulated industries — FedRAMP authorization (required for U.S. government cloud software) is a significant competitive barrier; Smartsheet's government customer base is a durable advantage that monday.com (without equivalent certifications) cannot easily address
- Spreadsheet-familiar interface reduces adoption barriers in enterprises where work is already done in Excel — Smartsheet's grid interface (resembling Excel) enables enterprise adoption without retraining employees accustomed to spreadsheet-based project tracking
- Platform extensibility through APIs and integrations creates enterprise stickiness — Smartsheet's integration with Microsoft 365, Salesforce, Jira, and other enterprise systems makes it a coordination hub in multi-system enterprise environments
- Highly viral product-led growth model drives efficient customer acquisition — monday.com spreads within organizations through team-level adoption (a marketing team adopts monday.com; other departments see it and adopt too); this product-led growth (PLG) reduces customer acquisition cost vs. traditional enterprise sales models
- Platform extensibility enables monday.com to expand into adjacent software markets (CRM, DevOps) — monday's 'Work OS' concept positions the platform as a general-purpose work infrastructure; monday CRM, monday Dev, and monday Service expand the platform beyond core project management; each new product increases ARR per customer and switching costs
- Strong net revenue retention (consistently 110%+) reflects organic expansion within customer accounts — monday.com's best-in-class NRR means existing customers spend more each year; seat expansions, tier upgrades, and cross-product adoption drive organic revenue growth within the existing customer base
- Competition from Microsoft (Project, Planner, Loop) in enterprise work management — Microsoft's work management tools benefit from bundling in Microsoft 365; enterprise IT departments already paying for Microsoft 365 may prefer Microsoft Planner/Project over additional vendor spending on Smartsheet
- Monday.com's faster growth and better user experience erodes Smartsheet's market share — monday.com's more modern UI and marketing-savvy growth strategy is winning newer enterprise customers; Smartsheet's more traditional spreadsheet-inspired UI may appeal less to modern knowledge workers
- Going private (2024 acquisition by Blackstone) removes public market transparency — Smartsheet's acquisition by Blackstone means less public information about competitive dynamics and financial performance
- Competition from Asana, Smartsheet, Microsoft Planner, Notion, Jira (Atlassian), and Salesforce in the crowded work management market — the work management software market is extremely crowded with many well-funded competitors; differentiation is challenging when Microsoft bundles work management tools in Microsoft 365
- Path to enterprise from SMB/mid-market requires different sales motion and product features — monday.com's strength in SMB and mid-market may not translate directly to winning enterprise Fortune 500 accounts where Smartsheet's compliance certifications and deep enterprise governance matter
- Israeli geopolitical risk and development center concentration — monday.com is headquartered in Tel Aviv and has significant development operations in Israel; geopolitical instability in the region represents an operational risk for the company
Compare more than two at a time
This page is a fixed writeup on SMAR and MNDY. Our comparison engine is the interactive version: load up to five tickers, switch timeframes, and get the correlation, drawdown, and overlap analysis that a static page can't show.
Add three more names beside SMAR and MNDY, mixing stocks and ETFs in the same table — useful when the real question is which of a whole peer group to own.
AI score, forward P/E, analyst target upside, operating margin, and revenue growth are scored head-to-head, with a running tally of which ticker leads on how many metrics.
Volatility, Sharpe and Sortino ratios, maximum, current, and average drawdown, Ulcer Index, and worst single-day and single-week drops across every timeframe.
Pairwise daily-return correlation for every combination, so you can see whether two holdings actually diversify each other or just move together.
A scatter plot of forward P/E against return on equity, plus drawdown and 30-day rolling volatility charts, to separate what is cheap from what is merely beaten down.
For ETFs, a top-holdings comparison that exposes hidden overlap between funds. Every comparison exports to CSV for your own spreadsheet work.
Two comparisons a week are free without an account. A 14-day trial removes the limit and adds AI price forecasts, stock rankings, saved watchlists, and the intrinsic value calculator — no credit card required.
Want deeper AI forecasts?
This comparison page is public and free forever. Subscribers can unlock saved watchlists, full AI rankings, detailed forecasts, and interactive analysis tools.
Full valuation workup with AI Score, Monte Carlo forecast, and bull/bear case — free preview, premium data from $3.99.