Monday.com Ltd. Class Action Lawsuit – MNDY

According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of monday’s revenue expansion outlook; notably decelerating growth, reduced expansion momentum and extended sales cycles. On November 10, 2025, monday issued a press release announcing positive financial results for the third quarter 2025. In pertinent part, the Company reported revenue of $316.9 million, an increase of 26% year-over-year, and above consensus of 24%. Despite this positive news, the Company issued softer guidance for the fourth quarter 2025 due to a shift in its performance marketing strategy. Following this news, monday’s stock price declined from $189.59 per share to $166.21 per share on November 10, 2025. On February 9, 2026, defendants issued a press release reporting positive results for the fourth quarter and fiscal year 2025. Notably in the same release, defendants announced a weaker outlook for the Company’s 2026 guidance and a strategic shift away from its long term 2027 revenue target of $1.8 billion. Following this news, the price of monday’s common stock declined dramatically from a closing market price of $98.00 per share on February 6, 2026, monday’s stock price fell to $77.63 per share on February 9, 2026, a decline of about 21%.